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Montevideo, March 29th 2024 - 06:51 UTC

Tag: financial institutions

  • Friday, March 15th 2019 - 09:21 UTC

    US considering banning Visa and Mastercard transactions in Venezuela

    The potential financial sanctions are modeled after similar ones imposed by the Trump's administration on Iran, North Korea, Syria and, to a lesser extent, Russia

    The United States is considering imposing financial sanctions that could prohibit Visa, Mastercard and other financial institutions from processing transactions in Venezuela, a senior Trump administration official said on Thursday. The move, which has not been finalized, would represent another step in tightening the financial noose on the government of President Nicolas Maduro and his supporters.