Venezuelan citizens believe US sanctions will help the cash strapped country’s wanna-be dictator change tactics – PB/TK
Trump is prepared to slap sanctions on Venezuela – By Patrick Gillespie and Elise Labott / July 30 2017
The United States is considering sanctions that would strike at the only source of cash for troubled Venezuela: Oil.
Two senior administration officials told CNN Sunday that sanctions could be announced as early as Monday. The Venezuelan government on Sunday held a controversial vote that President Trump and many other critics say will erode any last signs of democracy in the South American nation.
One option is a possible ban on sales of U.S. crude and refined products. The harshest of sanctions, an embargo on shipments of Venezuelan oil to the U.S., is off the table for now, one source said.
Venezuelan President Nicolás Maduro “dreams of becoming a dictator,” Trump said in a statement on July 17. “The United States will not stand by as Venezuela crumbles.”
For his part, Maduro called Trump an “emperor” this week.
Continue to money.cnn.com article: http://money.cnn.com/2017/07/30/news/economy/trump-venezuela-oil-sanctions-options/index.html
