Saturday, 11 January 2025
Trending
AmericasBusiness

The Venezuelan VP Says US Sanctions Lead to Loss

  • The US, she said, has neglected to conform to the lifting of approvals as laid out in the Barbados Understanding.
  • Arrived at between the public authority and Venezuelan resistance groups in October 2023.

Venezuelan VP Delcy Rodriguez has said the US sanctions against the nation have caused misfortunes of almost $700 billion in Gross domestic product.

US Sanctions Lead to a Loss

At a global workshop in the Bolivian city of St Nick Cruz de la Sierra on Monday, the VP said Venezuela’s oil industry supported misfortunes of very nearly 232 billion bucks because of the assets, which have also frozen more than 22 billion bucks Venezuelan resources in worldwide banks, Xinhua news organization revealed.

The understanding brought a consolation, known as Broad Permit 44, from the US on Venezuelan President Nicolas Maduro’s administration in October 2023, however, the Joe Biden organization reimposed sanctions on Venezuela in January, saying the move was in light of Maduro’s choice to restrict a main resistance up-and-comer from running for president.

Considering US one-sided strategies, Latin America “basically” needs another monetary design, Rodriguez said.

“If we have any desire to contemplate another monetary engineering, we should exchange our monetary standards,”

 Venezuelan VP

Related posts
Business

Indian IT Sector Faces Uncertainty Amid Trump Presidency: Earnings Outlook

Indian IT firms Infosys, HCL, and Wipro see market optimism after Trump’s election win. Tax…
Read more
AmericasPolitics

Venezuelan Opposition Leader María Corina Machado Briefly Detained After Caracas Protest

María Corina Machado was briefly detained by security forces after leading an anti-government…
Read more
AmericasPolitics

Trump’s Legal and Diplomatic Turbulence: Sentencing and Greenland Row

Donald Trump faces sentencing for a hush money case just days before his second-term…
Read more
Newsletter
Become a Trendsetter

To get your breaking, trending, latest news immediately without diluting its truthfulness join with worldmagzine immediately.

Leave a Reply

Your email address will not be published. Required fields are marked *

CelebrityEuropeHealth and Medical

King Charles Has Been Diagnosed with Unspecified Cancer

Worth reading...