And the US has been trying to o*******w the government of Venezuela for 15 years. Oil accounts for about 95% of Venezuela's export revenue. While about half of Venezuela's exports go to the US, about 40% goes to Chinese and Russian firms to pay outstanding debts.
So eliminating all exports to the US would cut Venezuelan government income by 75%, according to Angel Alvarado, an opposition congressman and member of the legislative economic commission. That would hinder the government's ability to purchase imports like food and medicine — goods that already very hard to get for many Venezuelans. We don't hear about this in the US MSM. Why?
The latest round of sanctions against Venezuela by the United States are “severe” on a level never seen before, making U.S. President Donald Trump’s cursory threats of military intervention against the Bolivarian state highly plausible, warned Mark Weisbrot, Co-Director of the Center for Center for Economic and Policy Research in Washington DC. Saying they will strike the country’s financial sector, massively impacting its revenue.
"It’s basically very severe sanctions, the kind that I don't remember ever being used, except in cases like Iran or Russia … and there really isn't any justification for them,” Weisbrot said. "Anyone who's been paying attention knows that the United States has been trying to get rid of the Venezuelan government for the past 15 years,” he added.
The economist also warned that, as the history of the United States reflects, economic sanctions are often followed by military interventions, “such as in the case of Nicaragua and Iraq.”
“There’s a whole history of military intervention against countries the United States is trying to o*******w,” he said.
The order, which mirrors former U.S. President Barack Obama’s 2015 executive order that placed sanctions on Venezuela after declaring the country an “extraordinary and unusual threat”, could, Weisbrot predicted, affect normal t***sactions Venezuela needs for trade, “in oil and everything else … so it could be very severe.”
The sanctions also comes weeks after Trump issued a military threat against Venezuela.
“We have many options for Venezuela and by the way, I’m not going to rule out a military option,” Trump had told reporters.
“A military operation and military option is certainly something that we could pursue.”
The Venezuelan President also responded to the order by saying that it “intends to create an economic blockade against Venezuela,” before calling for an urgent meeting with U.S. companies that Venezuela sells oil to.
Tracking US Intervention in Venezuela Since 2002 0Comentarios +
It's been over a decade since a U.S. sponsored c**p temporarily o*******w Venezuela's democracy, and Washington is still plotting.
The United States has a long history of interfering in Venezuela.
Shortly after being returned to power by popular force in April 2002, then president Hugo Chavez quickly warned the United States was already planning its next move. Chavez had been ousted from office for just under two days in early April, in a c**p carefully choreographed by Venezuela's business elite, renegade military elements and the United States.
By early October, 2002, Chavez announced Venezuelan authorities had already uncovered another c**p plot. Two weeks later, Chavez narrowly escaped an assassination attempt. The attempt appeared to coincide with anti-government protests.
Then, as U.S. president George W. Bush entered his second term in 2005, Washington appeared to redouble its efforts to remove Chavez. A month after Bush was sworn in for a second time, Chavez said his government had uncovered another assassination plot. The plot was uncovered just weeks after then U.S. secretary of state Condoleezza Rice described the Venezuelan leader as a “destabilizing force.” In September that year, Bush again lashed out at Venezuela, accusing the country of failing in its fight against the narcotics trade.
Another major c**p plot was foiled in 2006, when Venezuelan authorities said they found evidence the U.S. embassy in Caracas had been secretly collecting military information. That same year, the Department of State began barring certain arms sales to Venezuela. This was the beginning of what would later become a key pillar of U.S. policy towards Caracas – sanctions.
In 2011, state oil company PDVSA was hit with U.S. sanctions, while in 2013 state arms manufacturer CAVIM was also sanctioned. More sanctions were imposed in late 2014 against Venezuelan government officials. Then in March 2015, U.S President Barack Obama issued an executive order imposing another round of sanctions, and describing Venezuela as an “unusual and extraordinary threat” to the United States. This was the most controversial round of sanctions, and sparked widespread condemnation in the region. The Obama administration was eventually pressured into admitting Venezuela doesn't pose a threat to the United States, though the sanctions remained in place.
The evolution of economic pressure on Venezuela is perhaps the most striking example of the continuity of Venezuela policy between the Bush and Obama administrations. However, this overt aggression against Venezuela has likewise been accompanied by a continuous campaign of subversion, largely in the vein of U.S. activities in the lead-up to the 2002 c**p.
Much of this took place through groups like USAID, the U.S. National Endowment for Democracy (NED) and the Office of T***sition Initiatives (OTI).
In a 2006 diplomatic cable made public by WikiLeaks, then U.S. ambassador William Brownfield said both USAID and OTI were playing central roles in a strategy to oust Chavez.
“This strategic objective represents the majority of USAID/OTI work in Venezuela,” Brownfield wrote at the time.
According to investigations by the U.S.-Venezuelan lawyer Eva Golinger, Between 2004 and the time of the cable's initial, secret publication in 2006, USAID spent close to US$15 million on operations in Venezuela. Much of this involved supporting around 300 so-called civil society groups – largely a collection of far right, anti-government groups. One prominent recipient of U.S. funding was Sumate, an anti-Chavez political group founded by right-wing firebrand Maria Machado. Machado was a signatory of the Carmona Decree – the political manifesto of the short-lived 2002 c**p government. The fact that one of the key recipients of U.S. aid was a c**p plotter has led many in Venezuela to accuse USAID of being opposed to democracy.
The latest information available suggests USAID's annual budget for Venezuela was over US$5 million, despite the fact that foreign funding of political activities was banned in Venezuela in 2010. The banning was condemned by the U.S. Department of State, despite the fact the United States has a similar law against funding of political campaigns.
The key factor making such a move even more rational in Venezuela is the fact that unlike the United States, Caracas is still facing c**p attempts backed by a foreign belligerent. In early 2015, the Venezuelan government uncovered yet another brewing c**p attempt. This time, plotters being paid in U.S. dollars were planning to incite street violence, then carry out a series of coordinated bombings targeting key government sites. President Nicolas Maduro accused opposition leaders of mostly being aware of the plot well in advance, and said the plan was aimed at culminating in the collapse of his government.
As new e******ns approach on Dec. 6, concern is again mounting that Venezuela's opposition could be planning more destabilization. However, it's unclear which route the United States will take. Will Washington continue its simmering campaign of underhand destabilization, or will it opt for another open c**p attempt like in 2002?
http://www.telesurtv.net/english/analysis/Tracking-US-Intervention-in-Venezuela-Since-2002-20151117-0045.htmlWHY?
And the US has been trying to o*******w the govern... (