Posts Tagged ‘Nicolas Maduro’

As the multi-layered manuevering in regard to Venezuela continues, it was reported a couple of days ago that the Bank of England has taken actions in line with Washington’s lead.

The Bank of England has refused to hand over $1.2 billion of Venezuelan gold back to the Venzuelan government. Above is a clip from RT of Richard Wolff discussing the matter.

The explanation seems to be deny the ‘illegitimate’ Maduro government access to the country’s own gold reserves, because it will be used to strengthen his position during this crisis. This move comes as the United States and a number of other governments have officially refused to acknowldege President Maduro anymore as the elected leader of Venezuela.

Apparently, the request for the UK to freeze Venezuela’s assets came from the National Assembly leader Juan Guaido – the figure being championed by the US and others as now being the recognised leader of Venezuela. The claim – made by Trump’s Secretary of the Treasury and former Goldman Sachs banker Steve Mnuchin – is that the Venezuelan assets will only be released to a post-Maduro government under the leadership of Guaido. (more…)

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So it looks like US military intervention in Venezuela might be on the cards.

Certainly, with Washington and other Western governments now officially recognising someone other than the sitting president as the legitimate leader, it’s hard to see how there won’t have to be some kind of forced conflict to finalise that arrangement: if it isn’t US military intervention, it would have to be some kind of military coup within Venezuela.

Either way, it’s been telegraphed way in advance. President Trump said a year and a half ago. “We have many options for Venezuela, including a possible military option, if necessary,” Trump told reporters at his New Jersey golf club.

He went on to say, “We have many options for Venezuela and by the way, we’re all over the world and we have troops all over the world in places that are very, very far away. Venezuela is not very far away and the people are suffering and dying. We have many options for Venezuela including a possible military option if necessary.”

It looks like they’re now moving towards probably putting that into action. (more…)