PDVSA

Venezuela Rejects the Dispossession of CITGO by the US

July 10, 2024 UNAC Editor Sanctions and Economic Warfare, U.S. Aggression, Venezuela

News from TeleSUR, June 17, 2024 The United States is still in the process of plundering Venezuela’s oil industry. CITGO, Venezuela’s oil refinery and merchandising business, was confiscated by the U.S. and given to fake president Juan Guaido. [jb] ‘The people will apply implacable justice to those who plotted this plunder against the Republic,’ VP Rodriguez said. On Monday, Venezuela[…]

The Next Aggression that the U.S. is Preparing against Venezuela

July 26, 2023 UNAC Editor International Aid and Debt, Sanctions and Economic Warfare, U.S. Aggression, US Government Action, Venezuela

from Mision Verdad, translated and published on Resumen English, July 21, 2023 This year, the legislative arm in Washington has introduced three bills in the U.S. Congress against Venezuela: the Prohibition of Transactions and Leases with Venezuela’s Illegitimate Authoritarian Regime Act, the Venezuelan Human Rights “AFFECT” Act and the Venezuelan Democracy Act. The bills have a common denominator: to further[…]

Venezuela: “The Theft of CITGO is the Robbery of the Century”

May 11, 2023 UNAC Editor Abuses of Empire, Colombia, Hybrid Warfare, Latin America, Multipolar World, Poverty, Sanctions and Economic Warfare, TradeWars, Venezuela

by Geraldina Colotti, published on Resumen English, May 6, 2023 There is much confusion about the selling off of Citgo; this article clarifies how this new form of lawfare is an escalation of the empire’s economic war against revolutionary Venezuela . – editorial/Resumen Venezuela is mobilizing against the U.S. decision to auction the shares of the parent company of the[…]

The Capitol Raid and Pandemic Can Help Us Empathize with Venezuelans

May 3, 2021 UNAC Editor Venezuela, War on the Poor, White Supremacy

by Leonardo Flores, published on Portside, April 24, 2021 I like this article for talking points. So many of the activities the US Government supports and creates in other countries are so disturbing. How would you feel is a good question if correctly framed. [JB] The January 6th raid on the Capitol and the pandemic that has upended the lives[…]

Venezuela’s CITGO in Danger as Maduro Seeks Debt Renegotiation

October 8, 2019 UNAC Editor Sanctions and Economic Warfare, Venezuela

From Venezuelanalysis.com, October 2, 2019 Edited and with additional reporting by Lucas Koerner from Philadelphia. Caracas – A US court has ruled that Canadian mining giant Crystallex can move forward in seizing assets from Venezuelan oil subsidiary CITGO. The World Bank’s international arbitration tribunal awarded Crystallex US $1.4 billion in compensation for the 2008 nationalization of Las Cristinas gold mine[…]

The Plot to Kill Venezuela

June 17, 2019 UNAC Editor Economic Blockade, Hybrid Warfare, Venezuela

by Vijay Prashad, Published on Salon.com, May 17, 2019 This article was produced by Globetrotter, a project of the Independent Media Institute. Hugo Chávez knew that Venezuela was very vulnerable. Its oil revenues account for 98 percent of its export earnings. Chávez was familiar with the thinking of Juan Pablo Pérez Alfonzo, Venezuela’s minister of mines and hydrocarbons in the[…]

U.S. Gears Up for War on Venezuela

March 8, 2019 UNAC Editor Latin America, Neocolonialism, Resistance, Venezuela

Photo: Feb. 19 protest in Santo Domingo, D.R., against U.S. intervention in Venezuela. (Photo: Tony Savino / Socialist Action) by Jeff Mackler and Bruce Lesnick, Published on Socialist Action, March 5, 2019 The relentless U.S. imperial beast has embarked on a full-scale, openly declared, bipartisan regime-change war aimed at overthrowing Venezuela’s democratically elected government headed by President Nicolás Maduro. Top[…]

Corporate Titans Target Venezuela

February 10, 2019 UNAC Editor Latin America, Socialism, U.S. Aggression, Venezuela

Venezuelans took to the streets in August 2017 in response to Trump’s comment that he would consider the “military option” against Venezuela. (Photo: PSUV) by John Lesnick, from Counterpunch, February 6, 2019 Ruling elites have united behind the Trump administration in its illegal, unjust and brutal attempt to meddle in the internal affairs of Venezuela. Democrats and Republicans alike have[…]

Venezuela’s Monetary Revolution Vis-a-Vis Economic Sanctions

August 21, 2018 UNAC Editor Sanctions and Economic Warfare, Venezuela

Venezuela’s President Nicolas Maduro holds a bank note of the new national currency, the ‘Bolivar Soberano‘ (Sovereign Bolivar). | Photo: Reuters by Nino Pagliccia, published on TeleSUR, August 8, 2018 Venezuela has undergone many challenges in the last 20 years since Hugo Chavez was elected president and continued after his death in 2013. The main reason is that Venezuela has[…]

Venezuela crisis intensifies with default

December 12, 2017 UNAC Editor Poverty and Sanctions

by Wayne Delucca. originally published on Socialist Action Credit agency Standard & Poor has ruled Venezuela in default after the country missed $237 million in scheduled bond payments. This comes amidst an economic crisis with official inflation around 4000% and price increases well over 1000%. President Nicolás Maduro’s attempt to restructure is hindered by sanctions that stop U.S. banks from[…]