Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Venezuela’s Maduro lashes out at ‘insolent’ US sanctions
Riot police and opposition demonstrators clash during an anti-government protest in Caracas, on July 26, 2017. Venezuelans blocked off deserted streets Wednesday as a 48-hour opposition-led general strike aimed at thwarting embattled President Nicolas Maduro's controversial plans to rewrite the country's constitution got underway. (Photo: AFP)
Latest News, News
July 25, 2017

Venezuela’s Maduro lashes out at ‘insolent’ US sanctions

CARACAS, Venezuela (AFP) — Venezuelan President Nicolas Maduro branded US sanctions levelled at his regime on Wednesday as “insolent,” as pressure piled up on him abroad and at home over his controversial plan to elect a new body to rewrite the constitution.

The US measures came as Venezuela’s opposition began a two-day nationwide strike aimed at ousting the president through early elections.

The deadliness of four months of violent anti-Maduro protests was further confirmed with the death of a 30-year-old man in a demonstration in the west of the country. That added to a death toll that has already surpassed 100.

In Washington, the US Treasury unveiled a list of 13 current and former officials, including the interior minister, senior military brass, the president of the electoral council, and the finance chief of state oil company PDVSA, whose US assets would be frozen.

The opposition and US moves are to force Maduro to give up his plan to have a 545-member “Constituent Assembly” elected on Sunday.

Critics say the body is a step towards a dictatorship, by bypassing or dissolving the opposition-held National Assembly.

Maduro called the US punishment “illegal, insolent and unprecedented.”

“Who do these imperialists in the United States think they are? The government of the world?” he said in a speech.

But in his country, where there are widespread shortages of basic goods and soaring inflation, protesters are showing their discontent with Maduro’s leadership.

“No more dictatorship!” read signs on road barricades in eastern Caracas.

– Maduro defiant –

Maduro accuses the US of fomenting the unrest against him and his government, with the help of the conservative opposition.

The Venezuelan military has declared its loyalty to him.

But some 70 per cent of Venezuelans are opposed to the Constituent Assembly, according to polling firm Datanalisis.

The hardening political struggle has deepened fears that months of street violence could worsen.

The opposition has planned another major demonstration in the capital on Friday.

Thousands of Venezuelans loaded with heavy bags have crossed the border into Colombia this week, fleeing the unrest.

“The elections are on Sunday and we really don’t know what will happen,” said one, Maria de los Angeles Pichardo, who left with her husband and son. “To be safe, we prefer to cross.”

Ordinary Venezuelans remaining in their country believe ousting Maduro is their only hope for survival.

“Every time we’re worse off, with long lines and shortages. I think I’ll strike for 48 hours,” said one Caracas resident, Maria Auxiliadora.

Prominent opposition leader Leopoldo Lopez made a direct appeal to the military early Wednesday to withdraw its support from Maduro’s plan, which he called a “constitutional fraud” aimed at eliminating democratic rule.

– Economic crisis –

In announcing the US sanctions, Treasury Secretary Steven Mnuchin said America was “standing by the Venezuelan people in their quest to restore their country to a full and prosperous democracy.”

He warned that anybody elected to the Constituent Assembly could also be slapped with US sanctions.

Thirteen countries in the 35-member Organization of American States, a regional political bloc, urged Maduro to suspend Sunday’s election.

Nations including Argentina, Brazil, Mexico, the United States and Canada said the vote amounted to a “dismantling of democratic institutionality.”

Venezuela’s opposition, bolstered by an unofficial vote on July 16 that saw a third of the electorate reject Maduro’s plan, has called for a boycott of Sunday’s vote.

The president’s attorney general, Luisa Ortega, has also broken ranks with the government over the issue and become a vociferous opponent.

At the same time, Maduro’s administration is being squeezed by a long-running economic crisis.

The oil export-dependent economy will shrink 12 per cent this year, after a contraction of 18 percent last year, according to the latest forecast from the International Monetary Fund.

Inflation is projected to top 720 per cent.

Venezuela’s currency reserves have dwindled to under US$10 billion as the government keeps up debt repayments at the expense of imports to stave off a crippling default.

The opposition-led National Assembly, meanwhile, has challenged the government by appointing 33 supreme court judges to rival ones loyal to Maduro.

Three of the “shadow” judges have been arrested in the past few days by Venezuelan intelligence officials.

Adding to Venezuela’s isolation, a major Latin American airline, Avianca of Colombia, said it would stop flights to and from Venezuela in mid-August.

Several other airlines have previously announced flight suspensions as currency controls imposed by Maduro’s government have kept them from recovering costs or making a profit.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

CVM marketing head Andrew Brown departs
Business, Latest News
CVM marketing head Andrew Brown departs
June 2, 2025
CVM TV’s head of marketing, Andrew Brown has departed the media company after three years in the role, closing a chapter marked by bold brand transfor...
{"jamaica-observer":"Jamaica Observer"}
Vybz Kartel continues to sing praises on new single ‘Glory of Jesus’
Entertainment, Latest News
Vybz Kartel continues to sing praises on new single ‘Glory of Jesus’
BY SHEREITA GRIZZLE Observer staff reporter grizzles@jamaicaobserver.com 
June 2, 2025
KINGSTON, Jamaica — Steering clear of controversy after recently pulling the plug on his long-awaited appearance in Trinidad, Vybz Kartel has released...
{"jamaica-observer":"Jamaica Observer"}
Fitz-Henley dismisses PNP complaint against PM as ‘nonsense’
Latest News, News
Fitz-Henley dismisses PNP complaint against PM as ‘nonsense’
June 2, 2025
KINGSTON, Jamaica — Senator Abka Fitz-Henley has dismissed a complaint filed by the People’s National Party (PNP) with the Political Ombudsman regardi...
{"jamaica-observer":"Jamaica Observer"}
PNP files complaint against Holness over ‘breaches’ of Political Code of Conduct
Latest News, News
PNP files complaint against Holness over ‘breaches’ of Political Code of Conduct
June 2, 2025
KINGSTON, Jamaica — The People’s National Party (PNP) has submitted a formal complaint to the Political Ombudsman, citing six breaches of the Politica...
{"jamaica-observer":"Jamaica Observer"}
Fitz-Henley condemns PNP protest over Chung’s appointment
Latest News, News
Fitz-Henley condemns PNP protest over Chung’s appointment
June 2, 2025
KINGSTON, Jamaica — Senator Abka Fitz-Henley has strongly condemned the People’s National Party (PNP) for its protest against the appointment of Denni...
{"jamaica-observer":"Jamaica Observer"}
Forex: $160.10 to one US dollar
Latest News
Forex: $160.10 to one US dollar
June 2, 2025
KINGSTON, Jamaica — The US dollar on Monday, June 2, ended trading at $160.10, down by 2 cents, according to the Bank of Jamaica’s daily exchange trad...
{"jamaica-observer":"Jamaica Observer"}
Black Stars, King FA to clash in St Ann Major League final
Football, Latest News, Sports
Black Stars, King FA to clash in St Ann Major League final
June 2, 2025
ST ANN, Jamaica — Unbeaten Black Stars and King FA will meet in the final of the St Ann Football Association Major League on Thursday after contrastin...
{"jamaica-observer":"Jamaica Observer"}
Jamaica invites fellow PAHO members to join wellness journey
Latest News, News
Jamaica invites fellow PAHO members to join wellness journey
June 2, 2025
KINGSTON, Jamaica — Jamaica has invited fellow members of the Pan American Health Organization (PAHO) to join the country on its wellness journey. The...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct