For the past five years, the U.S. has, with little success, tried to remove Venezuela after President Nicolas Maduro.
White House press secretary Jen Psaki said Wednesday that it was an encouraging sign that Maduro decided to return to negotiations in Mexico with his opponents. But neither she nor anyone else in the administration would say how the U.S. would reciprocate, if at all.
Instead, masked security officers bearing assault rifles burst into a conference room and arrested the men. Later they were sentenced on corruption charges stemming from a never-executed plan to refinance some $4 billion in Citgo bonds by offering a 50% stake in the company as collateral., said his imprisonment of more than four years “has caused a lot of suffering and pain, much more than I can explain with my words.
Among the options available to the U.S. is allowing Chevron — the last remaining American oil company in Venezuela — to boost production and possibly resume oil exports to Gulf Coast refineries tailor made to process the country’s tar-like crude, a U.S. official said prior to the weekend’s shuttle diplomacy. Under U.S. sanctions, Chevron is banned from negotiating with Maduro and doing all but basic upkeep on wells it operates in connection with PDVSA.
Opposition hardliners, as well as their allies in the U.S., have started to chastise Biden for abandoning a multilateral policy of isolating Maduro.
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