bitcoin and litecoin 1xbet
Business News

US blocks assets of Venezuela’s Central Bank in new sanctions

President Maduro: US blocks assets of Central Bank of Venezuela

The United States on Wednesday said it would forbid all Americans’ dealings with the Central Bank of Venezuela and also block any US assets of the the bank, as well as its director, Iliana Josefa Ruzza Teran.

America alleged that the bank was being used as key conduits for funding Maduro’s government.

The sanctions were the latest efforts by the US to strangle President Nicolas Maduro’s cash flow.

In a hard-hitting speech in Miami largely devoted to Cuba, National Security Advisor John Bolton also unveiled measures against a third leftist government in Latin America, Nicaragua, with sanctions against President Daniel Ortega’s son.

“Treasury is designating the Central Bank of Venezuela to prevent it from being used as a tool of the illegitimate Maduro regime, which continues to plunder Venezuelan assets and exploit government institutions to enrich corrupt insiders,” Treasury Secretary Steven Mnuchin said in a statement that accompanied Bolton’s speech.

The Treasury Department said it had taken precautions to ensure that ordinary Venezuelans can use debit and credit cards, even with the blacklisting of the central bank.

Bolton also announced action against Laureano Ortega Murillo, the son of Nicaragua’s leftist leader and Rosario Murillo, who is both vice president and first lady.

The Treasury Department accused the younger Ortega of “corrupt business deals” with foreign investors and of using the Nicaragua Grand Canal project — a long-running bid to build a rival to the Panama Canal — as a way to launder money.

Let’s block ads! (Why?)

Choose Which Assets to Trade

Bitcoin Market Price Chart in RealTime

Source: NAN


Get News Update Daily - It is Your Right

Most Trending News On Sleekarena

Frankie Bridge flaunts her athletic physique as she celebrates her belated 30th birthday

Cannes 2019: Ngoc Trinh leaves nothing to imagination in festival’s most revealing look

Katharine McPhee, 35, goes bra-less in unbuttoned blouse at Beverly Hills gala with David Foster, 69

Patti Smith Headlines Museum of Contemporary Art 40th Anniversary Benefit

Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – May 20

Buy or Sell Bitcoin and Litecoin
To Top