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submitted 10 months ago by MicroWave@lemmy.world to c/world@lemmy.world

The US has reimposed economic sanctions against a Venezuelan state-owned mining company and says it could go on to reimpose further sanctions on the country’s oil and gas sector after Venezuela’s Supreme Court barred main opposition candidate Maria Corina Machado from running for president last week.

The US Treasury on Monday revoked General License 43, which had authorized dealings with mining conglomerate CVG-Minerven. The Treasury said US companies have until February 13 to wind down transactions that were previously authorized by that license.

While US economic sanctions against the mining company are unlikely to cause significant damage to the Venezuelan economy, the US State Department has crucially signaled it intends to renew oil and gas sanctions from April 18, if there’s no progress between Venezuela’s authoritarian president Nicolas Maduro and the opposition “particularly on allowing all presidential candidates to compete in this year’s elections,” it said in a statement.

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[-] rockSlayer@lemmy.world 35 points 10 months ago

She wants to privatize huge swathes of the Venezuelan government and wants a Milei style capitalist "shock therapy". She's on record not only stating that helping poor people is bad, but defends the statement. She'd make a bad situation for the Venezuelan people far, far worse. Of fucking course she should be barred from running. The US should stop intervening in South America.

[-] quindraco@lemm.ee 41 points 10 months ago

Barring people from running because you dislike their platform is as fascist as it gets.

[-] rockSlayer@lemmy.world 15 points 10 months ago

Should Trump be barred from running?

[-] twistypencil@lemmy.world 37 points 10 months ago

Yes, because he violated his oath of office

[-] eskimofry@lemmy.world 11 points 10 months ago

And that includes upholding the constitution. Not helping poor people kind of violates that in spirit right?

[-] bluGill@kbin.social 8 points 10 months ago

Many believe that your so called help for the poor makes things worse for the poor in the long run. You don't have to agree with their position, but you need to accept that they are reasonable people looking at facts and coming up with a different interpretation.

[-] matcha_addict@lemy.lol 5 points 10 months ago

helping the poor actually harms the poor

That's supposed to be a reasonable argument worth entertaining? By that logic, trump violated the Constitution to protect! Do we have to accept that as a reasonable position too, even if we don't agree?

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[-] rockSlayer@lemmy.world 8 points 10 months ago

Ok. So here's the situation then. In the US, a person that shouldn't be eligible for candidacy is not only running, but leading the Republican primary. In Venezuela, a person that would similarly harm their country is banned from running.

[-] No_Ones_Slick_Like_Gaston@lemmy.world 23 points 10 months ago* (last edited 10 months ago)

She is barred from office because the Venezuelan supreme court is the legal arm of Nicolas Maduro's Regime. On the other side IQ45 attempted a coup and that makes him ineligible to hold office.

[-] eskimofry@lemmy.world 16 points 10 months ago

Fix your own stupid supreme courts first before meddling in Latin America.

We can't fix for what we can't vote in either country. Neither Venezuela or the US of A has a method, limits or guardrails to what these people could do. Also, not a fan of this concept where if the US fix the Supreme Court can meddle anywhere in the world, that view is colonialist AF.

[-] Shyfer@ttrpg.network 4 points 10 months ago

Now they're going to make Venezuela people poorer for not fixing problems we can't even fix in our damn country? It seems hypocritical. Hell, people should sanction us for allowing a fascist insirrectiomist run for President against the law ofnour Constitution. That's way worse for the world.

[-] rockSlayer@lemmy.world 6 points 10 months ago

I'm not saying I support Moduro, only that I think this is a decision that will protect the most vulnerable people from aggressive and brutal privatization. There are some pretty good parties in the opposition, but Come Venezuela should not be allowed. It would be disastrous for an already struggling country.

[-] matcha_addict@lemy.lol 4 points 10 months ago

You sound exactly like a Trump supporter talking about "the establishment"

[-] Wodge@lemmy.world 20 points 10 months ago

Well not only does he have shitty policies, he did also attempt a coup. Which is why he should be barred from running.

Stop attempting the false equivalence, it's not working.

[-] Shyfer@ttrpg.network 5 points 10 months ago* (last edited 10 months ago)

Her party tried to rob a military arsenal, she was charged with a conspiracy and corruption, and so she can't run. It went through their courts. It all seems legal, considering people in the US can't run for similar reasons. It might be corrupt, idk, but the US doesn't have a leg to stand on with corrupt courts. Why sanction other countries, which always affects the regular citizens, for this stuff we can't even figure out ourselves?

[-] NovaPrime@lemmy.ml 13 points 10 months ago

Yes, because he's a traitor, fraud, and criminal. Your question is not quite the gotcha you think it is.

[-] rockSlayer@lemmy.world 6 points 10 months ago

It wasn't intended as a gotcha. I wanted a baseline to know whether the conversation was worth continuing.

[-] matcha_addict@lemy.lol 4 points 10 months ago

You literally just proved it is exactly the gotcha you think it is lol

[-] gedaliyah@lemmy.world 3 points 10 months ago

Yes, because he has been impeached and indicted multiple times for charges related to violations of the oath of office of the presidency.

What are Machado's crimes that she should be barred?

[-] rockSlayer@lemmy.world 8 points 10 months ago

I don't think a democratic process should be limited to only banning people that broke the law. Someone that intentionally wants to harm people through excessive austerity like Machado and Milei shouldn't be able to run.

Remember, Hitler was elected. If a democratic process can't stop a person like that from running, then the democratic process is failed.

[-] NOT_RICK@lemmy.world 9 points 10 months ago

This all sounds nice until you realize that a system like this would be easily abused. “I’m sorry, but the one candidate that actually stands a chance against me is banned because the courts full of judges I appointed has determined that their policies are harmful.”

Who gets to be the arbiter of what policies are acceptable and what are not? Let the voters decide for themselves.

[-] rockSlayer@lemmy.world 7 points 10 months ago

The system can be made robust though. Implementation is also important, and I'm just one person so I'm not going create that framework for an Internet discussion. The question that the framework should rely on power: is the candidate advocating for a distribution of power, or a centralization of power? Privatization seeks to centralize power, for example.

[-] NOT_RICK@lemmy.world 2 points 10 months ago

State capitalism also centralizes power. It’s just centralized with the government instead of a monied class. I don’t think that’s necessarily a problem if there is a robust electoral system and a low level of corruption but I feel based upon everything I’ve read about Venezuela that they’re lacking in both.

[-] rockSlayer@lemmy.world 4 points 10 months ago

The conversation drifted to theory rather than current conditions, so I chose to go in the direction of my idealized version of what this framework would look like. You're right, as an ML nation there is still a centralization of power in Venezuela. I don't have the answers for Venezuela, only the people of Venezuela do. However, I think the court made the right decision on behalf of the people, even if I disagree with the undemocratic nature of their courts.

[-] gedaliyah@lemmy.world 4 points 10 months ago

Okay, so you don't believe in democracy.

[-] rockSlayer@lemmy.world 6 points 10 months ago

I can make reductionist arguments too:

Okay, so you believe it was a good thing that Hitler was elected.

[-] Shyfer@ttrpg.network 5 points 10 months ago* (last edited 10 months ago)

From what I can tell, conspiracy (against the government), inciting violent protests, and corruption. It's weird they don't say it in the article. But she says the protests were supposed to be peaceful and some of the conspiracy evidence was faked, which it might be, idk, I wasn't in the court room.

But considering the US is still doing shit like this, I could see why they have to be paranoid.

[-] matcha_addict@lemy.lol 9 points 10 months ago

What definition of fascism is it that prevents fascists from running for president?

[-] Xin_shill@lemm.ee 2 points 10 months ago

There is no need to be tolerant of the intolerant. They don’t abide by the social contract and don’t reap the benefits of it.

[-] njm1314@lemmy.world 14 points 10 months ago

Oh yeah more sanctions for trouble areas. Surely this will help our immigration problem

[-] matcha_addict@lemy.lol 2 points 10 months ago

What immigration problem?

[-] matcha_addict@lemy.lol 8 points 10 months ago

Oh, you're a victim of a government we deem undemocratic? We'll further suffocate you economically then!

[-] metapod@lemm.ee 6 points 10 months ago

Sanctions should be recognized as a crime against humanity.

[-] psychothumbs@lemmy.world 7 points 10 months ago

I don't think they should have barred Machado from running, but I also don't think the US should sanction them over it. American meddling never improves this sort of situation, especially when in the form of hurting a country's economy.

[-] autotldr@lemmings.world 3 points 10 months ago

This is the best summary I could come up with:


Venezuela’s Vice President Delcy Rodríguez described the move as “blackmail” on Tuesday, warning that Caracas would stop cooperating in repatriation flights for Venezuelan migrants from the US if Washington’s “economic aggression” intensifies.

In October, the Biden administration lifted general economic sanctions targeting Venezuela’s mining and oil industries, in support of an agreement struck in Barbados between Maduro and the opposition to hold free and fair elections in 2024.

Earlier on Monday, White House’s spokesperson John Kirby had said Maduro had until April to return to the negotiating table and commit to what was agreed last year, including holding free elections where all candidates are allowed to run, or sanctions could be reimposed.

It also has the potential to impact the US domestic gas market because several US companies, including Chevron, operate in Venezuela and Venezuelan crude is regularly exported to refineries in the US Gulf Coast, data from the US Energy Information Administration show.

In an interview with CNN’s Isa Soares on Tuesday, Machado warned millions more Venezuelans could flee the country if Maduro doesn’t comply with commitments to hold free elections.

Machado also commented on Rodríguez’s warning that Venezuela could stop cooperating on repatriation flights, saying, “You can imagine that it breaks my heart to see our people being used in such a hard and unlawful way.


The original article contains 555 words, the summary contains 218 words. Saved 61%. I'm a bot and I'm open source!

[-] gedaliyah@lemmy.world 9 points 10 months ago

How long can Maduro continue to starve his people and threaten his neighbors before the world steps in and does something?

[-] Zehzin@lemmy.world 15 points 10 months ago

Ah, the good ol "spreading of democracy" in an oil rich country. A true classic.

[-] apfelwoiSchoppen@lemmy.world 13 points 10 months ago

How many times must the US interfere with countries and elections in the global south before people realize that these types of articles suggesting war, coups, and sanctions are just puppeting US State propaganda?

[-] NOT_RICK@lemmy.world 7 points 10 months ago

What kind of election is it when anyone with a chance of beating Maduro is conveniently banned from running? The US has an abysmal record in south and Central America but that doesn’t change the fact that Maduro is an autocrat.

[-] apfelwoiSchoppen@lemmy.world 4 points 10 months ago

Perhaps he is an autocrat, but let the Venezuelans sort it out and stop intervening by coups or starving the whole country.

[-] NOT_RICK@lemmy.world 4 points 10 months ago

I would like them to be able to sort it out themselves by allowing them to vote for whomever they want which is the issue with barring a candidate that hasn’t done anything wrong other than having the wrong policy platform as determined by those that already hold power.

On the subject of US sanctions, they don’t apply to food, agricultural commodities, and medicine. Nations have a right to decide whom they allow trade with; it’s certainly preferable to coups which never seem to pan out well for anyone.

[-] gedaliyah@lemmy.world 5 points 10 months ago

I spend a lot of time in Colombia and see the years-long stream of refugees from Venezuela who are starving and are suffering. Don't ask me to look into their eyes and tell them it's just propaganda.

In this case, the South American leader is the one doing the warmongering.

[-] apfelwoiSchoppen@lemmy.world 8 points 10 months ago

Starvation and suffering is terrible. This is the result of sanctioning from the US and its western allies. None of this is happening in a vacuum.

[-] Shyfer@ttrpg.network 4 points 10 months ago

You realize they've been sanctioned to shit for decades by the US, right? That makes them extremely vulnerable to price changes to oil, their basically only economic export. They probably should be diversifying more, though.

[-] psychothumbs@lemmy.world 8 points 10 months ago

This is in very poor taste as a comment on an article about the US increasing sanctions that really will make Venezuelans go hungry.

this post was submitted on 01 Feb 2024
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