US sanctions against Venezuela

The US Once Again Fails To Impose Its Will On The Venezuelan People

January 12, 2025 Manolo De Los Santos, People's Dispatch. Resist! 2024 Venezuelan elections, Bolivarian Revolution, Edmundo González Urrutia, Nicolas Maduro, US Imperialism, US sanctions against Venezuela, Venezuela

On Friday, January 10, in Caracas, Nicolás Maduro was sworn in as the President of the Bolivarian Republic of Venezuela for a third term (2025-2031). Hours later, about 587 miles away in Santo Domingo, Dominican Republic, the failed candidate of the far-right opposition, Edmundo González, a self-proclaimed commander-in-chief, issued a message on social media ordering Venezuela’s military high command to “disregard the illegal orders given by those who have seized power.” Just last Thursday, in the Dominican Republic, flanked by a group of right-wing former Latin American presidents, González announced his intention to take possession of the presidency in Caracas.

What’s At Stake With Maduro’s Inauguration In Venezuela

January 10, 2025 Stephanie Weatherbee Brito and Vivian Fernandes, People's Dispatch. Create! 2024 Venezuelan elections, Chavismo, Edmundo González Urrutia, Nicolas Maduro, US Imperialism, US sanctions against Venezuela, Venezuela, Venezuelan opposition

January 10 is a crucial day for Venezuela: the inauguration of Nicolás Maduro as President, after having been re-elected with 52% of the votes on July 28. This act not only marks the continuity of the Bolivarian Revolution, but also reflects the commitment of the Venezuelan people to the construction of a socialist model and in resistance to the aggression of US imperialism and the oligarchic elites. The Venezuelan reactionary sectors, supported by the US and its allies, have tried to destabilize the country on multiple occasions and once again now, with the defeated candidate Edmundo González self-proclaiming himself the winner and declaring that he will take office as president on the 10th.

The Venezuelan People Stay With The Bolivarian Revolution

July 31, 2024 Vijay Prashad, People's Dispatch. Resist! Bolivarian Process, Bolivarian Revolution, Europe, Nicolas Maduro, Sanctions, US Imperialism, US sanctions against Venezuela, Venezuela

On July 28, the 70th birthday of Hugo Chávez (1954-2013), Nicolás Maduro Moros won the Venezuelan presidential election, the fifth since the Bolivarian Constitution was ratified in 1999. In January 2025, Maduro will start his third six-year term as president. He took over the reins of the Bolivarian Revolution after the death of Chávez from pelvic cancer in 2013. Since the death of Chávez, Maduro has faced several challenges: to build his own legitimacy as president in the place of a charismatic man who came to define the Bolivarian Revolution; to tackle the collapse of oil prices in mid-2014, which negatively impacted Venezuela’s state revenues (over 90% of which was from oil exports); and to manage a response to the unilateral, illegal sanctions deepened on Venezuela by the United States as oil prices declined.

Venezuela Edges Closer To Losing CITGO As Corporations Submit Offers

June 21, 2024 Ricardo Vaz, People's Dispatch. Educate! CITGO, ConocoPhillips, Juan Guaido, Sanctions, Sanctions against Venezuela, US Imperialism, US Sanctions, US sanctions against Venezuela, US Treasury Department, Venezuela, Venezuelan opposition

The second and final round of bidding in a court-mandated auction of Venezuela’s US-based oil subsidiary CITGO has concluded. Several corporations submitted binding offers by a June 11 deadline as part of a process organized by a Delaware District Court to satisfy a number of claims against the Caribbean nation totaling US USD 21.3 billion. In October 2022, Judge Leonard P. Stark set in motion the sale of shares belonging to PDV Holding (PDVH), CITGO’s parent company. The process was brought forward by Canadian miner Crystallex. The auction procedure will pay 18 creditors, which are looking to collect on international arbitration awards on a “first come, first serve basis,” based on when the court approved their writs.

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