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Economy
In reply to the discussion: STOCK MARKET WATCH -- Thursday, 20 November 2014 [View all]xchrom
(108,903 posts)11. White House To Back Sanctions Against Venezuela
http://www.businessinsider.com/r-obama-administration-would-back-sanctions-against-venezuela-official-2014-11
WASHINGTON (Reuters) - The Obama administration would like to work with the U.S. Congress to impose sanctions on Venezuela in response to a crackdown on anti-government protests, President Barack Obama's deputy national security adviser told lawmakers on Wednesday.
Tony Blinken, who is Obama's choice to be deputy secretary of state, said Washington had refrained from pushing for sanctions in the past few months to allow diplomatic efforts by some Latin American countries to secure the release of opposition leaders from jail and nudge Caracas toward electoral reform.
But those efforts have failed, Blinken told the Senate Foreign Relations Committee at his nomination hearing. "We would not oppose moving forward with additional sanctions," he said.
In July, Washington barred a group of Venezuelan officials, including government ministers and presidential advisers, from the United States after accusing them of abuses in the crackdown on protests against President Nicolas Maduro this spring.
Read more: http://www.businessinsider.com/r-obama-administration-would-back-sanctions-against-venezuela-official-2014-11#ixzz3JbmPgfY2
WASHINGTON (Reuters) - The Obama administration would like to work with the U.S. Congress to impose sanctions on Venezuela in response to a crackdown on anti-government protests, President Barack Obama's deputy national security adviser told lawmakers on Wednesday.
Tony Blinken, who is Obama's choice to be deputy secretary of state, said Washington had refrained from pushing for sanctions in the past few months to allow diplomatic efforts by some Latin American countries to secure the release of opposition leaders from jail and nudge Caracas toward electoral reform.
But those efforts have failed, Blinken told the Senate Foreign Relations Committee at his nomination hearing. "We would not oppose moving forward with additional sanctions," he said.
In July, Washington barred a group of Venezuelan officials, including government ministers and presidential advisers, from the United States after accusing them of abuses in the crackdown on protests against President Nicolas Maduro this spring.
Read more: http://www.businessinsider.com/r-obama-administration-would-back-sanctions-against-venezuela-official-2014-11#ixzz3JbmPgfY2
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