Has anyone been following the recent developments involving Venezuela?
Apparently, Venezuela lead by Nicolás Maduro have cut all diplomatic relations with the United States after Trump recognised the opposition leader Juan Guaidó as the new president of Venezuela after Guaidó claimed himself as president only two weeks after Maduro was sworn in for a second six-year term. In light of the crisis inside Venezuela, namely mass starvation, hyperinflation (1m%) and violence...
Venezuela was once the richest country in South America due to its huge natural oil reserves. Hugo Chávez installed a mirror socialist state based on the system installed by his friend, mentor and father-figure Fidel Castro in Cuba. This was initially very successful, but since the economic crash in 2008, the country rapidly declined due to this as well as the death of Hugo Chavez in 2013 leading to the socialist party nominating Nicolás Maduro.
This seems to be an issue the UK is being dragged into due to the bank of England recently blocking Maduro from accessing $1.2b worth of gold at the request of the US government.
Pompeo the US secretary of state earlier at the UN called Maduros regime in Venezuela an "illegitimate mafia state"
Another quote from Pompeo:
“Today nine out of ten citizens living in poverty. Millions lack access to drinking water and food," Pompeo said. "Three out of four hospitals have been abandoned. Three million Venezuelans have been forced to flee their homelands thereby flooding the region and threatening international peace and security.”
There is also some pushback from the international community, namely Russia and China disagreeing with the stance the US is taking, with Russia sending operatives to Venezuela in recent days.
It seems like a rapidly escalating issue that could snowball very quickly
PS. Before anyone says it, this is not an attack at socialist ideology.
Apparently, Venezuela lead by Nicolás Maduro have cut all diplomatic relations with the United States after Trump recognised the opposition leader Juan Guaidó as the new president of Venezuela after Guaidó claimed himself as president only two weeks after Maduro was sworn in for a second six-year term. In light of the crisis inside Venezuela, namely mass starvation, hyperinflation (1m%) and violence...
Venezuela was once the richest country in South America due to its huge natural oil reserves. Hugo Chávez installed a mirror socialist state based on the system installed by his friend, mentor and father-figure Fidel Castro in Cuba. This was initially very successful, but since the economic crash in 2008, the country rapidly declined due to this as well as the death of Hugo Chavez in 2013 leading to the socialist party nominating Nicolás Maduro.
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This seems to be an issue the UK is being dragged into due to the bank of England recently blocking Maduro from accessing $1.2b worth of gold at the request of the US government.
Pompeo the US secretary of state earlier at the UN called Maduros regime in Venezuela an "illegitimate mafia state"
Another quote from Pompeo:
“Today nine out of ten citizens living in poverty. Millions lack access to drinking water and food," Pompeo said. "Three out of four hospitals have been abandoned. Three million Venezuelans have been forced to flee their homelands thereby flooding the region and threatening international peace and security.”
There is also some pushback from the international community, namely Russia and China disagreeing with the stance the US is taking, with Russia sending operatives to Venezuela in recent days.
It seems like a rapidly escalating issue that could snowball very quickly
PS. Before anyone says it, this is not an attack at socialist ideology.