TREASURY/VENEZUELA: “The U.S. Treasury Department will announce more sanctions on Thursday [11-9-17] against top Venezuelan officials, The Wall Street Journal reported, citing a U.S. Senate aide.
According to the aide, the sanctions against the top members of the Venezuelan government are linked to human rights abuses and corruption, the report said.
The new sanctions target several members of Venezuela’s newly appointed constituent assembly, an all-powerful body stacked with supporters of President Nicolas Maduro who were elected in a vote that the opposition had boycotted and said was rigged, the Journal said.
The U.S. Treasury was not immediately available for comment. The Venezuelan government could not be reached for comment.
The European Union was set to impose an arms embargo on Venezuela and would consider further sanctions in response to the political crisis, two EU diplomats said on Wednesday.
The United States in August imposed sanctions on eight Venezuelan officials for their role in creating the constituent assembly, made up entirely of allies of the ruling Socialist Party and armed with the power to rewrite the constitution.”
-Reuters Staff, “U.S. Treasury to announce more sanctions on Venezuelan officials: WSJ,” Reuters, Nov. 9, 2017 08:47am