Venezuela is a country located to the north of South America, whose main economic support lies in the production of oil. However, beyond being one of the countries with the largest oil reserves, it has been a news focus since the last years because of the Critical situation that its citizens constantly denounce. Cases of corruption and humanitarian measures are what Venezuelans have been demanding from international organizations and countries with major influences, like the United States of America has paid special attention to its crisis.
The U.S. imposed its first economic penalties against Venezuela on Friday, hitting the South American country's financial sector in an attempt to starve President Nicolás Maduro's government of cash.
The Trump administration banned trades of Venezuelan debt, prohibiting Maduro's government and its state-run oil company, Petróleos de Venezuela SA, from selling new bonds to Americans or in U.S. financial institutions. President Donald Trump signed an executive order approving the sanctions Thursday.
"In an effort to preserve itself, the Maduro dictatorship rewards and enriches corrupt officials in the ogvernment's security apparatus by burdening future generations of Venezuelans with massively expensive debts," Press Secretary Sarah Huckabee Sanders said in a statement.
Fuente: wlrn.org
