Tag: Nicolás Maduro

Venezuela Breaks a Promise to Biden
Business

Venezuela Breaks a Promise to Biden

Ronald Reagan said “trust but verify” when making deals with adversaries. Joe Biden’s variation on the theme, “trust and hope for the best,” is failing America’s friends. Latest example: Venezuela’s democratic opposition. At issue is the Biden Administration’s Oct. 18 decision to lift sanctions in exchange for promises by the regime in Caracas to allow a free and fair election in 2024. Two weeks later dictator Nicolás Maduro has already broken his word. Who would have thought?Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Venezuelan Court Suspends Results of Opposition Primary
World

Venezuelan Court Suspends Results of Opposition Primary

Updated Oct. 30, 2023 5:05 pm ETVenezuela’s highest court suspended the outcome of a primary that the opposition held to choose a presidential candidate, casting doubts over a deal that President Nicolás Maduro had reached with the Biden administration to pave the way for free and fair elections. The Supreme Court’s decision on Monday came after a series of public comments by Maduro and other high-ranking regime officials in recent days deeming the opposition’s Oct. 22 primary a fraud, though no evidence for the assertion was offered.  Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Venezuela’s Empty Election Deal – WSJ
Business

Venezuela’s Empty Election Deal – WSJ

Venezuela delivered its political agreement with the democratic opposition Tuesday and, no surprise, there’s little to it. There’s no release of political prisoners, no guarantee to restore the right of opposition candidates to run for president next year, and no way to ensure the independence of electoral institutions.Officials leaked to reporters Monday that the Biden Administration plans to use the deal to justify sanctions relief. But a Wednesday joint statement from the U.S., the European Union, the U.K. and Canada acknowledged that the document is merely “a necessary step in the continuation of an inclusive dialogue process and the restoration of democracy in Venezuela.” Translation: Talk, talk, talk. But Wednesday evening a senior U.S. official announced that the U.S. “is in the pr...
Deal Paving Way for Fair Elections in Venezuela Might Ease U.S. Oil Sanctions
World

Deal Paving Way for Fair Elections in Venezuela Might Ease U.S. Oil Sanctions

Updated Oct. 17, 2023 8:19 pm ETVenezuela’s authoritarian regime and opposition leaders agreed Tuesday to hold presidential elections next year, which could lead the U.S. to further ease sanctions and allow more oil-and-gas companies to operate in the South American country. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8