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'It will not work': experts question Venezuela sanctions as Bolton touts them
Source: The Guardian
'It will not work': experts question Venezuela sanctions as Bolton touts them
Bolton claimed Trump’s measures will help end Maduro’s reign, but some fear they will make Venezuela’s economic meltdown worse
Tom Phillips Latin America correspondent and Dan Collyns in Lima
Tue 6 Aug 2019 19.08 BST Last modified on Tue 6 Aug 2019 20.14 BST
US national security adviser, John Bolton, has insisted Venezuela’s “tired dictator” was at “the end of his rope”, as he opened another front in the White House’s economic blitz on Nicolás Maduro by freezing all Venezuelan government assets in the United States.
Addressing a summit on Venezuela’s crisis in Peru’s capital, Lima, Bolton pronounced Maduro’s “dying regime” doomed – even though a seven-month US-backed campaign has so far failed to topple Hugo Chávez’s authoritarian successor.
Bolton claimed Donald Trump’s latest moves – which will also see those who do business with Maduro’s government sanctioned – would help end “Maduro’s tyrannical reign”.
“The time for dialogue is over. Now is the time for action,” Bolton declared, spurning Norway-sponsored negotiations that have been taking place between representatives of Maduro and his US-backed challenger, Juan Guaidó.
But experts questioned the impact and wisdom of the measures, which Maduro’s administration and its Russian backers branded “economic terrorism”.
-snip-
Bolton claimed Trump’s measures will help end Maduro’s reign, but some fear they will make Venezuela’s economic meltdown worse
Tom Phillips Latin America correspondent and Dan Collyns in Lima
Tue 6 Aug 2019 19.08 BST Last modified on Tue 6 Aug 2019 20.14 BST
US national security adviser, John Bolton, has insisted Venezuela’s “tired dictator” was at “the end of his rope”, as he opened another front in the White House’s economic blitz on Nicolás Maduro by freezing all Venezuelan government assets in the United States.
Addressing a summit on Venezuela’s crisis in Peru’s capital, Lima, Bolton pronounced Maduro’s “dying regime” doomed – even though a seven-month US-backed campaign has so far failed to topple Hugo Chávez’s authoritarian successor.
Bolton claimed Donald Trump’s latest moves – which will also see those who do business with Maduro’s government sanctioned – would help end “Maduro’s tyrannical reign”.
“The time for dialogue is over. Now is the time for action,” Bolton declared, spurning Norway-sponsored negotiations that have been taking place between representatives of Maduro and his US-backed challenger, Juan Guaidó.
But experts questioned the impact and wisdom of the measures, which Maduro’s administration and its Russian backers branded “economic terrorism”.
-snip-
Read more: https://www.theguardian.com/world/2019/aug/06/it-will-not-work-experts-question-venezuela-sanctions-as-bolton-touts-them