July 25, 2024

The Case For Washington To Remove Sanctions On Venezuela

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It is Venezuela’s disintegration and the notable decay of state resources that has become the chief threat to Maduro’s position rather than U.S. sanctions, which only strengthened his grip on power. Recent events demonstrate that the accelerating collapse of the Venezuelan state poses a dire threat to regional stability with the impoverished country a haven for heavily armed non-state actors engaged in cocaine and weapons trafficking, environmentally damaging illegal gold mining, and terrorism. For those reasons, Washington must act before Venezuela completely unravels and becomes a fully-fledged failed state, leading to greater regional instability. By Matthew Smith. Full Text -> OilPrice

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