Powered by

In slap at Maduro, US freezes Venezuela's government assets

Aug 06, 2019 - Associated Press Financial Wire

WASHINGTON (AP) - The Trump administration has frozen all Venezuelan government assets in a dramatic escalation of tensions with Nicolás Maduro.

The ban places Maduro's socialist administration alongside a short list of adversaries from Cuba, North Korea, Syria and Iran that have been targeted by such aggressive U.S. actions.

The ban blocks American companies and individuals from doing business with Maduro's government and its top supporters. It came Monday night as an executive ord...