Economics
U.S. May Consider New Venezuela Sanctions as Crisis Deepens
- Announcement came after Presdient Maduro accused of power grab
- Anti-government protests over past month have left 30 dead
Why Venezuela's Many Crises Keep Getting Worse
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The U.S. may consider new sanctions against Venezuela in response to President Nicolas Maduro’s announcement that he will seek to rewrite his country’s constitution.
The Venezuelan government has “decided once again to change the rules of the game in mid-play,” Michael Fitzpatrick, U.S. deputy assistant secretary for Western Hemisphere Affairs, said Tuesday on a reporter call. “The actions that were taken yesterday may well give us new reasons for considering additional individualized sanctions under the Venezuela Democracy Act of 2014."