• 18 hours Even Banks Can't Answer Aramco's Trillion Dollar Question
  • 1 day Will Bezos Buy The Seattle Seahawks?
  • 2 days 6 Tech Trends Transforming The Travel Industry
  • 2 days Ousted Uber CEO Cashes Out $500 Million In Stock
  • 3 days Trump Prepares For Another Key Tariff Decision
  • 3 days The Free Money Bubble Is About To Burst
  • 3 days The Crushing Reality Of Poverty In America
  • 4 days Should You Buy Into The World’s Largest IPO?
  • 4 days The Infinite Possibilities Of Cosmic Energy
  • 4 days Analysts Link Walking To Economic Growth
  • 6 days Will Japan Turn Its Back On The Aramco IPO?
  • 7 days Global Debt Soars To $188 Trillion
  • 7 days The World's Largest Gold Miners Are Getting Creative
  • 7 days Twitter: The Saudi Spy Tool To Bring Down Dissidents
  • 8 days Broad Commodity Funds Don’t Give Enough Exposure To Gold
  • 8 days Here We Go Again: Another Giant Telecoms Mega-Merger
  • 9 days World's Largest Gold Miner Sees Profits Triple
  • 9 days Microsoft Japan Trials 4 Day Work Weeks, Productivity Soars By 40%
  • 10 days Hedge Funds Lose $4 Billion In Four Days As California Wildfires Rage On
  • 10 days New Viral App May Be A National Security Threat In Disguise
Global Debt Soars To $188 Trillion

Global Debt Soars To $188 Trillion

The world is now 188…

Will Bezos Buy The Seattle Seahawks?

Will Bezos Buy The Seattle Seahawks?

While it appears that giant…

Trump Prepares For Another Key Tariff Decision

Trump Prepares For Another Key Tariff Decision

President Trump’s deadline to impose…

  1. Home
  2. News
  3. Breaking News

Trump Weighs Full Economic Blockade On Venezuela

Trump

How much more US "pressure" can be brought to bear on Venezuela after Washington early this year went so far as to back a failed military coup attempt? Perhaps the Syria treatment: after covert war comes the long "blockade" and economic squeeze precipitating total societal collapse. Perhaps this is what the White House now has in mind after mainstream media attention on Venezuela and its 'alt-president' Juan Guaido has dropped off a cliff, via Reuters

U.S. President Donald Trump said on Thursday he was considering a quarantine or blockade of Venezuela, as the United States steps up pressure on President Nicolas Maduro to relinquish power.

Is this in addition to the near total oil blockade on state-owned PDVSA? No details were given in the Thursday statement in terms of what such a "quarantine" or "blockade" would look like. 

US-China trade talks resumed

However, an interesting reference to powerful external backers of the Maduro government was made, bringing up the possibility of a "proxy war" situation developing, as we've discussed previously. Reuters continued

Asked by a reporter whether he was considering such a measure, given the amount of involvement by China and Iran in Venezuela, Trump said: “Yes, I am.” He gave no details.

And there it is. While confirmation has remained murky, over the past months there's been widespread reports of Chinese and Russian military advisers working with the Venezuelan national forces. 

Many observers, however, consider recent Trump administration claims of a deep and extensive Hezbollah presence inside the Latin American socialist country a stretch. Secretary of State Mike Pompeo has repeatedly made the charge since at least February.

A month ago Pompeo told Fox Business, “People don’t recognize that Hezbollah has active cells” in the country. “The Iranians are impacting the people of Venezuela and throughout South America. We have an obligation to take down that risk for America,” he said. 

It's unclear what it would mean for the US to "take down that risk" — but Trump has expressed an unwillingness for "military options" in Venezuela, even recently saying he was "bored" with meddling in such a complex geopolitical climate, according to reports. 

Trump's new comments in response to "China and Iran" being in Venezuela appear to be a continuation of this "Hezbollah presence" theme. For now, it appears Hezbollah could be for Venezuela what WMD was for Iraq under the Bush administration: a pretext for extreme sanctions and eventual war.

By Zerohedge.com

More Top Reads From Safehaven.com

Back to homepage

Leave a comment

Leave a comment