maduro

A U.S. flag flies outside the U.S. Embassy in Caracas, Venezuela, in January. Secretary of State Mike Pompeo announced that all remaining embassy personnel would be withdrawn this week.

World News

U.S. To Pull Diplomats Out Of Embassy In Venezuela

10:41am March 12, 2019

by Matthew S. Schwartz

Secretary of State Mike Pompeo said the U.S. plans to withdraw all remaining embassy personnel this week. The country has been wracked with power outages, and President Nicolás Maduro blamed the U.S.

Treasury Secretary Steven Mnuchin (right) and National Security Adviser John Bolton announce sanctions against Venezuela, which are meant to put pressure on Venezuelan President Nicolás Maduro.

World News
Economy

Oil Prices Edge Upward After U.S. Imposes Sanctions On Venezuela

12:19pm January 30, 2019

by Matthew S. Schwartz

The sanctions are meant to put pressure on Venezuelan President Nicolás Maduro, who allegedly diverts billions in oil profits to pay off military officers and help prop up his government.