The US announces an increased $25 million reward for information leading to the arrest of Venezuelas President Maduro on day he's sworn in for a third term.
The Justice Department alleges the Dassault Falcon 900EX aircraft was purchased in Florida by the Venezuelan leader's associates through a shell company in violation of sanctions and export controls.
Venezuelan President Nicolás Maduro's government faces a deadline this week — to commit to holding free and fair elections or face renewed U.S. oil sanctions.
The Biden administration has extended an olive branch to Venezuela. It might sway Caracas to resume talks with the opposition for elections, and eventually let Venezuelan oil back on the world market.
Venezuela's latest vote will worsen its crisis as it consolidates its socialist authoritarian system. But Washington is not well-positioned to lead the charge to stop it, writes Ted Piccone.
The pro-government constitutional assembly called for a new presidential election in Venezuela by the end of April as the country continues to deal with a growing economic and political crisis.
The latest restrictions are the first to target President Nicolas Maduro's regime directly, and they prevent U.S. institutions from buying new debt issued by the government or state-owned oil company.