oil

The Venezuela Phase of US Global Demise

The latest blow-up in international relations involving Venezuela and Washington’s designs for regime change is but the latest in a whole gamut of international developments, tensions and confrontations which ultimately stem from America’s desperate attempt to maintain its global hegemony.
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The Truth About US Sanctions on Venezuela, and Why the Media Gets it Wrong

Last week, the US formally adopted sanctions on Venezuelan national oil company PDVSA, as well as on CITGO, its US-based distribution arm, as part of its press for regime change in Caracas. National Security Advisor John Bolton estimated the actions would affect some $7 billion in assets and would block $11 billion in revenue to the Venezuelan government over the next year.

Regime Change for Profit: Chevron, Halliburton Cheer On US Venezuela Coup

WASHINGTON — For much of the past twenty years, critics of U.S. foreign policy have noted that it is often countries with sizeable oil reserves that most often find themselves the targets of U.S.-backed “humanitarian” interventions aimed at “restoring democracy.” Analysis of the nearly two-decades-long U.S. effort aimed at regime change and “democracy promotion” in Venezuela has long linked such efforts to the fact that the South American country has the world’s largest proven oil reserves.

Why Jeremy Hunt’s Support for Venezuela’s Self-declared President Must be Rejected

The British government’s agenda towards Venezuela is blatantly interventionist, with the Foreign Office now flagrantly breaking international law in support of US geopolitics in Latin America, and it is backed by politicians from across the spectrum.  Regardless of party allegiance, politicians serving the British establishment are intoxicated by the prospect of reining in a people who have said ‘no’ to […]