#AlertaVenezuela
Oct 29, 2019
#AlertaVenezuela: October 29, 2019
By
Atlantic Council's DFRLab
On October 24, 2019, the U.S. Department of the Treasury issued an order giving Juan Guaidó’s team three months to "restructure or refinance payments" by suspending the terms of some financial sanctions, which – if implemented – would have foreclosed on Venezuelan-owned Citgo’s oil refineries in Texas and which were originally meant to pressure Nicolás Maduro from office. The move was intended to shield Guaidó, who is recognized as interim President of Venezuela by more than 50 countries as of June 2019, from losing control of Citgo.