{"id":757,"date":"2019-09-03T01:39:37","date_gmt":"2019-09-03T01:39:37","guid":{"rendered":"https:\/\/patrickcarpen.com\/our-world\/?page_id=757"},"modified":"2019-09-03T01:50:47","modified_gmt":"2019-09-03T01:50:47","slug":"venezuelan-currency-hits-all-time-low-as-trump-imposes-new-sanctions","status":"publish","type":"page","link":"https:\/\/patrickcarpen.com\/our-world\/the-venezuelan-collapse\/venezuelan-currency-hits-all-time-low-as-trump-imposes-new-sanctions\/","title":{"rendered":"Venezuelan Currency Hits All-Time Low as Trump Imposes New Sanctions"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

While Russia continues to maintain a strangle-hold on Venezuela’s 3 billion barrels of oil reserves, the Trump administration continues to suffocate the Venezuelan economy with even more damaging sanctions.<\/p>\n\n\n\n

On Monday, 5th of August, 2019, Donald Trump signed an executive order imposing new sanctions which includes freezing various properties and assets of the Venezuelan government. <\/p>\n\n\n\n

It now takes around 250,000 Venezuelan Bolivar to make 1 US dollar. The minimum wage in Venezuela has now been reduced to less than 2 US dollars per month – not enough to buy a kilo of meat or a tray of eggs.<\/p>\n\n\n\n

The Donald Trump administration has been heavily criticized for its “heartless sanctions” on the country of Venezuela in a chronically failed attempt to wring the country out of Maduro’s hands and hand it over to the US puppet Jaun Guaido.<\/p>\n\n\n\n

Earlier this year, the United States staged several failed attempts at removing Maduro through military means. The stand-off between the US and Venezuela military came to a stalemate after Brazil refused to allow US troops into the State of Roraima. Further, the Venezuelan military continues to maintain allegiance to Maduro in spite of severe economic and diplomatic pressure to cross over to Guaido.<\/p>\n\n\n\n

Experts agree that, with Venezuela’s superior anti-aircraft weapons on one hand and Russia on the other, it would be impossible for the United States to win a war against Venezuela – which would ultimately prove catastrophic.<\/p>\n\n\n\n

We invite you to like our Facebook Page, Our World<\/a>, for more news and commentaries from around the world.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

While Russia continues to maintain a strangle-hold on Venezuela’s 3 billion barrels of oil reserves, the Trump administration continues to suffocate the Venezuelan economy with even more damaging sanctions. 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