Hoping to facilitate regime change in Venezuela, the Trump Administration announced on Tuesday that it has handed control of Venezuela’s government’s assets to Juan Guaido, the interim president recognized by the US.
The idea is that the assets will weaken the Maduro government, and
strengthen Guaido in trying to prop himself up as the replacement.
Whether that will actually work, however, is unclear, as the Maduro government has already frozen all of Guaido’s accounts.
Venezuela’s Supreme Court seems to be moving to further strict Guaido’s activities,
including preventing him from leaving the country. Guaido blasted this
as a continuation of the government’s threats and persecution.
All of this probably means Guaido didn’t come out of the day with any new assets he can actually access. US officials are threatening ‘serious consequences’ after Venezuela’s government moved against Guaido, which is in line with US threats against Venezuela in recent weeks.
US Aims to Transfer Assets to Guaido as Venezuela Freezes Accounts
Supreme Court bars Guaido from leaving the country
Jason Ditz is Senior Editor for Antiwar.com. He has 20 years of experience in foreign policy research and his work has appeared in The American Conservative, Responsible Statecraft, Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times, and the Detroit Free Press.
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