“Venezuela’s Shock: Trump Cuts Financial Lifeline”

#WorldNews #DonaldTrump #Venezuela

Washington D.C. – In a recent financial move, American President Donald Trump has decided to cut off Venezuela’s financial lifeline. This decision, set to take effect from next week, involves revoking the permission for domestic corporations to extract oil and export it from Venezuela.

This move by President Trump comes in the midst of the ongoing political and economic crisis in Venezuela, with the country facing severe hyperinflation, shortages of basic necessities, and political instability. By cutting off this financial lifeline, the United States aims to put further pressure on the Venezuelan government and its leadership.

Ramesh Khatri, a representative of Kansai Nepal News, shared his perspective on this development. He stated that while the decision may have significant implications for the Venezuelan economy, it also raises concerns about the impact on the Venezuelan people, who are already suffering from the effects of the crisis. Khatri emphasized the importance of finding a balance between exerting pressure on the government and ensuring the well-being of the citizens in such challenging times.


Author: MAYA | HARUTO
Posted at: February 27, 2025 7:00 pm