Regime change via sanctions? US uses international finance system to strangle Venezuelan economy

The blackout comes amid a growing political crisis in Venezuela as U.S.-backed opposition groups attempt to topple Maduro’s government.

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SOURCEDemocracy Now!

Venezuelan officials say power will be largely restored in the country today after a week-long blackout across much of the country. The cause of the blackout remains in dispute. The United States blamed it on years of neglect of the Venezuelan energy system, but Venezuelan President Nicolás Maduro accused the U.S. military of launching a “cyberattack against the electrical, telecommunication and internet systems.” The blackout comes amid a growing political crisis in Venezuela as U.S.-backed opposition groups attempt to topple Maduro’s government. On Monday, the United States announced it was withdrawing remaining diplomatic staff from its embassy in Caracas. We speak with Mark Weisbrot, co-director of the Center for Economic and Policy Research and president of Just Foreign Policy. His latest piece for The New Republic is headlined “The Reality Behind Trump’s Coalition for Regime Change in Venezuela.”

Guests

  • Mark Weisbrot

    co-director of the Center for Economic and Policy Research and president of Just Foreign Policy.

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