By: Hamid Reza Naghashian
Since Venezuela is considered as the last bridge for full and all-out return of Washington to the Latin American scene, all pressures have been exerted on a country which is the root of all independence-seeking movements in the region, and the U.S. does its efforts to push back this move from the starting point and suppress all anti-capitalist revolutions in the continent. So from the moment Donald Trump took office as the U.S. President through the claimed Russia’s support, he has been constantly beefing up economic sanctions on Venezuela, condemning Venezuelan President Nicolas Maduro and inviting Venezuelan people to topple Maduro’s government which is actually an anti-U.S. government and ray of hope for materializing the ideals of opponents of American-style capitalism in the sub-continent.
To this end, President Trump has taken some measures and the CIA is in charge of implementing them. Venezuela’s dollar dominated bonds, whose prices had soared by almost 25 percent since last months of 2018, once again soared with more pace during the days of unrests and it was because of the growing pressure from the opponents of Venezuela’s legal government .
According to those who are familiar with the matter, Trump Administration is also ready to impose more restrictions on Venezuela’s oil sales but the reason, why he has not imposed it, is that he waits for the performance of anti-Venezuelan government protesters. However, Trump’s coup against Venezuela’s legal government has been defeated; and protesters believe that because of Maduro’s defiance against the opposition leader Juan Gerardo Guaido, Trump will undoubtedly impose his oil embargo against Venezuela’s government and people. They think after the failed coup by the 35-year-old Guaido who is the president of Venezuelan National Assembly, Mr. Trump has told reporters that all options were on the table and the U.S. could use against the Maduro government but he has excluded military action.
A U.S. administration official has warned that if Maduro does not transfer the authority of all financial affairs to Guaido, Trump would impose more sanctions. According to reports, some White House officials had warned some U.S. oil managers in early January that Trump Administration is mulling restriction on Venezuela’s oil exports and recommended them to find replacement for Venezuela’s heavy crude.
Guaido, since January 5 when he was elected as the president of National Assembly, has started to exert pressure on military activists and international community to recognize him as legal president of Venezuela.
After Trump’s statement, Brazil, Colombia, Canada, Peru and Chile recognized Guaido as the legal Venezuelan leader. During his speech among thousands of his supporters during a protest rally in eastern part of Caracas, Guaido said, “I swear in to take office as the interim Venezuelan President till toppling the usurper government.” After his swear-in, his supporters started singing patriotic songs and national anthem.
After this quasi-revolt, president of Venezuelan Supreme Court who is one of Maduro’s allies ruled against Guaido and disavowed him as chief of National Assembly and annulled the assembly’s decision over illegalizing Maduro’s government.
Trump’s official support of Guaido officially exposed the U.S.-backed coup and Maduro said that the coup against his government has been backed financially by the Yankees. The U.S. has found its interests in danger and is preparing to bring a puppet government to the power while Russia and China have a strategic approach towards developments in Venezuela and take stance in favor of Maduro. President Hassan Rouhani’s diplomatic body did not take a strong stand against coup attempters and it is regrettable for the Iranian nation.