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The Donald Trump government continues to give concrete measures to limit the capacity of Nicolás Maduro's regime, in favor of the self-proclaimed interim President Juan Guaidó, who received the award control of the accounts of Venezuela in the USA.
The State Department has already sent a document to the Federal Reserve last week to emphasize that Washington recognized the president of Venezuela's National Assembly as the country's leader. authorized agent to control accounts in US banks. The next steps the White House wants to focus on are oil accounts, at the heart of the Venezuelan economy.
With the recognition of Guaidó, authorities that "legitimately make decisions about economic transactions between Venezuela and the United States, will have many consequences," said a White House official who requested anonymity on Wednesday latest.
In any case, these transcendental changes represent an uncertainty for a multiplicity of actors. "It's a mess for creditors, for employees, a mess for all"How did he Wall Street Journal a leader of the oil industry, about the possibility that companies like PdVSA or Citgo have two parallel directories (of the Chavez regime and the opposition).
Therefore, he informed WSJ, the The Trump Government plans to use Emergency Emergency Orders (EMRs) who lead the way and allow Guaidó to effectively take control of the accounts. For the measure not to be challenged in the country's courts, the president could argue that the political crisis and oil imports are of fundamental importance to the US energy sector.
On this road, Washington is also looking for diverting hydrocarbon transactions to prevent them from reaching Chavezand are deposited in accounts managed by the opposition.
Senator Marco Rubio, who was very involved in consultations with the White House on Venezuela and confirmed the transfer of control of Venezuelan accounts, predicted that in the coming days, there will be more details about the future of oil-related transactions between the United States and the country of South America.
"Nearly 75% of the money that PDVSA receives (the Venezuelan national oil company) comes from crude oil sent to US refineries. What makes sense is to continue to buy but the money owed is made available to the legitimate government"Guaidó, said Rubio to the chain Univision.
For Venezuelan oil buyers, such as Chevron and other large companies, "one thing is clear: they can no longer send money to Maduro," said WSJ Gustavo Coronel, former president of PdVSA in the 1990s .
Although Caracas has other buyers of oil, mainly China, the Asian giant is a creditor and the oil is sent in debt payment. Without the United States, which imports about 500,000 barrels a day (and oil is almost the only good that Venezuela exports), the regime would be flooded with no foreign currency.. The Maduro Allied governments could try to increase their quota of purchases, but this is not a decision that can be made quickly.
The possibility of financing the Venezuelan opposition through the World Bank or the International Monetary Fund is also on the agenda, although the US newspaper stresses that these institutions would expect a greater consensus for Guaidó to be recognized as legitimate president.
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