Wednesday 30 January 2019

US bans the oil exporter company


Between the largest political and economic crisis in Venezuela, the US has banned the oil company PDVSA. Along with this, the US has told the Venezuelan army that it has done peaceful work to delegate power to Opposition leader Khwan Goid?.
Venezuela has been going through a financial crisis for a long time. Even the public is craving for bread. Despite the oil reserves, food and drink crisis in Venezuela has become a topic of discussion throughout the world. Inflation has reached the record level of the world due to the food crisis. Indeed, due to the fall in oil prices in 2014, Venezuela faced a financial crisis, after which the situation worsened, and the country got big debt under the debt. Explain that Venezuela is based on oil exports.
Leading President Nicolas Maduro, opposition leader Khwann Guadido has opened a front in this condition of the country. Even now he has declared himself as the Interim President and forced Nicholas Maduro to leave his throne. This move of Guadido has created a major political confrontation in Venezuela.
America with opposition leader Khwann Guadido
Khwan Guaido has been recognized as the interim president, with about 20 countries including the United States. Along with this, the United States has banned PDVSA, a company that supplies oil from Venezuela. This has been done so that President Nicolas Sarkar can not get revenue from oil.
US Finance Minister Steven Manushin has said that the money for the sale of oil will not reach Nicholas Maduro's government. He said that the oil company PDVSA, if Kawang Guido is considered to be the leader of the country, he can avoid these restrictions and supply oil.However, the US has given permission to supply oil to PDVSA subsidiary Citgo. The company is located in the US and the Trump Administration has said that it can continue to supply oil by depositing money in a secure account. Explain that Venezuela is solely based on the US for the sale of oil and 41 percent of its oil exports to the United States.
At the moment, the whole hawks are on Venezuela's army. Venezuelan defense minister criticizing Guido, said that the army will not change its course and Nicholas will continue to support the government.
Ugo Chavez made Nicholas successor
In Venezuela's politics, Nicolas Maduro is counted among the leaders who are closest to former President Ugo Chavez. Before death, Ugo Chavez declared Nicholas his successor.Since then, he is handling the power of Venezuela. Now after the restrictions by the Trump Administration, Nicholas has announced the end of the relationship with the US. Even Nicholas government has ordered American diplomats to leave Venezuela within 72 hours.
By the intervention and restrictions of the US, the road to Nicholas has become difficult. In such a situation, now it is necessary to see how long Venezuelan people will be struggling with this political crisis and who will live with Venezuelan leader Nicolas and Guayido?
India's eye
Bharati is also keeping an eye on Venezuela's crisis. Foreign Ministry Spokesman Ravish Kumar has said that we are keeping an eye on the present circumstances of Venezuela and we are seeing that Venezuela's people can not solve the present problems of violence without violence. He said that there is a close and friendly relationship between India and Venezuela and we believe that for the progress and prosperity of the Venezuelan people, democracy, peace and security are the most important.
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