Skip to content
March 31, 2026
  • FB
  • Twitter
  • YouTube
  • IG
  • Telegram
  • TikTok
  • LinkedIn
Orinoco Tribune

Orinoco Tribune

From Venezuela and made by Venezuelan Chavistas

Primary Menu
  • Home
  • News
  • Opinion
  • About us
    • About us
    • Becoming a Volunteer
    • Editorial guidelines for contributors
    • Our Sources
      • Venezuelan Sources
      • International Sources
    • Contact us
  • Categories
    • Politics
    • Economy
    • Security and Defense
    • International
      • Africa
      • Asia
      • Europe
      • Oceania
      • US/Canada
    • Latin America and ALBA-TCP
      • South America
      • Central America and the Caribbean (+Mexico)
    • Ideology-Commune-Labor
    • Health-Education-Sport-Culture-Technology
    • Solidarity and Social Movements
    • OT Specials
  • Support Us
    • 2025-2026 Fundraising
    • More Options
  • Merch
Light/Dark Button
YouTube Channel
  • Home
  • News
  • * Sanctions Against Venezuela in 2018, and Their Consequences
  • News
  • Security and Defense

* Sanctions Against Venezuela in 2018, and Their Consequences

January 3, 2019

2018 was marked by the consequences that have left in the Venezuelan people the sanctions and the financial blockade, imposed on the country by the United States Government and some nations of the European Union.

 

These have left losses of one billion dollars, as reported by Vice-president Delcy Rodríguez at the beginning of December.

 

“The people of Venezuela must know that financial sanctions against the nation have cost us a billion dollars, but we continue to work for the welfare of all Venezuelans,” said the official.

 

While the Constitutionalist Hermann Escarrá considered that these measures are a “direct attack on the Venezuelan State, the democratic structure and its governability.”

 

Sanctions

 

In January The European Union (EU) imposed restrictive measures against seven high officials: the current a president of the Constituent Assembly Diosdado Cabello, the president of the National Electoral Council, Tibisay Lucena; the Attorney General, Tarek William Saab; Interior Minister Néstor Reverol; the president of the Supreme Court of Justice, Maikel Moreno; the then director of the Bolivarian intelligence service, Gustavo González López; and the former commander of the Bolivarian National Guard, Antonio Benavides.

 

The national government rejected this decision of the EU and classified them as “worthless”, because they “violate the fundamental precepts of the Charter of the United Nations and intend to exercise a gross interference in internal affairs of our country.”

 

On March 4, the president of the United States, Donald Trump, issued a new executive order which extended for another year the national emergency that declared our country an “unusual and extraordinary threat” to the security of that nation.

 

Fifteen days later, Trump himself put his signature on a new executive order that prohibits any type of transaction with cryptocurrencies issued by the Venezuelan Government.

 

This decree was issued one day before the sale of the first Venezuelan digital currency, the Petro, which was created by President Nicolás Maduro to circumvent the effects of the blockade imposed by the gringos to our country.

 

On the 28th of the same month, Switzerland imposed sanctions on the nation that included the prohibition of sale, export and transit of military equipment goods or that could be used, according to them, for repressive purposes. It also includes equipment and technology for surveillance and interceptions of telephone or internet communications.

 

At the end of May, Canada applied new coercive and unilateral sanctions to 14 officials, including the first combatant Cilia Flores, the first vice president of the National Constituent Assembly (ANC), Tania Diaz, as well as the mayor of Caracas, Erika Farías. .

 

Meanwhile the US government lash out against the nation one more time. One day after the presidential election, which was held on the 20th of May and in which President Nicolás Maduro was re-elected, a new order is signed in which the National Executive is prohibited from selling debt and public assets in US territory.

 

Also, the constitutionalist Diosdado Cabello, his brother, José David Cabello; and his wife, the then Minister of Tourism Marleny Contreras.

 

On the first of November, the rulers of the northern country returned to attack the people of Venezuela. This time the announcement was made by National Security Adviser John Bolton, who announced that sanctions were imposed on the gold sector with which the nation’s gold exports were being interfered with.

 

Against public health

 

Health has been one of the sectors most affected by the measures taken by the Yankee authorities. For example, in May the then Minister of Health, Luis Lopez, denounced that transnational companies blocked “a transaction of seven million dollars that was being destined by President Nicolás Maduro so that dialysis patients can be guaranteed their treatment in Venezuela. ”

 

Previously, the president himself reported that the Euroclear system seized a 1,200 million euros that would be used to buy food and medicine.

 

In an interview conducted at the end of this year by the journalist Clodovaldo Hernández, for his Cara a Cara program on La IguanaTV, the director of the University Clinical Hospital (HCU), Fernando Alvarado, explained some of the consequences that the blockade has left in the patients of this health center.

 

  • The blockade has been the cause of death of many patients ?, asked Hernandez.

-Of course! Alvarado answered, all those suffering from chronic diseases are at risk: hypertensive people, diabetics, nephropaths, people with cancer. We see that with great concern. You have to be in the hospital to realize the drama of a person who comes with one of these diseases and there is no way to treat it because then US government banned us from buying drugs. I return and I repeat: we do not want them to be given to us for free. We want them to sell the medicines to us and we have money to buy them. Sell us those medicines, because the sick people is not to blame!

Source URL: La IguanaTV

Translated by JRE

cropped-OTLogoManuallyReconstructed-1.png
orinocotribune
Website |  + postsBio
  • orinocotribune
    Melvin Maldonado, the new head of the Return to the Homland program receiving Venezuelan repatriated migrants at the Simon Bolivar International Airport on Wednesday, March 25, 2026. Photo: X/@minjusticia_ve.
    March 31, 2026
    Venezuela Welcomes 302 Repatriated Citizens in Continuing Sovereign Response to US Deportations
  • orinocotribune
    Legendary Cuban singer Silvio Rodríguez posing in Havana. Photo: Kaloian Santos/Silvio Rodríguez's Office/EFE.
    March 30, 2026
    Cuba’s Silvio Rodríguez: Determination to Resist Stems From History and Patriotic Sentiment
  • orinocotribune
    Cubans welcome activists and crew members of the sailboats Friendship and Tiger Moth, part of the Nuestra América convoy, which arrived on March 28 at the port of Havana with humanitarian aid. Photo: EFE.
    March 29, 2026
    Nuestra América Convoy Ships Arrive in Cuba After Days Without Communication (+US Extrajudicial Killings)
  • orinocotribune
    The Venezuelan flag flies on the Venezuelan ambassador's resident in Washington DC, March 28, 2026. Photo: X/@OliverBlanco.
    March 29, 2026
    Venezuelan Flag Flies Again at Embassy in Washington
Share on X (Twitter) Share on Telegram Share on Bluesky Share on Facebook Share on Reddit Share on WhatsApp Share on LinkedIn Share on Email
Tags: economic war Health and Education US Imperialism US puppets US Sanctions

Post navigation

Previous Previous post:

Brasilia Militarized with 12,000 Troops for Inauguration of Neoliberal, Far-right Bolsonaro

img_9479
Next Next post:

Bolivia Rolls Out Universal Health Care To 5.8M Uninsured

Support us on Patreon
Other ways to support us
Weekly Digest

NEWS: POPULAR POST

  • Venezuelan President Nicolás Maduro and First Lady Cilia Flores. File photo.President Maduro and First Lady Send Message to the People of Venezuela and the World From US Prison March 29, 2026
  • Claudia Sheinbaum speaking about oil shipments at a press conference. Photo: EFE.President Sheinbaum: Mexico Working to Resume Oil Shipments to Cuba March 31, 2026
  • Melvin Maldonado, the new head of the Return to the Homland program receiving Venezuelan repatriated migrants at the Simon Bolivar International Airport on Wednesday, March 25, 2026. Photo: X/@minjusticia_ve.Venezuela Welcomes 302 Repatriated Citizens in Continuing Sovereign Response to US Deportations March 31, 2026
  • Russian Tanker Anatoly Kolodkin docks at Cuban port of Matanzas. Photo: RT.Russian Tanker Anatoly Kolodkin Arrives in Cuba with 100,000 Tons of Crude Oil March 31, 2026
  • 29d4031e-2b86-11f1-b6af-00163e02c055IRGC Declares US, Israel-Linked Universities ‘Legitimate Targets’ After Strikes on Iran’s Campuses March 31, 2026
  • Protesters in New York demanding the release of Venezuelan President Nicolás Maduro and his wife, Deputy Cilia Flores, on Thursday, March 26, 2026. Photo: Joshua Deckert/Spectrum News NY1.Venezuela’s Presidential Couple Appear in New York Court; Judge Questions Legitimacy of Legal Fee Freeze March 27, 2026
  • The Venezuelan flag flies on the Venezuelan ambassador's resident in Washington DC, March 28, 2026. Photo: X/@OliverBlanco.Venezuelan Flag Flies Again at Embassy in Washington March 29, 2026

Subscribe to Our Weekly Digest

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

OPINION: POPULAR POST

  • Vehicles and missile launcher at La Carlota military air base in Caracas, destroyed after the US bombing of Venezuela on January 3, 2026. Photo: Leonardo Fernandez Viloria/Reuters/file photo.Awkward Truths (in Today’s Venezuela) March 30, 2026
  • An inverted red triangle over a crackled star of david. Photo: Mohammed Afefa.Yes, All Jews March 29, 2026
  • iran-war-changes-global-political-economic-systemThe War on Iran Is Transforming the Global Economy: Economist Michael Hudson Explains How March 31, 2026
  • Venezuelan commune members with their arms raised at a meeting. Photo: Monthly Review.The Commune and Popular Sovereignty in Times of Imperialist Siege March 29, 2026
  • Paulina Veloso (Chile), Untitled, 2021. Available at capiremov.org. Photo: Tricontinental.Popular Feminisms Against the Neocolonial War in Latin America March 31, 2026
  • the-more-murderous-israel-gets-the-more-we-hear-about-v0-4ssEC6Hb_aBQllcLpByhSoAfK75JaxE5fGra2kf2ZYUThe More Murderous Israel Gets, the More We Hear About ‘Antisemitism’ March 31, 2026
  • The real Nicaragua: A march in solidarity with Venezuela and with Palestine in December 2025. Photo: Jairo Cajina/El 19/file photo.UN ‘Experts’ Fueling Washington’s Attacks on Nicaragua March 27, 2026

Categories

We are on Mastodon

Mastodon
Receive our news directly in your cell phone or PC, join us on our MASTODON account.

 

We are on Discord

Discord
Join our DISCORD server to check our content without algorithms and to interact directly with our team.

The original content by Orinoco Tribune is free to share and it is licensed under CC BY 4.0Creative Commons LicenseCreative Commons License

We are on Bluesky

Bluesky

If you are there, follow our Orinoco Tribune BLUESKY account.

  • FB
  • Twitter
  • YouTube
  • IG
  • Telegram
  • TikTok
  • LinkedIn
Copyleft, No rights reserved.