The systematic destruction of the PDVSA

the-systematic-destruction-of-the-pdvsa

30-01-19 02:13:00,

The United States has just imposed a series of sanctions on the PDVSA, the state company tasked with exploiting and selling the hydrocarbons belonging to Venezuela. According to the US Treasury Secretary, Steven Mnuchin, “the Maduro Regime” was making use of the PDVSA to “control, manipulate and rob the people of Venezuela”. ‎

When the US Treasury Secretary talks about “manipulating the people” he is referring to the fact that the Bolivarian Republic was redistributing the profits of PDVSA among the country’s poor. ‎ Under the new US sanctions, from now on, US companies will no longer be able to pay the constitutional authorities of the Bolivarian Republic for Venezuelan oil. Instead, payment must be made to the self-declared “Acting President” Juan Guaidó. ‎

A collateral effect of this measure is that CITGO, the US subsidiary of PDVSA, will not be able to pay off the loans that the Russian giant Rosneft had granted it. Due to this, Rosneft could seize the three refineries that CITGO operates in the United States as well as its oil pipelines in this country. But the Pentagon will surely be opposed for “reasons of national security”.

Since PDVSA was established in 1976, the personnel of this company have lived detached from the rest of the Venezuelan people, with their eyes firmly fixed ‎on Washington. They are completely against the Bolivarian Movement.

During the Presidency of Hugo Chávez, PDVSA slowed down its production but its profits increased. Although the Venezuelan state wanted to provide refineries with facilities to treat the shale oil that had just been discovered, it restrained its zeal in pursuing this activity: President Chavez feared that such initiative might provoke a US invasion. ‎

Under the Presidency of Nicolas Maduro, a series of scandals followed, crippling the PDVSA: the managing team siphoned off millions and transferred them to Andorra before the State managed to discover the financial manipulation and prosecute the criminals. Most of the PDVSA’s employees support the coup of Juan Guaidó and sabotage the work of PDVSA by not turning up at work. This has triggered a fall in production which was reduced to a fifth of its capacities.

Translation
Anoosha Boralessa

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Systematic News-Suppression in Today’s U.S.

Systematic News-Suppression in Today’s U.S.

09-05-18 06:22:00,

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These proposals show the dichotomy between the philosophy of US and Russian foreign policy

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9 hours ago

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July 19, 2018

The United States last week accused the DPRK of violating refined petroleum caps imposed as a part of UN nuclear sanctions dating back to 2006, and is therefore submitting a proposal to cut all petroleum product sales to North Korea.

The Trump administration is keen on not only preserving pressure on North Korea over its nuclear arms development, but in increasing that pressure even as DPRK Chairman, Kim Jong-Un, is serially meeting with world leaders in a bid to secure North Korea’s security and potential nuclear disarmament, a major move that could deescalate tensions in the region, end the war with the South, and ease global apprehensions about the North’s nuclear arsenal.

Meanwhile, Russia is proposing to the UNSC sanctions relief in some form due to the North’s expressed commitment to nuclear disarmament in the light of recent developments.

Reuters reports:

MOSCOW/UNITED NATIONS (Reuters) – Russia’s envoy to North Korea said on Wednesday it would be logical to raise the question of easing sanctions on North Korea with the United Nations Security Council, as the United States pushes for a halt to refined petroleum exports to Pyongyang.

“The positive change on the Korean peninsula is now obvious,” said the ambassador, Alexander Matsegora, according to the RIA news agency, adding that Russia was ready to help modernize North Korea’s energy system if sanctions were lifted and if Pyongyang can find funding for the modernization.

The U.N. Security Council has unanimously boosted sanctions on North Korea since 2006 in a bid to choke off funding for Pyongyang’s nuclear and ballistic missile programs, banning exports including coal, iron, lead, textiles and seafood, and capping imports of crude oil and refined petroleum products.

China tried late last month to get the Security Council to issue a statement praising the June 12 Singapore meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un and expressing its “willingness to adjust the measures on the DPRK in light of the DPRK’s compliance with the resolutions.”

North Korea’s official name is Democratic People’s Republic of Korea (DPRK).

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