Pence Calls on Venezuela to Suspend May 20 Elections

Venezuelan President Launches A Cryptocurrency-Banked Youth Bank

WASHINGTON-The U.S. Treasury imposed sanctions on Monday against Venezuela's former financial intelligence chief over his alleged work as a drug kingpin, and 20 Venezuelan and Panamanian firms for allegedly laundering narcotrafficking proceeds.

The United States has asked the countries of the Western Hemisphere to suspend Venezuela from the 35-nation Organization of American States.

Moncada also argued the US aims to "stop the May 20 elections in Venezuela", through new sanctions and diplomatic aggression, and accused the USA of committing an global crime.

The Trump administration called Tuesday for President Nicolas Maduro of Venezuela to step down.

Vice President Mike Pence will on Monday announce new United States sanctions against Venezuela and call for a "sham" May election to be delayed.

West Brom relegated from Premier League
Hughes, meanwhile, will focus on making sure the disappointment of not beating Everton does not impact on Tuesday's game. The side needed a draw between Swansea and Southampton to keep alive its faint hopes, but Gabbiadini put paid to that.

Pence said the United States has already sanctioned more than 50 current and former senior Venezuelan officials and cut off the so-called "petro" digital currency from the U.S. banking system. "Every free nation gathered here must take stronger action to stand with the Venezuelan people and stand up to their oppressors".

Before his departure in February, former Secretary of State Rex Tillerson indicated that the Trump administration was considering blocking all sales of Venezuelan oil, a move that might present the final blow to both Maduro and the country's economy.

That funding from the U.S. Agency for International Development (USAID) will go to the Columbian government for school feeding programs, mobile health services and new systems to help collect data on displaced Venezuelans in the country, the agency said.

Pence urged other OAS member countries to help the U.S. increase pressure on the Maduro regime by cutting off "Venezuela's corrupt leaders from laundering money through your financial systems" and by enacting visa restrictions to block their travel.

Venezuela's Information Ministry did not respond to a request for comment. Maduro asked a crowd in a rally on Tuesday in southern Amazonas state, condemning the US president and vice president for sanctions on his government. It is the third-largest source of America's imported oil. They are owned or controlled by the three individuals, the U.S. Treasury said in a statement.

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