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Venezuelan real salary has fallen 89.9% by March

Tuesday, February 14, 2017

U.S. blacklists Venezuela vice president for drug trafficking

The U.S. blacklisted Venezuela's Vice President Tareck El Aissami and an associate for drug trafficking, the first crackdown by the Trump administration against top officials in President Nicolas Maduro's government for money laundering and the drug trade. The U.S. Department of Treasury said it designated El Aissami for sanctions under the Foreign Narcotics Kingpin Designation Act. His associate, Samark Lopez Bello, was targeted for providing material assistance, financial support or goods or services in support of El Aissami's activities, Treasury said in a statement. n addition, the Treasury department's Office of Foreign Assets Control also targeted 13 companies owned or controlled by Lopez Bello or other parties that comprise an international network spanning the British Virgin Islands, Panama, Britain, the United States and Venezuela. More…

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