Venezuela: Re-elected, Maduro faces global criticism, U.S. sanctions | Reuters

Critics at home and abroad on Monday denounced the re-election of Venezuela’s socialist President Nicolas Maduro as a farce cementing autocracy, while the U.S. government imposed new sanctions on the crisis-stricken oil-producing country. Maduro, the 55-year-old successor to late leftist leader Hugo Chavez, hailed his win in Sunday’s election as a victory against “imperialism.” But his main challengers alleged irregularities and refused to recognize the result. In response to the vote, U.S. President Donald Trump issued an executive order restricting Venezuela’s ability to liquidate state assets and debt in the United States, the latest in a series of sanctions that seeks to choke off financing for the already cash-strapped government.

Full Article: Re-elected, Venezuela's Maduro faces global criticism, U.S. sanctions | Reuters.

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