"Will Venezuela Be The Battleground In The Next U.S.-Russia Proxy War?" Reads the title of the Antimedia.org but the fact of the matter is the United states has been engaging in not only regime change but an ongoing economic war resulting in much of the current issues venezuela is facing.
The U.S. has long had its sights set on Venezuela, which possesses the largest proven oil reserves in the world, particularly following the “revolution” that began with the election of the late President Hugo Chávez and has continued under his successor Nicolás Maduro. But changing circumstances within Venezuela may soon push the U.S. to repeat a nefarious practice it has carried out elsewhere – funding a proxy war in order to prevent Venezuelan oil from falling into Russian and Chinese hands.
At first, the U.S. government seemed content to let Maduro’s administration run out of steam on its own. But the U.S. has already issued separate sanctions against the country three times this year alone, with more planned in the coming months, as evidenced by the introduction of a recent U.S. Senate bill that would target Venezuelan government officials. The bill, titled “Venezuela Humanitarian Assistance and Defense of Democratic Governance Act” (S.1018), would funnel $20 million to the Venezuelan opposition, which has already received an estimated $50 to $60 million since Chávez’s election in 1998.
And now, the stakes may now be too high for the U.S. to allow Maduro’s regime to collapse under the weight of economic sabotage. By all accounts, Venezuela’s state-owned oil company PDVSA is already on the brink of collapse.
While this would normally be good news for those who seek to see Maduro toppled, there is a caveat that is causing panic in Washington. As the text of S.1018 points out, PDVSA – if and when it collapses – would default on its $4 to $5 billion loans from Rosneft, Russia’s state-owned oil company.
Also that this has not been just a recent event but an ongoing issue from president to president, no matter what new cowboy shows up in town, it will take time for the world to see there has been a legitimate change on the point of American Foreign Policy.