Venezuela crisis: Trump plans to SIEZE Nicolas Maduro's wealth, risking infuriating Russian Federation

Tuesday, 29 Jan, 2019

Maduro's refusal, at least so far, to order Guaido's arrest reflects mistrust in his own security forces as well as the Trump administration's warning that any harm to the man the USA recognizes as Venezuela's legitimate leader would be crossing a risky red line.

Yet Maduro sought to deflate tensions, for now at least, by backing off his earlier order to expel all diplomats.

The United States separately warned there would be a "significant response" if USA diplomats, Guaido or the opposition-controlled National Assembly were targeted with violence and intimidation. However, the power of the country we are talking about is in decline.

Russian Federation and China both opposed the US call to support Guaido, and condemned any global interference in the affairs of Venezuela.

Omar and Jayapal's clear stand on Sunday against United States military intervention came just hours after Bolton - who played acentral role in orchestratingwhat has been denounced as an attempted coup d'etat - took to Twitter to warn Venezuela's government of a "significant response" if American diplomats, members of the Venezuelan National Assembly, or US-backed opposition leader and self-declared "Interim President" Juan Guaido are intimidated or attacked.

Maduro says Guaido is taking part in a coup directed by Trump's hardline policy advisers, who include Cold War veterans John Bolton and Elliott Abrams.

The government has yet to comment on the report but socialist party boss Diosdado Cabello on Monday tried to turn the tables on Guaido, saying his security was now in the hands of the U.S. Embassy.

Oil fell about 3 percent on Monday, its biggest one-day percentage drop in a month, after an increase in USA crude drilling pointed to further supply growth amid continuing concerns about a global economic slowdown.

"We are waiting for you, the soldiers of Venezuela".

"He made a threat and didn't complete it", Luna said.

The move came after Maduro severed relations with the USA due to President Donald Trump's January.

"What do you think about using military force?"

The Florida Republican represents a large Venezuela expatriate community and is a vocal opponent of the Maduro regime, which the US declared illegitimate last week.

"I'm so happy that they are supporting us and standing with us". Among the countries rejecting the US request for an emergency meeting was South Africa.

On Saturday, officials from the UK, Spain, Germany and France delivered Mr Maduro an ultimatum: Call elections within eight days or Mr Guaido will be recognised as president.

Valero and Citgo are among the largest importers of Venezuelan crude.

Moises Rendon, associate director of the Americas Program at Washington's Center for Strategic and International Studies, said Saturday that Maduro's opponents should ready themselves for a long struggle. The Russian Foreign Ministry said that the two top US rivals "discussed the current developments in Venezuela and noted their shared readiness to help facilitate mutual understanding between responsible political forces of Venezuela in the interests of maintaining domestic peace and resolving pressing socioeconomic challenges as soon as possible".