From Reuters: "U.S. declares Venezuela a threat, sanctions top officials".
Regime change ahoy? Regardless of the actual levels of corruption and undemocratic behavior or the history of diplomatic friction, labeling America's fourth largest oil supplier "a threat to national security" seems both foolish and an over-reaction. (Even the best case scenario - that Obama declared Venezuela a 'national security threat' only because that made it easy to get these targeted sanctions in place - doesn't seem to say anything good about his administration.)(Reuters) - The United States on Monday declared Venezuela a national security threat and ordered sanctions against seven officials in the worst diplomatic dispute with the oil-rich country since socialist President Nicolas Maduro took office in 2013.
President Barack Obama issued and signed the executive order, which senior administration officials said did not target the energy sector or Venezuela's broader economy. The move raises tensions between Washington and the OPEC member just as U.S. relations with Cuba, another longtime U.S. foe in Latin America, are set to be normalized.
Declaring a country a national security threat is the first step in starting a sanctions regime. The same process has been followed with countries such as Iran and Syria, U.S. officials said.
The White House said the executive order targeted people whose actions undermined democratic processes or institutions, had committed acts of violence or abuse of human rights, were involved in prohibiting or penalizing freedom of expression, or were government officials involved in public corruption.
Edited to add (3/10):
"Statement by the Press Secretary on Venezuela"
"Venezuela sanctions: Maduro fumes at 'imperialists' as US targets officials"