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Venezuela: Maduro defiant in face of US sanctions
VENEZUELAN President Nicolas Maduro said on Monday night he was “proud” after the US imposed personal sanctions on him.
US Treasury Secretary Steven Mnuchin announced the sanctions in response to Sunday’s elections for a new body to amend the constitution.
The president called Washington’s bluff after a mooted block on dollar payments for Venezuelan oil — effectively a full economic blockade — did not materialise.
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