Venezuela's President Nicolas Maduro. Marco Bello, Reuters
Reuters: Venezuela's Maduro says he is breaking diplomatic relations with U.S.
CARACAS (Reuters) - Venezuelan President Nicolas Maduro said on Wednesday he was breaking diplomatic relations with the United States, after the Trump administration recognized opposition leader Juan Guaido as the South American country’s interim president.
Speaking to supporters outside the Miraflores presidential palace in Caracas, socialist leader Maduro said he would give U.S. diplomatic personnel 72 hours to leave Venezuela, which is suffering from a hyperinflationary economic collapse.
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WNU Editor: I expect the U.S. will respond in the next few days with comprehensive sanctions on Venezuela's oil industry. The Venezuelan government's last financial lifeline will finally be severed, but there will be consequences from this U.S. action. Venezuela is using its oil revenue to pay-off its enormous debts to China and Russia. I am 100% sure that in both Moscow and Beijing they are now deeply concerned on what is happening in Venezuela, and what will happen to the +$100 billion that Venezuela owes them.
