U.S. steps up pressure on Maduro as Russia backs Venezuelan ally


  • World
  • Friday, 25 Jan 2019

A U.S. flag waves at the U.S. Embassy in Caracas, Venezuela, January 25, 2019. REUTERS/Adriana Loureiro

WASHINGTON/CARACAS (Reuters) - The United States on Friday signalled it was ready to step up economic measures to try to drive Venezuelan President Nicolas Maduro from power as some U.S. diplomats left the embassy in Caracas and Russia vowed to back its socialist South American ally.

The U.S. Treasury Department stopped short of announcing a freeze on Venezuela's U.S. assets and accounts, but said it would take steps to ensure commercial transactions were "consistent" with its recognition this week of opposition leader Juan Guaido as Venezuela's legitimate head of state.

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