New Oil Sanctions on Venezuela: "Would Destroy What's Left of Its Economy"

National Security Advisor John Bolton announced that the US will freeze Venezuelan assets and block oil payments for Venezuelan oil imports to the US. This would not only be illegal, but would also be yet another crippling blow to the country, says CEPR's Mark Weisbrot

Venezuela Gold: Bank of England ‘No Longer Neutral Player’ – Richard Wolff

Economist and co-founder of Democracy at Work Prof. Richard Wolff joins News.Views.Hughes to discuss the freezing of Venezuelan funds in the Bank of England amid the deepening political crisis in Caracas. He says the Bank of England’s decision is a signal to all countries out of step with US interests to withdraw their money, as the Bank has shown itself to be “under the thumb of the United States.” He also opines on the “horrific prospects” of regime change in Venezuela.