, 10 tweets, 4 min read Read on Twitter
Important new @ceprdc study: US sanctions killed 40,000 Venezuelans between 2017-2018 and the sanctions announced in January will kill tens of thousands more if they are not reversed. cepr.net/press-center/p…
"The sanctions reduced the public’s caloric intake, increased disease and mortality (for both adults and infants), and displaced millions of Venezuelans who fled the country as a result of the worsening economic depression and hyperinflation." cepr.net/images/stories…
The January 2019 sanctions on Venezuela's national oil company PDVSA "froze many billions of dollars of Venezuelan assets that could have been
sold in order to maintain essential and life-saving imports, or to stabilize the economy." cepr.net/images/stories…
Even before the January sanctions, 300,000 people were estimated to be at risk because of lack of access to healthcare. The new sanctions will kill tens of thousands of Venezuelans. cepr.net/images/stories…
US sanctions have locked in an economic collapse that guarantees premature deaths and contributes to malnutrition and stunting in children. Sanctions target the most vulnerable groups (children, women, elderly, indigenous, LGBTQ) cepr.net/images/stories…
The study identifies US sanctions implemented in August 2017 as what pushed Venezuela's economy from inflation to hyperinflation and that western media totally ignored it cepr.net/images/stories…
US sanctions are so powerful that even "even Gazprom, which is majority owned by the Russian government, froze the accounts of PDVSA and cut off transactions with the company, under threat of sanctions from the Trump administration." cepr.net/images/stories…
On blackouts that have plagued Venezuela: "There is no doubt that the economic sanctions contributed substantially to the length and economic damage of power outages... sanctions have limited Venezuela’s access to diesel fuel, which is needed for its backup thermal generators."
Sanctions have compelled 22,000 doctors – 1/3 of the total – to leave Venezuela and more are expected to leave as sanctions tighten
US Sanctions against Venezuela are illegal under the OAS charter, international law, and US law. "The Hague and Geneva Conventions, to which the US is a signatory, prohibit collective punishment of civilians."
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