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Over 100 economists urge U.S. to lift sanctions on Venezuela after earthquakes
๐Ÿ‡ต๐Ÿ‡พ Paraguay /Disasters & Emergencies

Over 100 economists urge U.S. to lift sanctions on Venezuela after earthquakes

From ABC Color · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Over 100 economists have urged the United States to lift sanctions on Venezuela.
  • They argue that sanctions hinder the country's recovery, particularly after recent earthquakes.
  • The economists believe lifting sanctions would aid Venezuela's economic and social development.

More than 100 economists have called on the United States to lift its sanctions against Venezuela. The signatories argue that these economic restrictions impede the South American nation's ability to recover and develop.

The economists contend that the sanctions have had a detrimental effect on Venezuela's economy, exacerbating existing challenges. They specifically point to the impact on the country's capacity to rebuild and address the needs of its population, particularly in the aftermath of recent earthquakes that have further strained resources.

In their appeal, the economists suggest that the removal of sanctions would facilitate Venezuela's economic progress and improve the living conditions for its citizens. They believe that international economic engagement, free from restrictive measures, is crucial for the country's stability and growth.

The call reflects a growing debate about the effectiveness and consequences of U.S. sanctions policy on targeted nations, with a focus on their humanitarian and economic implications.

DistantNews Editorial

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.