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After Contested Election, US Banks Should Anticipate New Sanctions Against Venezuela

Venezuelan President Nicolas Maduro's refusal to have his questionable electoral victory last month independently verified could lead the U.S. government to impose new, targeted sanctions on the country's government or energy industry, analysts told ACAMS moneylaundering.com. On July 28, Maduro won 51 percent of the vote to secure a third six-year term in an election that few countries have recognized, and that the U.S. claims does not reflect "the will or the votes of the Venezuelan people." The opposition maintains that Maduro's opponent, Edmundo Gonzalez, won more than twice as many votes as him based on tallies from 90 percent...

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