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VisitVenezuelan Assembly with Officialist Majority Approves Simón Bolívar Law Against U.S. Sanctions and Blockade
Nov 28, 2024, 06:38 PM
The Venezuelan National Assembly, with an officialist majority, has unanimously approved the Organic Law of the Liberator Simón Bolívar in its second discussion. This legislation, referred to as the Simón Bolívar Law, aims to counteract the economic sanctions and economic blockade imposed by the United States. The law is seen as a measure to defend Venezuela's sovereignty and mitigate the impact of U.S. policies. Following its approval, the legal instrument has been sent to the Constitutional Chamber of the Supreme Court of Justice (TSJ) for further review.
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Markets
Yes • 50%
No • 50%
Official announcements from the U.S. Department of State or Treasury
No • 50%
Yes • 50%
Official announcement from the Venezuelan Supreme Court of Justice or government press release
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Economic reports from international bodies like the IMF or World Bank
Improved relations • 25%
New trade agreements • 25%
No significant change • 25%
Deteriorated relations • 25%
Trade reports from Venezuela's Ministry of Commerce or international trade organizations
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No official response • 25%
Condemnation • 25%
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Statements from organizations like the UN, OAS, or EU
Emergence of new political movements • 25%
Increased support for government • 25%
Increased opposition • 25%
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Reports from political analysts and media coverage within Venezuela