Thursday, December 7, 2023

Venezuela annexes neighboring Guyana: It's what socialists do!

Blinken Conveys 'Unwavering Support' For Guyana After Venezuela's Maduro Proclaims "Esequibo Is Ours", Gives Energy Companies 3 Mos To Exit

THURSDAY, DEC 07, 2023 - 07:15 AM

To recap the rapidly evolving situation in Guyana...

  • Neighboring Venezuela now considers around three-quarters of the oil-rich nation theirs - with President Nicolás Maduro presenting a map on television that shows Guyana's Esequibo region  as under the jurisdiction of Caracas.

  • Maduro vowed to create a Venezuelan state known as Guyana Esequibo, for which he will grant Venezuelan citizenship to Guyanese residents there.

  • Maduro will has granted licenses and ordered state oil company PDVSA and state metal conglomerate CVG to drill for oil in the area.

  • A special military unit will be created for the territory.

  • Energy companies in the Esequibo region such as Exxon Mobil will "have three months to withdraw."

  • Guyanese President Irfaan Ali said he would report the matter to the UN Security Council, saying in a late-night televised address "The Guyana Defense Force is on high alert," adding "Venezuela has clearly declared itself an outlaw nation."

  • The UN Security Council will hold a closed-door meeting on the issue Friday, Bloomberg reports.

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