• Donate
  • Login
Sunday, June 14, 2026
  • Login
  • Register
Canary
Cart / £0.00

No products in the basket.

MEDIA THAT DISRUPTS
  • UK
  • Global
  • Opinion
  • Skwawkbox
  • Manage Subscription
  • Support
  • Features
    • Health
    • Environment
    • Science
    • Feature
    • Sport & Gaming
    • Lifestyle
    • Tech
    • Business
    • Money
    • Travel
    • Property
    • Food
    • Media
  • SHOP
No Result
View All Result
MANAGE SUBSCRIPTION
SUPPORT
  • UK
  • Global
  • Opinion
  • Skwawkbox
  • Manage Subscription
  • Support
  • Features
    • Health
    • Environment
    • Science
    • Feature
    • Sport & Gaming
    • Lifestyle
    • Tech
    • Business
    • Money
    • Travel
    • Property
    • Food
    • Media
  • SHOP
No Result
View All Result
Canary
No Result
View All Result
  • Editorial
  • Explainer
  • Global
  • Opinion
  • Environment
  • Feature
  • Food
  • Health
  • Science
  • Skwawkbox
  • UK

Establishment ‘expert’ admits US sanctions on Venezuela are designed to ‘make the economy scream’

Mohamed Elmaazi by Mohamed Elmaazi
4 February 2019
in Analysis, Global
Reading Time: 4 mins read
165 10
A A
0
Home Global Analysis
Share on FacebookShare on TwitterShare on BlueskyShare via WhatsAppShare via TelegramShare on Threads

The US-based Council on Foreign Relations (CFR) recently recorded a conference call during which “experts” discussed the “evolving crisis in Venezuela”. Shannon O’Neil is one of two CFR experts who offered her insights on 30 January 2019. And she made an important admission about US sanctions on Venezuela that the corporate press consistently ‘overlook’.

The “most powerful private organisation”

As The Canary has previously reported, one historian has described the CFR as:

the most powerful private organisation in the United States – and therefore in world history.

Former US secretary of state Hillary Clinton once told the CFR:

[I]t’s good to have an outpost of the Council right here down the street from the State Department. We get a lot of advice from the Council, so this will mean I won’t have as far to go to be told what we should be doing and how we should think about the future.

Elliott Abrams, Donald Trump’s new Venezuela liaison, is a long-time senior fellow and CFR member.

Dismissing the obvious

Questions were submitted from business figures such as William Skidmore, senior geopolitical adviser at BP.

Skidmore asked how the effects of the sanctions on Venezuela may be used to ‘cast aspersions’ on Juan Guaidó, the opposition politician who recently declared himself “interim president” with Western support.

O’Neil first dismissed the argument that sanctions have played a key role in the economic woes of the country. She said:

You will hear that this is all Guaidó’s fault, that the U.S. imperialists are working with the opposition and they’re trying to bring us down, and the reason that you don’t have eggs in your refrigerator is because of their political—or their economic pressures, and now their sanctions… I think other people are quite realistic about what has happened about the mismanagement, about the corruption of the regime, about the police that are firing on them. (Laughs.) I don’t think Venezuelans are—you know, they know where the reality is.

With more sanctions, there’ll be “more deprivation” and “more refugees”

But O’Neil immediately followed on by saying:

One thing, though, as we see sanctions tighten… it’ll be more expensive for Venezuela to send their oil to Indian refineries, as compared to Louisiana refineries. (Laughs.) And so there will be costs there. And some of it… will be much harder to do. As there’s less money, I do think you’ll see more deprivation, even given the low base we’re at, more among the population. And I think you’ll see more people leave Venezuela. So you’re going to see more refugees pouring into countries throughout the hemisphere and elsewhere around the world.

And then, almost as though she hadn’t said what she’d just said, she said:

I don’t see this as an easy blame on Guaidó. I think Venezuelans are pretty clear about where the challenges come from.

“Expert” O’Neil may not be aware of extensive polling done in Venezuela on this subject. And according to an October 2018 survey:

61% blame economic problems on agents external to the government such as the economic war, the fall of the price of oil, price speculation, and U.S. financial sanctions, while 37% attribute them to the economic policies implemented by the government.

So it seems Venezuelans are indeed “pretty clear” about the challenges they face.

“Make the economy scream”

Earlier on, O’Neil had already said that US sanctions resulted in “a lot less money coming in”. She then made crystal clear the actual purpose of the sanctions. Far from ‘promoting democracy’, she said:

They will cripple the economy… [T]he United States thinks: We put on sanctions. We’ll make the economy scream, as someone unfortunately said back in the 1970s about Chile from the United States, (laughs) … if we sort of stop the economy.

On 1 February, a former UN expert went further, saying “sanctions [on Venezuela] kill”. This confirms what author Tariq Ali told The Canary when he said sanctions on Venezuela have “nothing to do with democracy”; a fact repeated by numerous peace activists and others.

Although experts often couch their rhetoric in the language of “human rights” and “democracy”, every now and then, a bit of truth seeps through.

Featured images via Euronews/YouTube and PBS/YouTube

Tags: Venezuela
Share130Tweet81ShareSendShareShare
Previous Post

Speaker John Bercow giving Sajid Javid a roasting is just delicious

Next Post

A Tory MP takes racism to a whole new level while trying to dig herself out of a hole

Next Post
Nadine Dorries

A Tory MP takes racism to a whole new level while trying to dig herself out of a hole

An old man dressed as a young person saying, "How do you do, fellow kids?"

Right-wing youth movement not what it seems to be

Robert Peston and Jeremy Corbyn

Labour shuts down ITV’s Robert Peston for weaponising fantasy data against the party

Amber Rudd's latest DWP celebration shows she really is living in cloud cuckoo land

Chris Williamson and Jon Snow

Watch Chris Williamson embarrass Jon Snow for making a nasty error, live on Channel 4

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rail union
Skwawkbox

Eslamdoust faction calls police to remove TSSA president from conference, then suspends

by Skwawkbox
14 June 2026
Israel
Global

“Israel’s” ban on ICRC visits ruled illegal, but Knesset moves to stop them permanently

by Charlie Jaay
14 June 2026
Nigel Farage
Trending

Farage announces plan to permanently duck the media

by Willem Moore
14 June 2026
Keir Starmer, Kemi Badenoch, Tony Blair (austerity)
Trending

Badenoch & Blair urge Starmer to join austerity pact

by Willem Moore
14 June 2026
Far-right
Skwawkbox

Set car on fire, threaten residents? 20 months. Anti-genocide protester? 6yrs+

by Skwawkbox
14 June 2026

The Canary
PO Box 71199
LONDON
SE20 9EX

Canary Media Ltd – registered in England. Company registration number 09788095.

For guest posting, contact [email protected]

For other enquiries, contact: [email protected]

Complaints and Corrections

About the Canary

Meet the Team

© Canary Media Ltd 2026, all rights reserved | Website by Monster | Hosted by Krystal | Privacy Settings

Ok

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • UK
  • Global
  • Opinion
  • Skwawkbox
  • Manage Subscription
  • Support
  • Features
    • Health
    • Environment
    • Science
    • Feature
    • Sport & Gaming
    • Lifestyle
    • Tech
    • Business
    • Money
    • Travel
    • Property
    • Food
    • Media
  • SHOP
  • Login
  • Sign Up
  • Cart