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Trump falsely claims ‘nobody’s been killed’ in Iran war ‘in the last five months’

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Trump falsely claims ‘nobody’s been killed’ in Iran war ‘in the last five months’
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U.S. managed $12 billion in Venezuelan oil revenue, State Department says

The U.S. government managed more than $12 billion in Venezuelan oil revenue in a U.S. Treasury account established after the capture of the country’s president, Nicolás Maduro, according to a report released Thursday by the State Department.

Most of these funds were channeled into the Venezuelan economy, some of it via banks, through “foreign exchange interventions” and other payments at the request of the country’s central bank, according to the report, which is the first substantial explanation of the money flows from an account that had remained confidential.

Democratic senators in recent months have criticized the lack of transparency on the revenue in the U.S. government-controlled account, which was established in late January. Secretary of State Marco Rubio had said KPMG, one of the “Big Four” accounting firms, had been hired to audit “every single expenditure,” but no report had been released publicly until now. The New York Times first reported on the report ahead of its release.

Between January and Sept. 30, the account received more than $12.26 billion in deposits from “verified and approved entities engaging in authorized activities related to Venezuelan natural resources,” according to the report. Most of these deposits came from crude oil and petroleum transactions, while a small share came from gold, mineral and fertilizer sales.

The United States has paid out more than 98 percent of the total amount in the account, while $168.56 million remained in custody as of late September “for future authorized disbursements.” The report outlined how some of the funds circulated through the Venezuelan economy, including in sectors such as food and consumer goods, business and administrative services, and agriculture.

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