Venezuela’s embattled President Nicolas Maduro has warned world leaders at a Non-Aligned Summit that his country was being lashed by a US economic war aimed at toppling him.

Speaking at the same event, which opened Saturday, Maduro’s closest regional ally, Cuban President Raul Castro, echoed the charge, despite his country’s thawing relations with the United States.

“Venezuela is facing an onslaught… that is against all of Latin America and the Caribbean, that is trying to re-impose and recolonize the politics, economy, culture and life of our countries,” Maduro — a socialist who has made the economy increasingly state-run — charged in his speech after taking over the movement’s rotating presidency from Iran.

Leaders from the 120-nation group, including Iranian President Hassan Rouhani, gathered for two days on Venezuela’s Caribbean island of Margarita.

Venezuela, an OPEC member and home to the world’s largest proven oil reserves, will seek backing for its campaign to slash abundant global crude production in a bid to raise prices.

Ecuadorean president Rafael Correa, whose country is the smallest member of OPEC and who supports the Venezuelan aspiration, said the oil cartel runs the risk of falling apart over differences on market strategy.

Read the Full Article: Source – Yahoo News
Time For Truth: (Yahoo News) – Venezuela, Cuba warn of US intervention at Non-Aligned meet

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