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Supporters in the U.S., Latin America and Europe have hurried to recognize Guaido as the nation’s rightful leader, and have threatened sanctions or even military intervention if socialist President Nicolas Maduro moves against him. The U.S. on Monday imposed sanctions on PDVSA meant to strengthen Guaido’s chances of taking control. Guaido on Monday also said he’s naming new boards for PDVSA and its U.S. refining arm, Citgo, to begin the recovering the nation’s mainstay industry.
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