House in Clavadel / Krähenbühl Architekten Studio

first_imgCopyAbout this officeKrähenbühl Architekten StudioOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentRenovationInterior DesignResidential InteriorsHouse InteriorsOn FacebookDavosSwitzerlandPublished on August 29, 2020Cite: “House in Clavadel / Krähenbühl Architekten Studio” 29 Aug 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesGlassMitrexSolar GreenhouseMetal PanelsAurubisOxidized Copper: Nordic BrownDoorsEGGERWood Laminate Doors in Molecular Plant Science InstituteStonesCosentinoSurfaces – Silestone® Nebula SeriesWall / Ceiling LightsLouis PoulsenLamp – LP RiplsWood Boards / HPL PanelsBruagRoom Dividers – Partition Wall MDFStonesNeolithSintered Stone – Mar del PlataWindowspanoramah!®ah! 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Personalize your stream and start following your favorite authors, offices and users.Go to my stream 2016 CopyHouses, Renovation, House Interiors•Davos, Switzerland Save this picture!© Ralph Feiner+ 18Curated by Paula Pintos Share Lead Architects: Year:  Georg Krähenbühl ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Projects House in Clavadel / Krähenbühl Architekten Studio Design Team:Urs KrähenbühlNomination:DER BESTE UMBAU 2018, Switzerland (Nomination for the best renovation)City:DavosCountry:SwitzerlandMore SpecsLess SpecsSave this picture!© Ralph FeinerRecommended ProductsFaucets / SinkshansgroheKitchen SinksFaucetsDornbrachtBathroom Fittings – TARADoorsSky-FrameInsulated Sliding Doors – Sky-Frame ArcWoodGustafsWood Veneered Wall & Ceiling PanelsText description provided by the architects. The building is an important witness to the history of development within the landscape of Davos, especially for Clavadel. When the Walsers came to the valley at the time, they founded the first settlement and thus brought their way of building with them, the solid-timber log house. Much later, the Davos landscape, with its guesthouses, spa businesses, and, lastly, sanatoriums, took a further step in its development as a settlement, upon which the present-day city of Davos is founded.Save this picture!© Ralph FeinerDue to the excellent geographical location of Clavadel, slightly above Davos, the first spa businesses, and, later, the famous “Zürcher Heilstätte Clavadel” by architect Rudolf Gaberel, were built here early on, in addition to the simple farmhouses. Simple farmhouses in their catchment area were in part transformed, adapted to the times, and used as accommodation for the relatives of spa guests.Save this picture!© Ralph FeinerThis was also the case with the building we converted, which unites the entire history of development under one roof. The oldest part of the house dates back to a Walser farmhouse. As the spas and sanatoriums developed, this was transformed in the middle of the 19th century, and another storey was built with solid, filled-in half-timbering. The floor heights, the roof shape, the interior, and its external appearance from that time were adapted accordingly. The south-facing balcony element and the flat roof are the most striking features. Inside, these are mainly the wood paneling and the stucco elements on the ceiling. Previously, work was mostly done on the inside, with layers placed upon layer. The whole building was in very bad shape.Save this picture!© Ralph FeinerSave this picture!Ground Floor PlanSave this picture!© Ralph FeinerTogether with the client, we decided to renovate the building and refrain from building new construction, as the building contributes to the identity of Clavadel as a witness of the past, not only in terms of its scale from an urban-planning perspective, but also with respect to its appearance together with the surrounding buildings. This piece of history was thus able to be preserved and yet still be adapted to modern-day requirements, as was already once the case in around 1850. Historical photos were also helpful for getting a feel for the history of the building and its surroundings.Save this picture!© Ralph FeinerThe main task was to bring the original qualities of the building back to light and to remove all layers that had been deposited over time. In some cases, up to 4 superposed floor coverings had to be removed until you got to the original wooden floor planks. These were then sanded down and oiled.Save this picture!© Ralph FeinerIn order to meet today’s requirements for building shells, the floors, ceilings, roofs, and windows had to be insulated or replaced. There was the possibility of insulating on the inside or outside. We opted for a newly insulated facade on the outside, because the timber formwork was painted and could not be saved. Furthermore, the value of the wooden panels inside the building was estimated to be more valuable. The difficulties of the structural physics when insulating a multi-storey building on the inside also supported this decision. The new facade was developed based on the old one, so as not to change the character of the building too substantially.Save this picture!© Ralph FeinerTogether with the client, we have succeeded in this renovation project in once again uncovering the original qualities of the house. This has strengthened the identity of the place and enabled a piece of history to be preserved.Save this picture!© Ralph FeinerProject gallerySee allShow lessAP House Urbino / GGA gardini gibertini architectsSelected ProjectsEeetwell Restaurant / WeWantMoreSelected Projects Share ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Photographs:  Ralph Feiner Photographs Houses ArchDaily Switzerland “COPY” Architects: Krähenbühl Architekten Studio Year Completion year of this architecture project “COPY” House in Clavadel / Krähenbühl Architekten StudioSave this projectSaveHouse in Clavadel / Krähenbühl Architekten Studiolast_img read more

GE Capital invests £80m in Hovis

first_imgGE Capital has provided an £80m facility to finance the future growth of the Hovis brand.The facility will be used to fund general working capital needs following the acquisition of a controlling stake in Hovis Limited by The Gores Group last month.The move comes as Hovis looks to improve the efficiency of its operational infrastructure, reinvigorate the Hovis brand and develop its range of products including the Taste Sensation flavoured loaves, which were launched last month.Adam Johnson, managing director of corporate structured finance at GE Capital, said: “Hovis is an iconic British brand that has embarked on a new phase of growth as it looks to regain its leading position in the UK bread market. We’re pleased that we were able to provide the right type of financing package that best suited Hovis’ needs.“The FMCG sector is a strategic sector for us and one we feel is well-suited to the flexibility of alternative finance.”Fernando Goni, managing director at The Gores Group, said: “We are excited about the prospects of Hovis given its strong heritage brand and talented management team, and are pleased to be working with GE Capital to develop the company into the future. GE Capital has a deep understanding of the UK food industry and an extensive set of financing capabilities that will help the company drive value for all stakeholders involved.”In January Premier Foods announced that it had separated its bread business into a joint venture with The Gores Group. The move raised £28m in cash.last_img read more

Between Cuba and Harvard, an uncommon garden

first_imgIn the summer of 1899, Boston sugar magnate Edwin F. Atkins and Harvard professors George L. Goodale and Oakes Ames gathered in a busy sugar mill in Cienfuegos, Cuba, for a meeting that led to the establishment of one of the world’s richest tropical gardens.The meeting took place at Atkins’ sugar estate, where the Harvard Botanic Station for Tropical Research and Sugarcane Investigation/Atkins Institution in Cuba would be created a few years later. It unfolded against the backdrop of the Spanish-American War and emerging U.S. imperialism.It’s a story that has fascinated science historian Leida Fernandez-Prieto, who was born in Cuba and works as a researcher at the Madrid-based Spanish National Research Council’s Institute of History. She came to Harvard in the spring to research the history of the garden as the Wilbur Marvin Visiting Scholar of the David Rockefeller Center for Latin American Affairs.Harvard Professor George Lincoln Goodale sits in a classroom at the Botanical Gardens. © President and Fellows of Harvard College/Arnold Arboretum Archives“The three men behind the garden were visionaries,” she said. “One was a businessman and the other two were driven by scientific ambition, but their collaboration enabled the garden to flourish.”Atkins provided resources and land and funded labor costs for Harvard scientists to develop sugar cane resistant to plagues and diseases, but before long researchers had turned the garden into a lab, planting trees from all over the world. By the early 20th century, the Harvard Botanic Garden was considered the center of tropical research in the Western Hemisphere.Now called the Cienfuegos Botanical Garden and managed by the Cuban government, the site is home to more than 2,000 species of tropical plants, including different breeds of palm trees, bamboos, figs, and orchids. Its 280 species of palms make up one of the world’s largest collections. Harvard University Laboratory palm trunk, taken in 2000. © President and Fellows of Harvard College/Arnold Arboretum ArchivesThe history of the garden has political dimensions, and includes slavery, conspiracies, and revolution, said Fernandez-Prieto, who has been working on the subject for the past three years. Atkins bought sugar plantations in Cuba in the early 1880s and was likely involved in slave labor until the practice was abolished on the island in 1886.After the Cuban war for independence, the garden continued to grow, and in 1920, it officially became part of the University. But in 1961, in the wake of the Castro revolution, Harvard’s operation of the garden was suspended.“What I’d like people to see is that this is a fascinating story of scientific discoveries, political tensions, and a world of intrigues,” said Fernandez-Prieto.Cuban researcher and Harvard fellow Leida Fernandez Prieto is researching the history of Harvard Botanical Station for Tropical Research and Sugarcane Investigations/Atkins Institution. Kris Snibbe/Harvard Staff PhotographerThe work of a science historian is similar to that of a detective, she said. Fernandez-Prieto met with former Massachusetts Rep. Chester Atkins, the magnate’s great-grandson, and spent many days digging in the archives of the Massachusetts Historical Society and the Arnold Arboretum, which house letters and documents linked to the garden’s administration.Over the past decade, Harvard has been making efforts to renew ties with the Cienfuegos Botanical Garden. In 1999, a delegation of academics traveled to Cienfuegos to celebrate its 100th anniversary. And in recent years, students have spent the summer doing research in the garden.The 222-acre garden attracts thousands of tourists every year, as well as botanists, zoologists, and biologists from all over the world. Fernandez-Prieto hopes renewed U.S.-Cuba relations help bolster scientific exchange between the nations.“The garden was very important for the relationship between Cuba and the United States,” she said. “After so many years of not working together, I think the botanic garden could be a bridge between the two because it’s a common heritage. It’s part of the history of both countries.”SaveSaveSaveSavelast_img read more

Foster’s Fairplay: Reward Cuthbert-Flynn

first_imgOlivia ‘Babsy’ Grange has returned to the country’s new ministerial Cabinet in a familiar role. Sports will again have the benefit of her long-time exposure in that arena. Her first visible move is praiseworthy. She paid a touching tribute to Jordan Foote, the footballer out of Holy Trinity High School, who sadly succumbed to the ravages of cancer, during which he had lost a leg. On his bereaved family’s behalf, Foster’s Fairplay says “Thank you, Minister.” On a brighter note, Champs is in the air. With its coming, there is the usual friendly, if at times raucous, crosstalk between supporters of the rival schools. Traditionally, the heat is a lot more intense with the face-offs within the boys’ arena. Social media continues to be fertile soil for the raves and rants. Predictions are the domain of others a lot more qualified to engage in that activity, now fine-tuned to a science. The usual clamour, including calls for transparency, surrounds the distribution of entry tickets. The five-day event continues to attract an audience which severely outstrips the capacity of the hosting facility. At some point, the powers that be shall be asked to give full account. With the new Government’s initial slate of executive positions released, Foster’s Fairplay notes with disappointment (no pun intended) and dismay a glaring omission. No place has been found in her area of excellence for Member of Parliament Juliet Cuthbert-Flynn. She is the second sporting personality of her calibre to venture into the oven of politics. World icon, the late Herb McKenley, preceded her in the tenuous move and was twice roasted. Cuthbert-Flynn, the 1992 Barcelona Olympics double sprint silver medallist, has shown admirable courage and commitment (gender restrictions bar the word ‘cojones’) in her consummate contribution to her country. Follow this journalist to the 1995 IAAF World Championships in Gothenburg. After completing her individual sprint duties, the 100m finalist took ill and was hospitalised. In her mind, the supporting trio of Dahlia Duhaney, Beverly McDonald and Merlene Ottey needed her usual inspirational backstretch run to buttress their chances for gold in the sprint relay. The St Thomas lass, her thoughts locked on a repeat gold, as achieved by the same quartet four years prior at the Tokyo World Champs, did what was to her the only thing. She went from sickbed to track and a silver medal was forged in that crucible of sheer grit and determination, to make it Jamaica. This spoke to a rare quality of resilience and resolve to bounce back from adversity. In Barcelona, her personal catalogue could have shown gold in the 4x100m relay. With Michelle Freeman on lead off, plus the other two girls from the Tokyo triumph, barring relay trauma, top spot looked good. Her second-leg straightaway flasher was stopped short with a hamstring injury that severely compromised the second handover. Jamaica were out. The nation was rocked and moved to tears. The pain was intensified the following year with the Stuttgart World Championships. Recovery was slow and the void was filled with signs pointing her to the exit door from the sport. They sprang from the least expected of sources, some ideally positioned to enforce such a white flag hoisting. She, however, survived and Gothenburg was as recounted. Her final hurrah, at her own pace, was the 1996 Atlanta Olympics. She bade farewell with sprint relay bronze, assisted by Freeman, a near-lame Nikole Mitchell and the perennial Ottey. What a Juliet! What a warrior! What a Jamaican! She has stared down the barrel of guns held by thieving thugs. Only mention of her name saved her from a sad story. Now, at age 51, with the challenges of pregnancy, countering Zika virus precautions, she whips an incumbent who was super confident of almost automatic victory. Where is the recognition? Where is the reward? Consulted on her omission, she responded tersely: “Sorry … I do not have any comment on that matter.” For feedback, email [email protected]last_img read more

Balkman lifts Alab past HK

first_imgBalkman, who surpassed the record of 45 points set by former Singapore import Justin Howard, fired 13 points in a scintillating stretch in the final period, overpowering a Hong Kong defense led by Fil-German Christian Standhardinger, who, incidentally, is set to suit up for San Miguel Beer in the PBA after the ABL season.Justin Brownlee came up with another sterling all-around effort with 16 points, 12 rebounds and nine assists for Alab.Eastern, the No. 2 seed, broke out of the gates hard, leading 17-4 early on, before Alab flipped the switch in the second period and exploded for 36 points with Balkman scoring heavily inside the paint.Balkman promised a show in the series opener and delivered.“We just came out and played hard. That’s what the playoffs are all about. I told them we were going to put on a show when we come down here,” Balkman said.ADVERTISEMENT Truck driver killed in Davao del Sur road accident Green group flags ‘overkill’ use of plastic banderitas in Manila Sto. Niño feast AFC Cup: Ceres blanks cambodian Xi, nears knockout stage Sports Related Videospowered by AdSparcRead Next Nadine Lustre’s phone stolen in Brazil Renaldo Balkman Photo by Tristan Tamayo/INQUIRER.netJimmy Alapag knows exactly what it would take for San Miguel Alab Pilipinas to achieve its goals.“To be the best, you have to beat the best,” Alapag said after Alab eked out a 98-94 nail-biter over defending champion Hong Kong Eastern Wednesday night in the Asean Basketball League semifinals at Southorn Stadium in Hong Kong that put the Filipinos within another win of a dream title series stint.ADVERTISEMENT P16.5-M worth of aid provided for Taal Volcano eruption victims — NDRRMC With Brownlee and Balkman leading the attack, the Filipinos surged to a 75-62 lead heading into the final period, before Eastern fought back to tie the count at 94 on back-to-back triples by Tyler Lamb and Lee Ki.But Balkman recovered a loose ball in the next play, before making two foul shots. Following a Hong Kong turnover caused by Alab guard Pao Javelona, Brownlee hit two free throws with 10 seconds remaining to ice it.Reigning local MVP Ray Parks also did his part with 23 points and 10 rebounds.Alapag is again counting on his prized trio to lead the fight in Game 2, with locals Josh Urbiztondo, Paolo Javelona, and Lawrence Domingo expected to provide backup.“It’s going to take a huge effort on our part. Hong Kong will surely come out to play (hard) on Sunday, but we have to continue doing the same thing we did in Game 1. Stay focused and not get rattled,” Alapag said.Other semifinal seriesIn the other semifinal series, Mono Vampire of Thailand turned back Chong Son Kung Fu of China, 103-74, in Nanhai to also close in on a Finals berth.Jason Brickman had 25 points and 15 assists, while former University of the East guard Paul Zamar, playing as the Thais’ heritage import, contributed 20 points on 4-of-15 shooting.Like Alab, Mono can close out the series in Game 2 on Wednesday in Bangkok.The San Miguel banner is no stranger to flying high in the regional league, reaching the ABL Finals in its two-season stay and ultimately, winning it all in 2013 behind Asi Taulava, Chris Banchero, and Leo Avenido. —WITH REPORTS FROM CEDELF P. TUPAS Scientists seek rare species survivors amid Australia flames Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’center_img LATEST STORIES Don’t miss out on the latest news and information. MOST READ Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award “Anytime that you get a chance to win the championship, you’d love to play the best and you have to be able to win against them,” Alapag, a rookie head coach, added. “That’s exactly what we did (in Game 1), but make no mistake, it was a tough one.”Renaldo Balkman displayed the skills that had made him a world-class player, shooting 46 points to establish a new ABL playoff scoring mark as he led Alab in the furious endgame and allowed the Filipinos to steal homecourt edge.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownAlab can wrap this series up with a win on Sunday at Sta. Rosa Multipurpose Complex in Laguna as Alab tries to play for a championship in just its second full season in the regional league.Surpasses record Jo Koy draws ire for cutting through Cebu City traffic with ‘wang-wang’ Jiro Manio arrested for stabbing man in Marikina Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew View commentslast_img read more

8 Real-World Stories Of Why Startups Fail

first_imgAI Will Empower Leaders, Not Replace Them Tags:#startups Failure: it’s a common theme among start-up founders. In the Silicon Valley, it’s almost a badge of honor. But for all the dire statistics out there, what are the real reasons some start ups don’t make it? And what lessons can we learn from them?We asked 8 (now) successful founders from the Young Entrepreneur Council (YEC) to share why a prior start-up didn’t make it – and what they’re doing differently knowing what they know now. 1. We Did Not Have A Narrow FocusMy first start up team had a very big idea about encouraging sustainability. If we could get individuals to track how often they took small, sustainable actions—refilling water bottles, reusing paper bags, etc.—we could create a culture where reuse was prevalent. Not only were we trying to change behaviors—difficult!—but we assumed that gamification would be a critical element. And that education was a critical element. And that social sharing was critical. There was more, too.If I were to restart that business, I would focus on the root issue of encouraging sustainable actions and tackle only one aspect of it. We have seen many companies pop up in this space, but each only focuses on one of the many complex ideas. At the start, be great at something small. Then expand. —Aaron Schwartz, Modify Watches 2. We Entered The Market Too EarlyMy first company failed because it was too nascent of an idea to introduce into the market. We wanted to help people understand the risks behind social media at the corporate level. What we didn’t take into account was that clients at the corporate level didn’t know what social media was at the time. We spent so much time explaining what social media was that we never got to the point where we could explain what we actually did.If we had to do it all over again, we would have actually done social media training for corporations first, then presented the risk mitigation aspects of it. This time around, we made sure that we were entering the market during a time where our products/services made sense, so people got excited about it without us having to explain our idea! —Benish Shah, Vicaire Ny 3. We Didn’t Manage Cash Flow CorrectlyNumbers are not only the oxygen of a business, they are the vital signs as well. As a teen, I was almost entirely focused on doing what I enjoyed in the business: Creating, sales and growth. I was burning through reserves until one day, I had none left — only a large box of IOU’s. If I had done a better job keeping track of my monetary flow and following up on accounts receivable, I probably could have avoided my company’s ultimate demise.In my next (successful) businesses, I learned much more about reading and interpreting financial reports and I also hired a competent bookkeeper and accountant. If your numbers aren’t in order, you won’t be in business very long. —Kent Healy, The Uncommon Life 4. We Had Bad TimingMy first start up enjoyed initial success and had gotten a seed investment, but ultimately, we couldn’t make it work. Our business model at the time was based on job advertising. Needless to say, it was much harder to sell job ads in the fall of 2008 then in the spring of 2008, when we launched a well-received beta. We had borrowed about $25,000 each to start the company, but our money was soon gone and we were about to run out of our seed money, too. We were faced with two options — borrow even more cash, or close our doors.The question I asked myself was this: “Is this idea important enough for you to invest more of your life in?” The answer was no. The best decision I made was to start my first company; the second best was to close it down. Always know when to quit. —Kasper Hulthin, Podio 5. We Didn’t Have An AudienceHaving multiple businesses fail was the only way I learned to succeed. Specifically, I learned that my products must always fit a proven need my audience has. It never matters if I think a product will sell; it only if my audience agrees it’s something worth making. —Brian Moran, Get 10,000 Fans 6. We Weren’t Careful About Who We HiredThe first company my brother and I started was hijacked by its employees. All I have to say is hire people who are sincere and trustworthy. Protect yourself legally. Be frugal. Run lean. —Ziver Birg, ZIVELO 7. We Had Different MotivationsI tried to start an apartment listings website on my college campus with two of my roommates. They were excited to start, but that excitement waned when they realized just how much work it was going to be, including walking around in winter in Madison, Wis. taking apartment photos and gathering landlord information. What started out as a promising project slowly failed because it was a difficult idea to execute well, and my partners lost interest while they balanced their studies, partying and girlfriends.Today, I would start the business myself and hire people to do the work that my two partners were helping me with at the beginning. —Nathan Lustig, Entrustet 8. We Didn’t Spend Enough Time On Worst-Case ScenariosI’ve started three companies with business partners. The first company we grew into a seven-figure company, and the partnership was great. The second company never reached its potential because I didn’t think ahead about what we’d do if ‘X’ happened with the equity partners. In this business’s case, I devalued my own contribution to the business when we started it, then later took on too much in exchange for too little.So, always think ahead and ask yourself, “What if ‘X’ happens?” Build those scenarios into your start up agreement so everyone is on the same page from day one. When I finally realized that I couldn’t justify the role I’d taken on after roles shifted in the company—and for the share of the company I’d agreed to—motivation was lost, morale went down and progress stalled. —Trevor Mauch, Automize, LLCThe Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, the YEC recently launched #StartupLab, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses via live video chats, an expert content library and email lessons. scott gerber How to Meet the Demands of the Socially Conscio…center_img How to Cultivate the Skill of Being a Creative … Related Posts How Connected Communities Can Bolster Your Busi…last_img read more

Zaheer Khan may marry soon

first_imgWith India winning the World Cup, it seems that Zaheer Khan’s days as a bachelor will end soon.Zaheer’s parents told Headlines Today that they are planning to get him married soon.Zaheer’s mother said that the fast bowler wanted to wait for the WC to finish before tying the knot.last_img

Youth Advisory Council is seeking new members from 1218 years old

first_imgFORT ST. JOHN, B.C. – The Youth Advisory Council (YAC) is seeking youth between 12-18 years that want to do something in the community geared towards youth.When you join YAC you will; Organize Activities Gain Volunteer ExperienceEnhance Public SpeakingGain Leadership OpportunitiesRyan Harvey, Communications Coordinator shared, “The Youth Advisory Council (YAC) of Fort St. John was developed in 2010 as a potential solution toward anti-social behaviour in our community, to get a better sense of what Fort St. John’s youth would like to see in Fort St. John, and to act as a liaison between the youth of the community and City Council.” YAC meets the 1st & 3rd Tuesday of each month at City Hall from 4:30-5:30 pm. The next meeting is Tuesday, April 2, 2019.For more information email [email protected]last_img read more

Pompeo hopes India won’t buy oil from Venezuela’s Maduro govt

first_imgWashington: US Secretary of State Mike Pompeo on Monday hoped that India will not be the “economic lifeline” to the “authoritarian” regime of Venezuelan President Nicolas Maduro by purchasing oil from the Latin American country. Pompep’s comments came as Washington ramps up actions on Maduro’s regime, which is battling to hold onto power in the face of heavy domestic and international pressure. Venezuela is the third largest supplier of oil to India which is the world’s third-biggest oil consumer. Also Read – Maruti cuts production for 8th straight month in Sep The issue was discussed in a meeting with the visiting Indian Foreign Secretary Vijay Gokhale, Pompeo told reporters at a news conference here, without providing insight into it. “We are asking the same thing of India as we are of every country: Do not be the economic lifeline for the Maduro regime. So we talked about (Venezuela) I certainly won’t characterise the conversations; they’re private conversations,” Pompeo said in response to a question. Also Read – Ensure strict implementation on ban of import of e-cigarettes: revenue to Customs “In the same way that India has been incredibly supportive of our efforts in Iran, I’m confident that they too understand the real threat to the Venezuelan people. We had a good conversation around that,” Pompeo said. The Latin American country’s Oil Minister and state-run oil company PDVSA’s President Manuel Quevedo told reporters in Greater Noida in Uttar Pradesh last month that his sanctions-hit country wants to sell more crude oil to India. The US has slapped sweeping sanctions on PDVSA with a view to curb Venezuela’s crude exports and put pressure on socialist President Maduro to step down. Venezuela produces around 1.57 million barrels of oil per day, half of what it produced two decades back. With the US stopping imports from Venezuela, PDVSA is seeking to retain buyers in other big consuming countries such as China and India. At the news conference, Pompeo said the nations that support Venezuelan President Nicolas Maduro are, by the nature of this “illegitimate” regime, carrying out the very foreign interventionism of which they accuse others. “Today, the United States is drawing a clear line between those who aid the forces of repression and those who give life to the Venezuelan people’s democratic dreams. There is no ambiguity here about the truth,” he said. Similar kind of warning to other nations was issued by US National Security Adviser John Bolton. “The United States will not stand idly by while foreign financial institutions facilitate illegitimate transactions that benefit Maduro and his cronies, and perpetuate the corruption that has devastated Venezuela,” he said. Earlier in the day, the Treasury sanctioned a Russia-based bank attempting to circumvent US sanctions on Venezuela’s state-owned oil company PDVSA. It sanctioned Evrofinance Mosnarbank, a Moscow-based bank jointly owned by Russia and Venezuela, for being involved in facilitating illegitimate transactions that prolong Maduro’s usurpation of democracy, it said. “The illegitimate Maduro regime has profited off of the suffering of the Venezuelan people,” said US Treasury Secretary Steven Mnuchin. “This action demonstrates that the United States will take action against foreign financial institutions that sustain the illegitimate Maduro regime and contribute to the economic collapse and humanitarian crisis plaguing the people of Venezuela,” he said. In another tweet, Bolton asked international banks not to have relationship with the maduro regime. “Bankers: Do not help Maduro and his accomplices steal the assets of the Venezuelan people. The United States is watching. The world is watching. The Venezuelan people are watching,” he said. Maduro is facing a challenge from opposition leader Juan Guaido who declared himself acting president in January. The US views Guaido as Venezuela’s legitimate leader and has imposed sanctions on the country’s oil sector besides taking other actions targeting top government officials.last_img read more