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11.01.26 - 15:16
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Trump signs executive order to safeguard Venezuelan oil revenue (The Hill)
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President Trump signed an executive order to protect Venezuelan oil revenue from being used in judicial proceedings, a week after U.S. forces initiated a covert operation to capture Venezuelan President Nicolás Maduro. The executive order, signed Friday and made public on Saturday, declared a national emergency to ensure Venezuelan oil revenue held in U.S. Treasury......
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11.01.26 - 12:48
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Trump move for Venezuela′s resources likely to weaken economic might of US | Heather Stewart (The Guardian)
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Oil is American president's motivation but his concept of economic success feels as outdated as his music tastesThe word “loot” entered the English language from Hindi in the late eighteenth century, as the rapacious East India Company plundered its way across the subcontinent.It was a trading company, not a state – but it had the imprimatur of the English crown and its own large private army, mingling commerce and military force and opening the way for British imperial dominance of India. Continue reading......
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11.01.26 - 05:18
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Escobar: How Trump′s Oily Dreams May Collapse In A Venezuelan Dark Pit (ZeroHedge)
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Escobar: How Trump's Oily Dreams May Collapse In A Venezuelan Dark Pit
Authored by Pepe Escobar,
So the Big Oil Picture in Venezuela is way more complex than the Trump 2.0 gang suspects...
Let's start with neo-Caligula's new edicts on the imperial satrapy he says he now owns; not exactly edicts but outright threats directed to interim President Delcy Rodriguez:
Crack down on “drug trafficking flows”. Well, this should actually be directed to Colombian and Mexican smugglers in cahoots with big American buyers.
Expel Iranian, Cuban, and other “operatives hostile to Washington” – before Caracas is allowed to increase oil production. Not happening.
Halt oil sales to “US adversaries”. Not happening.
Hence it becomes a near certainty that neo-Caligula may bomb Venezuela again.
Neo-Caligula, in a separate motormouth offensive, also clarified that he wants to somewhat overhaul the oil business in Venezuela via subsidies. It “could take less than 18 months”; then it mo...
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11.01.26 - 00:12
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"Uninvestable": Trump′s $100 Billion Venezuela Gamble Meets Oil Industry Reality (ZeroHedge)
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"Uninvestable": Trump's $100 Billion Venezuela Gamble Meets Oil Industry Reality
President Donald Trump's push for U.S. oil companies to commit at least $100 billion toward rebuilding Venezuela's energy industry is meeting significant resistance from the very executives he is courting, according to Bloomberg.
Although the White House projects confidence, industry leaders are warning that Venezuela remains too unstable for major investment, with Exxon Mobil CEO Darren Woods describing the country bluntly as “uninvestable.”
At a closed-door meeting Friday with roughly 20 energy executives, Trump said he expected an agreement “today or very shortly thereafter” to restart large-scale drilling in Venezuela following the removal of Nicolás Maduro. He applied direct pressure, telling the group, “If you don't want to go in, just let me know, because I've got 25 people that aren't here today that are willing to take your place.”
Publicly, many executives praised the opportu...
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