Venezuela’s economy will be a mess for whoever runs it next
CNN
HED: Venezuela’s economy will be a mess for whoever runs it next
President Donald Trump said Tuesday night that Venezuela will turn over 30 million to 50 million barrels of oil to the United States, to be sold at market value and with the proceeds controlled by the US.
President Donald Trump has spoken in unequivocal terms: US oil companies are headed back to Venezuela, they’ll spend the tens of billions of dollars required to restore the country’s energy infrastructure, and they’ll reap the potentially enormous rewards.
China has banned exports of some rare earth elements and other items to Japan that could be used for military purposes, straining already tense relations between the two countries following the Japanese prime minister’s recent remarks on Taiwan.
The American Dream has never felt further out of reach. And it’s not just because the house with the white-picket fence and the nanny to care for the children are unaffordable. They’re also, for many, unavailable.
Leaders of the Corporation for Public Broadcasting, a private agency that has steered federal funding to PBS, NPR and hundreds of public television and radio stations across the country, voted Monday to dissolve the organization that was created in 1967.
President Donald Trump may have made a major miscalculation about Venezuela’s oil.
With its new Galaxy Z TriFold, Samsung is betting it can wow consumers with an iPad-sized screen that folds up like a brochure to fit neatly in your pocket.
Like so many of Trump’s talking points, this one has its roots in the conservative media he consumes.
At 7 a.m., the earth began to rumble. Suddenly, oil blew out of its well in a massive eruption that towered 200 feet in the air and sprayed the fearful villagers of La Rosa.
The gas pump has emerged as a rare source of relief for Americans drowning in higher prices – and that positive trend is expected to continue in 2026.
President Donald Trump said he’s counting on American companies to rebuild Venezuela’s battered oil industry.
Heading into 2025, US stock valuations were already relatively expensive compared to the rest of the world, creating an incentive for investors to look for returns in different markets.
Venezuelan President Nicolás Maduro has been captured and flown out of the country following a largescale US strike on Caracas, leaving behind uncertainty for the country – and its massive oil reserves.