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drtgh | 1 month ago
Oil industry in Venezuela is Chinese, or for China, this is not gonna change either.
What we are seeing here is a show, or may be also more related to Venezuela being a narco-state.
drtgh | 1 month ago
Oil industry in Venezuela is Chinese, or for China, this is not gonna change either.
What we are seeing here is a show, or may be also more related to Venezuela being a narco-state.
0xB31B1B|1 month ago
The oil production there is completely decimated. They have huge reserves but production is low and falling because the regime doesn't do any maintenance or support of anything in the oil production and supply chain. It is very much the meme of "living in the ruins of a once great society".
goatlover|1 month ago
r721|1 month ago
>Her brother, Jorge Rodriguez, the head of the national assembly, is in Caracas, three sources with knowledge of his whereabouts said.
https://www.reuters.com/world/americas/venezuela-vice-presid...
r721|1 month ago
>While reports circulated that Ms. Rodríguez was in Russia at the time of the attacks, Ms. Rodríguez is in Caracas, according to three people close to her. Russian state media also denied reports that she was in Moscow.
https://www.nytimes.com/2026/01/03/world/americas/maduro-ven...
mapontosevenths|1 month ago
"Trump says that the US is going to be "strongly involved" in Venezuela's oil industry moving forward." [0]
[0] https://www.bbc.com/news/live/c5yqygxe41pt
card_zero|1 month ago
(Permalink, since it's on the second page of the live thread now.)
This live format is kind of irritating. Here's another one:
> He claims the oil business in Venezuela has been a "bust", and that large US companies are going to go into the country to fix the infrastructure and "start making money for the country"
https://www.bbc.com/news/live/c5yqygxe41pt?post=asset%3A27af...
drtgh|1 month ago
I mention Taiwan because I think it is the only currency that could make the Chinese government give up those barrels of oil without retaliating.
ErneX|1 month ago
pstuart|1 month ago
actionfromafar|1 month ago
pqtyw|1 month ago
Today. She's still part of the same regime and party. It's not obvious Trump will let her stay in charge. Also the control the government had over the criminal gangs/syndicates/cartels was seemingly very weak anyway. Even if the current decapitated regime is allowed to stay it won't be very strong.
CSMastermind|1 month ago
Alternatively there's María Corina Machado who overwhelmingly won the presidential primary for that election but wasn't allowed to run.
skippyboxedhero|1 month ago
I am not sure what you mean by "control the government had"...they are the same thing. It is like the situation with IRA and Sinn Fein, this bizarre roleplay where people (for various reasons) went to massive effort to imply they were separate when it was obvious they were led by the same people. There is no distinction between the government and cartels...the assumption that there is makes no sense at all given the latitude they have to operate.
jacquesm|1 month ago
What's he going to do, kidnap her? Oh, wait.
slim|1 month ago
smcl|1 month ago
That is an insane take
ethbr1|1 month ago
I'm skeptical, as it seems to have that ring of circa-2003 WMD justification about it, but I won't dismiss it out of hat.
And if the US intends to prosecute Maduro on drug crimes in SDNYC (good!), then they'll have to present evidence to the court, which presumably means they think they have a case.
Personally, I doubt Maduro intentionally ran a narco-state as a primary focus. But I can very much see a sizable narcotics enterprise, with state support, being used as a key way for him to enrich select supporters absent a viable economy. Money to pay the generals has to come from somewhere...