Ventures launched by the Trump family since Donald Trump’s reelection have generated at least $4 billion in proceeds and paper wealth for the Trump family. With investments across sectors like real estate, hospitality, media, cryptocurrency and more, the Trumps are “increasingly integrating their business empire” into the wider U.S. economy, says David Uberti, who has been reporting on the family’s self-enrichment for The Wall Street Journal. The coupling of Trump’s economic and political influence is raising major questions about conflicts of interest. “You have all of these different business interests in different areas in which the government regulates,” and this “proximity to power may help along some of these deals […]

The share prices of U.S. oil companies surged following the Trump administration’s attack on Venezuela and abduction of its president, Nicolás Maduro. In public statements, Trump has been clear about his desire to reassert U.S. corporate control over Venezuela’s nationalized oil industry. Now with Trump’s show of force over Venezuela’s political sovereignty, many investors see the potential for a similar overpowering of the socialist country’s economic independence. However, notes financial reporter David Uberti, it won’t be so easy for Wall Street to make a profit. In addition to upgrading Venezuela’s “decrepit” oil-producing infrastructure, “they have to push for more appetite for oil around the world.”

The share prices of U.S. oil companies surged following the Trump administration’s attack on Venezuela and abduction of its president, Nicolás Maduro. In public statements, Trump has been clear about his desire to reassert U.S. corporate control over Venezuela’s nationalized oil industry. Now with Trump’s show of force over Venezuela’s political sovereignty, many investors see the potential for a similar overpowering of the socialist country’s economic independence. However, notes financial reporter David Uberti, it won’t be so easy for Wall Street to make a profit. In addition to upgrading Venezuela’s “decrepit” oil-producing infrastructure, oil companies must push for a greater share of the energy marketplace, just as […]

Zeteo's Mehdi Hasan outlines Donald Trump's “Donroe Doctrine,” a throwback foreign policy exemplified by the Trump administration’s shocking intervention in Venezuela. With his claims of U.S. sovereignty over nations in the Western Hemisphere, “Trump’s basically saying, 'Well, this is ours, and China, Russia can have their spheres of influence.' And it is very 19th-century-esque. ’Let’s divide up the world between the powers.’” This orientation is a major shift from U.S. foreign policy of recent decades, such as the 2003 invasion of Iraq, when interventionist actions were framed around ideological motivations, explains Hasan. “They said it was WMDs. They said it was democracy. They said it was al-Qaeda. They at least […]

Nicolás Maduro and Cilia Flores Plead “Not Guilty” to Drug and Weapons Charges in U.S. Court, Venezuelan VP Delcy Rodríguez Sworn In as Interim President, U.S. Assault on Venezuela Condemned by Allies and Adversaries Alike at U.N. Security Council, Grand Rapids Police Arrest Protest Antiwar Organizer on TV After She Condemns Trump, WSJ: Trump Tipped Off Oil Executives a Month Before U.S. Attack on Venezuela, Venezuelan Opposition Leader Machado Says She Plans to Return to Venezuela, Danish Prime Minister Warns U.S. Attack on Greenland Would Mean the End of NATO, Israel Launches Airstrikes in Lebanon, Claiming to Target Hezbollah and Hamas, U.S. Drops the Number of Vaccines Recommended for Every Child, Democrats Demand Speaker Johnson […]