What the oil industry reset following the US assault on Venezuela means for Canada

Richard Masson, Vice-Chair of the World Petroleum Council, says Venezuela’s oil production has been in long-term decline and there has been a ‘huge overreaction’ with what this means for Canada.

Canada has to be ‘very careful’ as U.S. has become a less reliable partner

 

Trump’s wish for western dominance, will leave the Americans with nothing [Updated]

The division of the world into spheres of influence implies that smaller countries cannot influence events, and it’s a grave mistake to imagine Venezuelans won’t try. Many of them wanted an American intervention, are overjoyed that Maduro is gone, and no wonder: He and his predecessor, Hugo Chávez, together turned the richest country in South America into the poorest, fortifying their ugly security state with guns and surveillance systems purchased from autocracies around the world.

But now that Maduro is gone, the people who fought for years for justice, freedom, and self-determination aren’t going to want to live in a Trump-backed dictatorship staffed with Maduro’s cronies. One Venezuelan exile, who requested anonymity because of risks to his family, told me that on Saturday, he felt like he was on a roller coaster. First the elation of Maduro’s exit, then the shock of Trump’s press conference, then the angry realization that maybe nothing has changed and he still can’t go home.

Continue reading “Trump’s wish for western dominance, will leave the Americans with nothing [Updated]”