Tag: Venezuelan government concessions

Venezuela’s Trajectory: Revolutionary or Servile?

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Since the January 3, 2026, US assault on Venezuela, the course being set by the country’s acting president Delcy Rodríguez has been at the center of a debate, both among the Venezuelan people and among those around the world — especially in the United States — who oppose US imperialism’s hegemonic designs in the hemisphere. Is the Rodríguez government carrying forward the legacy of the social reforms that characterized the presidency of Hugo Chávez? Is the working class the motor force behind change in present-day Venezuela, or have workers and peasants been demobilized and demoralized? Do the many deals being made with Washington represent a necessary retreat or are they a betrayal of the country’s working people? Among those joining the discussion was Argentine writer Diego Molinas. His column is published in this post.

Washington Takes New Steps to Plunder Venezuela’s Oil

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Caracas Hands Over Nation’s Patrimony for Next Century — “BIGGEST OIL DEAL IN WORLD HISTORY,” US president Donald Trump shouted from his X account on August 28, 2026. Touting the US acquisition of majority control over one fifth of Venezuela’s oil reserves, he claimed the arrangement comes at “no cost to the American Taxpayer … and will substantially lower Gas Prices for all Americans, long into the future.” On the Venezuelan side, Rodríguez claims the deal will generate $200 billion in tax and royalty revenues for her country. But the deal is nothing short of highway robbery at the point of an imperial sword.