Why is the US Relaxing Sanctions on Venezuela?

TLDR Business: / tldrbusiness
After years of tensions, it seems that Biden is becoming increasingly friendly with Venezuela's President Maduro. So in this video we'll unpack their relationship, and why America seems to be relaxing sanctions on Venezuela
💬 Twitter: / tldrnewsus
📸 Instagram: / tldrnewsus
🎞 TikTok: / tldrnews
🗣 Discord: tldrnews.co.uk/discord
💡 Got a Topic Suggestion? - forms.gle/mahEFmsW1yGTNEYXA
Support TLDR on Patreon: / tldrnews
Donate by PayPal: tldrnews.co.uk/funding
TLDR Store: www.tldrnews.co.uk/store
TLDR TeeSpring Store: teespring.com/stores/tldr-spring
Learn About Our Funding: tldrnews.co.uk/funding
TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision.
TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by just a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, following, and backing us on Patreon. Thanks!

[@Simon-tc1mc]

This is a good segment which TLDR needs to do more of. I think the main issue with this channel is that it covers very mainstream news and is often late reporting it. American news is already an oversaturated field, so you need to make unique content to stand out. Making a video about polling going up or down is boring and not many will care. This story though I've never heard of until now, so it was very engaging.

[@urax35]

The public targeted by these videos on the US is the European public which doesn’t follow American news channels so your criticism on the content of the videos of this channel doesn’t hold.

[@Tmb1112]

@@urax35 No... I don't think you're right. I'd bet the majority of their TLDR News US viewers are from the US. I don't know where you got your data from, but it's silly of you to criticize their criticism like you know the demographics of the channel viewers.

[@seank2251]

i also totally missed the news on this, theres a lot going on right now and this fell thru the cracks.

[@GwainSagaFanChannel]

I can confirm for the european audience they do not know a lot about USA news let stand news coming from Latin America our European media focuses either on domestic affaires or on economic situation.

[@urax35]

@@Tmb1112 I talked about the public targeted by these videos, not the actual public that watches the videos. These cannot confused, they are not the same thing.

[@cmdr1911]

Allowing Venezuela to export oil will hurt Russia and the Saudi's. Unlike Iran they don't pose a threat to the US. Plus American refineries need the heavy crude oil to run

[@toyotaprius79]

Venezuela was a threat when they nationalised their oil industry. To finance their socialist economy, which was already reliant on oil for decades, they rapidly pumped oil which offended russian and Saudi interests. US interests were offended because Venezuela was where their backyard oil was. Only after when SA, RU and the US teamed up to suppress and sanction Venezuela, The Obama administration ramped up fracking and Canadian tar sands to suppress Saudi and Russian dominance in the oil market. All behind the backdrop of a climate crisis you and your children are inheriting.

[@firewarp8819]

yet

[@cmdr1911]

@@firewarp8819 Ehhh even well funded they could cause damage but nothing on the scale of Iran or Russia.

[@Homer-OJ-Simpson]

You're right but Venezuela is a long way away from producing lots more oil. Chavez began policies and practices that slowed the oil output. And much of the oil reserves they have are hard to retrieve compared to Saudi oil which is just bubbling on the surface.

[@cmdr1911]

@@Homer-OJ-Simpson two years would be my guess. With more desperation and lower environmental rules you can turn the wells back on easier. With proximity to the US the cost of transportation makes sense. The recent developments in Guinea next door has brought talent, equipment and money to the area. I think it'll be quicker than development I have worked with in Ohio, Pa and WV.

[@zara02caan]

I think you should also mentioned the recent political shift in the rest of Latin American countries, especially Colombia/Chile, which have opened up more for Venezuela to recover their international diplomatic relationships

[@GwainSagaFanChannel]

Chile has had a severe increase in energy prices so this would not surprise me not forgetting they are more liberal now less conservative and has had over the years a pretty big inflow of venezolan refugees into the country.

[@Homer-OJ-Simpson]

Just an FYI, Colombia / Chile don't approve of Maduro. Chile's left wing president said The Left Must Condemn Human Rights Violations by 'Left' Governments Like Venezuela's. If they are opening up to Venezuela economically, it is not a show of support of Maduro.

[@jackyex]

Venezuela will hit a very lucky spot soon enough, with an elected left wing goverment in Brazil and Colombia, they will have quite a bit of support now.

[@endless2239]

@@Homer-OJ-Simpson petro also could gain a lot of popular support if he crowns himself as the man than convinced maduro to leave office, not a friend. the only possible real help the Venezuelan regime could have is from lula's Brasil, and even then considering how they're just moving from bolsonaros far right..... might not be as convenient as it seems.

[@ShubhamMishrabro]

There is new pink wave. Even brazil got left wing president who will open brazil trade with Venezuela just like Colombia dis

[@georgemetcalf8763]

Wow, good job, TLDR US. This hasn't been on my radar. Thank you.

[@springlink3188]

0:26 “Hint, its about oil” Every American: I have automatically been informed of everything in this video

[@Sage3356]

Now THIS Is some juicy International gossip and i am all for it

[@secularsekai8910]

Oil talks 🤷 Why do you think the US ignored all of Saudi’s human rights abuses all these years?

[@davidty2006]

Politics when oil is involved gets complicated.

[@toyotaprius79]

Same goes to why Saudi Arabia wasn't invaded for 911, but Iraq was.

[@toyotaprius79]

@@davidty2006 it's not And there's an awesome youtuber and author by the username MofreedomFoundation who has spent his career in the oil industry in the middle East.

[@GreenBlueWalkthrough]

They are a large nation located in the center of Euroasisa?

[@zandaroos553]

@@toyotaprius79 MFF’s geopolitical credibility is rather questionable though, way to overconfident on perspective the goals of the state security apparatus outside the Gulf and carries a lot of bad Austrian economics in his views

[@guss77]

The term "US backed opposition" indicates that the situation is very bad...

[@seank2251]

hence juan guidao being a non starter. 2018 wasn't a clean election but the US support of guidao has made him look like a puppet. if opposition wants to win in 24, it has to be someone else.

[@DiegoMartinez-or4sc]

Both of you are wrong. Guaido should have, legally, became the interim president according to the Venezuelan constitution. Very simple here. How are people still getting this wrong and acting like the USA put Guaido there? Quite literally following the Venezuelan constitution and law that Maduro wrote himself. Genuinely curious as to what confusion there could be. “US backed opposition”… you forgot to add the term “Western World backed”.

[@Homer-OJ-Simpson]

How so communist? The opposition is actually backed by much of the world. At least those that care for democracy. As Diego Martinez said, Guaido should have, legally, became the interim president according to the Venezuelan constitution.

[@Homer-OJ-Simpson]

@@seank2251 " US support of guidao has made him look like a puppet". You sound like a left wing puppet. Guaido was backed by most of the world's democracies. Guaido should have, legally, became the interim president according to the Venezuelan constitution. The only ones to not back Guiado were dictatorships and far left wing leaders.

[@Homer-OJ-Simpson]

@@DiegoMartinez-or4sc That's because Oded Arbel and Sean K are far leftist that support dictatorships if it's left wing. Guaido was backed by most of the world's true democracy while Maduro was backed by dictators and weak democracy states with a few far left leaders thrown in. In fact, the video even mentioned many countries backed Guidao not just the US so Arbel and Sean K chose to ignore it because of their support for authoritarian left wing dictatorships.

[@eldrago19]

The route of most Venezuela's economic problems may not be sanctions, but ultimately the effect of sanctions is generally only to hurt ordinary people. They exist so politicians can say that they are doing something without actually having to negotiate or think much about it.

[@rosenberger137]

Sanctions only work if their government actually gives a shit about their people lmao

[@GreenBlueWalkthrough]

To be fair it's that or ignore them or war...

[@endless2239]

if the Venezuelan regime wanted to avoid ordinary people being hurt by the sanctions they could have let the UN send the humanitarian mission.

[@czar6203]

@@endless2239 if I remember correctly, NK also do this. How are they now?

[@enriquegomez501]

A large reason that Venezeula does not produce that much oil is because there machines are all old, and barely get fixed. This is also why they don't extract any natural gas from there oil, when they could. My dad worked in Venezuelen oil and he told me that most people in that center fled the country causing there to be a lack of engineers. Those people were also very wealthy, so when Venezuela became socialist, most of the there money and possesions were taken away. This happen to me and my family during the early 2010's.

[@Homer-OJ-Simpson]

Along with a couple of decades of not maintaining the oil operation properly, Chavez decision to fire thousands of experienced PDVSA workers who had taken part in an industry strike in 2002-2003 gutted the state company of important technical expertise. Beginning in 2005, Chavez provided subsidized oil to several countries in the region, including Cuba, through an alliance known as Petrocaribe. Over the course of Chavez’s presidency, which lasted until 2013, strategic petroleum reserves dwindled and government debt more than doubled

[@arthas640]

During the early days of venezuelas crisis I heard numbers like 10-20 years in terms of how far behind they are on maintenance and updates/upgrades. That's likely 10+ years of average maintenance/upgrades and not 10+ years of maximum spending though, but even with ample investment and competent leadership they'll still take a long time to catch up

[@rafanadir6958]

Lo siento mucho por lo que te pasó a ti y a tu familia. :(

[@lindseylinck]

The resumed story of Venezuela's economic downfall due to economic irresponsibility in the video is so similar to the history other countries from south america, with the difference of being quicker and more dramatic, that looks like it's a matter of time for the region to have other countries falling into an abyss of misery.

[@robsonwilianwinchester9726]

It's unfortunately 😬 is already going to the region. Populist parties of south America love spending 💰 money without thinking about the future and other populist thing's like tax the riches to get more welfare state to the poor (a lot of this money in those countries go to curoption and the rich get out of the country and foreign investment very necessary to get capital to new tech to produce things from coffee to glass will go away and the region get poorer and less competitive market to outside world) and welfare make politicians very popular in the way is almost impossible to get them out of power and the poor get used to living by the state instead by theirs owns means so it's understandable but from Left ◀️ to Right ▶️ politicians don't care about longer term and sustainable thing's it's not their problem it's someone else!!! Also some politicians of this region are power hungry so they stick to the power like dictator of Venezuela Maduro!!!!

[@detectivepikachu3161]

i gave almost the exact same presentation at work like a week ago, good work covering this.

[@Javadamutt]

Don't forget that the majority of jobs in Venezuela were in state run companies especially PDVSA. Despite being state run and the source of their income the company was incredibly underfunded and wasteful with the majority of money in the company going into the pockets of officials and hi level employees on insane salaries. Very little was spent on making the company more efficient or exploration of new wells or improving equipment etc currently in use. As such oil production was constantly falling as was profit per barrel extracted Simply, even if PDVSA was tasked with supplying oil to the US, I highly doubt that the decay before the sanctions plus 4 years of further decay and under finding they will be in any state without outside assistance to produce what they previously could never mind what is required

[@buckdaman8493]

I hope this helps the economic situation for the people of Venezuela and that everyone can go to sleep with a full stomach every night . 🙏 Edit: commented before the end of the video 😅

[@toyotaprius79]

Has everyone forgotten the sanctions imposed because Venezuela nationalised their oil?

[@wnsjimbo2863]

@@toyotaprius79 their oil so they can do whatever they want with it

[@toyotaprius79]

@@wnsjimbo2863 Exactly. And that upsets oil corporations and the US. A long history of interventions and coups in Latin America is still ongoing.

[@firewarp8819]

worked so well for them that they elected a dictator

[@diegoarmando5489]

@@wnsjimbo2863 More people in the imperial core are waking up to this reality because Wastemonster Tories and "Labour" are stealing natural resources from Scotland and Wales while not even giving them enough sovereignty to implement such commonsense policies as the legislation of cannabis and the protection of their borders from Arlene Foster.

[@TheShiteLord]

So looking at the video view counts, I’m going to assume that the TLDR US channel doesn’t have too bright of a future and the US news is going to merge into TLDR Global. As an American I want to say that seeing an outsider’s view from across the pond and reporting on news here has been a great and refreshing experience. But I have to be honest and say that when I heard that there was going to be a reinvigorated focus on this channel, I was expecting more. Like a lot more. In fact looking at the videos posted on all the channels since the posting of the “Are We Killing TLDR US” video this channel has received the least uploads out of all the 5 reporting channels. And that’s not to insult the team. Keeping 5 news channels plus a podcast and business up to date is no small feat, and I commend you guys all the way for the stellar job you’ve done at keeping me informed. I can’t currently remember how many and what all stories got included on TLDR Daily and Global that were about the US but I guess I was still expecting to hear more about goings on in the US rather than just the midterms. I thought we were going to get more news about things like the ongoing stories about Kari Lake being in denial about her loss and the two Arizona counties that were refusing to certify, how Kanye’s been going full Nazi with the interviews he’s been on, the progress about the rail strike going on, reporting on Elon Musk’s Twitter Files and the Hunter Biden laptop story, more on the lead up to the Georgia runoff a few days ago and what the candidates were saying, news about the investigation and prosecutions into Donald Trump and his businesses, etc. And again, this isn’t to diss on the team, some of these stories have been mentioned on things like The Daily Briefing. But I was really expecting more and I hate to say it, but I really am disappointed that we didn’t get more on this channel. A point of view from my neighbors to the east has been a great boon. This Venezuela video and the housing video were things I wouldn’t have expected to see and have informed me on topics that were out of my periphery. I know most likely my comment won’t be seen here and even if it were it wouldn’t be enough to warrant saving this channel. But I beg of you not to kill this channel. Having US news on here makes it a lot easier to remember where and what the news going on here is like rather than having to search through multiple episodes of The Daily Briefing to find a certain US specific story. I cannot overstate how much I’ve appreciated hearing about what goes on here from you all whether it be on here or the other channels. They’re a sobering reminder that the US isn’t the center of the world. I really hope that this won’t be the end and that we’ll get more. And if not, so be it. But I had really hoped for more frequency and coverage about stories here. No matter what happens, I wish the for the best. Whether it’s incorporating more US stories into Daily and Global, keeping this channel up with the occasional upload, or my biggest hope of this channel continuing. Thank you for all you’ve done.

[@popem09]

very informative!

[@denizeralp1831]

"Hint it's about oil" Do you think we are children?

[@toyotaprius79]

If it makes the Brits feel better about their brexit..

[@cfv7461]

mayeb some are watching tho

[@johnjosephmuellerii4257]

Love these deep dives

[@Mrcheekymonkeyisback]

the thumbnail is funny haha thanks for the laugh

[@user-op8fg3ny3j]

Can you please cover the news regarding Sam Brinton? I want a more neutral recap on the controversy other than from Daily Mail or Fox News.

[@lewisbaitup6352]

Why, from what i seen they're just some gender fluid person who stole expensive lugage. Whats the news, its no mega heist?

[@cassandrawasright1481]

According to the court filing, the police officer filing the complaint claims that Sam Brinton accidentally took the wrong bag from the airport and didn't give it back because they "got nervous people would think they stole the bag and didn't know what to do." I don't know what the tabloids are saying or insinuating, but this is what the cop says happened.

[@lewisbaitup6352]

@@cassandrawasright1481 so why would they cover just some petty crime done by some random nuclear energy specialist that might have been an accident

[@alextodd5487]

Good episode.

[@alejandro_mery]

I need a "you get the idea" t-shirt

[@michaelgreen1515]

Venezuela and Iraq led the start of OPEC and still have considerable influence!!

[@dontsupportrats4089]

commenting for support of channel

[@e.sanoop110]

Nice video. Venezuelans decades long suffering shouldn't be ignored because of the disputes between the govts of US and Venezuela. Also if the sanctions are lifted and Venezuela's economy recovers, it will eventually slow down/stop the illegal migration taking place from various South American countries to the US. Hope everyone understands these issues as well.

[@GreenBlueWalkthrough]

I mean their issues are self inflected and why should the USD help a dictator oppress their people?

[@e.sanoop110]

@@GreenBlueWalkthrough there is no need to hate and punish an entire country and its citizens only because the ruling govt is bad or authoritarian. The citizens may not wholeheartedly like their government but maybe forced to do so, just like in the case of North Korea and every other non democratic nations.

[@endless2239]

@@e.sanoop110 but Venezuela was democratic until the govt started losing elections, and when people protested them it became authoritarian, what would you suggest the international community do in those cases?

[@e.sanoop110]

@@endless2239 sanctions are just compounding their economic problems, thereby forcing their citizens to become legal and illegal migrants abroad in order to have a better life. So sanctions are not viable solution, it just makes things worse. South America's economic recovery and prosperity will actually stop the illegal migration happening in the US, building bigger border walls are also not feasible as desperate people will try alternate routes and methods to reach the US. Look at solutions which will benefit everyone in the long run.

[@TheVeritas2100]

@@GreenBlueWalkthrough THEY SHOULD NOT ! ... but then Biden Cabal is in the pocket of BigArmamentIndustry ( i.e. Ukraine conflict) , and BigOilIndustry ( BIden Green Cabal HATE the native American Oil/Gas producers ! ) ... so here we go :-)

[@MrFancyDragon]

Hmm, maybe ideas for videos could be diving into state governments? Foreign policy feels like it heavily overlaps with TLDR Global. Although I do think US videos should focus more on North and South America. These relationships seem to always go under the radar in the mainstream media especially because of the language differences

[@pterodactylman136]

Hey when you can could yall go over "the Twitter files"?

[@ioannistheodorou557]

all makes me think of Mr krabs going "money, money, money, money"

[@Risviltsov]

I'd believe this is to reduce US imports of oil from the Arabian peninsula and/or diversify once again.

[@dylankahn7995]

Really good segment. Been predicting this since Ukraine got invaded.

[@feedninjacat3206]

What pray tell is that thumbnail 😂😂😂😂

[@gensischosen251]

That very cursed thumbnail right there 😂

[@toyotaprius79]

It's American grade clickbait

[@thebrokenpuppet2714]

Don’t know why this isn’t getting more attention

[@ianshaver8954]

Venezuela has oil, and at least they’re not invading their neighbors. Sanctions have an effect, but that effect is cutting deep into that country’s economy, not causing a change in leadership. Before sanctioning a country, we should ask, will sanctioning that country get us what we want? If you want a change in leadership, sanctions won’t get you that. But if you want to cut deep into a country’s ability to wage war, sanctions will get you that.

[@3bhma197]

4:33 "CHINES" seems to be a typo

[@appa609]

Chines is a real word

[@matthewsetlak5589]

You could have talked about the US railway workers and potential strikes... While this is a good video, this situation is one that urgently needs discussion and could have a lot more tangible affects on the US domestically.

[@MissesWitch]

I can only hope this will help the people in the country..

[@firewarp8819]

like oil buying from the Russians will make them more democratic or buying Cobalt from the DRC or manufacturing in China will we ever learn capitalism isn't a way to get rid of dictators

[@GreenBlueWalkthrough]

It won't as it will only enbolden a dictator.

[@evilchaosboy]

That Muduro should be a wrestler!

[@Rathial]

all I know about vene is all of the runescape gold farmers live there lol

[@waynetubr]

Its really kinda simple: An enemy of the enemy, is a friend of mine.

[@mr.fishmanman]

Murica as always

[@GasuWG]

Lets go tldr us

[@dotsoneugene]

FYI. AMERICA is using Venezuela 🇻🇪 as a way to keep important Russian oil 🛢, the oils are similar

[@torrensmith2023]

I watched on Nebula

[@theconqueringram5295]

It's what our leaders here in American do, we establish relationships with dictators when it's convent to us. It's quite frustrating.

[@zapatino2401]

Their oil. Long and short of it.

[@fistofthebrownstar]

Not really surprising. At the end of the day, every US president in my life time has played buddy buddy with dictators, so long as the dictator is sitting on a oil field.

[@RF-lg4rq]

Because of oil... end of video

[@netgnostic1627]

Waned, not wained. I think you lads should spellcheck your slides.

[@stivenstivens]

its insane that the world richest oil country is also the poorest

[@seanmorrow276]

This is the kind of content you should make for TLDR news- not just polls and elections

[@japzone]

Oof, this video didn't pop-up in my recommended so I missed it.

[@KonradvonHotzendorf]

Money 🦀

[@Homer-OJ-Simpson]

This is the first I'm hearing about this! US media likely has buried this story due to World Cup and Russia-Ukraine War. This is a good step for Venezuela and the global community. It will take some time for that oil output to increase but it might bring oil prices down a little just based on potential. And for Venezuela, it restarts talks between Maduro and the opposition. I still think little will change (Maduro will remain 'dictator', oil prices will only be affected minimally) but a good direction to go.

[@daniels7907]

Not like Trump wasn't buddies with Vlad Putin (in fact, the GOP in general has openly sided with Russia against Ukraine) and Kim Jong Un (he wrote such nice letters!). You can keep following this line pretty much through U.S. history, but most especially during the Cold War.

[@3seven5seven1nine9]

It's a simple choice really. Buddy up with some dictators, or keep gas prices high.

[@LordChevonlier]

Maderno seems horrible but the US harming Venezuelans with embargoes is a good way to make enemies. The US really needs to reconsider it's dependence on oil rather than continuing to put band aids over it

[@mkb6418]

A good deal with opposition i.e. Maduro being the president Guaido the prime minister and agreement on fair elections might solve the political crisis. Also, Venezuela shall start developing its agricultural sector to diversify their economy, this can lead out of poverty.

[@spammynacho]

Why would maduro let go of power just like that? Fidel, chavez, maduro, and the endless latin american dictator dont care about the actual country. The power and title is too comfortable

[@mkb6418]

@@spammynacho Then no deal and sanctions.

[@matsal3211]

Yay more gas for us, lower prices please

[@dgc4059]

ALRIGHT GUYS, WHATEVER YOU DO, DON’T EVEN THINK ABOUT SAUDI ARABIA

[@buckdaman8493]

If Venezuela chills out I’ll go and vacation there asap ! Be normal Maduro

[@toyotaprius79]

Pretty selfish objective

[@mikev751]

Answer to thumbnail question: oil and gas.

[@Cardistan001]

As long as it brings the gas prices down idc

[@File-kw5vg]

Because it's not right then evils ?

[@isfrom5169]

Cuba like :l

[@rpgmusik2172]

To paraphrase Biden "a four letter word: oil"

[@Funkopotomis]

Cubans be eternally waiting for our sanctions to loosen up abit

[@appa609]

Only if they go full Caputalist

[@LeftistBagel]

Informative video, click-baity title card

[@randomguy6152]

venezuela is on our side of the world and isnt east of west leaning politically we can possibly sway them over to our side and all states who can join our side is beneficial in a war effort

[@stevenbaksh5545]

I hope their country gets better as one of their neighbors that they claim they own 70% of our land I hope the Venezuelan people's hardship ends they have suffered a lot. I have seen young beautiful girls selling their bodies because it's the only way they can survive

[@dustindavis55]

Can we get tldr environment? As climate change ramps up it will be important to know how the global leviathan will be responding to it. Especially as we seem to be increasing oil production as this video indicates.

[@michaelgreen1515]

OIL would that be like Gas and Qatar?

[@danielmilian2325]

venezuela could be use as a replacement from the saudi arabia

[@tsukeisawa7786]

Start of video: Trumps sanctions failed End of video: Venezuela is in a economic crisis. Hmmm.

[@evandrodealmeidamartins3929]

Tem gue apoia os estados unidos todos os americas do sul viva a america

[@EmperorTikacuti]

Venezuela 🇻🇪 cannot experience like Peru (Piruw) 🇵🇪🏳️‍🌈 in a current political and economic crisis due to foreign intervention as an international threat.

[@jumbomuffin1316]

Oil

[@RexCogitans]

Why did you not write dictator on the thumbnail when writing about Saudi Arabia, China or Russia? (Removed reference to Operation Gideon 2020)

[@Homer-OJ-Simpson]

What US backed coup? The one you made up? Maduro is only 'popular' in VZ because millions that oppose him fled.

[@RexCogitans]

@@Homer-OJ-Simpson I'm not saying Maduro is popular. He is a dictator. But the attempted coup had almost no support from venezuelan refugees either. It's just not how most people would like to see regime change, besides a couple of idiots in the CIA, who I'm sure is in the minority there at this point.

[@Homer-OJ-Simpson]

@@RexCogitans they weren’t CIA and the fact you think so is contradictory to many like you. You probably argue how CIA was behind throwing out many leaders in the past but then you argue here that CIA is so inept. It certainly wasn’t CIA people and if CIA provided any support whatsoever it was likely very limited.

[@Homer-OJ-Simpson]

@@RexCogitans I don’t know that refugees were against that little coup. They really hate Maduro and Maduro basically did a “coup” by holding illegal elections preventing the opposition leader (not Gaudio) from winning.

[@DanafoxyVixen]

@@Homer-OJ-Simpson "You probably argue.." ah the whole 'lets make an argument you never said nor started because I wana move goal posts to try and look sane

[@seanwhitehall4652]

Because Oil prices are high and the usual dictator for that is buthurt.

[@akm824]

So Trump’s strategy failed and Venezuela came to the table due to isolation by magic? I guess it didn’t failed after all.

[@Brown-ku6du]

Poor Venezuela without Chines support

[@bladepeterson778]

It's nice to see the US trying something different with Venezuela. Maximum pressure was clearly not working and only causing the average person in Venezuela to suffer. Let's hope normalizing relations again can lead to a more prosperous and democratic Venezuela for the majority of the people.

[@virtualrealityrevolution6307]

Bye bye US

[@gamesmore6583]

What justification does the US have to sanction Venezuela. In short none. Maduro is recognized as President by the military and the courts in Venezuela. As far as I know they haven't done anything not within their rights as a sovereign nation. Much of the economic problems of Venezuela is the fault of the Venezuelan government but that doesn't justify sanctions. The US doesn't sanction Saudi Arabia which is much less democratic than Venezuela.

[@spammynacho]

So the old military leaders and his friends in court dictate life for everyone else? The people dont want him but they wont say it within the country due to fear. Of course the few that benefit will be in favor. Theres a reason for sancions

[@maximusmckellar660]

With war and everything else partners and Allie’s and enemy’s change and recommit them selfs they was an friend then enemy then new friend? So ya.

[@jayforeman5299]

Even if the reasons for this happening are selfish, like the high price of oil, I hope that Maduro and the opposition can start dialogue and come to some sort of agreement. Many Venezuelans are living in poverty and have been forced to flee due to the economic disaster there.

[@toyotaprius79]

Economic disaster? You mean US sanctions, right?

[@kingdedede333]

Based Chavez

[@danielsurvivor1372]

USA has no choice. Almost all dictatorships are oil owners and very few free nations own oil. So US has to work with someone to maintain it's current economy because it's unreasonable trying to reach 0 oil goal, *for now atleast* .

[@appa609]

The US is the biggest oil producer.

[@aprahectsion]

do

[@scnojohnson9645]

This is actually a pretty smart strategic move. I have to give my props to the biden administration for this one

[@explodingwolfgaming8024]

Commenting 4 algorithm

[@samueldsouza8797]

what is the difference between Venezuela and Saudi Arabia

[@toyotaprius79]

One of them is a US ally and untouchable. The other had been sanctioned for nationalising their oil industry.

[@aleksanderbrygmann279]

Dollar trade

[@firewarp8819]

@@toyotaprius79 Saudia Arabia has nationalized their oil. They bought it from the US with the money the companies provided them for using their oil so what's the difference again

[@ale1102]

@@firewarp8819 Venezuela nationalized their oil in 1976. The real reason for the sanctions was that Venezuela became an authoritarian state in Latin America that was very anti-USA and had ties with many of the USA's enemies such as China, Russia, and Cuba.

[@mattosmondosmond4632]

Solution let Americans produce more domestically let’s go brandon

[@jessecockrum5273]

Only because we probably need it now but we will see if that other president can help his people

[@ForestFWhite]

US meddling in other countries doesn't mean their leaders are illegitimate. Juan Guido was a joke that depended on a failed coup. As you pointed out in your video about new oil in Guyana, there is always a trap in petro booms, which many other countries fell victim to. The only difference is that the US tried to coup Venezuela, and not say the Netherlands during the gas boom.

[@endless2239]

might I ask, what coup exactly is this were guiado participated?

[@ecoandrei328]

I'd rather see Maduro get some sweet petrodollar than giving it to that arabian prince

[@erez2111]

Please do an episode on the dying U.S. journalism both with the spread of news deserts and the loss of trust.

[@toyotaprius79]

UK journalism is in the same boat. You know, NewsCorp and dark money from TurningPoint USA/UK.

[@scratchy996]

That's not news. This is a news channel.

[@adamnintindo]

3:42 please explain the decision on the graphic choice.

[@wiktorjachyra1869]

Pretty much what this will do is benefit the next president with slightly cheaper oil which most likely will be a republican

[@PhillipHilton]

It's a toss up right now. Overturning Wade vs. Rowe wrecked the Republicans in the mid-terms. Trump is still circling and splitting focus. Also, thr tired old slogans and culture war garbage isn't working like it did before for his acolytes. The Democrats have a shot.

[@wiktorjachyra1869]

@@PhillipHilton yeah thats very true, didn't think about trump splitting the vote part.....I'm just going off how when its democrats doing beneficial stuff Republicans just use dumb topics like gas prices with their dumb voters and manage to win

[@aleksanderbrygmann279]

You can't be "The Norway of latin america" without being a NATO member. Only reason Norway could avoid the same economic warfare from USA

[@antonk.2748]

Thats bullshit and you know it, there is lots of oil producing countries that are not NATO members or even US allied nations. Angola jumps to mind, Nigeria, Indonesia, Malaysia, Brunei, Azerbaijan and probably many more I forgot. The problem with most of these nations (and also Venezuela) is that they are run by more or less corrupt governments that pocket the oil wealth for themselves instead of actually building up their economies and improving their citizens lifes in the long term. This lazy and unimaginative black and white conspiracy theory/mindset that the US only allows "friendly" nations to develop their economies is so frustrating especially as it always (and that is probably the goal of the entire "argument") shifts the blame away from the corrupt elites that run these countries to someone else. "People I tell you, its not our corrupt and incompetent leadership that keeps us poor, its the US and the West, its all their fault, dont blame (insert corrupt petro state dictator here), blame them!"... Note: I am not saying the US isnt happily profiting of dictatorships like that or that they are afraid of toppling a democratically elected government or start a war for their profit, but your comment misses the point entirely!