Despite US President Donald Trump’s promises, experts believe it will take years before oil production in Venezuela increases significantly again. Even if US companies were to invest billions as promised by Trump, this would be opposed by dilapidated infrastructure, security concerns and political instability, analysts told the Reuters news agency on Monday.
In addition, the sanctions would first have to be lifted and the country’s laws changed to allow foreign investments. “If Trump and others manage a peaceful transition with little resistance, then in five to seven years there will be a significant increase in oil production,” said energy strategist Thomas O’Donnell. However, a failed transition could lead to years of resistance.
Leading US Democrats accuse President Donald Trump’s government of serious deception over its plans for military operations in Venezuela. He and others were “left completely in the dark,” says Senate Democratic leader Chuck Schumer. He had previously been assured in secret briefings that no military operation was planned. Trump says he didn’t fully inform Congress because of concerns about leaks.
According to US President Donald Trump, “many” Cuban citizens were killed in the US military operation in Venezuela and the capture of President Nicolás Maduro. “Many Cubans lost their lives last night,” Trump said in an interview with the New York Post on Saturday. “You protected Maduro. That wasn’t a good move,” the US president added.
“Cuba has always been very dependent on Venezuela. That’s where they got their money from and they protected Venezuela, but in this case it didn’t work so well,” Trump continued. However, Trump did not provide any further information on the number of those allegedly killed. He also provided no evidence for the statements. According to US information, Cuban special forces have been deployed to protect the president in Venezuela for some time.
