Sunday, February 8, 2026
Venezuela
Venezuela is another example of how Trump sees the world vs other US presidents. In the past, when the US wanted to help or influence other countries, money was sent. This was the case with some Central American countries to help stem the tide of immigrants. Instead of sending money to Venezuela, Trump is selling their oil for them and then using the proceeds to pay for basic services like police protection, teachers salaries and healthcare. The US is overseeing the disbursement of these funds to minimize corruption. The first $500 million in oil sale was put in a Qatari bank to protect it from creditors and returned to Venezuela. The transactions are overseen by Secretary of State Rubio and the payments are subject to a retroactive audit to ensure the funds are used as intended. This is more difficult than just sending money and may not work but it is trying a different approach.
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