"[translated] In this law is President Nicolás Maduro's vision for the future, because there are those who think we pulled this law out of nowhere. No, we had already studied this law, its reform, together with President Maduro. I feel moved to be able to tell him from Caracas, his birthplace: President Maduro, we are delivering for you. We are delivering for the first combatant Cilia Flores. And we are delivering for the people of Venezuela."
"This is a deal for the interim government led by Delcy Rodríguez that historian Greg Grandin calls "governing under the blade." In a further shift away from the nation-building foreign policy of the past several decades of U.S. power, "what the United States is planning for Venezuela is basically to run the country as a vassal state," he says. "This is an arrangement with transactional details that we've never seen before.""
Following the abduction of President Nicolás Maduro and his wife Cilia Flores, Venezuela's interim government agreed to submit a monthly budget to the Trump administration, which will release funds from an account financed by oil sales. Interim leader Delcy Rodríguez signed legislation to open the oil industry to privatization, reversing long-standing Chavista principles. The Trump administration lifted some sanctions to facilitate U.S. company access to Venezuelan crude. Historian Greg Grandin characterizes the arrangement as "governing under the blade" and warns that the United States is planning to run Venezuela as a vassal state through unprecedented transactional control.
Read at Truthout
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