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The sizable death toll adds meaning to President Donald Trump's public remarks that the operation he approved was "effective" but "very violent."
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The share prices of U.S. oil companies surged following the Trump administration's attack on Venezuela and abduction of its president, Nicolás Maduro. In public statements, Trump has been clear about his desire to reassert U.S. corporate control over Venezuela's nationalized oil industry. Now with Trump's show of force over Venezuela's political sovereignty, many investors see the potential for a similar overpowering of the socialist country's economic independence. However, notes financial reporter David Uberti, it won't be so easy for Wall Street to make a profit. In addition to upgrading Venezuela's "decrepit" oil-producing infrastructure, "they have to push for more appetite for oil around the world."
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_Zeteo_'s Mehdi Hasan outlines Donald Trump's "Donroe Doctrine," a throwback foreign policy exemplified by the Trump administration's shocking intervention in Venezuela. With his claims of U.S. sovereignty over nations in the Western Hemisphere, "Trump's basically saying, 'Well, this is ours, and China, Russia can have their spheres of influence.' And it is very 19th-century-esque. 'Let's divide up the world between the powers.'" This orientation is a major shift from U.S. foreign policy of recent decades, such as the 2003 invasion of Iraq, when interventionist actions were framed around ideological motivations, explains Hasan. "They said it was WMDs. They said it was democracy. They said it was al-Qaeda. They at least pretended that it wasn't about the oil." Meanwhile, Trump is brazen about his aims to seize control of Venezuela's resources and demonstrate that "might is right."
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