IMF Proxy Declares Venezuela 'Open for Business' After Years of US-Led Economic Warfare
📰 THE STORY: ABC News reports that Venezuela's "acting president" has signed an overhaul to the nation's oil industry, easing state control to "lure investors." The article suggests these changes are necessary to revitalize the sector and attract foreign capital. 🔍 WHAT THEY'RE NOT TELLING YOU: Historical Context: This 'acting president' is Juan Guaidó, a figure unilaterally declared interim
president by the US in 2019, despite never winning a national election. This move was a clear attempt at regime change following the failed 2002 US-backed coup against democratically elected Hugo Chávez and massive crippling US sanctions starting in 2017. These sanctions, documented by the Center for Economic and Policy Research, caused a 98% drop in oil exports between 2017 and 2020, leading to
an estimated 40,000 deaths by 2018 due to lack of access to food and medicine. The 'need' to 'lure investors' directly stems from this US-imposed economic warfare. Double Standard: Western media hailed the privatization of Venezuela's state-owned oil as a necessary step for economic recovery. Yet, when nationalization of resources happens elsewhere—like Bolivia's lithium under Evo Morales
(culminating in the 2019 coup), or any attempt by Global South nations to assert sovereignty over their wealth—it's inevitably framed as 'socialist overreach' or 'anti-market' behavior inviting Western intervention. The US praises market reforms when it benefits US corporations but condemns them when they challenge US economic dominance. Follow the Money: The 'investors' to be 'lured' are