Money, Wealth & Power—A Daily Look at the Financial World
The clash between the White House and Big Oil over who gets paid to rebuild Venezuela’s shattered energy sector has moved from quiet lobbying to an open confrontation. President Donald Trump is promising a bonanza of investment and cash flow while threatening to sideline some of the industry’s biggest players, turning a foreign policy gamble…
President Donald Trump has turned Cuba into the next test case of his hard-edged energy diplomacy, telling Havana to make a deal with Washington “before it’s too late” and tying the island’s economic survival to decisions made in Caracas. His message is blunt: with a key ally in Venezuela shaken, Cuba must choose between accommodation…
Greenland looks like a frozen blank on most maps, yet beneath its ice lies a resource story that could reshape global energy and technology. From oil and gas to rare earths and graphite, estimates of what the island might hold routinely stretch into the hundreds of billions of dollars, and some analysts argue the long…
President Donald Trump is pitching a sweeping plan to channel roughly $100 billion of private oil money into Venezuela, casting it as a win for U.S. energy security and a lifeline for the country’s shattered industry. Inside the room with the executives who would have to write those checks, however, the mood is far more…
The claim that Joe Biden personally slapped a $25 million bounty on Nicolás Maduro has raced across social media, but the reality is more bureaucratic and more rooted in decisions that began before he took office. The reward on the Venezuelan leader grew out of long running U.S. narco terrorism charges and a standing State…
China’s decision to punish Boeing and a slate of other American defense giants after President Donald Trump approved an $11 billion weapons package for Taiwan marks a sharp escalation in the contest over the island’s future. The move fuses trade, technology, and security into a single pressure campaign, turning corporate balance sheets into collateral in…
Donald Trump has claimed that China stopped buying American soybeans during Joe Biden’s presidency, casting himself as the only leader who could reopen that market. The trade data tell a very different story, showing steady Chinese demand and, in key years, larger shipments under Biden than during Trump’s first term. The gap between the rhetoric…
Taiwan’s decision to pour $40 billion into new weapons and defenses has collided with a sharp turn in global geopolitics, as President Donald Trump throws Washington’s weight behind the island just as China tightens its partnership with Russia. The result is a three-way test of resolve in Asia, where military budgets, diplomatic statements and arms…
President Donald Trump is recasting Washington’s approach to Venezuela with a mix of military pressure, legal brinkmanship and sudden outreach to President Nicolas Maduro. The shift replaces years of mostly rhetorical confrontation with a more kinetic and unpredictable strategy that reaches from Venezuelan airspace to potential land operations. It is a new phase that could…
President Donald Trump has moved a simmering dispute with Caracas into the skies, declaring that the airspace above and around Venezuela should now be treated as off limits. His warning, delivered in public remarks and amplified online, instantly raised questions about legal authority, aviation safety and the next phase of a long running confrontation with…