Author: dizzy

  • Analysis Reveals Wall Street Titans Behind Big Oil Profiteering Push in Venezuela

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    Original article by Stephen Prager republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

    In an aerial view, the ExxonMobil Baytown Refinery is seen on January 13, 2026, in Baytown, Texas. (Photo by Brandon Bell/Getty Images)

    Since 2021, top Wall Street banks have committed more than $124 billion in investments to the nine companies set to profit most from the toppling of Venezuela’s government.

    As oil industry giants are being set up to profit from President Donald Trump’s invasion of Venezuela, a new analysis shows the ample backing those companies have received from Wall Street’s top financial institutions.

    Last week, Bloomberg reported that stock traders and tycoons were “pouncing” after Trump’s kidnapping of President Nicolás Maduro earlier this month, after having pressured the Trump administration to “create a more favorable business environment in Venezuela.”

    RECOMMENDED…

    VENEZUELA-US-CONFLICT-CRISIS-OIL

    Democrats Launch Probe to Learn What Trump Told Oil Giants About Venezuela Attack—and When

    People participate in a “No War on Venezuela” protest

    Trump Meeting With Big Oil Underscores Venezuela Agenda: Enriching ‘Himself and His Fossil Fuel Donors’

    A dataset compiled by the international environmental advocacy group Stand.earth shows the extent to which these interests are intertwined.

    Stand.earth found that since 2021, banks—including JPMorgan Chase, HSBC, TD, RBC, Citigroup, Wells Fargo, and Bank of America—have committed more than $124 billion in investments to the nine companies set to profit most from the toppling of Venezuela’s government.

    More than a third of that financing, $42 billion, came in 2025 alone, when Trump launched his aggressive campaign against Venezuela.

    (Graphic from Stand.earth)

    Among the companies expected to profit most immediately are refiners like Valero, PBF Energy, Citgo, and Phillips 66, which have large operations on the Gulf Coast that can process the heavy crude Venezuela is known to produce. These four companies have received $41 billion from major banks over the past five years.

    Chevron, which also operates many heavy-crude facilities, benefits from being the only US company that operated in Venezuela under the Maduro regime, where it exported more than 140,000 barrels of oil per day last quarter.

    At a White House gathering with top oil executives on Friday, the company’s vice chair, Mark Nelson, told Trump the company could double its exports “effective immediately.”

    According to Jason Gabelman, an analyst at TD Cowen, the company could increase its annual cash flow by $400 million to $700 million as a result of Trump’s takeover of Venezuelan oil resources.

    Chevron was also by far the number-one recipient of investments in 2025, with more than $11 billion in total coming from the banks listed in the report—including $1.78 billion from Barclays, another $1.78 billion from Bank of America, and $1.32 billion from Citigroup.

    According to Bloomberg, just weeks before Maduro’s removal, analysts at Citigroup predicted 60% gains on the nation’s more than $60 billion in bonds if he were replaced.

    Even ExxonMobil, whose CEO Darren Woods dumped cold water on Trump’s calls to set up operations in Venezuela on Friday, calling the nation “uninvestable,” potentially has something major to gain from Maduro’s overthrow.

    Exxon and ConocoPhillips each have outstanding arbitration cases against Venezuela over the government’s 2007 nationalization of oil assets, which could award them $20 billion and $12 billion, respectively.

    The report found that in 2025, ExxonMobil and ConocoPhillips received a combined total of more than $12.8 billion in investment from major financial institutions, which vastly exceeded that from previous years.

    Data on these staggering investments comes as oil companies face increased scrutiny surrounding possible foreknowledge of Trump’s attack on Venezuela.

    Last week, US Senate Democrats launched a formal investigation into “communications between major US oil and oilfield services companies and the Trump administration surrounding last week’s military action in Venezuela and efforts to exploit Venezuelan oil resources.”

    Richard Brooks, Stand.earth’s climate finance director, said the role of the financial institutions underwriting those oil companies should not be overlooked either.

    “Without financial support from big banks and investors, the likes of Chevron, Exxon, ConocoPhillips, and Valero would not have the power that they do to start wars, overthrow governments, or slow the pace of climate action,” he said. “Banks and investors need to choose if they are on the side of peace, or of warmongering oil companies.”

    Original article by Stephen Prager republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

    Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
    Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
    Donald Fuhrump says that Amerikkka doesn't bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
    Donald Fuhrump says that Amerikkka doesn’t bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
    Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
    Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.

  • Trump envoy says Gaza ceasefire enters 2nd phase focused on demilitarization, reconstruction

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    This work by Middle East Monitor is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

    United States Special Envoy to the Middle East Steve Witkoff in Washington, D.C., United States on February 04, 2025. [Celal Güneş – Anadolu Agency]

    US President Donald Trump’s special envoy announced on Wednesday the start of the second phase of the Gaza ceasefire plan, saying the focus will shift to demilitarization, technocratic governance, and reconstruction, Anadolu Agency reports.

    “Phase Two establishes a transitional technocratic Palestinian administration in Gaza, the National Committee for the Administration of Gaza (NCAG), and begins the full demilitarization and reconstruction of Gaza, primarily the disarmament of all unauthorized personnel,” Steve Witkoff said in a statement on the US social media platform X.

    He said the US expects Palestinian group Hamas to fully comply with its obligations under the agreement, including “the immediate return of the final deceased hostage.”

    “Failure to do so will bring serious consequences,” Witkoff added.

    He also thanked Turkiye, Egypt and Qatar “for their indispensable mediation efforts that made all progress to date possible.”

    READ: UK’s Starmer considers joining Trump’s Gaza ‘peace board’

    Palestinian groups earlier Wednesday voiced support for the establishment of the transitional administrative body for Gaza, urging swift steps to enable it to immediately take over governance responsibilities in the territory.

    The stance was announced in a joint statement following a meeting in Cairo convened at Egypt’s invitation and held under the patronage of President Abdel Fattah al-Sisi, according to Egypt’s state-run Al-Qahera News.

    According to the statement, the groups stressed the need to create suitable conditions for the transitional body to promptly assume full responsibility for managing daily life in Gaza, including essential public services.

    They said the body would work in coordination with a “peace council” and its executive committee, which are expected to oversee the approval and implementation of Gaza’s reconstruction process.

    Palestinians have accused Israel of repeatedly violating the ceasefire that halted Israel’s brutal war that has killed more than 71,000 people, mostly women and children, and injured over 171,000 others since October 2023.

    Nearly 450 Palestinians have been killed and over 1,200 others injured in Israeli attacks since the ceasefire, according to the Health Ministry.

    Israel has also refused to reopen Gaza’s crossings despite a UN Security Council resolution adopted in November 2025 calling for a permanent and comprehensive ceasefire in the enclave, unimpeded delivery of humanitarian aid and the reconstruction of the territory.

    READ: Egypt and Turkey coordinate positions on Gaza ceasefire, Sudan crisis and Somalia

    This work by Middle East Monitor is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

    Experiencing issues with this image not appearing. I suspect because it's so critical of Zionist Keir Starmer's support of and complicity in Israel's genocides.
    Genocide denier and Current UK Prime Minister Keir Starmer is quoted that he supports Zionism without qualification. He also confirms that UK air force support has been essential in Israel’s mass-murdering genocide. Includes URLs https://www.declassifieduk.org/keir-starmers-100-spy-flights-over-gaza-in-support-of-israel/ and https://youtu.be/O74hZCKKdpA
    Keir Starmer objects to criticism of the IDF. He asks how could anyone object to them starving people to death, forced marches like the Nazis did, bombing Gaza's hospitals and universities, mass-murdering journalists, healthworkers and starving people queuing for food, killing and raping prisoners and murdering children. He calls for people to stop obstructing his genocide for Israel.
    Keir Starmer objects to criticism of the IDF. He asks how could anyone object to them starving people to death, forced marches like the Nazis did, bombing Gaza’s hospitals and universities, mass-murdering journalists, healthworkers and starving people queuing for food, killing and raping prisoners and murdering children. He calls for people to stop obstructing his genocide for Israel.
    Orcas discuss Genocide-supporting and complicit Zionists. Donald Trump, Keith Starmer, David Lammy, Rachel Reeves, Angela Rayner and Wes Streeting are acknowledged as evil genocide-complicit and supporting cnuts.
    Orcas discuss Genocide-supporting and complicit Zionists. Donald Trump, Keith Starmer, David Lammy, Rachel Reeves, Angela Rayner and Wes Streeting are acknowledged as evil genocide-complicit and supporting cnuts.

  • Randa Abdel-Fattah files defamation notice over Israeli lobby smear

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    This work by Middle East Monitor is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

    Palestinian-Australian academic and writer Randa Abdel-Fattah. [Instagram/@randaafattah]

    Palestinian-Australian author and academic Randa Abdel-Fattah has announced that her lawyers have issued a formal concerns notice under Australia’s Defamation Act to South Australian premier Peter Malinauskas, following weeks of public controversy surrounding her exclusion from Adelaide Writers’ Week.

    In a statement published on social media, Abdel-Fattah said the legal step was taken after what she described as sustained misrepresentation and political targeting by the premier. “My lawyers have today issued a concerns notice under the Defamation Act on Premier Malinauskas,” she wrote. “This is his opportunity to undo some of the harm he has inflicted, and stop punching down.”

    The move comes after Adelaide Writers’ Week was abruptly cancelled earlier this month amid mounting backlash over the festival board’s decision to exclude Abdel-Fattah from the programme. The board later issued a public apology to the author, acknowledging that the way the decision had been represented caused harm and confusion.

    READ: Bondi Beach attack: How the media smears pro-Palestine protests while erasing a Muslim hero

    The controversy triggered a wave of protest across Australia’s literary community, with prominent writers and speakers withdrawing in solidarity and accusing political leaders of fuelling a climate of intimidation against Palestinian and Muslim voices. Abdel-Fattah, a long-standing advocate for Palestinian rights, has faced repeated public attacks for her criticism of Israel’s assault on Gaza.

    At least 118 writers withdrew or cancelled their participation in protest, condemning the exclusion of Abdel-Fattah. Instead of reversing the move, organisers cancelled Adelaide Writers’ Week altogether, shutting down one of Australia’s most prominent cultural events amid mounting pressure linked to pro-Israel lobbying.

    In comments shared online, Abdel-Fattah accused South Australian Premier Peter Malinauskas of launching a smear campaign against her based on information from biased sources. “He knows nothing about me, beyond what he has been told by the Murdoch press and the pro-Israel lobby, which he has apparently accepted without question,” she said.

    Abdel-Fattah condemned the Premier’s comments linking her to violent extremism. “He made a public statement that suggested I am an extremist terrorist sympathiser and directly linked me to the Bondi atrocity,” she wrote.

    She described the premier’s actions as “a vicious personal assault on me, a private citizen, by the highest public official in South Australia,” and stated clearly: “It was defamatory and it terrified me.”

    Asserting her right to defend herself, she declared: “I am a human being, not a punching bag.” She confirmed her legal team had issued a formal concerns notice under Australia’s Defamation Act and called on Malinauskas to take responsibility: “This is his opportunity to undo some of the harm he has inflicted, and stop punching down.”

    READ: Festival of cowardice: The cancellation of Randa Abdel-Fattah

    This work by Middle East Monitor is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

    Experiencing issues with this image not appearing. I suspect because it's so critical of Zionist Keir Starmer's support of and complicity in Israel's genocides.
    Genocide denier and Current UK Prime Minister Keir Starmer is quoted that he supports Zionism without qualification. He also confirms that UK air force support has been essential in Israel’s mass-murdering genocide. Includes URLs https://www.declassifieduk.org/keir-starmers-100-spy-flights-over-gaza-in-support-of-israel/ and https://youtu.be/O74hZCKKdpA
    Keir Starmer objects to criticism of the IDF. He asks how could anyone object to them starving people to death, forced marches like the Nazis did, bombing Gaza's hospitals and universities, mass-murdering journalists, healthworkers and starving people queuing for food, killing and raping prisoners and murdering children. He calls for people to stop obstructing his genocide for Israel.
    Keir Starmer objects to criticism of the IDF. He asks how could anyone object to them starving people to death, forced marches like the Nazis did, bombing Gaza’s hospitals and universities, mass-murdering journalists, healthworkers and starving people queuing for food, killing and raping prisoners and murdering children. He calls for people to stop obstructing his genocide for Israel.
    Orcas discuss Genocide-supporting and complicit Zionists. Donald Trump, Keith Starmer, David Lammy, Rachel Reeves, Angela Rayner and Wes Streeting are acknowledged as evil genocide-complicit and supporting cnuts.
    Orcas discuss Genocide-supporting and complicit Zionists. Donald Trump, Keith Starmer, David Lammy, Rachel Reeves, Angela Rayner and Wes Streeting are acknowledged as evil genocide-complicit and supporting cnuts.

  • Palestine urges urgent international pressure on Israel to halt Gaza humanitarian crisis

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    This work by Middle East Monitor is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

    Palestinian President Mahmoud Abbas (C) chairs the cabinet meeting in Ramallah, West Bank on November 26, 2024. [Photo by Palestinian Presidency / Handout/Anadolu via Getty Images]

    The Palestinian Cabinet on Tuesday called for urgent international pressure on Israel to halt the worsening humanitarian catastrophe in the Gaza Strip, as displaced families continue to endure severe cold and widespread destruction of shelters.

    In a statement issued after its weekly meeting, the Cabinet urged the international community to intervene immediately to end the “humanitarian tragedy in Gaza”. It stressed that any meaningful solution requires lifting the siege, reopening border crossings, and allowing the entry of humanitarian aid, construction materials and mobile homes to address the growing needs of the population.

    The Cabinet held the occupying authorities and the international community fully responsible for the deaths of children caused by exposure to extreme cold, particularly after thousands of tents sheltering displaced families were flooded, uprooted or destroyed.

    READ: UNICEF says more than 100 children killed in Gaza since ceasefire

    Earlier on Tuesday, authorities in the Gaza Strip reported that the number of people who have died from cold-related causes since the start of the winter season had risen to seven, bringing the total to 24 deaths, including 21 children, since the outbreak of the Israeli war in October 2023.

    During its meeting, the Cabinet reviewed the work of the government’s emergency operations room in Gaza. Despite severe restrictions imposed by Israel, the statement said the operations room had managed to carry out several relief measures, including distributing hundreds of locally produced tents, relocating families to safer areas, reinforcing water supplies and clearing rubble from key roads.

    The Palestinian Cabinet reiterated that the scale of the crisis requires immediate and decisive international action to protect civilians and alleviate their suffering.

    READ: UN reports nearly 95,000 child malnutrition cases in Gaza Strip in 2025

    This work by Middle East Monitor is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

    Experiencing issues with this image not appearing. I suspect because it's so critical of Zionist Keir Starmer's support of and complicity in Israel's genocides.
    Genocide denier and Current UK Prime Minister Keir Starmer is quoted that he supports Zionism without qualification. He also confirms that UK air force support has been essential in Israel’s mass-murdering genocide. Includes URLs https://www.declassifieduk.org/keir-starmers-100-spy-flights-over-gaza-in-support-of-israel/ and https://youtu.be/O74hZCKKdpA
    Keir Starmer objects to criticism of the IDF. He asks how could anyone object to them starving people to death, forced marches like the Nazis did, bombing Gaza's hospitals and universities, mass-murdering journalists, healthworkers and starving people queuing for food, killing and raping prisoners and murdering children. He calls for people to stop obstructing his genocide for Israel.
    Keir Starmer objects to criticism of the IDF. He asks how could anyone object to them starving people to death, forced marches like the Nazis did, bombing Gaza’s hospitals and universities, mass-murdering journalists, healthworkers and starving people queuing for food, killing and raping prisoners and murdering children. He calls for people to stop obstructing his genocide for Israel.
    Orcas discuss Genocide-supporting and complicit Zionists. Donald Trump, Keith Starmer, David Lammy, Rachel Reeves, Angela Rayner and Wes Streeting are acknowledged as evil genocide-complicit and supporting cnuts.
    Orcas discuss Genocide-supporting and complicit Zionists. Donald Trump, Keith Starmer, David Lammy, Rachel Reeves, Angela Rayner and Wes Streeting are acknowledged as evil genocide-complicit and supporting cnuts.
  • Venezuela and the journey from Monroe’s Doctrine to Trump’s Jungle Law

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    Original article by Diana Cariboni republished from OpenDemocracy under a Creative Commons Attribution-NonCommercial 4.0 International licence. 

    Donald Trump holds a press conference after US forces captured Venezuelan leader Nicolas Maduro and launched a ‘large-scale strike’ on the Latin American country | Jim Watson / AFP via Getty Images)

    The US has a long history of military intervention in Latin America, but never before has it been so brazen

    As the days pass, shock subsides over the kidnapping of Venezuelan president Nicolás Maduro and his wife, Cilia Flores, which was ordered by Donald Trump and carried out by the US military. That the victim is a dictator has helped to justify the illegal use of brute force.

    There is a long history of US military intervention in Latin America. It’s been the expression of the most enduring principle that has governed relations in the American continent.

    Everything Trump did in the first year of his second presidential term was old news: tariff wars, interventions in the internal affairs of other countries, threats, extortion and the revival of the old Monroe Doctrine.

    What is new is the brazenness, the absence of even the slightest legal justification, or even the effort to frame actions within some interpretation of international law, however twisted it may be. There is no talk of democracy, freedom or human rights for millions of Venezuelans.

    This is an unexplained and uncontested exercise of power. “What’s next, Mr President, Colombia?” journalists asked Trump like subjects asking their emperor. “It sounds good to me,” he replied. Mexico, Colombia, Cuba, Greenland… “American dominance in the Western Hemisphere will never be questioned again.”

    The threat is material – Maduro in handcuffs, the naval deployment in the Caribbean, the boats bombed for months – and at the same time diffuse. No one knows what the logic or the alleged motive for the next action will be.

    The effect of Trump’s actions, already tested with the so-called “peace deal” for Palestine in the aftermath of the Israeli genocide in Gaza, is to sow confusion and division, and paralysis. The era of this new power has begun with little to oppose it, and with international laws useless like broken toys. And we are all warned.

    Maduro was extracted from his bunker in eight minutes, which was enough time to kill 32 Cuban guards who were protecting him. The rest of the regime remains intact, now as the executive arm of Trump’s designs, which have articulated only one priority: oil.

    When asked about elections, democracy or the release of some 800 political prisoners, Trump and his secretary of state, Marco Rubio, reply that all this “is premature”. The nature of the events indicates the coup was orchestrated with a part of the regime whose head was Maduro.

    Nothing remains of Venezuela’s Bolivarian revolution, not even dignity. Delcy Rodríguez, Maduro’s vice-president and one of the most vocal figures in his administration, has been appointed interim president, with Trump’s acquiescence. She and her brother Jorge, the president of the National Assembly, Diosdado Cabello, the minister of the interior, and Vladimir Padrino López, the head of the armed forces, have become administrators of a Trump protectorate – a new, perhaps provisional, status quo that sets Venezuela and all of Latin America sailing into uncharted waters.

    The eternal misunderstanding

    In a speech to the US Congress 202 years ago, US president James Monroe laid the foundations for his new country’s relationship with the other republics emerging across the American continent amid struggles against the European colonial powers.

    That relationship would be one of US dominance and Latin American subordination, although the Monroe Doctrine was presented as a warning against new European colonial adventures in America.

    “America for Americans” – Monroe’s phrase that coined the eternal misunderstanding – postulated that America, the continent, was for them, who called themselves “Americans”. In that single remark, the rest of the American peoples were left in an inferior category, confined to their nationalities or to a subordinate belonging to the same single continent (Latin Americans, South Americans, Central Americans or Caribbeans). Never simply Americans.

    Other US presidents followed Monroe’s lead. More than five decades after his doctrine came Rutherford Hayes’s corollary of 1880, on the need for the US to have exclusive control in Central America and the Caribbean, and therefore of any interoceanic canal, followed by Theodore Roosevelt’s corollary of 1904, which postulated the freedom of the US to intervene by force in any country on the continent if it considered that its interests were affected.

    Just a few weeks ago, on the anniversary of the Monroe Doctrine, Trump published his own corollary, which contains nothing new, though the foreign power to keep away now is no longer Europe but China. The novelty lies in what began in Venezuela.

    The question of democracy

    In December, the UN reported that Venezuela’s human rights situation was continuing to deteriorate. In 2021, the International Criminal Court’s prosecutor opened a formal investigation into crimes against humanity, such as torture, disappearances and executions at the hands of the state.

    Like Delcy Rodríguez now, Maduro became interim president in 2013 after the death of leader Hugo Chávez. Shortly afterwards, he won the elections by a narrow margin and, from 2015 onwards, took an openly authoritarian turn when he refused to recognise the result of parliamentary elections that left him without a majority in the National Assembly.

    Opponents of the regime tried different approaches to overthrow it. To name just a few: peaceful demonstrations, violent actions, calls for a military uprising, attempts to get neighbouring governments to blockade the country, support for economic sanctions by the US and the European Union, complaints to international organisations, boycotts of elections they considered rigged, negotiations with the regime mediated by third countries, and massive participation in elections. None of this moved the needle.

    Despite the opposition’s victory in the 2024 presidential elections, Maduro was once again proclaimed president, through fraud.

    Then Trump reappeared, with a military deployment unseen in decades, indiscriminate bombing of ships in the Caribbean and the Pacific, and persecution and stigmatisation of Venezuelan migrants as terrible criminals and mentally ill people ravaging US cities.

    The main opposition leader, María Corina Machado, who recently won the Nobel Peace Prize, clung to this strategy like a lifeline in the storm. She argued that the military siege, the accusations of narco-terrorism against Maduro and his circle, and the imminent military action by Washington would bring down the regime and open the door to a transition. Shortly after Maduro’s kidnapping, Machado proclaimed: “Today we are prepared to assert our mandate and take power.”

    Trump’s response could not have been colder. He removed her from the scene, claiming she lacked the necessary “respect” and “support” for the moment.

    In an interview with Fox News on Monday, Machado tried again to court Trump and said she wanted to give him her Nobel Peace Prize, which the US president has long coveted and considers himself deserving of. Days later, Trump indicated to Fox News that he might meet with her in Washington, saying: “I understand she’s coming in next week sometime, and I look forward to saying hello to her.” The Norwegian Nobel Institute was forced to clarify that its peace prizes cannot be transferred to third parties.

    There were celebrations by Venezuelans in exile in cities across the western hemisphere when Maduro’s overthrow was announced, but not within Venezuela. Maduro no longer governs there, but the same regime does, under Trump’s shadow.

    Original article by Diana Cariboni republished from OpenDemocracy under a Creative Commons Attribution-NonCommercial 4.0 International licence. 

    15 Jan 2026 Realized that I’ve featured this twice … Oh well.