Donald Trump’s Venezuela Deal Is Bold but Dodgy

The Economist: “Any future, freely elected government of Venezuela might question a deal which gives America so much control of the country’s oil. That fact will make investors hesitate. Oil majors remain wary, though Chevron, which was already in Venezuela, has just announced a separate $7bn investment.”

“Worse, cash and tax revenue from the deal create incentives for powerful people to block Venezuela’s transition to democracy.”