Secretary of State Marco Rubio has effectively seized control of Venezuela’s finances, natural resources, and governance from his office in Washington, according to a report conducted by the New York Times.

His expansive grip on the country offers a vivid manifestation of American power in the Trump era, six months after US commandos captured abducted Venezuelan President Nicolás Maduro in a midnight raid.

He maintains constant contact with Delcy Rodríguez, the former vice president who now leads the nation on an acting basis with the approval of the United States.

Direct control over public revenues distinguishes Washington’s influence in Caracas from other nations beholden to American financial power.

The US Treasury receives the revenue from most Venezuelan exports and disburses it back through the country’s banking system.

Rubio and his team set the explicit conditions on what that money can be spent on and by whom.

    • eldavi@lemmy.ml
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      15 hours ago

      that’s the only reason why i’m still holding out hope because every single indicator that there is suggests that they’re done.

      the best case scenario for them is another long march, but that requires holding hope that lightening will strike twice and in the same way.