US releases report on management of more than $12bn from Venezuelan oil and mineral resources
The United States Department of State has released a 53-page report detailing how more than $12bn in revenue from Venezuelan oil and mineral resources was handled under Washington-controlled arrangements. The disclosure comes nearly a year after Nicolas Maduro was removed from power and taken to New York, according to the supporting material, and follows a period in which the Trump administration took direct control over the sale of Venezuelan resources. The report says the aim is to promote transparency and accountability in the management of the funds.According to the report, the flows covered transactions between January 3, 2026 and September... [Continue Reading]
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Rubio denies exit plans as Trump defends Hegseth after midterm losses
US Secretary of State Marco Rubio has again denied reports that he is planning to leave the Trump administration, saying it had "always been my plan" to serve until the end of President Donald Trump's term. He made the comments as speculation continued over his political future after Republican losses in the midterm elections. Rubio also serves as national security adviser, making him one of the most prominent figures in the administration.The denials came after Bloomberg News reported that Rubio was weighing whether to step down and had spoken with White House officials about leaving. The State Department rejected that... [Continue Reading]