Trump Was Right. Six Months Post-Maduro, Venezuelan Recovery Defies Critics
Summary
In January, President Donald Trump ordered a raid to capture Venezuelan President Nicolás Maduro and bring him to the U.S. on drug-related charges. Contrary to critics' warnings of chaos, Venezuela has seen political changes, business deals, and reduced repression, although a major earthquake in June caused significant damage and loss of life.Key Facts
- President Trump ordered a raid to arrest Nicolás Maduro in January on narco-terrorism charges.
- Critics warned that U.S. military intervention would cause chaos, citing Iraq, Libya, and Afghanistan as examples.
- Six months after the raid, Venezuela has seen business deals, including Shell and SLB returning to operate in the country.
- Over 670 political prisoners have been released, and political parties have resumed public activities in Venezuela.
- Opposition leaders who had been exiled are beginning to return to Venezuela.
- Open-air TV channels now show news beyond the government narrative, including opposition activities.
- A powerful earthquake struck Venezuela in June, killing at least 5,000 people and damaging tens of thousands of buildings.
- The cost to rebuild from the earthquake damage is estimated between $12 billion and $20 billion, more than Venezuela can afford alone.
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