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Latest / Kernow Damo

Trump Demanded $100bn — Oil Firms Called Venezuela Uninvestable

Trump has demanded massive investment in Venezuela’s oil and promised protection — and the oil companies have refused, calling it uninvestable. Right, so a US president has just told oil companies to pour a hundred billion dollars into another country and take its oil, as if ownership is already settled and paperwork is an afterthought and they’ve told him where he can stick it instead. Donald Trump did the pitch. The art of the deal as he loves to call it. He promised protection. He promised safety. He promised the oil would be theirs. And the companies who are supposed to make money from…

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