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Sputnik International — ‘Fracas in Caracas’ Signals US Attempt to Gain Hold Over Oil-Dependent Countries

Summary:
With self-proclaimed Venezuelan Interim President Juan Guaido’s third coup having failed, it’s important to take measure of the global goals Washington has in trying to overthrow President Nicolas Maduro and the Bolivarian movement. One historian told Sputnik the US would gain much-needed leverage over rivals like China.... "If US imperialism can then get under its belt Venezuelan oil, and Iranian oil, and have the Permian Basin in Texas, it's controlling the lifeblood of the Chinese economy, the European Union's economy, the Japanese economy; it gives US imperialism considerable leverage, and it seems to me, that ultimately is what this fracas in Caracas is all about," Horne said.... This pushes Russia and China closer together strategically with resource-rich Russia supplying China,

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With self-proclaimed Venezuelan Interim President Juan Guaido’s third coup having failed, it’s important to take measure of the global goals Washington has in trying to overthrow President Nicolas Maduro and the Bolivarian movement. One historian told Sputnik the US would gain much-needed leverage over rivals like China....
"If US imperialism can then get under its belt Venezuelan oil, and Iranian oil, and have the Permian Basin in Texas, it's controlling the lifeblood of the Chinese economy, the European Union's economy, the Japanese economy; it gives US imperialism considerable leverage, and it seems to me, that ultimately is what this fracas in Caracas is all about," Horne said....
This pushes Russia and China closer together strategically with resource-rich Russia supplying China, as well as providing technology (including for military use). 

Sputnik International
Jason Ditz

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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