The UK government has again refrained from giving its view on the legality of the US action in Venezuela, arguing it was “for the Americans to lay out”. Immigration minister Mike Tapp said on Monday that Nicolás Maduro was an “evil dictator”, but avoided commenting on the legality of his removal. “We, in no way, … Read more
Majority of respondents in FT’s annual survey say economy will not be strong enough for people to feel better off
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The private equity owners of Asda and Morrisons have raised about £6.5bn selling off chunks of the UK retailers’ property portfolios, as they move to pay down the substantial debts accrued to finance their takeovers … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world A former top Chevron executive is raising $2bn for Venezuelan oil projects as investors race to answer Donald Trump’s call to pour “billions of dollars” into the country after the US toppled its … Read more
Doral, one of the largest Venezuelan communities in the US, has long been a stronghold of Donald Trump. Since American special forces captured Nicolás Maduro, the US president’s popularity here has gone through the roof. The mood in the city, nicknamed “Doralzuela”, was ecstatic this weekend as residents poured into the streets to celebrate the downfall of a dictator they … Read more
Venezuela’s opposition leader had a simple message for the US energy industry last March: Come and get our oil. Speaking by video to executives at CERAWeek in Houston, María Corina Machado promised that Venezuela’s oil sector, nationalised in the 1970s and further expropriated under Hugo Chávez in the 2000s, would be thrown open to private … Read more
Nicolás Maduro is set to face charges in a US court on Monday that he led a cocaine conspiracy spanning more than a quarter of a century, in a case that could raise questions about the strong-arm tactics used to bring him to justice. Maduro was being held at the Metropolitan Detention Centre in Brooklyn, … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Denmark’s Prime Minister Mette Frederiksen called on US President Donald Trump and his allies to stop making threats to seize control of Greenland as tensions flared between the Nato allies following America’s intervention … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump has long signalled his appetite to intervene in Venezuela. Late last year his administration mustered an armada in the Caribbean, bombed small boats it accused of carrying drugs to the US, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The concept of “eat what you kill” common to many financial groups has been mostly unknown among lawyers, and especially those on the lower rungs of the ladder. In a change of tone, major US … Read more