S8 Ep1262: Mary Anastasia O'Grady, Wall Street Journal editorial board: Venezuela is grappling with the aftermath of severe earthquakes whil

Mary Anastasia O'Grady, Wall Street Journal editorial board: Venezuela is grappling with the aftermath of severe earthquakes while navigating a complex political transition under the Trump administration's influence. Despite increased oil production, major oil companies are hesitant to invest because of a lack of contractual assurances, bureaucratic overreach, and the absence of a legitimate rule of law. Mary Anastasia O'Grady explains that the current provisional government, led by Delcy Rodríguez, is associated with the previous narco-terror regime, creating a transparency crisis regarding oil profits held in US escrow accounts. While the administration pursues a three-phase plan of stabilization, recovery, and a return to democracy, O'Grady argues the regime is simply buying time to stay in power. As long as oil prices remain high and the US is preoccupied with conflicts in the Middle East, the illegitimate regime has little incentive to hold the free and fair elections demanded by popular opposition leader María Corina Machado. (2)