38 m. ago Oil price falls after Trump says Venezuela will send supply to US – business live

Rolling coverage of the latest economic and financial news, as Brent crude drops back to $60 a barrelVenezuela ‘turning over’ $2bn in oil to US, Trump says, in move that could cut supply to ChinaDonald Trump’s “gunboat diplomacy” in Venezuela shows that securing access to critical natural resources such as oil is now a key priority for Washington, say analysts at Unicredit.They point out, in a note to clients, that the toppling of Venezuelan President Nicolás Maduro marked a decisive break with the rules‑based international order, ushering in a more assertive, America‑First form of hegemony across the western hemisphere.Given that China was the main buyer of smuggled Venezuelan oil and is Caracas’s principal creditor, the move is clearly intended to send a strong signal to Beijing, which has ambitious plans in South America, particularly in resource‑rich countries such as Peru.In 2023, China and Venezuela formalised an “all‑weather strategic partnership”. Beijing also used oil trade...

Politics

3 h. ago Trump says Venezuela is ‘turning over’ up to 50m barrels of oil as US threatens Greenland next: Live updates

Meanwhile, the Trump administration said it was considering using the military to acquire Greenland

Politics

4 h. ago Trump says Venezuela is ‘turning over’ millions of barrels of oil as US eyes Greenland: Live updates

Trump said the oil will be sold, and he will control the money from the sale

Politics

8 h. ago Trump says Venezuela is ‘turning over’ millions of barrels of oil as his admin weighs options to acquire Greenland: Live updates

Trump said the oil will be sold, and he will control the money from the sale

Politics

10 h. ago Watch in full: Trump speaks as European leaders push back on Greenland threats

Watch as Donald Trump spoke at a House Republicans retreat on Tuesday, 6 January, as European leaders insisted they would “not stop defending” Greenland’s territorial integrity in the face of continued threats from the US president to annex it.

Politics

10 h. ago Trump team weighs option to use military to acquire Greenland days after capturing Venezuela’s president: Live updates

Greenland, a mineral-rich Arctic island, is a self-governing territory of the Kingdom of Denmark

Politics

12 h. ago Dozens of January 6 supporters march through Washington five years after attack; brawl erupts as counter

Many of those at today’s march, including ex-Proud Boy leader Enrique Tarrio say that they were there to protest against the death of Ashli Babbitt, a rioter who was killed by Capitol police five years agoMy colleague Sibylla Brodzinsky has reported on the relationship between the US and Colombia, home to significant oil reserves. Here is an extract from her story:Colombia has long been a close partner of the US in the fight against drug trafficking and enjoyed bipartisan support in Washington but relations have soured dramatically since Trump came to office.Colombia’s narcotics trade is largely controlled by illegal armed groups such as the Gulf Clan, the National Liberation Army (ELN) and dissident factions of the Revolutionary Armed Forces of Colombia (Farc) guerrilla group, the majority of whose members demobilised after a 2016 peace deal Continue reading...

Events

13 h. ago Venezuela live updates: At least 24 of country’s security officers and ‘many Cubans’ reportedly killed in Trump’s Maduro operation

President Trump said the White House needs to ‘fix’ Venezuela after U.S. stealth operation to capture autocratic leader Nicolas Maduro

Events

13 h. ago Venezuela live updates: US may intercept fleeing oil tanker off UK coastline days after Maduro capture

President Trump said the White House needs to ‘fix’ Venezuela after U.S. stealth operation to capture autocratic leader Nicolas Maduro

Events

13 h. ago Venezuela latest: At least 24 of country’s security officers and ‘many Cubans’ reportedly killed in Trump’s Maduro operation

President Trump said the White House needs to ‘fix’ Venezuela after U.S. stealth operation to capture autocratic leader Nicolas Maduro

Events

15 h. ago Trump calls Venezuela strikes ‘amazing’ and teases meeting with oil executives after ousting Maduro – live

US president calls the Caracas operation ‘brilliant tactically’ and ‘an incredible thing’ and says deposed leader Nicolás Maduro is a ‘violent guy’From elation to frustration: Trump snub wrongfoots Venezuela’s oppositionMy colleague Sibylla Brodzinsky has reported on the relationship between the US and Colombia, home to significant oil reserves. Here is an extract from her story:Colombia has long been a close partner of the US in the fight against drug trafficking and enjoyed bipartisan support in Washington but relations have soured dramatically since Trump came to office.Colombia’s narcotics trade is largely controlled by illegal armed groups such as the Gulf Clan, the National Liberation Army (ELN) and dissident factions of the Revolutionary Armed Forces of Colombia (Farc) guerrilla group, the majority of whose members demobilised after a 2016 peace deal Continue reading...

Politics

17 h. ago Venezuela live updates: Trump says ‘nobody can take us’ after US military’s stealth capture of Maduro

President Trump said the White House needs to ‘fix’ Venezuela before allowing country to hold elections

Events

17 h. ago Watch live: Trump speaks as European leaders push back on Greenland threats

Watch live as Donald Trump speaks at a House Republicans retreat on Tuesday, 6 January, as European leaders insisted they would “not stop defending” Greenland’s territorial integrity in the face of continued threats from the US president to annex it.

Politics

18 h. ago Venezuela latest: Trump claims opposition leader Machado ‘doesn’t have the respect’ to lead country as she vows to return

President Trump said the White House needs to ‘fix’ Venezuela before allowing country to hold elections

Politics

18 h. ago Venezuela live updates: Trump threatens country with new military attack if acting president stops cooperating

President Trump said the White House needs to ‘fix’ Venezuela before allowing country to hold elections

Events

20 h. ago Venezuela latest: Opposition leader Machado vows to return and demands elections despite Trump criticism

The U.S. President said the White House needs to ‘fix’ Venezuela before allowing it to hold elections

Politics

21 h. ago Venezuela latest: Opposition leader Machado vows to return and demands elections despite Trump opposition

The U.S. President said the White House needs to ‘fix’ Venezuela before allowing it to hold elections

Politics

21 h. ago US raid on Venezuela ‘undermined a fundamental principle of international law’, says UN rights body – live

Spokesperson for UN high commissioner says ‘accountability for human rights violations cannot be achieved by unilateral military intervention’Deposed Maduro pleads not guilty after capture in shock US attack on VenezuelaUS foes and allies denounce Trump’s ‘crime of aggression’ in Venezuela at UN meetingMy colleague Sibylla Brodzinsky has reported on the relationship between the US and Colombia, home to significant oil reserves. Here is an extract from her story:Colombia has long been a close partner of the US in the fight against drug trafficking and enjoyed bipartisan support in Washington but relations have soured dramatically since Trump came to office.Colombia’s narcotics trade is largely controlled by illegal armed groups such as the Gulf Clan, the National Liberation Army (ELN) and dissident factions of the Revolutionary Armed Forces of Colombia (Farc) guerrilla group, the majority of whose members demobilised after a 2016 peace deal Continue reading...

Society

27 h. ago Venezuela latest: Trump says ‘no way’ to hold quick election as Maduro pleads not guilty in court

Toppled Venezuelan president Nicolas Maduro says he is a 'decent man' while pleading not guilty to narco charges

Politics

27 h. ago Opposition leader Machado says she hasn’t spoken to Trump since attack as she vows to return to Venezuela – live

María Corina Machado tells Fox News she would share her Nobel peace prize with US president after removal of Nicolás MaduroDeposed Maduro pleads not guilty after capture in shock US attack on VenezuelaUS foes and allies denounce Trump’s ‘crime of aggression’ in Venezuela at UN meetingThe United States has faced widespread condemnation for a “crime of aggression” in Venezuela at an emergency meeting of the United Nations security council.Brazil, China, Colombia, Cuba, Eritrea, Mexico, Russia, South Africa and Spain were among countries that have denounced the weekend US attack in Venezuela.I am deeply concerned about the possible intensification of instability in the country, the potential impact on the region, and the precedent it may set for how relations between and among states are conducted. Continue reading...

Politics