Critics call the US multi-billion-dollar oil deal in Venezuela modern-day colonialism.
Why are people calling Venezuela oil deal a new form of US colonialism? Critics call the US multi-billion-dollar oil deal in Venezuela modern-day colonialism. The agreement reportedly gives the US control of 20% of Venezuela’s oil reserves for decades, all without the country’s legislature’s approval.
Al Jazeera’s Nour Hegazy explains.
Extract — continue reading at the source.
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