Venezuela’s Broken Oil Industry and Trump’s Plan to Rebuild It After Maduro’s Ouster

General view of the “El Palito” refinery building in Puerto Cabello, Venezuela, on Dec. 18, 2025. Jesus Vargas/Getty Images Venezuela holds the world’s largest proven oil reserves, yet its petroleum industry—once among the most productive on earth—has been reduced to a fraction of its former capacity after years of mismanagement, underinvestment, and international sanctions. The

Lower Prices for 10 Medicare Drugs Now in Effect: What to Know

Medicare beneficiaries will see discounts averaging 63 percent on 10 frequently prescribed medications starting this month due to the Medicare Drug Price Negotiation Program. The program, authorized by the Affordable Care Act in 2022, made it possible for Medicare to negotiate with pharmaceutical companies for the first time. We had a problem loading this article.

Trump Says US Will Run Venezuela in Interim: What We Know So Far

President Donald Trump shared his plans for Venezuela on Jan. 3 during a press conference at Mar-a-Lago in Florida, outlining what would happen next and who would lead the country after what he called an “extremely successful” U.S. military operation that removed Venezuelan leader Nicolás Maduro from power the night before. The country’s decades-long socialist

9 Takeaways From Trump’s Address on Operation to Capture Maduro

President Donald Trump addressed the nation on Saturday morning following the successful capture and extradition of Venezuelan leader and suspected narcotrafficker Nicolas Maduro and his wife, Cilia Flores. The president, sharing details of the joint military and law enforcement operation, announced that the United States will run Venezuela until the country is ready for a

NYC Mayor Mamdani Defends Revoking Predecessor’s Executive Orders

New York City Mayor Zohran Mamdani signs executive orders while accompanied by his campaign volunteers during a press conference at Grand Army Plaza in the Brooklyn borough of New York City on Jan. 2, 2026. Jeenah Moon/Reuters New York City Mayor Zohran Mamdani on Friday defended his decision to rescind a dozen executive orders issued