The Globalist The global reaction as the US seizes a sanctioned oil tanker off the coast of Venezuela
Dec 12, 2025
Ed Stocker, a seasoned journalist covering the Americas, discusses the US seizure of a sanctioned oil tanker and the ensuing tensions with Venezuela. He dives deep into the country's economic collapse and the potential political figures rising amidst public discontent. Ash Bardwaj examines the slump in US inbound tourism, attributing it to visa challenges and shifting sentiments, while highlighting regions most affected. Andrew Muller adds a humorous twist with his satirical news commentary, and Fabrizio Casiraghi shares insights on his design approach to the new Sant'Ambrose in Paris.
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From Boom To Collapse
- Ed Stocker recalled visiting Venezuela under Hugo Chávez when oil revenue funded social programmes and Caracas felt safe.
- He contrasted that era with Maduro's mismanagement, hyperinflation and mass migration.
Mediators Have Limited Leverage
- Outside mediators (Qatar) and neighbours (Colombia) could influence Venezuela but past attempts failed.
- Stocker says change likely requires decisive US action, which remains unpredictable.
Rework Controversial Labour Reforms
- Governments should rethink proposals that massively reduce job protections when public opposition is strong.
- Carlotta Rebello argues Portugal's strike shows such reforms need reworking before passing.
