Trump’s Bet on Reviving Venezuela’s Broken Oil Industry

单集文稿 ...

• 00:02

  More details but also more questions about the Trump administration's plans for Venezuela will get the latest.

• 00:10

  Plus a look at the likely years of work needed to boost Venezuela's oil output.

• 00:15

  No doubt Venezuela does have reserves and U.S.

• 00:18

  companies are owed money.

• 00:19

  However,

• 00:20

  this is not as simple as just going back and being able to produce the dilapidation of the Venezuelan infrastructure.

• 00:27

  I cannot stress how bad that is.

• 00:29

  And the rest of the day's news,

• 00:30

  including a potential market-first diabetes treatment for children as young as one.

• 00:36

  It's Monday, January 5th.

• 00:37

  I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News,

• 00:42

  the top headlines and business stories moving your world today.

• 00:46

  The Trump administration is offering conflicting narratives about its intentions in Venezuela after capturing its president,

• 00:53

  Nicolas Maduro, over the weekend.

• 00:55

  President Trump described the U.S.

• 00:57

  as being in charge of the country yesterday evening, though that control may be indirect in nature,

• 01:03

  as Secretary of State Marco Rubio explained in interviews yesterday,

• 01:07

  including in this remark on ABC's This Week with George Stephanopoulos when he was asked if the U.S.

• 01:12

  was directly running Venezuela.

• 01:14

  What we are running is the direction that this is going to move moving forward,

• 全部文稿