Bloomberg News Now

January 4, 2026: Trump on Oil Access, Venezuela's Rodriguez Wants Cooperation, More

7 snips
Jan 5, 2026
In a compelling discussion, President Trump advocates for U.S. access to Venezuela's oil to improve its infrastructure. Meanwhile, reactions from Chinese social media highlight potential implications for Taiwan following a high-profile military operation. The podcast also covers North Korea's recent hypersonic missile tests, escalating tensions in the region. Additionally, Swiss authorities investigate a ski resort fire for possible negligence. Lastly, Saks seeks significant financial aid amid leadership changes.
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ANECDOTE

Air Force One Remarks On Venezuela

  • Trump told reporters aboard Air Force One that the oil is flowing at very low levels and big oil will fix it without U.S. investment.
  • He said the U.S. will "cherish the country" and care for displaced Venezuelans forced to leave.
INSIGHT

Oil Access As Reconstruction Leverage

  • Donald Trump said U.S. oil companies will need full access to Venezuela's crude to rebuild its infrastructure and economy.
  • This frames post-crisis reconstruction as dependent on foreign energy firms rather than U.S. government investment.
INSIGHT

China Watches Venezuela For Taiwan Lessons

  • Coverage of the capture of Maduro sparked discussion on Weibo about using the operation as a template for Taiwan tensions.
  • Chinese military pressure around Taiwan has intensified with live-fire drills, raising regional concern.
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