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Donald Trump says everything has been great in Venezuela
U.S. President Donald Trump said that everything has been great in Venezuela and that his administration is helping people get rich again, according to the digital outlet Efecto Cocuyo, which reported the remarks through its account on the social network X.
U.S. President Donald Trump said that everything has been great in Venezuela and that his administration is helping people get rich again, according to the digital outlet Efecto Cocuyo, which reported the remarks through its account on the social network X on October 1, 2026.
The statements come amid negotiations over oil licenses and the activity of foreign energy companies in Venezuelan territory, a sector that is key to generating foreign currency and fiscal revenue for the South American state.
Revitalizing the oil industry and attracting private investment depend on stable regulatory frameworks and on easing the international economic sanctions imposed by Washington over the past decade.
Claims about economic improvement directly affect expectations for the recovery of household purchasing power, which has suffered a prolonged contraction due to years of hyperinflation and devaluation in the country.
Archive, 2018 · Photo: Basile Morin · CC BY-SA 4.0 · Wikimedia Commons