Trump Delays Venezuela Elections, Names Key Officials for Rebuild Post-Maduro Capture

World
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Moneycontrol•06-01-2026, 05:16
Trump Delays Venezuela Elections, Names Key Officials for Rebuild Post-Maduro Capture
- •US President Donald Trump states Venezuela will not hold elections in the next 30 days, citing the need for stabilization and rebuilding after Nicolas Maduro's capture.
- •Maduro was captured by US forces in "Operation Absolute Resolve" and prosecuted in New York on narco-terrorism and cocaine importation charges.
- •Trump emphasized rebuilding Venezuela's economy, focusing on oil infrastructure, and suggested subsidizing oil companies for restoration, potentially within 18 months.
- •The US is "not at war with Venezuela" but targeting drug traffickers and cross-border crime, framing the operation as counter-narcotics.
- •Marco Rubio, Pete Hegseth, Stephen Miller, and JD Vance are named to oversee the US role in Venezuela.
Why It Matters: Trump delays Venezuela elections for rebuilding, names top officials, and focuses on economic recovery post-Maduro.
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