, Columnist
Venezuela Needs María Corina Machado at Home
Pack your bags and head home.
Photographer: Luis Soto/SOPA Images/LightRocket via Getty Images
Economic news in Venezuela is moving at a dizzying speed.
The International Monetary Fund is set to resume formal engagement with the country after more than two decades without consultations. Meanwhile, the government of interim president Delcy Rodríguez has struck upstream deals with Chevron Corp. and Spain’s Repsol SA to expand oil operations while pushing through new mining legislation to attract foreign investment. The White House, for its part, has eased US economic sanctions, allowing financial institutions to transact with Venezuela’s central bank, and has appointed a new top diplomat as bilateral relations improve. All within a single week.