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Venezuela crisis

February

Returning Darwin Port to Australian ownership is the right thing to do, but it will be expensive.

Australia will pay for its Darwin Port mistake

Readers’ letters on the Darwin Port sale, Chalmers’ efforts on inflation, Adelaide Writers’ Week, the RBA’s interest rate decision, and AI and climate action.

January

Donald Trump and Maria Machado with the Nobel Peace Prize at the White House on Thursday.

Norway stunned after Machado gifts Nobel Prize medal to Trump

There was disbelief in Norway after Venezuela’s opposition leader handed her medal to Donald Trump, who has repeatedly said he deserves the peace prize.

Venezuelan opposition leader María Corina Machado departs the White House after meeting with President Donald Trump Thursday, Jan. 15, 2026, in Washington. (AP Photo/Pablo Martinez Monsivais)

Trump announces Gaza ‘Board of Peace’ as Machado hands him Nobel prize

The US President said he was backing the newly appointed ‘Palestinian Technocratic Government’ in Gaza as he announced the board’s formation.

Donald Trump speaks to reporters aboard Air Force One on Monday.

Trump threatens to block ExxonMobil from Venezuela

The US president has attacked the oil major’s chief executive over his scepticism about investing in the South American country.

Cubans attend a rally in Havana after the US attack on Venezuela.

Trump warns Havana to make a ‘deal’ before it’s too late

Cuba has been cut off from shipments of Venezuelan oil, as the US ramps up pressure on the struggling nation.

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Diosdado Cabello pictured this week at a rally organised by the ruling party supporting Nicolás Maduro and his wife Cilia Flores. His cap reads “To doubt is to to betray”.

The most feared man in Venezuela vows to ‘battle’ the US

Diosdado Cabello wields immense power, commanding the nation’s police, intelligence services, some army units and the militia checking citizens’ phones.

Facilities at the Port of Chancay on its first anniversary, in November 2025.

This Beijing-backed port in Peru helps explain Trump’s Venezuela raid

China has poured billions of dollars into shoring up mineral and food supplies from Latin America and increasingly build political influence.

Victorian Bushfires

Fatality confirmed as Victoria bushfire battle worsens

Homes and businesses wiped out in bushfires; 15,000 Queensland properties without power from tropical low. Follow live updates.

Exxon chief executive Darren Woods’s wants consumers to realise the energy transition will come at a price.

Exxon calls Venezuela ‘uninvestable’ as Trump pushes oil plan

Major oil executives told the US president that hard work remained before they could make substantive investments.

A demonstrator holds a “Super Bigote” superhero doll during a youth march for the release of Nicolás Maduro and Cilia Flores. The political fallout of Maduro’s detention by the US has been good for Venezuelan financial assets.

Fewer than 40 stocks and forex hell, but Caracas’ bourse is on fire

Brokerages are fielding a growing number of calls from foreign clients asking how to get exposure, convinced that a political shift will lift Venezuelan assets.

Gustavo Petro speaks during an anti-Trump protest on Wednesday (Thursday AEDT) in Bogota, Colombia.

Colombia looks to turn the page with US after Petro-Trump call

The two leaders discussed relations between the countries in their first call since the US president said US military action against Colombia “sounds good”.

A local walks past a mural featuring oil pumps and wells in Caracas, Venezuela, this week.

The ‘catastrophic’ state of Venezuela’s oil facilities

Donald Trump wants to milk the South American nation. But neglect has left corroded tanks, leaky pipelines and collapsed output, which will be costly to fix.

A Russian submarine had been sent to guard the Bella-1, before it was seized by the US Coast Guard.

Moscow slams US ‘piracy’ after Russian oil tanker seized

The United States military has seized two sanctioned oil tankers linked to Venezuela, including one Russian-flagged vessel, in an act that may damage relations.

The cheerleaders in Australia of Trump’s grand Venezuela adventure should reflect on where their position takes them.

Australian apologists think Trump can do no wrong

That may be easier to argue when we are dealing with the likes of a Maduro. But will the same justifications apply if Trump moves to take Greenland?

Danish forces join NATO troops in exercises in Greenland in September.

Trump wants to buy Greenland, not invade it: Rubio

The White House has moved to calm European and congressional concerns over Donald Trump’s desire to control Greenland.

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Australian Prime Minister Anthony Albanese announcing the federal royal commission

Jewish groups welcome backflip on Bondi royal commission

Prime Minister Anthony Albanese has announced former high court justice Virginia Bell will lead a federal royal commission into antisemitism and social cohesion to report by December 14, 2026. Follow live updates.

A local walks past a mural featuring oil pumps and wells in Caracas, Venezuela, this week.

Sanctioned Venezuelan oil to go to US ports, says Trump

Analysts have warned Venezuela’s production will “collapse” unless Washington halts its naval blockade and enables some of the oil to leave the country.

Polymarket argues that the abduction by US forces of Nicolás Maduro did not amount to an “invasion”.

Polymarket refuses to pay bets that US would ‘invade’ Venezuela

The popular prediction market disputes US raid amounted to an invasion in fight over more than $15.5 million in wagers.

Donald Trump dances off-stage after speaking to House Republicans.

After weekend of high drama, Trump crashes back to Washington reality

Beneath the president’s humorous schtick, there are mounting concerns about a thinning majority, flagging polls and the real risk of another impeachment attempt.

Donald Trump is increasingly confident of his unchecked control over America’s war machine.

Seizing Greenland would be easy for Trump

Anyone who is confident that the US president is merely trolling on the self-governed Arctic territory should book a holiday in Caracas.