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Plus: Minnesota Governor Tim Walz drops his re-election bid amid a welfare fraud scandal in the state. And Toyota reports strong sales for the final months of 2025. Alex Ossola hosts.
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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
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The annexation of Texas was a preview of future foreign policy.
Original article: https://mises.org/power-market/questioning-annexation-texas-us-state
By Richard Blanco
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President Trump’s latest national security initiative is unlikely to make the US secure from outside danger. For that matter, Trump’s own internal policies are making this country less secure.
Original article: https://mises.org/mises-wire/trumps-national-insecurity-strategy
From war to tariffs to inflation, it is clear Donald Trump is a devoted disciple of the ideology of statism and interventionism. The fact he's better than the atrocious Kamala Harris doesn't change this.
Original article: https://mises.org/mises-wire/statism-donald-trump
The ousted Venezuelan leader Nicolas Maduro is transferred by armed forces to make his first appearance in a US court on drug trafficking and weapons charges, alongside his wife Cilia Flores. Both were seized by American forces from their compound in Caracas and flown to detention in New York, before being led in handcuffs into a Manhattan courtroom. The UN Secretary General Antonio Guterres says he's "concerned rules of international law have not been respected", as nations discuss the US actions at a UN Security Council meeting. And we learn more about Delcy Rodriguez, Maduro's right-hand woman, who is due to be sworn in as acting president of Venezuela.
Also: a court in Paris convicts 10 people of cyberbullying France’s first lady, Brigitte Macron, over false claims about her gender and sexuality; China and South Korea reaffirm their ties at a summit in Beijing; and we look back at the life of Eva Schloss, Holocaust survivor and Anne Frank’s step-sister, who has died at the age of 96.
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We begin with Venezuela, of course, but move on to the startling announcement by Tim Walz that he is not running for reelection as governor of Minnesota owing to the burgeoning fraud scandal there—a staggering fall for a man who was almost vice president. And who's coming up the pike? Why, it's Zohran Mamdani! Give a listen.
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The Venezuelan President Nicolas Maduro and his wife are being transferred to a court in New York to face drugs charges -- two days after they were seized by US troops. Meanwhile in Caracas, Delcy Rodriguez is due to be sworn in as Venezuela's interim leader. She's offered to cooperate with Washington, after President Trump threatened further action.
Also in the programme: A French court has found ten people guilty of spreading lies online about President Macron's wife Brigitte; as protests in Iran continue for a ninth day, the Speaker of Parliament has said that the protesters' demands must be heard; and Venezuela has the world's biggest oil reserves, what happens to that now?
(Photo credit: Reuters/Adam Gray)
Investors see some oil companies as big winners with the U.S. forcing a change of leadership in Venezuela. This morning, we'll hear how U.S. oil companies are faring in light of the news. Then, we'll provide some context for oil production and chat about global demand, what it'd take to develop Venezuela's infrastructure to help spark production, and learn how long it would take for U.S. oil companies to be reimbursed for investments.