Dr Ian Bremmer on Donald Trump's Venezuela Policy: 'I call it regime roulette'

On this special report, Dr Ian Bremmer, President of Eurasia Group, analyses the geopolitical implications of Donald Trump’s approach to Venezuela. Discussing the shift in power dynamics, Bremmer describes the situation not as regime change but as ‘regime roulette’, where the new administration looks remarkably similar to the old one despite leadership changes. He highlights that while Trump claims the United States will run Venezuela, the reality involves demanding the severance of ties with Russia and Iran while securing access to critical minerals. Bremmer notes that ‘oil companies have a much longer investment cycle than American presidents have expectancy in office’, suggesting that long-term stability remains unlikely. He further contrasts Trump’s limited tenure with the long-term leadership of figures like Prime Minister Narendra Modi in India. The discussion underscores the skepticism surrounding the immediate profitability of Venezuelan oil and the lack of a concrete long-term plan from the current US administration regarding the South American nation’s political future.