About this episode
Six weeks after the capture of President Nicolás Maduro, Venezuela appears to be shifting its economic strategy. The government is reopening its crucial oil industry to foreign investment and redirecting oil exports back toward the United States. Presenter Rahul Tandon is joined by producer Gideon Long, who spent five years reporting from Venezuela, to examine the changes introduced since Maduro’s capture and explore what further steps may be required to persuade international companies to return and invest. They also consider whether Venezuela can reduce its reliance on oil and develop a more diversified, resilient economy. We hear voices from inside and outside the country, including acting president of Venezuela, Delcy Rodríguez, as well as US President Donald Trump and Secretary of State Marco Rubio. If you'd like to get in touch with the team, our email address is [email protected]: Rahul Tandon and Gideon Long Produced by Gideon Long and Elisabeth MahyBusiness Daily is the home of in-depth audio journalism devoted to the world of money and work. From small startup stories to big corporate takeovers, global economic shifts to trends in technology, we look at the key figures, ideas and events shaping business. Each episode is a 17-minute deep dive into a single topic, featuring expert analysis and the people at the heart of the story. Recent episodes explore the weight-loss drug revolution, the growth in AI, the cost of living, why bond markets are so powerful, China's property bubble, and Gen Z's experience of the current job market. We also feature in-depth interviews with company founders and some of the world's most prominent CEOs. These include Google's Sundar Pichai, Wikipedia founder Jimmy Wales, and the CEO of Starbucks, Brian Niccol.(Picture: A man on a motorcycle transports water bottles past pumpjacks, beside deteriorating oil infrastructure on the shores of Lake Maracaibo, Venezuela. Credit: Reuters)