US STRIKE ON VENEZUELA - WHAT DOES THIS MEAN FOR SOUTH AFRICA?
● The US has carried out a "large-scale strike" against Venezuela, and its
leader, Nicolas Maduro, has been flown out of the country with his wife.
● The strikes mark a dramatic escalation after months of tension between
the two countries and a US military build-up in the region
● Trump said as part of the takeover, major U.S. oil companies would move
into Venezuela, which has the world's largest oil reserves, and refurbish
badly degraded oil infrastructure, a process experts said could take
years.
● South Africa called for an urgent United Nations Security Council session
following the unilateral military action by the United States in Venezuela.
● We are joined by Professor Lyal White is faculty at the Gordon Institute
of Business Science (GIBS), University of Pretoria on the line to help us
understand this better.