Author: Sarah Lerner

  • Oil Money and the US Federal Reserve: Parallels Between Venezuela (2026) and Iraq (2003)

    Oil Money and the US Federal Reserve: Parallels Between Venezuela (2026) and Iraq (2003)

    The Trump administration’s undefined resolution to remain in control of Venezuela and its oil exports for the foreseeable future was, without a doubt, a shock to many, but this tactic is not entirely without historical precedent. In May 2003, the United Nations Security Council created the Development Fund for Iraq…