Venezuela faces daily hardship as Trump promises economic revival

The article reports President Donald Trump has promised U.S. involvement to pour billions into Venezuela’s infrastructure and revive its oil sector, while many Venezuelans continue to face steep inflation, shortages and widespread poverty.

At the White House, President Donald Trump has said U.S. involvement would pour billions into Venezuela’s infrastructure and work to revive its oil industry, the article reports. The piece also reports the United States’ capture of former President Nicolás Maduro. In Caracas, residents describe sharp price increases, scarce supplies and daily hardship. Many people work multiple jobs and struggle to afford basic food and medicines. Key points: - The article reports President Trump promised U.S. plans aimed at investing in Venezuela’s infrastructure and reviving its oil sector. - The article reports the United States’ capture of former President Nicolás Maduro. - The article cites high economic strain, including an IMF inflation estimate of about 682%, widespread poverty, and a monthly minimum wage reported at roughly $0.40. - The White House was reported to be hosting a meeting with U.S. oil company executives on Friday to discuss Venezuela. Summary: Venezuelans are reported to be living through severe economic hardship marked by high inflation and shortages while U.S. officials describe plans for long-term investment tied to the oil industry. A reported capture of former President Nicolás Maduro and a scheduled White House meeting with oil executives are described as recent developments. How quickly any economic changes would affect daily life in Venezuela is uncertain.