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The EU and the Mercosur trading bloc of five Latin American nations seal a sweeping trade pact. It would create one of the largest free-trade zones in the world, connecting markets with more than 700 million people. A trade pact between the European Union and the Mercosur trading bloc has been agreed after almost 25 years of talks. That’s despite opposition from farmers in several European countries. The deal is seen as part of Europe’s effort to curb its economic reliance on China. And it comes against the backdrop of President Donald Trump’s tariffs on countries around the world and his recent military intervention in Venezuela. Also, will Big Oil invest in Venezuela? Plus, are Greenland’s vast resources profitable? Published On 16 Jan 202616 Jan 2026 Click here to share on social media share2Share Copy link Save Report this post Video Duration 29 minutes 00 seconds play-arrow29:00 Counting the CostEU-Latin America trade deal: Who wins? The EU and the Mercosur trading bloc of five Latin American nations seal a sweeping trade pact. Read moreIt would create one of the largest free-trade zones in the world, connecting markets with more than 700 million people. A trade pact between the European Union and the Mercosur trading bloc has been agreed after almost 25 years of talks. That’s despite opposition from farmers in several European countries. The deal is seen as part of Europe’s effort to curb its economic reliance on China. And it comes against the backdrop of President Donald Trump’s tariffs on countries around the world and his recent military intervention in Venezuela. Also, will Big Oil invest in Venezuela? Plus, are Greenland’s vast resources profitable? Published On 16 Jan 202616 Jan 2026 Click here to share on social media share2Share Copy link Save Report this post

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After seizures, sanctions and collapse, can Venezuela ever win back Big Oil’s trust? Read more US President Donald Trump says removing President Nicolas Maduro is about reclaiming Venezuela's oil. But as Washington pushes for access, major oil companies are hesitating. Why is Venezuela being labeled “uninvestable,” and what does that skepticism reveal about power, instability and the future of Venezuela’s vast oil reserves? In this episode: Anneke Ball (@annekeball), Journalist