It is hard to overstate the importance
of the communique of US Treasury Secretary Steven Mnuchin. Today he made it official that the situation of Venezuela is dire, that there is no way it can get help as long as Maduro and Co. are in charge, but that there is a will to help massively if the conditions are right. Let's go by parts.
The attendees
The following countries were represented at the meeting: Argentina, Brazil, Canada, Colombia, France, Germany, Guatemala, Italy, Japan, Mexico, Panama, Paraguay, Peru, Spain, the United Kingdom, and the United States.
Of course, those are the usual suspects but this time we have
JAPAN. I mean, the potential of the Venezuelan default, of its unstoppable drop in oil production and of its potential millions of economic refugees make this a world crisis. Note that China (and even less Russia) do not participate in such kind of meetings since having so many skeletons in its closet it stays clear from any closet elsewhere. Never mind that Chinese are not known internationally for their generosity...
The reason