JOURNAL ARTICLE

Brazil Billionaire Flew to Venezuela to Urge Maduro to Step Down.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Garip, Patricia; Martin, Eric 3 of 3

Abstract

The article focuses on Joesley Batista, co-owner of JBS NV, and his recent efforts to mediate political tensions between the Trump administration and Venezuela's government led by President Nicolás Maduro. Batista traveled to Caracas to encourage Maduro to consider a peaceful transition of power, coinciding with U.S. President Trump's calls for Maduro to step down. Although Batista's visit was known to Trump administration officials, he acted independently and is not a government representative. The article also highlights Batista's complex background, including his ties to both U.S. and Venezuelan political figures, and the historical context of JBS's dealings with Venezuela amid ongoing U.S. sanctions and military actions against the Maduro regime. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/12, pN.PAG
  • Document Type:Article
  • Subject Area:Politics and Government
  • Publication Date:2025
  • Accession Number:189752515
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