US attack on Venezuela will decide direction of South America’s vast mineral wealth

The US’s first overt attack on an Amazon nation last weekend is a new phase in its extractivist rivalry with China. The outcome will decide whether the vast mineral wealth of South America is directed towards a 21st-century energy transition or a buildup of military power to defend 20th-century fossil fuel interests. Although this onslaught was ostensibly aimed at one corrupt dictatorship in a miserably dysfunctional country, the ramifications are far wider. Venezuela’s oil is the obvious – but not the only – objective. When the former Guardian journalist Seumas…

The world in 2023: what our writers say you should watch out for

A near-inevitable global recession sparked by a lengthening war in Europe’s frozen east; an energy crisis coupled with soaring inflation; Covid-19 finally running rampant in China – predictions for 2023 are grim. Still, there are reasons to be hopeful. That same energy crisis has spurred an unprecedented demand for renewables, which are expected to boom, while in Brazil, a new president has sworn to protect the Amazon. Repressive regimes, meanwhile, will be nervously looking at Iran, where hardline clerics are locked in a struggle with a formidable pro-democracy uprising that…