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How A Brazilian Meat Billionaire Slipped Into Trump's Venezuela Gamble
(MENAFN- The Rio Times) Key Points
A Brazilian tycoon quietly tried to help open a peaceful exit for Nicolás Maduro.
The move links big agribusiness money, Washington politics, and Venezuela's collapsing economy.
The episode shows how unelected business figures now shape high-risk foreign policy choices.
Most people imagine big diplomatic gambles happening in palaces and ministries. This one also ran through a slaughterhouse empire.
Joesley Batista, the Brazilian billionaire behind meat giant JBS, flew to Caracas in late November for a private meeting with Nicolás Maduro.
The trip came just after a tense phone call in which Donald Trump told the Venezuelan ruler it was time to leave and let a transition begin.
Officially, Batista represented no one. Washington says U.S. officials merely knew he planned to go. His own holding company insists he carried no government mandate.
Yet he did not walk in as a neutral outsider. JBS is the world's largest meat producer, with more than 70,000 employees in the United States and Canada, and a long history of defending open markets and lighter trade barriers.
One of its U.S. units, Pilgrim's Pride, wrote a five-million-dollar check to Trump's inauguration committee, the single biggest corporate donation.
On the Venezuelan side, Batista 's group had already done roughly 2.1 billion dollars in beef and chicken deals with Caracas during the worst food shortages and hyperinflation.
While state media praised those shipments as proof the system still worked, many Venezuelans saw them as lifelines that arrived far too late after years of economic mismanagement.
Batista therefore walked into Miraflores palace as someone Maduro needed and Washington trusted enough to pick up the phone.
His task, according to people briefed on the trip, was simple to describe and hard to sell: to feel out whether the embattled leader might accept safe passage and step aside before U.S. sanctions and pressure turned even harsher.
For expats and foreign investors, the episode is a warning. In fragile states, it is not just presidents and generals who steer outcomes. Quiet, well-connected billionaires can also become the channels through which power changes hands.
A Brazilian tycoon quietly tried to help open a peaceful exit for Nicolás Maduro.
The move links big agribusiness money, Washington politics, and Venezuela's collapsing economy.
The episode shows how unelected business figures now shape high-risk foreign policy choices.
Most people imagine big diplomatic gambles happening in palaces and ministries. This one also ran through a slaughterhouse empire.
Joesley Batista, the Brazilian billionaire behind meat giant JBS, flew to Caracas in late November for a private meeting with Nicolás Maduro.
The trip came just after a tense phone call in which Donald Trump told the Venezuelan ruler it was time to leave and let a transition begin.
Officially, Batista represented no one. Washington says U.S. officials merely knew he planned to go. His own holding company insists he carried no government mandate.
Yet he did not walk in as a neutral outsider. JBS is the world's largest meat producer, with more than 70,000 employees in the United States and Canada, and a long history of defending open markets and lighter trade barriers.
One of its U.S. units, Pilgrim's Pride, wrote a five-million-dollar check to Trump's inauguration committee, the single biggest corporate donation.
On the Venezuelan side, Batista 's group had already done roughly 2.1 billion dollars in beef and chicken deals with Caracas during the worst food shortages and hyperinflation.
While state media praised those shipments as proof the system still worked, many Venezuelans saw them as lifelines that arrived far too late after years of economic mismanagement.
Batista therefore walked into Miraflores palace as someone Maduro needed and Washington trusted enough to pick up the phone.
His task, according to people briefed on the trip, was simple to describe and hard to sell: to feel out whether the embattled leader might accept safe passage and step aside before U.S. sanctions and pressure turned even harsher.
For expats and foreign investors, the episode is a warning. In fragile states, it is not just presidents and generals who steer outcomes. Quiet, well-connected billionaires can also become the channels through which power changes hands.
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