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Barclays senior geopolitical strategist Helima Croft and former deputy assistant secretary of defense KT McFarland on the long-term impact of Hugo Cha...
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Power from North Korea to Venezuela the funeral former President Hugo Chavez plan for tomorrow.
But will the passing of the dictator lead to any changes in its that country's relationship.
With the United States or Iran -- -- -- d'isere Barclays senior geopolitical strategist and KT McFarland former deputy assistant secretary.
Of defense -- of my favorite people on the planet is delayed hello Clinton.
And intelligent you can't really beat that combination.
OK -- let's start with you first.
Venezuela.
Nicholas -- bureau even wearing that -- track suit recently in the colors of Venezuela looking very much.
Like Hugo Chavez but we've had an okay despite the rhetoric an okay relationship in terms of oil trade with Venezuela will that continue -- Political stability of the country because the richest country on the planet -- -- called uranium and they use that -- exploited it and I've given it to the people.
But I haven't developed any industry or the ability really to get to do this efficiently.
So what will happen will America around music have to stop with the new guy will be able to him about the goodies or anything -- And will there be political instability and I think that's likely -- it.
Gilligan -- -- six months down and we don't really know right now -- but I think is gonna be fine for a couple of months six months down the road.
The music on America around my stop and that's when your political -- -- announced what.
Mouse to Lynn what do you think that because again we need -- reiterate incredibly important importer of oil into the US to lose it goes on but heady days of this to -- Political eye opening our companies operate there like Chevron -- some world's fourth largest producer of well.
But I couldn't appear KT more I think we're looking at yeah short term I think -- fine I don't think we see any potential attacks coming energy infrastructure mean.
Venezuela lost two thirds of there you know output in 2002 when it was a big strike right they fired all the oil at 111000 autoworkers -- -- -- how -- presumption like overnight right so we're not looking for anything like that again and I think below workers came to been basically.
Neutered by top -- and we've seen you know his political appointees put in place there so I think everything on the cool -- -- remain largely stable.
But -- the situation deteriorates.
After six months you know it generalized uncertainty they're seven the markets have been nervous about back.
Should we be more nervous and keep Kati and but do you -- as well how about Iran and the situation there the lack of any.
Heavily revised this -- really -- but it includes -- -- will be will be -- Hugo Chavez's funeral and terms of their progression of their nuclear program we have really taken action.
Now and wonder how you really should listen to you know you've got secretary Kerry saying all options are on the table you got the secretary of defense talking about containment.
Who think put the politicians -- the company should listen to its general -- marine general Forestar.
Head of the Central Command -- -- American military officer in charge of what we would have to do.
With everything from Egypt to the Persian gulf all the way over to Pakistan he says and testimony last week.
We -- may have taken sanctions against some but it has not stop their nuclear program system and happens well -- used to tell and I think it's interesting is because.
Where and -- Netanyahu Bibi Netanyahu prime minister -- was at the United Nations.
He had that big you know picture about bomb going off and he said the Red Line is going to happen with Iran.
This summer.
So what might you have you might have potentially.
Political unrest in Venezuela at the same time that Iran is coming up to.
If the point of no return with its nuclear program do you think it this summer for a roster and with Iran is such drop dead date and what about I want you to get into the North Africa -- like is that -- what -- greater flashpoint -- -- -- Why why such a big issue because that's the big issue in terms that in a 40% situated I'll go to the straits of -- There's no bigger political story out there and it -- markets had Iran.
And there's been an absence of progress in terms of the toxin mean yes we talked last week that they -- sentence be just continue to spend.
I think it -- optimism that now because they're gonna go back for more talks.
Three rounds of talks last summer that produce nothing.
And -- is similar situation they -- continue to make progress of opening new centrifuges.
That -- much faster.
You know -- facility at that time a many -- they're making a decision to not reach break out they could easily do that and quick to this summer without a deal.
-- have Netanyahu at a minimum saying look I -- time for diplomacy didn't yield any thing.
And North Africa is so frightening because if you want to look at.
Where you have energy facilities that are insecure.
-- extremist groups with lots of weapons its North Africa.
Thank you for that I think ladies here again a lot of things to worry about -- also consider looks at north.
Korea and says if you sock -- -- I -- forgetting nuclear weapons nobody's gonna stop so I think they've made the decision.
Ladies terrific came to his homeland -- poly San testing sustained -- it -- covered the world bank and that they can efficient they we have jobs a break he's.
