Republicans tried to reform "Obamacare" alone. There may be an opening now for finding common political ground. How might that work?
Could China rescue Venezuela?
The crisis in Venezuela may be reaching a breaking point. This past weekend, more than 7 million people participated in an unofficial protest vote. They rejected President Nicol谩s Maduro鈥檚 plan to rewrite the Constitution to give himself and his party more power. Some say the Latin American nation is sliding into a dictatorship 鈥 or outright revolt.
Why might China help?
Venezuela owes China about $62 billion for loans. It鈥檚 already behind on the payments. China doesn鈥檛 want Caracas to default. If Mr. Maduro goes, the opposition says it won鈥檛 make payments on a bad deal made by the previous government.
Watch for China to send an indirect signal at the United Nations. It might call for a 鈥減olitical rebalancing鈥 in Venezuela, . China may even go so far as to reject Maduro鈥檚 planned constituent assembly in late July and call for new elections.
Those aren鈥檛 moves normally found in China鈥檚 diplomatic playbook. But faced with losing $62 billion and access to the world鈥檚 largest oil reserves, Beijing may have to get creative in Venezuela.