Commodities Rule, From Oil to Crops

Welcome to the Wall Street Week newsletter, bringing you stories of capitalism about things you need to know, but even more things you need to think about. I’m David Westin, and this week US diplomat Richard Haass interpreted for us what President Trump is up to in Venezuela, and we looked at how New Zealand farmers have coped since subsidies were cut off decades ago. If you’re not yet a subscriber, sign up here for this newsletter.

The worlds of diplomacy and politics and punditry were all aflutter this week after the US went into Venezuela to capture President Nicolás Maduro and take him to New York for trial. But as former Council on Foreign Relations head Richard Haass says, when it comes to markets “it’s the dog that didn’t bark in the night.” That doesn’t mean, however, that it necessarily ends there. Haass sees potential ramifications for Colombia, Cuba, Mexico, and even Canada down the road.