Reform

Caracas, March 5, 2026 (venezuelanalysis.com) – Venezuelan Acting President Delcy Rodríguez met Wednesday with US Interior Secretary Doug Burgum at the Miraflores Presidential Palace in Caracas to discuss a bilateral agenda focused on energy and mining.

Senior officials from both countries also attended a closed-door meeting, including US Chargé d’Affaires Laura Dogu and Venezuelan Interior Minister Diosdado Cabello. Rodríguez and Burgum later gave a joint press conference.

“We welcomed Burgum to address important aspects related to metallic, non-metallic, strategic and non-strategic minerals,” the acting president told reporters. “We want the Venezuelan people to see the advantage of having good relations with the world and with the United States.”

Rodríguez said that her economic team will soon present a proposal to the National Assembly to “expand” Venezuela’s Mining Law, urging lawmakers to reform it “swiftly” in order to showcase “investment and development opportunities in the mining sector” to both domestic and international business groups.

Venezuela’s current mining legislation was approved in 1999. Rodríguez noted that the government intends to replicate the “win-win formula” of the recent hydrocarbon reform approved on January 29, which introduced wide-reaching benefits for foreign capital in the oil sector.

Under the overhauled legislation, private operators get expanded control over operations, with limited parliamentary oversight and a reduced tax burden.

Rodríguez also thanked US President Donald Trump for a social media post praising the Venezuelan acting president for “doing a great job.” The Venezuelan leader highlighted the US government’s “kind disposition” to work on a “mutually beneficial” cooperation agenda.

For his part, Burgum said that Venezuela is “an extraordinarily rich nation” in oil, gas, and critical minerals, adding that the opportunities for collaboration between the two countries “have no limits.” He serves as chair of the US National Energy Dominance Council as well.

According to the senior White House official, who holds the natural resources portfolio, the potential cooperation could deliver something “truly remarkable” for both the Venezuelan and American people. Burgum’s delegation included representatives from over 20 US and Canadian mining companies, some of them with a past presence in Venezuela.

“These companies are ready to begin,” he said. “I know that [Acting President] Rodríguez, like President Trump, wants to cut bureaucratic red tape so this capital investment can start flowing.”

Among the companies represented in the visit were US firms Peabody Energy—the world’s largest private coal company—Hartree Partners, Orion CMC, Paulson & Co., and Caterpillar Inc., along with Canada’s Lundin Mining Corp and Singapore-based commodities trader Trafigura.

Canadian miner Gold Reserve also announced plans to return to the Caribbean nation and disclosed a 30-day US Treasury license to negotiate with Caracas.

According to Axios, US officials additionally negotiated a multimillion-dollar agreement with Venezuela’s state mining company Minerven to sell up to one metric ton of gold to the US market, currently valued at roughly $165 million.

The deal would require Minerven to supply between 650 and 1,000 kilograms of doré gold bars—a crude alloy of gold and silver with 50 to 90 percent purity—to Trafigura, which would transport the metal to US refineries. The transaction details were not disclosed, including whether Trafigura will deposit payment in US-run accounts in an arrangement similar to the one the Trump administration has imposed for Venezuelan oil exports.

Burgum is the fourth senior US official to visit Venezuela since the January 3 US military strikes and kidnapping of President Nicolás Maduro and his wife, National Assembly deputy Cilia Flores.

Earlier visits included US Southern Command chief Francis Donovan, CIA Director John Ratcliffe, and US Energy Secretary Chris Wright.

Venezuela possesses vast unexplored and proven mineral reserves, including significant gold, iron, bauxite, diamonds, nickel, and copper deposits. Coltan reserves have likewise been touted in recent years.

According to the International Center for Productive Investment (CIIP)—an agency attached to the Venezuelan vice presidency—the country holds the eighth-largest iron reserves in the world, estimated at 14.7 billion metric tons, as well as more than 321 million tons of bauxite, the raw material used to produce aluminum.

Regarding gold, the CIIP estimates that Venezuela may hold between 2,200 and 8,000 metric tons, which would place the country among the largest gold reserves globally. 

Analysts have also highlighted the possibility of finding rare earth deposits in the South American country. The 17 elements have diverse applications in cutting-edge technology and advanced weapons systems. Washington is currently highly dependent on rare earth imports from China.

Edited by Ricardo Vaz in Caracas.

The size of the Los Angeles City Council should increase from 15 to 25 seats, the city’s Charter Reform Commission recommended Thursday.

On a 9-2 vote, the commission backed the council expansion, with supporters saying that smaller ethnic groups, including Black and Asian American and Pacific Islander residents, would be better represented.

The council has consisted of 15 members since 1925, when the city had fewer than 600,000 residents, compared with 3.9 million today.

“I think we owe the people of Los Angeles to walk out of this room saying that we are a commission that’s concerned about equity, that we are a commission that is concerned about Black and AAPI folks who live in this city,” said Commissioner James M. Thomas, who supported the expansion.

The commission also recommended ranked choice voting, where voters list candidates in order of preference, for municipal elections beginning in 2032. The city should also establish a new position, chief financial officer, which would essentially be a title change for what is now called the city administrative officer, the commission recommended.

By April 2, the commission, which has been meeting since last July, must send all its recommendations to the City Council on changes to the city’s governing charter. The council will then vote on which changes will go before city voters as ballot measures in November.

Thursday’s meeting was packed with supporters of City Controller Kenneth Mejia, who feared that the commission would gut his office’s watchdog role.

Among the CFO’s duties would be preparing the city budget, advising the mayor on fiscal policy and producing revenue forecasts — duties currently under the CAO.

Tim Riley, owner of Heavy Water Coffee Shop in Chinatown, said trust in government is at an all-time low and urged the commission to keep the controller’s powers intact.

“Kenneth has been the only form of government that we have felt has represented us as a community,” Riley said.

City Administrative Officer Matt Szabo spoke briefly and confirmed his support for designating the CAO as the city’s chief financial officer, without impacting the controller’s office. The CFO role recommended by the commission does not take away any duties from the controller.

In 1925, each of the 15 City Council members represented about 38,000 residents. Now, each council district has an average of 265,000 residents. If the council grows to 25, each member would represent roughly 159,000 residents.

The commission did not discuss whether the council members’ salaries and office budgets should remain the same, potentially increasing costs for taxpayers.

Nick Caputo, who has been chronicling the charter reform commission‘s progress online, advocated during public comment for the commission to endorse more than 23 seats. The commission had debated for weeks about whether to go as low as 23 seats or as high as 31, settling on 25 as a compromise.

With smaller council districts, Caputo said, residents will be represented by people who know their neighborhoods better.

“I’m happy that they did go to 25,” Caputo said Friday. “I think that would be a tremendous boost for not just representation, but also you’ll get real specialists.”

Commissioner Carla Fuentes noted that three City Council members — Nithya Raman, Ysabel Jurado and Heather Hutt — have publicly supported expanding the council to 25.

“This is a huge moment for the commission,” Chairperson Raymond Meza said after Thursday night’s meeting. “We have been hearing from hundreds of stakeholders, academics, members of the public, other interested parties — and to be able to begin drafting charter language for the City Council to consider is pretty momentous.”

During the debate on ranked choice voting, Commissioner Diego Andrades explained that the city would no longer hold a primary election, which would save money. Instead, all candidates would run in a general election.

Commissioner Christina Sanchez expressed concern that non-English speaking voters and those in under-served communities might have trouble understanding the complexities, which drew ire from the crowd.

“Are you calling us stupid?” two people said.

The commission also passed a recommendation that the city should approve an ordinance for language accessibility and educating residents about the new voting system.

Two days earlier, the commission voted unanimously to bifurcate the duties of the city attorney, currently an elected official who prosecutes misdemeanors and represents the city in civil litigation. Under the commission’s proposal, an appointed city attorney would take over the civil litigation duties, while an elected city prosecutor would handle the misdemeanors.

The decision to bifurcate the position came after consulting with good governance groups, the public and city departments, Andrades said. The current system allows a city attorney eyeing higher office to potentially offer bad advice to a sitting mayor, and conflicts of interest could occur on issues like police-related settlements and misconduct, he said.

Times staff writer Dave Zahniser contributed to this report.

Feb. 27 (Asia Today) — Park Young-jae, chief of the National Court Administration, has offered to step down, just over 40 days after taking office, as the ruling party moves ahead with a package of judicial reform bills.

According to court officials, Park conveyed his intention to resign Thursday morning to Chief Justice Cho Hee-dae.

In a statement, Park said, “Considering recent discussions both inside and outside the judiciary, I concluded that stepping down would better serve the public and the courts.”

“I regret leaving at a time when the judiciary faces many challenges,” he added, expressing hope that discussions on reforming the judicial system would proceed “in a direction that benefits the public.”

His resignation is widely seen as linked to the National Assembly’s handling of three controversial reform measures: the creation of a new crime of “distorting the law,” the introduction of a system allowing constitutional complaints against court rulings and an increase in the number of Supreme Court justices.

The National Assembly has been processing the bills in plenary sessions since Monday. Lawmakers passed a revised version of the “distortion of law” bill Wednesday, narrowing its scope to criminal cases and adjusting the elements required to establish the offense. A separate bill to allow constitutional petitions against court decisions was expected to be voted on later Thursday.

Since his appointment last month as successor to former court administration chief Cheon Dae-yeop, Park had repeatedly voiced concerns about the reform package.

He warned that the proposed “distortion of law” offense could be abused and lacked sufficient clarity, raising potential constitutional issues. On the plan to allow constitutional complaints against court rulings, he said it risked plunging citizens into excessive litigation. Regarding the proposal to expand the number of Supreme Court justices, Park said it could weaken lower courts by drawing experienced judges away without a clear plan to fill the gaps.

Earlier this week, he convened an emergency meeting of court presidents nationwide, saying the three bills could bring fundamental changes to the courts’ role and directly affect the public. He stressed that the judiciary’s views should be reflected in the legislative deliberation process.

Park had also faced criticism from some lawmakers over his prior involvement in an appeal case related to President Lee Jae-myung under the Public Official Election Act before his appointment as court administration chief.

His departure comes as tensions between the judiciary and the legislature intensify over the scope and direction of judicial reform.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260227010008381

Feb. 25 (Asia Today) — Senior judges from courts across South Korea expressed “serious regret” Tuesday over a package of judicial reform bills advanced by the ruling party, warning of potential side effects and calling for broader consultation.

At an extraordinary meeting held at the Supreme Court in Seoul, court presidents reviewed the so-called three judicial reform bills – which include creating a new offense of “distortion of law,” introducing a constitutional complaint system against court rulings and expanding the number of Supreme Court justices.

The meeting was led by Court Administration Chief Park Young-jae and attended by chief judges from courts nationwide.

In a joint statement, the judges said fundamental changes to the judicial system could produce irreversible and significant consequences and should be subject to in-depth discussion through a consultative body that includes multiple institutions and experts.

Regarding the proposed “distortion of law” offense, the judges said the elements of the crime remain abstract even under a revised draft and warned that the scope of punishment could be overly broad. They cautioned that the measure could lead to a surge in complaints and accusations against judges, potentially undermining the swift administration of justice and the protection of citizens’ fundamental rights.

On the proposed constitutional complaint system against court rulings, the court presidents said it could delay the finality of judgments and subject litigants to repeated proceedings.

While acknowledging the need to increase the number of justices at the Supreme Court of Korea, the judges said adding a large number in a short period could weaken trial quality. They suggested first expanding the bench by four justices and reviewing the impact before considering further increases.

In opening remarks, Park said the bills would significantly affect the judiciary’s core role in safeguarding constitutional order and citizens’ rights and stressed that the courts’ views should be reflected in the legislative process.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260225010007747

SACRAMENTO — After months of partisan warfare and weeks of hard-nosed bargaining, Gov. Pete Wilson signed into law a historic reform package Monday transforming welfare in California into a program that provides only temporary aid to the poor and requires work in return for assistance.

With legislative leaders standing at his elbow, the Republican governor formally set into motion revolutionary changes in the welfare law that will affect 2.3 million people, mostly women and children, who depend on government assistance for the basic necessities of life.

“This was not an easy task, but in the end the effort produced a solution based on very sound and very equitable principles,” Wilson said. “From now on public assistance in California will be temporary, it will be a transition, it will be strictly time-limited.”

The new program, named CalWORKS and slated to take effect Jan. 1, 1998, will limit to 24 months the time that current recipients can be on aid. It also will provide community service positions for those who reach that limit and cannot find work, require recipients to participate in job searches and job training, and penalize those who refuse to accept a valid job offer.

Mirroring a federal welfare reform act passed almost exactly a year ago, the program sets a five-year lifetime limit for adults to receive aid, but at the same time it obligates the state to make massive investments in job training and child care to ease their movement into the work force.

In the first year alone, state officials estimate that $1.3 billion will be spent on child care and $530 million on employment.

Because of the investments in child care and training, the $7-billion-plus welfare program initially will not produce savings. And, in the first year, the legislative analyst estimates that welfare spending will increase by $223 million.

But the program–designed to comply with the new federal law–is expected to significantly reduce welfare rolls in the next five years and result in cost reductions.

“In a vibrant economy that creates jobs and enables entry-level workers to climb the ladder of success,” Wilson said, “we have a duty to encourage [welfare recipients] to escape from dependency to the independence and dignity of work.”

Smiling legislative leaders, many of whom only a week ago were exchanging barbs with the governor, praised the reform package as an example of compromise at its best.

“Today we put behind us politics and enacted a bipartisan welfare reform plan,” said Assembly Speaker Cruz Bustamante (D-Fresno). “CalWORKS is a tough and fair plan that makes welfare what those of us in the middle have always thought it should be–temporary help to let families get back on their feet.”

Senate President Pro Tem Bill Lockyer (D-Hayward) said the high-level bargaining between legislators and the governor had forced them to find a middle ground that “appropriately combines the doctrines of personal responsibility, market discipline and humanitarian efforts to help those who are needy.”

But amid the enthusiasm, he sounded a cautionary note, warning that the real test of their compromise would come at the county level, where the reforms would have to be implemented in the next few years.

“We hope [these] efforts will survive the next economic downturn,” he said.

Left undone in the reform package, said Sen. Mike Thompson (D-St. Helena), one of the authors of the legislation, was any attempt to create the low-level jobs that welfare recipients will need if they are to leave welfare.

Even California’s current robust economy, he said, does not produce hundreds of thousands of jobs that will be needed in the coming years to provide employment for recipients who move out of the welfare system.

“I am struck by the fact,” said Assemblyman Roy Ashburn (R-Bakersfield), “that while this seems like the end, it is really but the beginning.”

In recognition of the new responsibilities that the law places on counties, Wilson flew later in the day to Los Angeles County, which has a welfare population that is larger than the entire populations of more than half the states.

“We have a lot riding on the success of this program,” said County Board of Supervisors Chairman Zev Yaroslavsky. “We have to place tens of thousands of people into jobs in the coming weeks and months, but it can be done.”

Calling the new reform act a “testament to what happens when both parties try to find out what they have in common,” Yaroslavsky said passage of the act should not be considered a belittlement of welfare recipients.

“People who are on public assistance should not all be painted with one negative brush,” he said. “Most of the people we have on public assistance today want to work. They are productive and talented. They just need a chance and, given a chance, they will perform.”

Herman Mancera, a single father of two who appeared at the news conference with Wilson and Yaroslavsky, said that, after receiving assistance for four years, he had been able to move into a job program sponsored by United Airlines for welfare recipients.

“It feels great being able to be part of the work force again,” Mancera said.

Feb. 13 (Asia Today) — Poverty is increasingly being passed down across generations in South Korea’s non-metropolitan regions, with education reform cited as a key starting point for reversing the trend.

A recent report by the Bank of Korea titled “Interregional Population Mobility and Intergenerational Economic Inheritance” found that social mobility has sharply declined outside the capital region.

According to the report, eight out of 10 children ages 36 to 40 who were born to parents in the bottom 50% income bracket outside the capital region and remained in their hometowns still fall within the bottom half of income earners. The rate has risen significantly from 58.9% in earlier years to 80.9% in recent data.

The findings support the long-held perception that children from economically disadvantaged families who relocate to the capital region have greater chances of upward mobility, while those who remain in provincial areas are more likely to experience continued economic hardship. The pattern has become more pronounced among younger generations.

Regional income disparities have also widened. The per capita income gap between the capital region and non-capital areas grew from 3.2 million won ($2,370) in 2005 to 5.5 million won ($4,070) in 2023, based on prevailing exchange rates. During roughly the same period, real apartment prices in Seoul rose 19.6%, while prices in non-metropolitan regions fell 3%.

The report suggests that birthplace increasingly shapes economic opportunity in South Korea. While manufacturing once provided quality jobs in regional areas, high-paying positions in knowledge-based industries are now concentrated in the capital region. Young people continue to migrate to Seoul and surrounding areas in search of work, reinforcing the cycle of concentration.

Experts say a comprehensive government response is needed. They argue that reforming the education system should be the first step, particularly by expanding opportunities for students in disadvantaged regions.

As one proposed measure, the central bank recommended a regional proportional admissions system. Under the proposal, top universities in the capital region would consider the regional distribution of the school-age population when selecting students. The framework would also include additional consideration for low-income students in non-capital regions, who face greater barriers to admission compared to higher-income peers.

In the longer term, analysts say substantial investment is required to strengthen the competitiveness of schools and major universities outside the capital region. They argue that students in provincial areas should be able to develop their potential without relocating to Seoul.

More broadly, the report calls for an effective national balanced development strategy. Among the options discussed is a development model centered on regional hub cities capable of achieving economies of scale.

The authors conclude that poverty should not be determined by birthplace and urge the government to demonstrate resolve in implementing balanced regional policies.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260212010004700