14 Aug 2017

showCASE 39 | Venezuela on the brink

The past four months have not been easy for Venezuela, but last fortnight has proved to be particularly arduous. President Nicolas Maduro’s gamble to defuse tensions by holding elections for the Venezuelan Constituent Assembly on 30 July 2017 has only exacerbated the collapse of a once-vibrant economy. Results of the election, as well as the manner in which they were conducted, have been contested not only by the opposition and Venezuelans themselves, but also by the international community. On August 5th, Venezuela saw itself indeterminately suspended (again) from the South American trade and customs union Mercosur. Then, on Friday August 11th, President of the United States Donald Trump announced he “does not rule out a military option” in Venezuela.

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Photo: Reuters