Thursday, December 17, 2015

The Brewing Political Crisis In Venezuela

President Maduro's Socialist party lost control of Congress for the first time in 16 years

Financial Times: Venezuela on edge of political crisis

Under a tent decorated in the yellow, blue and red of Venezuela’s flag, members of the ruling socialist party mingled and drank at a sporting event recently with opposition critics, former gang members, military and businessmen.

It was an idyllic vision of unity in the most polarised country in Latin America, but one that belies the fact that Venezuela is heading towards a political crisis. A stand-off between branches of government looms just as the country is struggling with one of its worst ever social and economic calamities.

Update #1: Venezuela Socialists seek to curtail opposition advantage (Reuters)
Update #2: After losing control of Parliament, Venezuelan socialists create a new one (Fox News/AP)
Update #3: Venezuela Opposition Wants to Free Prisoners, Push Maduro (Bloomberg)

WNU Editor: When you try to govern against the will of the people .... you will inevitably experience their wrath. In the case of Venezuela .... President Nicolas Maduro does not strike me as a man who will listen to and/or accommodate what the voters want.

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