Why is it in news?
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President Nicolás Maduro of Venezuela faced the most direct challenge to his hold on power.
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His leadership is challenged by an opposition leader Mr. Guaidó who stood in the streets of the capital and declared himself the legitimate president.
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He is supported by USA, France and others.
More in news
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Venezuela, a once-prosperous country that has been devastated by years of political repression, economic mismanagement and corruption.
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Response by Mr. Maduro:(1) He responded to this situation furiously by cutting diplomatic ties with the United States.(2) He gave American diplomats 72 hours to leave the country and accused the Trump administration for a plot to overthrow him.
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Venezuela, a once-prosperous country that has been devastated by years of political repression, economic mismanagement and corruption.
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Trump administration has warned of a “military option” for Venezuela.
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Countries who recognised Mr. Guaido’s claim: Argentina, Brazil, Canada, Chile, Colombia, Costa Rica, Paraguay, Peru, Ecuador, Guatemala and the Organization of American States recognized Mr. Guaidó as the country’s leader.
Source
The Hindu, Newyork times