Venezuelan crisis

Why is it in news?
  • President Nicolás Maduro of Venezuela faced the most direct challenge to his hold on power.
  • His leadership is challenged by an opposition leader Mr. Guaidó who stood in the streets of the capital and declared himself the legitimate president.
  • He is supported by USA, France and others.
More in news
  • Venezuela, a once-prosperous country that has been devastated by years of political repression, economic mismanagement and corruption.
  • 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.
  • Venezuela, a once-prosperous country that has been devastated by years of political repression, economic mismanagement and corruption.
  • Trump administration has warned of a “military option” for Venezuela.
  • 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




Posted by Jawwad Kazi on 25th Jan 2019