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Venezuelan crisis

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Venezuelan crisis
Under President Nicolas Maduro, Venezuela's prosperity and stability have evaporated. In 2014, Venezuela entered recession. In 2015, the country's inflation rate soared to its highest in history. Failing healthcare, food shortages, corruption and increased crime underpinned deepening dissatisfaction with Maduro's government, enabling the opposition to win control of the National Assembly. Full-scale political meltdown followed when, in October 2016, the National Electoral Council called for Maduro's removal from the presidency. Months of deadly protests and a crackdown on dissent further polarised the country. In July 2017, Maduro convened a new Constitutional Assembly, made up of his allies, to replace the Venezuelan Constitution and supersede the opposition-controlled National Assembly. Condemnation from the international community was scathing: Maduro was branded a "dictator" intent on undoing Venezuelan democracy. The decade-long standoff reached a climax on January 3, 2026, when a US special operations raid in Caracas resulted in Maduro’s capture.
China-Latin America relations

Rodriguez’s Castro tribute tests Venezuela’s balancing act between US and China

Beijing retains commercial interests in Venezuela even as analysts see Washington curbing its political and strategic influence.

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Aid for Venezuela, China-Colombia ties: 7 Latin America relations reads

In Venezuela, China’s oil-for-loan deals run into huge US-led debt restructuring

Beijing’s influence in Caracas seen fading, with Washington controlling Venezuela’s oil revenues and debt overhaul, potentially triggering a stand-off.

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