{"id":107211,"date":"2021-01-05T05:35:58","date_gmt":"2021-01-05T05:35:58","guid":{"rendered":"https:\/\/precoinnews.com\/?p=107211"},"modified":"2021-01-05T05:35:58","modified_gmt":"2021-01-05T05:35:58","slug":"venezuela-to-seat-socialist-held-congress-as-maduro-consolidates-power","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/venezuela-to-seat-socialist-held-congress-as-maduro-consolidates-power\/","title":{"rendered":"Venezuela to seat socialist-held congress as Maduro consolidates power"},"content":{"rendered":"

CARACAS (Reuters) – Venezuela\u2019s ruling socialist party on Tuesday will install a congress controlled by allies of President Nicolas Maduro, a change in control that many Western nations have assailed as the product of a fraudulent election.<\/p>

FILE PHOTO: Venezuelan President Nicolas Maduro gestures during a news conference on December 8, 2020. REUTERS\/Manaure Quintero\/File Photo<\/figcaption>

The country\u2019s opposition, led by Juan Guaido, who has served as speaker of parliament since 2019, will seat a committee of legislators intended to rival the socialist-held National Assembly after the opposition boycotted legislative elections held on Dec. 6.<\/p>\n

But the shift in legislative power marks a further consolidation of power for Maduro, who in early 2019 looked vulnerable as the United States and dozens of other countries recognized Guaido as Venezuela\u2019s rightful leader, arguing Maduro was a corrupt dictator who has overseen an economic collapse.<\/p>\n

It also amounts to the symbolic end of the opposition\u2019s five-year struggle to weaken Maduro after winning a 2015 landslide victory in parliamentary elections, even if the change will mean little in concrete terms either for Maduro or his adversaries.<\/p>\n

Control of the parliament will give the ruling socialists little capacity to improve a crippled economy hemmed in by sanctions. And Maduro\u2019s allies in the country\u2019s Supreme Court had already for years neutered the opposition legislature by shooting down every one of its measures.<\/p>\n

The Trump administration has recognized the opposition-held congress\u2019 one-year extension of its own term, but other international supporters of Guaido, including the European Union, have yet to agree the opposition still rightfully controls parliament.<\/p>\n

The move has also generated rifts within Guaido\u2019s coalition, with one major opposition party abstaining from the vote on the extension and several individual lawmakers announcing they would stop serving as legislators after Jan. 5.<\/p>\n

The looming inauguration of U.S. President-elect Joe Biden on Jan. 20, after years of escalating U.S. sanctions and diplomatic pressure on Maduro under Trump, represents another uncertainty for Guaido.<\/p>\n

Biden has repeatedly labeled Maduro a dictator and has said he would work with other countries to seek free and fair elections in Venezuela but has not laid out details of policies he plans to implement toward the oil-rich nation.<\/p>\n

A representative of Biden\u2019s team did not immediately reply on Monday when asked if his administration would continue recognizing Guaido as the head of parliament.<\/p>\n

\u201cAn important part of the opposition has adopted the extremist vision that was imposed from Washington during the Trump era,\u201d Maduro said in a television interview on Jan. 1. \u201cThe Trump era is ending. We will see how that part of the opposition reacts.\u201d<\/p>\n

Maduro calls Guaido a U.S.-backed puppet seeking to oust him in a coup to control Venezuela\u2019s considerable oil reserves. He has said the Dec. 6 elections had the same electoral conditions as the 2015 vote won by the opposition.<\/p>\n

Maduro, who retains the support of the armed forces and allies like Cuba, Russia and Iran, has since barred opposition lawmakers from meeting in congressional headquarters, and pushed dozens of legislators into exile.<\/p>\n

But Guaido has vowed to press on. He promised a \u201cdiplomatic offensive\u201d to ensure as many countries as possible refused to recognize the legitimacy of the socialist-held congress, and called on supporters to take to the streets.<\/p>\n

\u201cThe national parliament will not be stopped until we have seen free elections take place in Venezuela,\u201d he said in a video message posted to Twitter on Sunday.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CARACAS (Reuters) – Venezuela\u2019s ruling socialist party<\/p>\n","protected":false},"author":3,"featured_media":107210,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"\nVenezuela to seat socialist-held congress as Maduro consolidates power - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/venezuela-to-seat-socialist-held-congress-as-maduro-consolidates-power\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Venezuela to seat socialist-held congress as Maduro consolidates power - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"CARACAS (Reuters) – Venezuela\u2019s ruling socialist party\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/markets\/venezuela-to-seat-socialist-held-congress-as-maduro-consolidates-power\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-05T05:35:58+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/01\/cnewsfotor4-3.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/markets\/venezuela-to-seat-socialist-held-congress-as-maduro-consolidates-power\/\",\"url\":\"https:\/\/precoinnews.com\/markets\/venezuela-to-seat-socialist-held-congress-as-maduro-consolidates-power\/\",\"name\":\"Venezuela to seat socialist-held congress as Maduro consolidates power - 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