Don’t miss the latest developments in business and finance.

Nicolas Maduro

After Presidential election, thousands of protesters flooded the streets in cities like the capital Caracas, and the opposition released data it said showed Gonzalez won handily against Maduro

Updated On: 13 Dec 2024 | 8:30 AM IST

An independent group of election experts that observed Venezuela's July presidential election on Wednesday legitimised the vote tally sheets the opposition has offered as proof of President Nicolas Maduro's defeat, telling the Organization of American States the electronic balloting system worked and the ruling party as well as other stakeholders "know the truth". The assertions from an expert with the US-based Carter Center came during a session convened by members of the regional body to address the dispute that emerged from Venezuela's presidential election. The group was one of the two independent panels that the government invited to observe the vote on July 28, which electoral authorities claimed -- without offering any proof -- favoured Maduro. The dispute has centred on thousands of tally sheets known as actas -- printouts that resemble shopping receipts -- that have long been considered the ultimate proof of election results in Venezuela. Each of the 30,000 electronic voti

Updated On: 03 Oct 2024 | 6:50 AM IST

Venezuela's former opposition candidate, Edmundo Gonzalez, on Wednesday said he was coerced into signing a letter effectively recognising his defeat in July's presidential election, which electoral authorities claim was won by President Nicolas Maduro. The revelation of the letter is the latest strain to the country's political crisis, which was exacerbated by the disputed election results and Gonzalez's recent departure for exile in Spain. Gonzalez and the Unitary Platform coalition he represented on July 28 claim they defeated Maduro by a wide margin. The document states it was meant to be confidential, but Jorge Rodriguez, head of the National Assembly and Maduro's chief negotiator, presented it during a nationally televised press conference hours after a local news outlet published parts of it. The letter shows Gonzalez as the sender and is addressed to Rodriguez, who signed it as recipient. Rodriguez told reporters Gonzalez signed the letter of his own volition. Gonzalez, ...

Updated On: 19 Sep 2024 | 9:27 AM IST

Venezuela's main opposition coalition on Monday called on the US to cancel the licenses that allow Chevron and other energy companies to operate in the South American country to pressure President Nicols Maduro to negotiate a transition from power. The appeal came from an adviser to the campaign of Edmundo Gonzlez Urrutia, who represented the Unitary Platform coalition in the July 28 election, and his main backer, opposition leader Maria Corina Machado. Gonzlez and Machado claim their campaign won the vote by a wide margin, contradicting the decision of national electoral authorities to declare Maduro the winner. We want them cancelled this is a lifeline to the regime, adviser Rafael de la Cruz said in reference to the licenses during a panel discussion hosted by a Washington-based think tank. We want all the oil companies to go to Venezuela. So, it's not about the companies. It's about the situation that is impoverishing the country so badly that practically the whole population ..

Updated On: 17 Sep 2024 | 7:37 AM IST

Venezuelan opposition leader Maria Corina Machado tried to reassure supporters Monday that her coalition still hopes to gain control of the presidency despite the departure into exile of their candidate Edmundo Gonzlez Urrutia. Machado's group maintains that it has evidence that Gonzlez won the July 28 presidential election by a wide margin against Venezuela's authoritarian incumbent president, Nicols Maduro, despite his claim to have won. Machado told an online meeting Monday of opposition leaders, reporters and others that her group still hopes to see Maduro leave office in January, even if for voters those hopes seem increasingly tenuous since Gonzlez's decision to flee into exile to Spain over the weekend. She said the former diplomat could fulfill the role of opposition candidate with much greater protection and security from abroad. She herself has gone into hiding in the weeks since the election, while Maduro's government has arrested more than 2,000 people and cracked down o

Updated On: 10 Sep 2024 | 7:43 AM IST

Maduro to Zelensky: Here are all the world leaders Elon Musk has clashed with

Updated On: 02 Sep 2024 | 2:47 PM IST

Responding to Biden's remarks later Thursday, Maduro said he "completely and absolutely rejects that the US government intends to become the electoral authority of Venezuela or any other place

Updated On: 16 Aug 2024 | 7:59 AM IST

President Nicolas Maduro said he has ordered a 10-day block on access to X in Venezuela, accusing the owner Elon Musk of using the social network to promote hatred after the country's disputed presidential election. Associated Press journalists in Caracas found that by Thursday night posts had stopped loading on X on two private telephone services and state-owned Movilnet. Elon Musk is the owner of X and has violated all the rules of the social network itself, said Maduro in a speech following a march by pro-government groups. Maduro alleged Musk has incited hatred. Maduro also accused the social network of being used by his opponents to create political unrest. Venezuela's president said he had signed a resolution with the proposal made by CONATEL, the National Telecommunications Commission, which has decided to remove the social network X, formerly known as Twitter, from circulation in Venezuela for 10 days so that they can present their documents. Maduro did not provide more ...

Updated On: 09 Aug 2024 | 10:25 AM IST

The US has said it's clear the opposition won the most votes, a position shared by several countries

Updated On: 03 Aug 2024 | 8:12 AM IST

The lack of options is stranding Venezuelans who live abroad but returned to vote in the July 28 election

Updated On: 03 Aug 2024 | 7:58 AM IST

In Venezuela, protesters took to streets, waving flags and demanding President Nicolas Maduro acknowledge he lost Sunday's election to an opposition that claimed it clinched a landslide victory

Updated On: 31 Jul 2024 | 9:59 AM IST

As thousands of people demonstrated across Venezuela, opposition candidate Edmundo Gonzalez on Monday announced that his campaign has the proof it needs to show he won the country's disputed election whose victory electoral authorities handed to President Nicolas Maduro. Gonzalez and opposition leader Maria Corina Machado told reporters they have obtained more than 70 per cent of tally sheets from Sunday's election, and they show Gonzalez with more than double Maduro's votes. Both called on people, some of whom protested in the hours after Maduro was declared winner, to remain calm and invited them to gather peacefully at 11 am Tuesday to celebrate the results. I speak to you with the calmness of the truth, Gonzalez said as dozens of supporters cheered outside campaign headquarters in the capital, Caracas. We have in our hands the tally sheets that demonstrate our categorical and mathematically irreversible victory. Their announcement came after the National Electoral Council, whic

Updated On: 30 Jul 2024 | 9:19 AM IST

Add Venezuelan President Nicolas Maduro to the growing list of foreign leaders with whom tech billionaire Elon Musk has picked a fight. Following the results of Venezuela's presidential election, in which Maduro and his opponents each claimed victory, the owner of X took to the social media platform to accuse the self-proclaimed socialist leader of major election fraud. Shame on Dictator Maduro, Musk said Monday. Maduro in turn trashed Musk as the archenemy of Venezuela's peace. Officials delayed the release of detailed vote tallies from Sunday's election after proclaiming Maduro the winner with 51 per cent of the vote, compared with 44 per cent for retired diplomat Edmundo Gonzalez. The competing claims set up a high-stakes standoff. After failing to oust Maduro during three rounds of demonstrations since 2014, the opposition put its faith in the ballot box. The elections were among the most peaceful in recent memory, reflecting hopes that Venezuela could avoid bloodshed and end

Updated On: 30 Jul 2024 | 8:33 AM IST

Venezuelan President Nicols Maduro was formally declared the winner of his country's disputed presidential election Monday, a day after the political opposition and the entrenched incumbent both claimed victory in the contest. The National Electoral Council, which is loyal to Maduro's ruling party, announced his victory, handing him a third six-year term as the leader of an economy recovering from collapse and a population desperate for change. The ministers of defence, communications and technology and the head of the National Assembly applauded. We have never been moved by hatred. On the contrary, we have always been victims of the powerful," Maduro said in the nationally televised ceremony. "An attempt is being made to impose a coup d'tat in Venezuela again of a fascist and counterrevolutionary nature. We already know this movie, and this time, there will be no kind of weakness, he added, saying that Venezuela's law will be respected. There was no immediate comment from the ...

Updated On: 30 Jul 2024 | 7:49 AM IST

Authoritarian leader Nicolas Maduro was declared the winner in contentious Venezuelan election amid widespread irregularities in polls, sparking protests

Updated On: 29 Jul 2024 | 1:47 PM IST

Blinken on Monday said the international community was watching closely and would respond accordingly

Updated On: 29 Jul 2024 | 12:40 PM IST

The future of Venezuela is on the line. Voters will decide Sunday whether to reelect President Nicolas Maduro, whose 11 years in office have been beset by crisis, or allow the opposition a chance to deliver on a promise to undo the ruling party's policies that caused economic collapse and forced millions to emigrate. Historically fractured opposition parties have coalesced behind a single candidate, giving the United Socialist Party of Venezuela its most serious electoral challenge in a presidential election in decades. Maduro is being challenged by former diplomat Edmundo Gonzlez Urrutia, who represents the resurgent opposition, and eight other candidates. Supporters of Maduro and Gonzalez marked the end of the official campaign season Thursday with massive demonstrations in the capital, Caracas. Here are some reasons why the election matters to the world: Migration impact. The election will impact migration flows regardless of the winner. The instability in Venezuela for the pas

Updated On: 27 Jul 2024 | 7:00 AM IST

At a crossroads not far from a gas station overgrown with weeds, young men and women in faded green fatigues stop vehicles returning from a rally for opponents of Venezuelan President Nicolas Maduro, ask passengers for their identifications, and inspect their cars, trucks and motorcycles. Such checkpoints have proliferated across the country's vast tropical plains, forested highlands and beach fronts in the run-up to Sunday's presidential election, aiming to intimidate and occasionally detain government critics. They often involve a request for a ride, bananas or collaboration Venezuela's euphemism for a small bribe. But the power play frequently falls flat. When their superiors slip away from the scorching sun, the grunts betray their displeasure with Maduro and openness to a new commander in chief. Did the lady arrive? Were there a lot people? one giddy soldier asks about opposition leader Maria Corina Machado. We wanted to watch, but there is no Wi-Fi here, whispers another. S

Updated On: 23 Jul 2024 | 1:33 PM IST

It's a tale of two dramatically different political campaigns. On Monday, throngs of supporters of President Nicols Maduro rallied at a giant stage draped in the red, yellow and blue colors of Venezuela's flag outside the electoral council headquarters where he is expected to make official his candidacy for a third term. Meanwhile, his would-be rivals tried to register their candidate, an 80-year-old unknown newcomer, before a midnight deadline but found they were unable to do so in what the opposition denounced as the latest attack on Venezuela's democracy. Polls show that Venezuelans would trounce the unpopular Maduro by a landslide if given half a chance. But the self-proclaimed socialist leader has so far managed to block his chief opponents from running while alternately negotiating and then reneging on minimal electoral guarantees promised to the U.S. government in exchange for relief from oil sanctions In a creative attempt to force Maduro's authoritarian hand, two smaller .

Updated On: 26 Mar 2024 | 7:29 AM IST

As Venezuela's government would have it, President Nicolas Maduro and members of his inner circle have been the target of several conspiracies since last year that could have left them injured or worse. Few details have been released about the alleged plots. But the government has cited them in the arrests of more than 30 people since January including a prominent human rights attorney and staffers of the leading opposition presidential candidate. Local and international nongovernment groups, the United Nations and foreign governments have described the crackdown as a pretext to stifle political opposition ahead of the July 28 president election in which Maduro, in power since 2013, will seek a new six-year term. The latest arrests took place on Wednesday shortly before the country's top prosecutor announced arrest warrants for nine people working with Machado's campaign whom he accused of participating in one plot. Oscar Murillo, general coordinator for the Venezuelan human rights

Updated On: 21 Mar 2024 | 11:26 AM IST