The Ultimate Guide to venezuela





Six days later, Musk sought to clarify his position with a statement in which he pointed to discussions with the managing director of the Saudi Arabian sovereign wealth fund as the source of his "funding secured" declaration.

Television screens up and down the country only showed jubilant crowds, draped in the Venezuelan flag, dancing and cheering on the president.

Temir Porras, a 2019 visiting professor at Paris Institute of Political Studies who was Maduro's chief of staff during his tenure as foreign minister, said that in the early days of Chavismo, Maduro was considered "pragmatic" and a "very skilled politician" who was "good at negotiating and bargaining".

The future of Venezuela and whether it can rebuild matters for the rest of the world - mass emigration has fuelled a migration crisis on the US border, its vast oil reserves remain relatively unusable, and it remains an ally for Russia, China, Cuba and Iran in the West.

On August 7, 2018, Musk dropped a bombshell via a tweet: "Am considering taking Tesla private at $420. Funding secured." The announcement opened the door for legal action against the company and its founder, as the SEC began inquiring about whether Musk had indeed secured the funding as claimed.

The security forces have so far remained loyal to Mr Maduro, who has rewarded them with frequent pay rises and put high-ranking military men in control of key posts and industries.

In an attempt to overcome the sanctions and restart the economy, in February 2018 the Maduro government introduced the petro, a copyright (akin to the Bitcoin) whose value was tied to the price of one barrel of Venezuelan crude oil and backed by the country’s reserves of gold, diamonds, gas, and oil. Maduro claimed that the first day of petro sales had netted some $735 million, but skeptics viewed the creation of the world’s first state-backed digital currency as a sign of desperation.

Mr. Bolsonaro’s silence was unsettling for Brazil. He has consistently claimed, without evidence, that the country’s electronic voting system is rife with fraud and that the left was planning to rig the vote.

There are still a lot of unknowns. The opposition say they will announce in the coming days how they plan to challenge the results.

During the Venezuelan presidential crisis, Venezuelan National Assembly president Juan Guaidó said that the Maduro government had plans to steal for humanitarian purposes the products that entered the country, including plans to distribute these products through the government's food-distribution program CLAP.[264]

Grimes gave birth to their son on May 4, 2020, with Musk announcing that they had named the boy "X Æ A-12." Later in the month, after it was reported that the State of California wouldn't accept a name with a number, the couple said they were changing their son's name to "X Æ A-Xii."

In 2016, the Organized Crime and Corruption Reporting Project (OCCRP), an international non-governmental organization that investigates crime and corruption, gave President Maduro the Person of the Year Award that "recognizes the individual who has done the most in the world to advance organized criminal activity and corruption". The OCCRP stated that they "chose Maduro for the global award on the strength of his corrupt and oppressive reign, so rife with mismanagement that citizens of his oil-rich nation are literally starving and begging for medicines" and that Maduro and his family steal millions of dollars vlogdolisboa from government coffers to fund patronage that maintains President Maduro's power in Venezuela.

Citing articles in the constitution which in such cases call for the leader of the National Assembly to step in, Juan Guaidó declared himself acting president.

Results were similarly violent when the opposition attempted to enter Venezuela from Brazil with relief supplies. Despite some defections to the opposition, the Venezuelan military again remained largely loyal to Maduro, whose authority Guaidó brazenly flouted by prominently reentering the country on March 4 by plane at the Caracas airport.

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