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CNN —Venezuelans headed to the polls on Sunday to vote in a highly consequential presidential election where the country’s longtime strongman, Nicolas Maduro, will face one of his greatest political challenges yet, say analysts. Of the nine other candidates running for the presidency, his biggest challenger is a unified opposition movement that overcame their divisions to form a coalition known as the Democratic Unitary Platform. The opposition movement has maintained its momentum despite sustained government repression, in which their first-choice candidate, María Corina Machado, was disqualified from running. The government has also created significant impediments for the millions of Venezuelans abroad to vote, including widely unattainable passport and residency requirements. But several international election observers have announced this week that they will no longer travel to Venezuela to monitor the vote.
Persons: Nicolas Maduro, Maduro, Hugo Chavez’s, María Corina Machado, Machado, Edmundo González Urrutia, Matias Delacroix, , Laboratorio de, Jimmy Carter –, Luiz Inácio Lula da Silva, ” Laura Cristina Dib, CNN’s Stefano Pozzebon, David Shortell, Michael Rios Organizations: CNN, Democratic, International Monetary Fund, European Union, The Carter, Washington Office Locations: Venezuela, Latin America, Caracas, United States, Laboratorio de Paz, Venezuelan, America, WOLA
Caracas CNN —It would be easy to dismiss this Sunday’s presidential election in Venezuela as a fait accompli. The opposition campaign has re-energized its bases, and the candidature of Edmundo González has attracted widespread support in Venezuela and abroad. A chance to rebuild Venezuela’s economic power“On the ballot is how long it’ll take to fix Venezuela’s economy,” said Asdrubal Oliveros, founder of Caracas firm Ecoanalitica, in his weekly podcast on July 8. Once the fifth-largest economy in Latin America, today Venezuela’s economy has shrunk to the equivalent of a medium-sized city, smaller than say, Milwaukee, according to data from the IMF. As Venezuela’s economy has crumbled, around eight million Venezuelans have already fled their country, many of them scattered across South America.
Persons: Nicolas Maduro, , , Laboratorio de Paz, Edmundo González, Asdrubal Oliveros, Andres, Maduro, Edmundo Gonzalez, Maria Corina Machado, Gabriela Oraa, Gonzalez, Consultores, Putin, Xi Jinping, who’s, , Donald Trump Organizations: Caracas CNN —, Laboratorio, IMF, Andres Bello Catholic University, Central University of Venezuela, of American, World Bank, Inter, American Development Bank, Supreme, CNN Locations: Caracas, Venezuela, Ecoanalitica, Latin America, Milwaukee, AFP, United States, Americas, South America, Venezuelan, America, China, Iran, Russia, Miami, Cuba, Maduro, of American States, Mercosur, Algiers, Brussels, Buenos Aires, Spanish, Washington, Brexit, neofascism, Europe, India, Turkey, Philippines
Only a win for his party would ensure “peace” in the country, Maduro said, adding that he expects “irreversible results” in his favor. Supporters of Venezuelan President Nicolas Maduro attend a rally in Caracas on July 16, 2024. Two days after Laboratorio’s report came out, the barred opposition leader Machado said in a post on X that her security chief had also been arrested. CNN has reached out to Venezuela’s Attorney General’s Office for comment on Ávila’s arrest and to determine whether he has legal representation. Maduro is one of 10 candidates vying for the presidency, however, several of them have minimal support and are viewed by the main opposition as government allies.
Persons: Nicolas Maduro, Maduro, Hugo Chavez, Federico Parra, – Maria Corina Machado, Corina, Laboratorio de Paz, Edmundo González Urrutia, Laboratorio’s, Machado, Milciades Ávila, , , González Urrutia, ” Machado Organizations: CNN, Organization of American, United, Venezuelan, Getty, Laboratorio, Democratic, Alliance for Development, Democracy, Venezuelan Foreign Ministry Locations: Venezuela, Caracas, Venezuelan, Canada, United States, Organization of American States, AFP, Costa Rica, Ecuador, Dominican Republic, Panama
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