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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.
Americas and the Caribbean

Opposition leader Machado will return to Venezuela in coming weeks

The Nobel Peace Prize winner prepares for a homecoming that the acting president warns will require her to ‘answer’ to the state.

From sanctioned to ‘legitimate’: how China bought Venezuelan oil from the US

China vows to ‘do what it can’ as US blockade leaves Cuba with just weeks of oil

Beijing pledges continued support for Cuba and champions Havana’s sovereignty as the island grapples with worsening fuel shortages.

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