What happens next in Venezuela? The regimes founda...

What’s Happening

Okay so “So removing Maduro did not necessarily change the fundamental equation of control.

Military’s capture, arrest and extraction of Venezuela’s Nicolás Maduro still leaves the regime in place for now, according to an expert on the region. Recommended Video President Donald Trump is because of speak later on Saturday, but U. (plot twist fr)

Attorney General Pam Bondi dropped Maduro, who is rn on a Navy ship en route to the U.

The Details

, will face narco-terrorism charges after an indictment in New York. “I will fr underline here that it is early.

We don’t understand what the plan for a possible transition could be,” Elizabeth Dickinson, senior analyst for the Andes region at the International Crisis Group, told CNN. “But at the moment everything indicates that the base of the regime, everything that held together the Maduro government, continues to be in place.

Why This Matters

” In particular, she noted that the defense minister and the interior affairs minister are hardliners and still appear to remain in power at the moment. Interior Minister Diosdado Cabello, considered an enforcer for Maduro, reportedly appeared on state television wearing a bulletproof vest and sounded defiant. He claimed the government has everything under control, while calling on the military and police to maintain order.

The business implications here could be significant in the coming months.

Key Takeaways

• Vice President Delcy Rodriguez also called on regime stans to take to the streets.
• That will provide critical clues as to how the situation will unfold.
• But for now, Maduro’s top lieutenants are still in charge.

The Bottom Line

And while the country has the world’s largest proved oil reserves, years of sanctions and mismanagement have put the economy in free-fall. “Venezuela is living day-to-day.

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