• Wald Joins Bloomberg to Discuss EU Nations Backing Opposition Venezuela Leader

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  • Venezuela Update: More Recognition for Juan Guaidó

    The United Kingdom, France, Germany, and Spain are now among the countries that have officially recognized Juan Guaidó, the head of the National Assembly, as interim president of Venezuela. This follows Nicolás Maduro’s rejection of a European deadline to call fresh elections—Maduro responded by offering to call a parliamentary vote instead of a presidential one.

    Jason Marczak, director of the Atlantic Council’s Adrienne Arsht Latin America Center, brings us up to speed on the latest developments in South America’s oil-rich, crisis-riddled nation. Here are excerpts from our interview.

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  • Marczak Joins BBC to Discuss Venezuela Opposition Recognition

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  • Venezuela and Great Power Competition

    A new era of great power competition took shape in Venezuela this past week.
    As the first battle of this epoch, the contest for the future of Venezuela will have outsized consequences on what forces and values – democratic or autocratic – will determine not only the country’s future but also influence the regional and global future.

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  • Marczak Joins NPR to Discuss Recent History of Venezuela and its Relationship with World Powers

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  • New Venezuela Sanctions Need Timely Results

    On January 28, the Trump administration again turned to sanctions to ratchet up pressure on Venezuela’s Nicolás Maduro to step down.

    The new sanctions measures severely limit key US revenue streams for PdVSA—Venezuela’s state-owned oil and natural gas company—by mandating that any money intended for PdVSA be deposited into blocked accounts, accessible only with authorization from the Trump administration. While PdVSA’s US subsidiary, Citgo, may continue to purchase and import petroleum products (at least until July 27), all payments must also be made into a US-based blocked account. Should that authorization expire, the result will effectively be a US oil embargo affecting a major source of crude oil for the southern United States. Further, the sanctions immediately ban the export of US diluents to Venezuela.  This ban will hamper Venezuelan production in the near term as replacing the US suppliers will take time and likely be more expensive.

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  • Venezuela’s Interim Government Shuns Maduro’s Offer of Dialogue

    ‘The only thing we will accept is our agenda: how do we negotiate his exit?’ says Carlos Vecchio, Juan Guaidó’s representative in Washington

    Venezuela’s interim leaders, sensing that their dream of freedom “is tantalizingly close,” are in no mood to enter into a dialogue with Nicolás Maduro’s regime, which has driven the oil-rich South American nation into a humanitarian crisis while cracking down on its opponents.

    This week, under pressure from a growing number of countries, including the United States, Maduro has sought to involve his international backers, including Russia and Mexico, in a new process of dialogue with the opposition.

    Venezuela’s interim government is having none of it.

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  • Wald in Bloomberg: How a New Venezuela Can Avoid the Oil Curse

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  • Guaidó Takes the Helm: Supporting the New Venezuelan Interim Government

    On January 30, 2019, the Atlantic Council’s Adrienne Arsht Latin America Center gathered distinguished experts and governmental leaders to discuss the new interim government of Venezuela—led by Juan Guaidó, the head of the National Assembly—and the future of democratic transition in the country. The event served as the first public forum for newly appointed ambassadors of the Guaidó administration, as well as a focal point for discussing the international community’s role in supporting the prospects for democracy in Venezuela. The event consisted of two panel discussions, followed by questions from the audience.

    The first panel featured the following speakers: Carlos Vecchio, Chargé d’Affairs to the United States by the Interim Government of Venezuela; Julio Borges, Representative to the Lima Group for the Interim Government of Venezuela; David Smolansky, Coordinator for the Working Group to Address the Regional Crisis Caused by Venezuelan Migrant and Refugee Flows at the Organization of American States. The second panel featured the following speakers H.E. David O’Sullivan,Ambassador to the United States from the European Union; H.E. Manuel María Cáceres,Ambassador to the United States from the Republic of Paraguay; H.E. Alfonso Silva,Ambassador to the United States from the Republic of Chile, and the Hon. Ed Royce, former Chairman of the House Foreign Affairs Committee in the US House of Representatives.

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  • Venezuela: What’s Next?

    Even by Venezuela’s standards, it has been an unprecedented week for this oil-rich South American nation. In a span of a few days, the crisis that has been simmering for the past few years has reached a boiling point as the international community, including the United States, has turned up the heat on Nicolás Maduro’s regime.
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