Demonstrators clashed violently with police on the streets of the Venezuelan capital on Tuesday, spurred by opposition leader Juan Guaido's call on the military to rise up against President Nicolas Maduro, whose government said it was putting down an attempted coup.
Tens of thousands of Argentines demonstrated on Tuesday in a partial strike that grounded airplanes and shut banks and other businesses to protest the economic policies of President Mauricio Macri.
The United States claimed on Tuesday that Venezuelan President Nicolas Maduro was on his way out, saying he had a plane ready and that senior officials were plotting to oust him, even as the leftist firebrand appeared to survive a military uprising.
Argentina’s embattled peso currency gained briefly against the dollar on Tuesday after the central bank announced measures aimed at controlling volatility of the currency amid a grinding recession.
President Donald Trump slammed the Federal Reserve on Tuesday for incessantly raising interest rates and said cutting rates by a full point would make the economy surge.
The president in charge of Venezuela, Juan Guaidó, announced from the military air base of La Carlota that since Tuesday, April 30, Operation Libertad began to “cease the usurpation” of Nicolás Maduro's regime. Civilians gathered at the east of Caracas in support of the military insurrection and Military supporters of Maduro government took part of the base of the Military Aviation, armed with long weapons.
An armored vehicle of the National Guard (GN) of Venezuela intentionally ran over a group of citizens who were demonstrating in support of the call to activate the so-called “operation freedom”, led by the president in charge Juan Guaidó on a highway in Caracas.
Argentina’s embattled peso gained strength on Monday after the central bank said it would ease limits on its foreign exchange market interventions, signaling its willingness to sell reserves in an effort to better control the volatility of the local currency. The peso began the session up 3.37% and closed 3.56% stronger at 44.37 per U.S. dollar.
A national strike will halt much of shale-rich Argentina's economy on Tuesday amid growing investor concern that market-oriented president Mauricio Macri will lose a bid for re-election in October, swinging Argentina back toward state intervention.
Brazil's foreign minister on Monday voiced high hopes for a major rally planned this week in Venezuela by Juan Guaido, the country's self-proclaimed president. Guaido, who is recognized by more than 50 countries including the United States and Brazil, has called protests for the May 1 workers' holiday that he has vowed will be “the biggest in the history” of Venezuela.