Venezuela's fragile opposition coalition which managed to come together to achieve victory over the Chavista government on Sunday, now faces the test of trying to stick together and use its newly won congressional authority to address the country’s deep economic problems and political rifts.
Venezuelan President Nicolas Maduro said Thursday the fatal shooting of an opposition leader appeared to be a gangland score-settling dismissing claim it was politically motivated ahead of elections. An attacker shot Luis Manuel Diaz dead on Wednesday evening in the central Guarico region at a campaign rally for the December 6 legislative elections, party officials said, ratcheting up fears that violence could erupt in the lead-up to the polls.
Venezuela's parliamentary election will be held on December 6, authorities announced on Monday, ending lengthy speculation over the date for a vote that surveys showed was likely to punish the ruling socialists.
Barely one week after Venezuela’s President of the National Assembly of Venezuela Diosdado Cabello filed a defamation suit against 22 media executives and editors for publishing reports linking him to an international drug-trafficking, another high-level minister announced they would be filing suit against opposition leader Henrique Capriles for making “false allegations.”
Venezuela's parliament has granted President Nicolas Maduro decree powers for the rest of 2015 in a move he says is to defend the country from US meddling but opponents decry as evidence of autocracy. In a noisy National Assembly session, ruling Socialist Party legislators, who have a majority, applauded the Enabling Law as a legitimate response to a US declaration that Venezuela is a security threat and sanctions on seven officials.
Backers of jailed Venezuelan opposition leader Leopoldo Lopez took to the streets of Caracas on Wednesday on the first anniversary of his arrest and subsequent jailing, but the mood of last year’s mass protests against the government of President Nicolas Maduro was markedly different.
In a three-hour State of the Nation speech to the National Assembly on Wednesday night, president Nicolás Maduro acknowledged some of the economic realities facing Venezuela: the economy contracted by 2.8% in 2014 and inflation stood at 64%.
At least a dozen protesters arrested in Venezuela remained in jail and masked assailants burned a bus overnight amid scattered unrest over swelling lines for basic goods, activists said.
Venezuela confirmed on Tuesday it had entered a recession while inflation remained the highest in the Americas, but President Nicolas Maduro's populist government blamed political foes for the dismal data. According to the latest Central bank information, GDP contracted in each of the first three quarters: 4.8%, 4.9% and 2.3%, while twelve-month inflation reached 63.6% in November.
The trial against Venezuelan hard-line opposition leader Leopoldo Lopez, who is accused of inciting violence at anti-government protests has began in Caracas. Lopez could face up to 13 years in jail if convicted.