It seemed sure that, starting January 10, Venezuela would experience high uncertainty. Nicolás Maduro swore in the presidency for the 2019-2015 government period in front of the Supreme Court of Justice (TSJ), when the constitution of that country dictates that it is before Parliament that the president must present the inauguration. Both the international community and the National Assembly (AN), declared in contempt by the Supreme Court, mark Maduro as an usurper. The illegitimacy of the president is discussed globally and Juan Guaidó is recognized as interim president of the Republic.
After several days up in Argentina, the devaluation of the Argentine peso and the rise of the US dollar have had some impact on the other side of the River Plate, where the exchange houses of downtown Montevideo marked on Wednesday the value of the currency up to 31,70 Uruguayan pesos per dollar, a rise of 2.08% compared to Monday —the highest in five years—. For the Uruguayan government, the country follows the global trend and calls for calm, beyond the noise generated in Argentina, which is beginning a dialogue between the Finance Minister, Nicolás Dujovne, and the International Monetary Fund (IMF) in Washington.
The governor of Brazil’s northern state of Roraima on Friday asked the Supreme Federal Tribunal for permission to temporarily close the only land border crossing with neighboring Venezuela to halt the massive and disorderly arrival of refugees. But Brazil’s President Michel Temer, attending the Summit of the Americas in Lima, said closing the border was “unthinkable.”