
Venezuelan President Nicolas Maduro was sworn into a second term on Thursday amid international calls for him to step down, a devastating economic crisis and growing diplomatic isolation.

Mario Abdo Benítez, president of Paraguay, announced on Thursday the rupture of diplomatic relations with Venezuela after threats from the Venezuelan president in response to the repudiation of his new mandate by the Lima Group, of which Paraguay is a member.

Uruguay and Bolivia will be the only South American countries attending this Thursday the inauguration of Venezuela's Nicolas Maduro for a second five year mandate. A regime which has become an increasingly international pariah for its non democratic practices, human rights abuses, and disastrous management of the economy creating a major humanitarian crisis with food and essential pharmaceutical shortages while some three million of Venezuelans have fled the country in desperation.

Venezuelan President Nicolas Maduro on Wednesday warned he could take “diplomatic measures” against Latin American nations that signed a statement last week describing his second term, which starts on Thursday, as illegitimate.

Venezuela’s defense minister told socialist President Nicolas Maduro to step down last month, and said he would offer his own resignation if he did not, the Washington Post reported on Wednesday, citing an anonymous U.S. intelligence official.

Brazil's president Jair Bolsonaro reaffirmed his rejection of a global migration pact, saying decisions about who was able to come into his country need to be sovereign. His comments, posted in a series of messages on his Twitter account, reinforced Bolsonaro's declaration before he took office last week that he was going to pull Brazil out of the migration compact that was endorsed by the UN General Assembly in December.

US energy company ExxonMobil has started drilling one of two new exploration wells offshore Guyana. It’s the first of two wells to be drilled this month. The world’s largest publicly traded international oil and gas company said in a statement that the Stena Carron drillship is drilling the Haimara-1 well, located 19 miles east of the Pluma-1 discovery in the southeast Stabroek Block.

Venezuela Supreme Court judge Christian Zerpa has fled to the United States to protest over President Nicolás Maduro's second term in office. Last year's election “was not free and competitive”, the former Maduro loyalist told a Florida radio station, and he accused President Maduro of systematically manipulating the affairs of the Supreme Court.

Mexico’s new government on Friday called on its peers to refrain from interfering in Venezuela’s internal affairs, declining to back a regional declaration that urged Venezuelan President Nicolas Maduro not to take office on Jan. 10.

Academics of the Central University of Venezuela (UCV) debated between December 20 and 26 on the constitutional end of Nicolás Maduro's office term between 2014-2019 and propose three clear lines against the question of the oath of office on the 10th of January. The new period (2019-2025) won't be recognized by the International Community.