What is happening in Venezuela and why it matters - News Summed Up

What is happening in Venezuela and why it matters


Here is how Venezuela, once one of Latin America’s most prosperous countries, has reached this point in an economic and political crisis. The United States, Canada, and many Latin American and European countries recognised him as the legitimate head of state. While he has blamed sanctions imposed by the United States, others have attributed Venezuela’s economic demise to mismanagement and corruption. The United States also has called on other members of the United Nations to revoke the credentials of Maduro’s delegation. Trump has not ruled out the use of military force in Venezuela, setting up a potential conflict with Russia, which backs Maduro.


Source: bd News24 May 01, 2019 11:48 UTC



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