Venezuela shows signs of opening a new global conflict

by time news

2024-08-03 01:03:43

The Venezuelan political crisis has resumed after the announcement of the quick operation of Nicolás Maduro as the winner of the July 28 elections and the immediate wave of chaos caused by the result for 48 hours: 160 dispersed and spontaneous protests of the Government reduced to conspiracies. planned by the “ultra-right” who started to “drug addicts” to carry out a “revolution”. Today the street will also be the site of the debate between the United Social Party (PSUV) and the opposition, which defends the victory “power” of Edmundo González Urrutia.

The streets of Venezuela are not, almost a week before the elections, the only scenes in which the conflict is visible. The map of the chaotic world with many war fronts is about to choose a place on the South American country. The United States declared González Urrutia the winner of the election. Blackwater, the world’s largest private military security company, is bidding to enter the service.

Local fears

The prospect of a worsening Venezuelan crisis and the warning of regional rifts is what led Mexico, Brazil and Colombia to make a decision. Andrés Manuel López Obrador, Luiz Inácio Lula da Silva and Gustavo Petro requested from CENE the publication “fast” of “distributed electoral data”. They say that “the fundamental principle of popular sovereignty must be respected by the impartiality of consequences.” They pointed out that “disputes about the electoral process must be resolved through institutional channels” and without interference. The three countries said for their part “willingness to support the efforts of communication and finding agreements that benefit the Venezuelan people”. Petro has actually Chile in this joint process when talking by phone with Gabriel Boric. Progressive Latin American governments are trying to avoid the worst consequences. Argentina, however, wants more drastic solutions. For far-right Javier Milei, Venezuela is one of the theaters in his ideological war.

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In addition, a common concern is running through many Latin American administrations: the consolidation of Maduro will cause a new wave of migration. The Venezuelan exodus, which UNHCR estimates at more than seven million, has spread mainly through Colombia, Brazil, Peru, Chile, Uruguay, Argentina and the United States. Donald Trump has already warned that the Venezuelan situation and the immigration issue will be part of his election debate.

Venezuela is a country described by experts as the South American sultanate: 94% of exports are oil. The crisis also has a flow related to hydrocarbons. OPEC has welcomed Maduro’s victory, but international crude oil prices have seen some negative shocks and not least because of the escalation of the war in Gaza and the possible weakening of Chinese demand. Washington has put on the table the possibility of new sanctions against Caracas, which could affect the reduction in Venezuelan oil exports.

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