UCF Global Perspectives

=

Tag Archives: Nicolas Maduro

U.N. Human Rights Chief Visits Venezuela

Posted on

U.N. High Commissioner for Human Rights, Michelle Bachelet, arrived in Venezuela on June 19 for a three-day visit (Reuters). Bachelet’s visit came amid accusations that Maduro was “silencing opponents with jail, torture and excessive violence” (AP). Bachelet met separately with Venezuelan President Nicolas Maduro and National Assembly Leader Juan Guaido (Reuters). She also met with […]

Venezuelan Power Struggle

Posted on

The Venezuelan government is facing a power struggle after opposition leader, Juan Guaido, declared himself “interim president” of Venezuela on January 23, 2019 (Venezuela Analysis). This followed the re-election of President Nicolás Maduro, where allegations of vote-buying began spreading (Reuters). The United States (US), Canadian, Brazilian, Argentinean, and Colombian governments have all recognized Guaido has […]

Venezuelan Government Announces Petroleum-Backed Cryptocurrency

Posted on

On Tuesday, the government of Venezuela launched a presale of the petro, a cryptocurrency backed by the country’s petroleum assets. The government set the opening price of each petro at $60, making the petro the first cryptocurrency to be publicly issued and controlled (El País). The government has set aside five million barrels of petroleum […]