Venezuela On The Brink?

Since taking power following the death of Hugo Chavez in 2013, Nicolas Maduro has adopted many tactics to remain in charge. He's introduced gimmicks to try to stave off economic collapse, blamed product shortages and growing opposition on foreigners, borrowed billions from China and Russia, ordered crackdowns on protests, arrested critics, expelled foreign journalists, stacked courts with cronies, stripped opposition-controlled legislatures of power, and rigged elections while firmly denying the crisis-plagued country is in crisis.

There's a new confrontation brewing. On Wednesday, huge numbers of protesters flooded the streets of Caracas and other major cities to demand Maduro's ouster, and the newly appointed leader of the opposition-controlled National Assembly, Juan Guaido declared himself interim president. The United States, Canada, Argentina, Brazil, Chile, Colombia, Costa Rica, Guatemala, Honduras, Paraguay and Peru quickly recognized Guaido as Venezuela's legitimate president. Mexico, Russia, China, Cuba, Bolivia, Iran, and Turkey are sticking with Maduro.

Is Venezuela on the verge of major change? There's no credible sign of that yet. Maduro will only be forced from power when senior military commanders decide that keeping him in place is more dangerous than ousting him. A direct appeal from Guaido to the military makes clear he understands that, but the strong response from security forces to this week's protests and their pledge to back Madurosuggest that moment isn't imminent.

But that's a choice that a few senior military men will make in secret. If they decide it's time to abandon Maduro, a status quo that has dragged on for years could be reversed in a matter of hours.

Public exhaustion with endless economic hardship, the scale of latest protests, and broad international support for a new government give the opposition and its new leader real momentum. They will certainly try to use it.

More from GZERO Media

Police arrest Emory economics professor Caroline Fohlin during a rally in which Pro-Palestinian protestors set up an encampment at the Emory Campus in Atlanta, on Thursday, April 25, 2024.
Arvin Temkar/The Atlanta Journal-Constitution/TNS/ABACAPRESS.COM

Pro-Palestinian student demonstrations and encampments have popped up at dozens of US universities in recent weeks. Columbia University – where protests began – and other elite schools in the Northeast have grabbed plenty of headlines, but where they are facing the harshest pushback – and could ultimately help Republicans win back the White House – is in the South.

A cannabis rights activist waves a flag outside the Eisenhower Executive Office Building in Washington, D.C. on Oct. 24, 2022.
Alejandro Alvarez/Reuters

The Biden admin. says it’s high time to reclassify marijuana as a less dangerous drug, and it wants to knock it from Schedule I to Schedule III — meaning it would no longer be grouped with heroin and LSD.

Supporters and armed members of the Fatah movement protest against the Palestinian Hamas government during a rally in Jabalya camp September 22, 2006.
REUTERS/Mohammed Salem

Beijing, already a global economic power, wants to cut a larger figure in diplomacy, cultivating an image as a more honest broker than the US, with closer ties to the so-called “Global South.”

TikTok logo on a phone surrounded by the American, Israeli, and Chinese flags.
Jess Frampton

Last Wednesday, as part of the sweeping foreign-aid package that included much-neededfunding for Ukraine’s defense, President Joe Biden signed into law a bill requiring that TikTok’s Chinese owner, ByteDance, sell the popular video-sharing app to an American buyer within a year or face a ban in the United States.

Russia And China benefit from US infighting, says David Sanger | GZERO World with Ian Bremmer

On GZERO World, Pulitzer prize-winning New York Times correspondent David Sanger argues that China's rise and Russia's aggressive stance signal a new era of major power competition, with both countries fueling instability in the US to distract from their strategic ambitions.

NYPD officers arrive at Columbia University on April 30, 2024, to clear demonstrators from an occupied hall on campus.

John Lamparski/NurPhoto via Reuters

Last night, hundreds of NYPD officers entered Columbia University in riot gear, one night after students occupied a building on campus and 13 days after students pitched an encampment that threw kerosene on a student movement against the war in Gaza.

Israel seems intent on Rafah invasion despite global backlash | Ian Bremmer | World In :60

How will the international community respond to an Israeli invasion of Rafah? How would a Trump presidency be different from his first term? Are growing US campus protests a sign of a chaotic election in November? Ian Bremmer shares his insights on global politics this week on World In :60.