Venezuela’s dictator Nicholas Maduro has been embarrassed. In a transparent bid to rally political support, he asked voters to demand that their government annex two-thirds of Guyana through a hastily called plebiscite.
Venezuelans did overwhelmingly support the plainly one-sided poll, but turnout was small and noticeably lacking in enthusiasm. It was not the result the regime expected or craved as it attempted to divert attention from political and economic woes in the face of a newly competitive presidential campaign.
In its decade in power, the Maduro regime has presided over economic collapse, including the largest humanitarian crisis in the modern history of Latin America. More than seven million people have fled Venezuela out of an original population of some 30 million, according to estimates.
The economy is a fraction of its size in 2013. Inflation tops Syria and Zimbabwe as the highest in the world. The regime and its supporters like to blame US sanctions for economic collapse, but the crisis began well before sectoral energy restrictions were levied in 2019.
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