Venezuela’s Maduro expected to confirm re-election bid

Hello and welcome to the details of Venezuela’s Maduro expected to confirm re-election bid and now with the details

Venezuela’s Maduro expected to confirm re-election bid

Nevin Al Sukari - Sana'a - File photo of this handout picture released by Miraflores Press Office showing Venezuela’s President Nicolas Maduro speaking during his television program in Maturin, Monagas State, Venezuela on March 11, 2024. — AFP pic

CARACAS, Venezuela, March 16 — Venezuela’s President Nicolas Maduro is expected to confirm today that he will seek a third term in July 28 elections after 11 years in office marked by sanctions, economic collapse and accusations of widespread repression.

The ruling PSUV has said it will officially announce its candidate today for elections from which Maduro’s main rival — the favorite in opinion polls — has been excluded.

There had been no challenge to 61-year-old Maduro within the “Chavista” movement, in power for 25 years and named for the president’s popular predecessor Hugo Chavez.

Since 2013, Maduro has presided over severe economic crisis, worsened by US sanctions, that has seen seven million people flee the country as GDP plummeted by 80 percent in a decade.


“I know that we have had it hard... but what will come, from now to 2030, is progress,” Maduro vowed this week at a political rally in Carupano in Venezuela’s east.

Maduro has held on to power through a system of political patronage, and with backing from the military, and three key foreign allies: Cuba, Russia and China. He has consolidated power over parliament, the judiciary and other state institutions, while jailing and neutralising critics and challengers.

Opposition leader Maria Corina Machado, who polls show would beat the incumbent in a fair race, has been disqualified by Maduro-aligned courts on charges of corruption widely dismissed as spurious, and for supporting Western sanctions against the regime.


She cannot hold public office for 15 years, nor can the man widely seen as her natural replacement, two-time presidential candidate Henrique Capriles.

A man walks pass a mural painted with the comic character ‘Super Bigote’ (Super Mustache), inspired in Venezuelan President Nicolas Maduro, in Caracas on March 12, 2024. — AFP pic

A man walks pass a mural painted with the comic character ‘Super Bigote’ (Super Mustache), inspired in Venezuelan President Nicolas Maduro, in Caracas on March 12, 2024. — AFP pic

‘One day at a time’

Maduro’s re-election to a second six-year term in 2018 — widely considered fraudulent — was not recognised by the United States and dozens of other nations, and was met with a string of sanctions.

Many countries instead recognised parliamentary leader Juan Guaido as interim president.

Yet Maduro remains firmly in charge of oil-rich Venezuela after his rival’s government imploded and the war in Ukraine choked energy supplies and shifted global priorities.

After the government and the opposition agreed in Barbados last year to hold a free and fair vote in 2024 with international observers present, the United States eased sanctions to allow Chevron to resume limited crude extraction.

But Washington is mulling reinstating penalties since the Maduro-aligned Supreme Court upheld Machado’s disqualification.

In January, Maduro said the Barbados agreement was “mortally wounded” after government authorities claimed to have foiled numerous US-backed plots to assassinate him.

The CNE electoral council has said it would invite election observers from the European Union and United Nations, the US-based Carter Center NGO, BRICS and the African Union, among others, though no official invitations have been sent.

In a sign of things to come, Maduro has increased his public appearances ahead of the electoral campaign period that only officially opens on July 4, promising a crisis-weary electorate everything from mattresses and shoes to building materials.

Machado, 56, has refused to bow out, for now, despite appearing to have little chance of overcoming the hurdles the state has placed in her way.

“One day at a time,” she said on a tour of the Carabobo state this week, where she was met by hundreds of avid supporters who refer to her as Venezuela’s “iron lady.”

Analysts say that unless Machado’s disqualification is somehow overturned, the opposition coalition may have to pick a substitute candidate — from among those not yet barred by the state.

The opposition could also call for an election boycott as it had in 2018. — AFP

These were the details of the news Venezuela’s Maduro expected to confirm re-election bid for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT Barrage of Russian attacks aims to cut Ukraine's lights

Author Information

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2077 Sharon Lane Mishawaka, IN 46544, USA Phone: (+1) 574-255-1083 Email: [email protected]