As hundreds of thousands of his citizens took to the street demanding his departure, governments everywhere called on the president to step down. Neighboring states absorbed those who fled, creating a refugee crisis.
Venezuela’s state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Russia’s Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday.
There are three main scenarios for Venezuela following the decision by the United States and dozens of major world democracies to recognize Juan Guaidó as legitimate president, and to demand free elections to end that country’s humanitarian crisis.
Venezuelan dictator Nicolás Maduro still has the backing of the military, despite new documents revealing that thousands of soldiers had deserted him in recent years as the regime struggled to temper the erosion of its armed forces.