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‘There’s no turning back’: Venezuela’s Guaido remains defiant after failed attempt to recruit military

01 May 2019, Venezuela, Caracas: Demonstrators critical of the government clash with the security forces of the state. After the last conflict-laden days, interim president Guaido, with the support of his supporters, wants to continue exerting pressure on head of state Maduro. “There’s no turning back,” Juan Guaido, opposition leader, said as he addressed thousands of supporters on the streets of Caracas on Wednesday. Speaking to supporters in the capital city on the same day, Guaido said a seri


01 May 2019, Venezuela, Caracas: Demonstrators critical of the government clash with the security forces of the state. After the last conflict-laden days, interim president Guaido, with the support of his supporters, wants to continue exerting pressure on head of state Maduro. “There’s no turning back,” Juan Guaido, opposition leader, said as he addressed thousands of supporters on the streets of Caracas on Wednesday. Speaking to supporters in the capital city on the same day, Guaido said a seri
‘There’s no turning back’: Venezuela’s Guaido remains defiant after failed attempt to recruit military Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-02  Authors: sam meredith
Keywords: news, cnbc, companies, recruit, day, caracas, turning, guaido, failed, remains, maduro, defiant, attempt, venezuelas, military, venezuela, state, theres, president, supporters, support


'There's no turning back': Venezuela's Guaido remains defiant after failed attempt to recruit military

01 May 2019, Venezuela, Caracas: Demonstrators critical of the government clash with the security forces of the state. After the last conflict-laden days, interim president Guaido, with the support of his supporters, wants to continue exerting pressure on head of state Maduro. Rafael Hernandez | picture alliance via Getty Images

Venezuelan opposition supporters gathered for a second day of mass protests against embattled President Nicolas Maduro on Wednesday, less than 24 hours after violent clashes with pro-government forces. “There’s no turning back,” Juan Guaido, opposition leader, said as he addressed thousands of supporters on the streets of Caracas on Wednesday. The leader of the opposition-controlled National Assembly described the latest wave of anti-government demonstrations as an “irreversible process” and promised to continue protesting every day in order to “achieve freedom.” Pro-government demonstrations took place at the same time, with rival groups both seeking to project strength at May Day rallies. Maduro has accused protesters of “serious crimes” that would “not go unpunished.” He also repeated claims that the U.S. was plotting a coup against him. It comes at a time when tensions in Venezuela are reaching boiling point, with the South American country in the midst of one of the Western Hemisphere’s worst humanitarian crises in recent memory.

Maximum restraint

Guaido declared himself Venezuela’s rightful interim president in January and has since been recognized by more than 50 countries, including the U.S. and most Latin American and European countries. But, Maduro has refused to cede power and, crucially, he still has the support of the military. The protracted political stand-off has thrust the oil-rich, but cash-poor, country into uncharted territory — whereby it now has an internationally-recognized government, with no control over state functions, running parallel to Maduro’s regime.

U.S. Secretary of State Mike Pompeo has said military action in Venezuela was “possible” if necessary, but the U.S. would prefer to negotiate a peaceful transition of power. Russia’s Foreign Minister Sergei Lavrov warned President Donald Trump’s administration not to take any “aggressive ” steps. Meanwhile, the United Nations has called on all sides to show “maximum restraint.”

Operation Freedom

Guaido said via Twitter on Wednesday that the “final phase” of what he called ‘Operation Freedom’ had started with millions of Venezuelans on the street, a weakened regime, strong international support and communication with military officials. Speaking to supporters in the capital city on the same day, Guaido said a series of staggered strikes would start from Thursday — eventually culminating in a nationwide general strike. “Guaido is trying to spark an escalation of protests to try to bring on board those members of the armed forces that are still aligned to Maduro,” Diego Moya-Ocampos, principal political analyst for Latin America at IHS Markit, told CNBC via telephone on Wednesday. “He is trying to invite the top military commands to join his struggle against Maduro to restore democracy and constitutional order in the country,” he added. On Tuesday, Guaido posted a video showing him alongside a several men in military uniform saying he had the support of “brave” soldiers in Caracas. He urged his supporters to join him on the streets, sparking clashes between thousands of anti-government protesters and forces loyal to Maduro.

Venezuelan opposition leader Juan Guaido, who many nations have recognised as the country’s rightful interim ruler, gestures as he speaks to supporters during a rally against the government of Venezuela’s President Nicolas Maduro and to commemorate May Day in Caracas Venezuela, May 1, 2019. REUTERS | Carlos Garcia Rawlins

Moya-Ocampos said it was important for external observers to remember that some top military commanders remained highly involved in illicit activities. They are especially fearful a regime change could see them held accountable for any involvement in corruption or gross human rights violations. Therefore, Moya-Ocampos said it would be “essential” for Guaido to show those considering whether to switch allegiance that he has the authority to provide them with any necessary guarantees.

Social, economic and security situation will remain ‘dire’

Pressure is building on Maduro to step down. The socialist leader has overseen a long economic meltdown, marked by hyperinflation, mounting U.S. sanctions and collapsing oil production. As a result, some three million Venezuelans have fled abroad over the past five years to escape worsening living conditions.

Venezuela’s President Nicolas Maduro takes part in a video conference with members of the military in Caracas, Venezuela February 21, 2019. Miraflores Palace | Handout via REUTERS


Company: cnbc, Activity: cnbc, Date: 2019-05-02  Authors: sam meredith
Keywords: news, cnbc, companies, recruit, day, caracas, turning, guaido, failed, remains, maduro, defiant, attempt, venezuelas, military, venezuela, state, theres, president, supporters, support


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Brexit deal rejected again: Here’s what could happen now

The leader of the United Kingdom Theresa May has failed again in her bid to get her Brexit deal past Parliament, leading to fevered speculation that she must now call a general election. May’s template to leave the bloc has been rejected three times and currently there is no other deal agreed with the European Union. The prime minister had faced an uphill task to overturn the 149-vote rejection of her EU divorce deal when it was last voted on earlier this month. It would also would mark the coun


The leader of the United Kingdom Theresa May has failed again in her bid to get her Brexit deal past Parliament, leading to fevered speculation that she must now call a general election. May’s template to leave the bloc has been rejected three times and currently there is no other deal agreed with the European Union. The prime minister had faced an uphill task to overturn the 149-vote rejection of her EU divorce deal when it was last voted on earlier this month. It would also would mark the coun
Brexit deal rejected again: Here’s what could happen now Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-29  Authors: david reid, mike newberg
Keywords: news, cnbc, companies, general, heres, election, failed, brexit, party, happen, deal, eu, rejected, leave, vote


Brexit deal rejected again: Here's what could happen now

The leader of the United Kingdom Theresa May has failed again in her bid to get her Brexit deal past Parliament, leading to fevered speculation that she must now call a general election.

May’s template to leave the bloc has been rejected three times and currently there is no other deal agreed with the European Union.

The prime minister had faced an uphill task to overturn the 149-vote rejection of her EU divorce deal when it was last voted on earlier this month. May had even offered her future resignation in an apparent exchange for the support of the deal, but the victory failed to materialize and was rejected on Friday afternoon by a margin of 58 votes.

With Britain now set to leave the EU on April 12 and with no formal agreed deal in place, there could be a no-deal Brexit, yet another vote on May’s agreement or even a second referendum. Some on Friday suggested that a new government would be a possible next step.

The EU has previously indicated that it would extend Britain’s membership to allow any election to be held. It would also would mark the country’s third general election in four years.

After the vote on Friday, the leaders of the main opposition Labour party and Scottish National Party both responded by calling for May to now hold a general election.


Company: cnbc, Activity: cnbc, Date: 2019-03-29  Authors: david reid, mike newberg
Keywords: news, cnbc, companies, general, heres, election, failed, brexit, party, happen, deal, eu, rejected, leave, vote


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South Korea may be the biggest loser in failed talks at the Trump-Kim summit

South Korea — and its President Moon Jae-in — may be the biggest losers after a summit between U.S. President Donald Trump and North Korean leader Kim Jong Un ended without a deal, analysts said. The summit was cut short on the final day after both sides failed to agree on denuclearizing North Korea and lifting economic sanctions on Pyongyang. “South Korea loses the most from the Hanoi summit ending without agreement,” according to Alison Evans, deputy head of Asia Pacific country risk at consul


South Korea — and its President Moon Jae-in — may be the biggest losers after a summit between U.S. President Donald Trump and North Korean leader Kim Jong Un ended without a deal, analysts said. The summit was cut short on the final day after both sides failed to agree on denuclearizing North Korea and lifting economic sanctions on Pyongyang. “South Korea loses the most from the Hanoi summit ending without agreement,” according to Alison Evans, deputy head of Asia Pacific country risk at consul
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Company: cnbc, Activity: cnbc, Date: 2019-03-01  Authors: yen nee lee, antonio masiello, getty images news, getty images
Keywords: news, cnbc, companies, north, trumpkim, korea, support, sanctions, loser, moons, failed, president, talks, kim, biggest, moon, hanoi, summit, south


South Korea may be the biggest loser in failed talks at the Trump-Kim summit

South Korea — and its President Moon Jae-in — may be the biggest losers after a summit between U.S. President Donald Trump and North Korean leader Kim Jong Un ended without a deal, analysts said.

Trump and Kim met in Hanoi, Vietnam for a two-day meeting that ended Thursday. The summit was cut short on the final day after both sides failed to agree on denuclearizing North Korea and lifting economic sanctions on Pyongyang.

“South Korea loses the most from the Hanoi summit ending without agreement,” according to Alison Evans, deputy head of Asia Pacific country risk at consultancy IHS Markit.

For Seoul, Thursday’s developments dimmed prospects of re-starting inter-Korean projects that have been stalled by sanctions, Evans wrote in a Thursday note. Political support for Moon could also fall further, she added.

“Importantly, Moon’s support rating has fallen steadily … Without progress on North Korea, Moon’s domestic agenda becomes his only metric of success for voters, who have already criticised his administration for failing to deliver on economic metrics such as unemployment,” she added.


Company: cnbc, Activity: cnbc, Date: 2019-03-01  Authors: yen nee lee, antonio masiello, getty images news, getty images
Keywords: news, cnbc, companies, north, trumpkim, korea, support, sanctions, loser, moons, failed, president, talks, kim, biggest, moon, hanoi, summit, south


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