Girish Gupta

HOME

PHOTOS

ONLINE

Twitter
Instagram
IFTTT
Facebook
LinkedIn
Keybase
GitHub

BY COUNTRY

Brazil
Colombia
Cuba
Ecuador
Egypt
Guyana
Iraq
Jordan
Lebanon
Mexico
United Kingdom
Venezuela

BY MEDIUM

Text
Photo
Radio
TV/Video

BY PUBLISHER

Al Jazeera
BBC
BuzzFeed
CBC
Christian Science Monitor
CNN
Daily Mail
Datum
Ecologist
Economist Intelligence Unit
Emerging Markets
Financial Times
Foreign Policy
France 24
Fusion
GlobalPost
Guardian
Independent
La Prensa (Panama)
LatinFinance
Mancunion
Monocle
National (Abu Dhabi)
New Internationalist
New Statesman
New York Times
New Yorker
NPR
PBS
PRI
Radio France Internationale
Reuters
RTE
Sky News
Sun
Sunday Times
Telegraph
TIME
Times of London
USA Today
Vice
WLRN

ABOUT

About
CV
Contact (PGP Key)
Maduro focuses efforts on anti-sanctions petition
Apr. 3, 2015 — Caracas, Venezuela

Published by Economist Intelligence Unit

Event

President Nicolás Maduro is leading a campaign to collect 10m signatures against recent measures by the US against Venezuela. He hopes to take the petition to the upcoming Summit of the Americas in Panama.

Analysis

Relations between the US and Venezuela are at their worst point in years. In early March, the Venezuelan government ordered that 80% of US diplomatic staff leave their Caracas embassy (although the two-week deadline was not enforced). Venezuela also implemented strict (albeit reciprocal) visa requirements for US citizens looking to enter Venezuela. Venezuela has also banned senior US officials from the country, including a former president, George W. Bush, and a former vice-president, Dick Cheney. In response a week later, the US declared Venezuela a national security threat and imposed sanctions on seven Venezuelan officials. They are accused of violating human rights and engaging in corruption.

Soon afterwards, Mr Maduro launched a campaign to collect signatures pushing the US to repeal the legislation. It was plastered all over state media and tables appeared in public areas all over the country inviting people to sign the petition. Many government employees or visitors to government buildings complained that they were forced or at least compelled to sign. Mr Maduro also decreed March 9th, the date that US sanctions were imposed, as the Day of Bolivarian Anti-Imperialism (a reference to Simón Bolívar, a Latin American independence hero and favourite of former president Hugo Chávez (1999-2013)).

The target was 10m signatures, which Mr Maduro hoped to take with him to the Summit of the Americas in Panama on April 10th-11th (6m have been collected so far.) However, Mr Maduro's histrionics are likely to be overshadowed by a potential first meeting between US president Barack Obama and Cuban president Raúl Castro since the warming of relations between the two countries in December.

The latest measures are seen by many to be aimed to distract from domestic problems. Indeed, they seem to be working: the latest approval ratings for Mr Maduro have risen to 25%, according to local pollster Datanálisis, from just over 20% previously.

Impact on the forecast

Despite the slight increase in Mr Maduro's approval ratings, we continue to believe that the ruling Partido Socialista Unido de Venezuela (PSUV) will incur significant losses in the legislative elections expected in the fourth quarter of 2015. Further foreign policy tensions are likely in the run-up to these polls.

Filed from
Caracas, Venezuela






More...

Exclusive: At least 123 Venezuelan soldiers detained since protests - documents
Jul. 6, 2017


Venezuela hikes minimum wage 50 percent, effectively down 17 percent
Jul. 2, 2017


Venezuela movie actor behind helicopter attack on government buildings
Jun. 28, 2017


Fourteen Venezuelan army officers jailed in first week of protests - documents
Jun. 6, 2017


Exclusive: U.S. considers possible sanctions against Venezuela oil sector - officials
Jun. 4, 2017


Exclusive: Trump administration concerned about U.S. firms giving financial 'lifeline' to Venezuela
Jun. 4, 2017


United Airlines ends flights to Venezuela, further isolating country
Jun. 3, 2017


Venezuela sets new exchange mechanism, as currency continues to slide
May. 24, 2017


Exclusive: Venezuela holds 5,000 Russian surface-to-air MANPADS missiles
May. 22, 2017


Venezuelan opposition activists march to Leopoldo Lopez' jail
Apr. 28, 2017


Venezuela says inflation 274 percent last year, economists say far higher
Apr. 20, 2017


Venezuelan protests against government leave three dead
Apr. 19, 2017


Venezuelans return to streets, roused by ban on opposition leader
Apr. 8, 2017


Venezuelan opposition, security forces clash in anti-Maduro protests
Apr. 6, 2017


Venezuela security forces battle anti-Maduro protesters
Apr. 4, 2017








© Girish Gupta