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MoreBack to News Headlines
Venezuelans vote in crucial election as opposition challenges Maduro

Venezuelans vote in crucial election as opposition challenges Maduro

CNN
Sunday, July 28, 2024 10:35 AM GMT

Venezuelans headed to the polls on Sunday to vote in a highly consequential presidential election where the country’s longtime strongman, Nicolas Maduro, will face one of his greatest political challenges yet, say analysts.

Venezuelans headed to the polls on Sunday to vote in a highly consequential presidential election where the country’s longtime strongman, Nicolas Maduro, will face one of his greatest political challenges yet, say analysts. Maduro, who took the mantle of the ruling Chavismo movement after his predecessor Hugo Chavez’s death in 2013, is seeking his third consecutive six-year term in office. Of the nine other candidates running for the presidency, his biggest challenger is a unified opposition movement that overcame their divisions to form a coalition known as the Democratic Unitary Platform. The opposition movement has maintained its momentum despite sustained government repression, in which their first-choice candidate, María Corina Machado, was disqualified from running. Machado, an avowed capitalist who has promised privatization of several state industries, has since rallied for her replacement, the soft-spoken former diplomat Edmundo González Urrutia. The vote has come at a crucial moment for Venezuela, which has experienced violent repression under Maduro’s watch and the worst economic collapse of a peacetime country in recent history. The oil-rich nation, once the fifth-largest economy in Latin America, has seen its economy shrink in the last decade to the equivalent of a medium-sized city, according to data from the International Monetary Fund.  Punishing sanctions on the regime by the United States and European Union have failed to topple the populist incumbent, who argues that Venezuela’s woes are due to being a victim of an “economic war.” Around eight million Venezuelans have fled the country amid shortages of vital goods and soaring inflation.

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