Latin America Advisor 2024-07-30 – Inter-American Dialogue

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

July 30, 2024

What Does Maduro’s Declared Victory Mean for Venezuela?

Venezuela’s electoral authority declared that President Nicolás Maduro, in office since 2013, won re-election. However, exit polls showed a landslide for his opponent, and the election was marred by numerous irregularities. // File Photo: Facebook Page of Nicolás Maduro.

Q

Venezuela’s National Electoral Council has declared that President Nicolás Maduro won re-election on Sunday, winning 51 percent of the vote and defeating opposition candidate Edmundo González, despite exit polling that showed González won the election in a landslide. Numerous governments, including those of the United States, Chile, Guatemala and Argentina, have derided or questioned the officially announced results, and both Maduro and González have claimed victory. The vote was marred by numerous irregularities, including voter intimidation. What chance does the opposition have at reversing the announced result, and what can it do to challenge it? What pressure will other countries seek to exert against Maduro’s government, including through sanctions?

A

Michael Shifter, senior fellow and former president of the Inter-American Dialogue: “The most likely scenario for Venezuela’s crucial presidential elections is playing out as expected. According to all reliable accounts, the opposition led by Edmundo González defeated Nicolás Maduro by a substantial margin. Yet, not surprisingly, Maduro, through the government-controlled National Electoral Council, claimed victory after a long delay on Sunday. The official results were presented without any evidence and defy credibility. For the opposition, the chief task now is to remain united and amass ballot records to convincingly demonstrate that the election was indeed fraudulent. This is essential to support key governments like the United States, Brazil and Chile, which have responded firmly yet prudently to the election results, raising serious questions about…”

Top News

Protests Erupt in Venezuela Amid Disputed Election

Protests broke out Monday in Venezuela after the election authority declared President Nicolás Maduro the winner of Sunday’s disputed election, which was marred by irregularities.

Control Board Files Suit Over Puerto Rico’s Metering Law

A federal control board filed a lawsuit over Puerto Rico’s net-metering law, which compensates households that send electricity back to the grid.

Saudi Arabia Eyes Partnership With Chile’s Codelco

Saudi Arabia believes Chile’s Codelco would be a good partner for developing lithium, said the country’s industry and mineral resources minister, Bandar bin Ibrahim Alkhorayef. // File Photo: Government of Saudi Arabia.

Complete editions of the Latin America Advisor are delivered on a biweekly basis to members of the Dialogue’s Corporate Program and other subscribers. Sign up below for a free complimentary preview subscription.

ABOUT THE LATIN AMERICA ADVISOR

The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

Subscribers

Staff

Gene Kuleta
Editor
202.463.2920
gkuleta@thedialogue.org

Jack Quinn
Reporter

jquinn@thedialogue.org

Lori Rampani
Reporter

lrampani@thedialogue.org

board of advisors

Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

ONLINE EVENT: After the Vote—What’s Next for Mexico’s Judiciary?

Asia & Latin America

Brazil

education

energy transition & Climate

Mexico

Migration, Remittances & Development

peter d. bell rule of law

cities

Hemispheric Security

Women & Girls