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A smooth Venezuelan election that would have led to greater economic opening also suited the country’s Latin American neighbors, including Mr. Maduro’s old allies, the leftist governments of Brazil and Colombia.
The company enjoyed another milestone moment in February 2018 with the successful test launch of the powerful Falcon Heavy rocket. Armed with additional Falcon nove boosters, the Falcon Heavy was designed to carry immense payloads into orbit and potentially serve as a vessel for deep space missions.
As the year progressed, growth of the Venezuelan economy slowed to a crawl, inflation climbed above 50 percent, and staples such as toilet paper, milk, and flour became increasingly difficult to obtain. Discontent with the Maduro government’s handling of the economy and with the growing crime rate led to street protests by students in San Cristóbal in western Venezuela in early February 2014 that soon spread to other cities, including Caracas, over the coming weeks.
The future of Venezuela and whether it can rebuild matters for the rest of the world - mass emigration has fuelled a migration crisis on the US border, its vast oil reserves remain relatively unusable, and it remains an ally for Russia, China, Cuba and Iran in the West.
All of these were seen as attempts to suppress the opposition vote. The opposition were so far ahead in opinion polls that many analysts believed these tactics were necessary as it would be hard for the government to claim a win without seeming far-fetched.
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Since bursting on to the Silicon Valley scene more than two decades ago, the 52-year-old serial entrepreneur has kept the public captivated with his business antics.
In February, defying a travel ban against him by the Maduro government, Guaidó went to Colombia, where international aid in the form of food and medicine was being stockpiled in the border town of Cúcuta. The aid was blocked from entering Venezuela because Maduro claimed it was masking a coup attempt. When a group of demonstrators led by Guaidó attempted to act as a shield to peacefully guide aid-bearing trucks through the blockade on February 23, Venezuelan security forces turned them back with tear gas and rubber bullets as violence exploded.
Venezuela’s position in the world became more precarious during the second decade of the 21st century as a result of the controversial rule of revolutionary leader Hugo Chávez, a significant decline in the fortunes of its petroleum industry, and the increasing authoritarianism of Chávez’s successor, Nicholás Maduro.
Venezuela's legislature on Tuesday gave President Nicolás Maduro decree powers that he says are necessary for an 'economic offensive' against the spiraling inflation and food shortages buffeting the country's economy ahead of important municipal elections. ^
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The election plans mean that Maduro and his representatives “are not abiding by the spirit of the agreement, even if they are abiding by the letter of the agreement,” Berg said.
There was the fact President Maduro’s face remained emblazoned above some poll stations even on voting day.