ABSTRACT

Venezuela: Background and U.S. Relations [Updated April 28, 2021]   [open pdf - 2MB]

From the Summary: "The crisis in Venezuela has deepened under the authoritarian rule of Nicolás Maduro, who has consolidated power despite presiding over a dire economic and humanitarian crisis worsened by the Coronavirus Disease 2019 (COVID-19) pandemic. Maduro, narrowly elected in 2013 after the death of Hugo Chávez (president, 1999-2013), and the United Socialist Party of Venezuela (PSUV) took de facto control of the National Assembly, the last independent branch of government, in January 2021. Maduro has resisted U.S. and international pressure to step down and an opposition led by Juan Guaidó, the National Assembly president elected in 2015 and once regarded as interim president by nearly 60 countries. Venezuela's economy has collapsed. The country is plagued by hyperinflation, severe shortages of food and medicine, and a dire humanitarian crisis that has further deteriorated as a result of gasoline shortages, COVID-19, and U.S. sanctions. Maduro has blamed sanctions for the economic crisis, but many observers cite economic mismanagement and corruption as the main factors. U.N. agencies estimate 5.6 million Venezuelans have fled the country as of April 2021."

Report Number:
CRS Report for Congress, R44841
Author:
Publisher:
Date:
2021-04-28
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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