Snapshots

Venezuela: The International Community Begins Preparing for a Post-Maduro World

Feb 5, 2019 | 21:30 GMT

According to a Feb. 4 report, the Lima Group, the United States and some European countries will cooperate with the World Bank and the International Monetary Fund to provide reconstruction funding to Venezuela. Venezuela will require at least $60 billion in lending for reconstruction, the Colombian Finance Ministry has estimated. Separately, Carlos Vecchio, the representative to the United States of Juan Guaido -- the opposition Venezuelan leader whose claim to the presidency has won partial international recognition -- has said the Guaido government will introduce legislation eliminating a requirement that state energy company Petroleos de Venezuela hold a majority stake in all joint ventures....

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