12/13 Closing Prices / revised 12/12/2024 21:59 GMT |  12/12 OPEC Basket $73.36 +$0.91 cents 12/13 Mexico Basket (MME)  $66.23 +$1.02 cents   10/30 Venezuela Basket (Merey) $58.30   +$3.39 cents  12/13 NYMEX Light Sweet Crude  $71.29 +$1.27 cents | 12/13 ICE Brent  $74.44 +$1.08 cents | 12/13 Gasoline RBOB NYC Harbor  $2.0 +0.07 % | 12/13 Heating oil NY Harbor  $2.27 +0.05 % | 12/13 NYMEX Natural Gas   $3.28 -5.1% | 12/13  Active U.S. Rig Count (Oil & Gas)  589 + 7 | 12/13 USD/MXN Mexican Peso $20.1257 (data live) 12/13 EUR/USD Dollar  $1.0501 (data live) | 12/16 US/Bs. (Bolivar)  $50.33190000 (data BCV) | Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters

Venezuela standoff: Maduro declared winner of presidential election but opposition claims landslide victory (video)

Opponents claim fraud as Maduro declared Venezuelan election winner

Watch video:Blinken says ‘serious concerns’ Venezuela election result not accurate | AFP

CBS News

CARACAS
EnergiesNet.com 07 29 2024

Caracas, Venezuela — Venezuela‘s opposition claimed victory in Sunday’s presidential election, setting up a showdown with the government, which earlier declared President Nicolás Maduro the winner.

“Venezuelans and the entire world know what happened,” opposition candidate Edmundo González said in his first remarks.

Opposition leader Maria Corina Machado said the margin of González’s victory was “overwhelming” based on voting tallies it had received from campaign representatives from about 40% of ballot boxes nationwide.

Venezuela Election
Opposition leader Maria Corina Machado and presidential candidate Edmundo Gonzalez hold a press conference after electoral authorities declared President Nicolas Maduro the winner of the presidential election in Caracas, Venezuela, and says opposition candidate won 70% of the vote, on July 29, 2024. Matias Delacroix / AP

The National Electoral Council, which is controlled by Maduro loyalists, earlier said Maduro had secured 51% of the vote to 44% for González. But it didn’t release the tallies from each of the 30,000 polling booths nationwide, only promising to do so in the “coming hours,” hampering the ability to verify the results.

Other nations voice doubts about official results

U.S. Secretary of State Antony Blinken, speaking in Tokyo, said the U.S. has “serious concerns that the result announced does not reflect the will or the votes of the Venezuelan people.”   

Foreign leaders held off recognizing the results.

“The Maduro regime should understand that the results it published are difficult to believe,” said Gabriel Boric, the leftist leader of Chile. “We won’t recognize any result that is not verifiable.”

Guatemalan President Bernardo Arevalo said, “We receive the results announced by the CNE (electoral authority) with many doubts,” the Reuters news agency reports.

Reuters quotes Uruguayan President Luis Lacalle Pou as saying, “It was an open secret. They were going to ‘win’ regardless of the actual results.”

Italy and Spain were among other countries indicating concern about the truth of the announced official results.

But China congratulated Maduro on his win, and Cuban President Miguel Diaz-Canel said he spoke with Maduro to congratulate him on his “historic” victory, according to Agence France-Presse.

The delay in announcing results – six hours after polls were supposed to close – indicated a deep debate inside the government about how to proceed after Maduro’s opponents came out early in the evening all but claiming victory.

When Maduro finally came out to celebrate the results, he accused unidentified foreign enemies of trying to hack the voting system.

“This is not the first time that they have tried to violate the peace of the republic,” he said to a few hundred supporters at the presidential palace. He provided no evidence to back the claim but promised “justice” for those who try to stir violence in Venezuela.

APTOPIX Venezuela Election
President Nicolas Maduro addresses supporters gathered outside the Miraflores presidential palace after electoral authorities declared him the winner of the presidential election in Caracas, Venezuela, on July 29, 2024. Fernando Vergara / AP

Maduro, in seeking a third term, faced his toughest challenge yet from the unlikeliest of opponents in González: a retired diplomat who was unknown to voters before being tapped in April as a last-minute stand-in for Machado, considered a powerhouse.

Earlier, opposition supporters celebrated, online and outside a few voting centers, what they assured was a landslide victory for González.

“I’m so happy,” said Merling Fernández, a 31-year-old bank employee, as a representative for the opposition campaign walked out of one voting center in a working class neighborhood of Caracas to announce results showing González more than doubling Maduro’s vote count. Dozens standing nearby erupted in an impromptu rendition of the national anthem.

“This is the path toward a new Venezuela,” added Fernández, holding back tears. “We are all tired of this yoke.”

Voters started lining up at some voting centers across the country before dawn Sunday, sharing water, coffee and snacks for several hours.

Results will have broad impact

The election will have ripple effects throughout the Americas, with government opponents and supporters alike signaling their interest in joining the exodus of 7.7 million Venezuelans who have already left their homes for opportunities abroad in anticipation of Maduro winning another six year term.

Authorities set Sunday’s election to coincide with what would have been the 70th birthday of former President Hugo Chávez, the revered leftist firebrand who died of cancer in 2013, leaving his Bolivarian revolution in the hands of Maduro. But Maduro and his United Socialist Party of Venezuela are more unpopular than ever among many voters who blame his policies for crushing wages, spurring hunger, crippling the oil industry and separating families due to migration.

The opposition managed to line up behind a single candidate after years of intraparty divisions and election boycotts that torpedoed their ambitions to topple the ruling party.

Machado was blocked by the Maduro-controlled supreme court from running for any office for 15 years. A former lawmaker, she swept the opposition’s October primary with over 90% of the vote. After she was prevented from joining the presidential race, she chose a college professor as her substitute on the ballot, but the National Electoral Council also barred her from registering. That’s when González, a political newcomer, was chosen.

Sunday’s ballot also featured eight other candidates challenging Maduro, but only González threatens Maduro’s rule.

After voting, Maduro said he would recognize the election result and urged all other candidates to publicly declare that they would do the same.

“No one is going to create chaos in Venezuela,” Maduro said. “I recognize and will recognize the electoral referee, the official announcements and I will make sure they are recognized.”

Economy central in unrest  — and election

Venezuela sits atop the world’s largest proven oil reserves, and once boasted Latin America’s most advanced economy. But it entered into a freefall after Maduro took the helm. Plummeting oil prices, widespread shortages and hyperinflation that soared past 130,000% led first to social unrest and then to mass emigration.

Economic sanctions from the U.S. seeking to force Maduro from power after his 2018 reelection – which the U.S. and dozens of other countries condemned as illegitimate – only deepened the crisis.

Maduro’s pitch to voters this election was one of economic security, which he tried to sell with stories of entrepreneurship and references to a stable currency exchange and lower inflation rates. The International Monetary Fund forecasts the economy will grow 4% this year – one of the fastest in Latin America – after having shrunk 71% from 2012 to 2020.

But most Venezuelans haven’t seen any improvement in their quality of life. Many earn under $200 a month, which means families struggle to afford essential items. Some work second and third jobs. A basket of basic staples – sufficient to feed a family of four for a month – costs an estimated $385.

The opposition has tried to seize on the huge inequalities arising from the crisis, during which Venezuelans abandoned their country’s currency, the bolivar, for the U.S. dollar.

González and Machado focused much of their campaigning on Venezuela’s vast hinterland, where the economic activity seen in Caracas in recent years didn’t materialize. They promised a government that would create sufficient jobs to attract Venezuelans living abroad to return home and reunite with their families.

cbsnews.com 07 29 2024

Share this news

 EnergiesNet.com


About Us

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas, Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2024, EnergiesNet.com™  / Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the materia