President Nicolas Maduro has urged Venezuela's military to be ready for a possible US incursion. The US has issued new sanctions "carefully calibrated to deny the Maduro dictatorship" access to critical funds.
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On Thursday, Venezuelan President Nicolas Maduro said his US counterpart, Donald Trump, was contemplating a "classic" occupation of Venezuela. Addressing generals, Maduro said he expected the continued backing of the military, from which he has maintained surprisingly consistent support despite months of protests against his government - and more than 130 demonstrator deaths.
"We must be clear, especially for the youth in the military, that we must close ranks within the homeland - that this is no time for any fissures and that those with doubts should leave the armed forces immediately," the 54-year-old former bus driver and foreign minister told generals.
In March 2017, violent protests erupted across the country in response to a Supreme Court decision to strip the legislative branch of its powers. Amid an international outcry, President Nicolas Maduro reversed the decision, but it was too late. Thousands continued to take to the streets, calling for new elections. More than 100 people were killed in clashes with security forces.
Image: Getty Images/AFP/J. Barreto
Hunger, a growing problem
The violence added to the ongoing economic and political crisis in Venezuela. Many Venezuelans spend more than 30 hours a week waiting in lines to shop, and are often confronted with empty shelves when they finally enter a store. President Maduro blames the crisis on US price speculation. The opposition, however, accuses the Socialist government of economic mismanagement.
Image: picture-alliance/AA/C. Becerra
Health care in crisis
The crisis has even affected health care in the oil-rich nation. Venezuelans often head to Colombia to collect medical supplies to send home, as seen in this picture. Hospitals across Venezuela have compared conditions to those seen only in war zones. As patient deaths rise, health officials have sounded the alarm on the rise of malaria and dengue fever.
Image: picture alliance/dpa/M.Duenas Castaneda
Power grab
By July 2017, Venezuela's pro-government Constituent Assembly was established. For observers, it had all the hallmarks of a power grab. The new body adopted the authority to pass legislation on a range of issues, effectively taking away the powers of Venezuela's elected congress, which was under the opposition's control. The move drew wide international condemnation.
Image: picture-alliance/dpa/P. Miraflores
The West sanctions
In response to the political crisis, the United States and European Union imposed a series of sanctions against ruling officials. The US blacklisted members of the Constituent Assembly and froze all of Maduro's assets that are subject to US jurisdiction. The EU banned arms sales to the country.
Image: picture-alliance/dpa/AFP/T. Schwarz
Government victorious in regional elections
In October 2017, Venezuela held two votes: regional elections and elections for governors, which were long overdue. The opposition boycotted the vote, but then split, as some candidates and small parties chose to participate. This caused a deep rift within Maduro's opponents. The government went on to sweep the vote, which detractors say was unfair and heavily favored the regime.
Image: picture-alliance/AP Photo/A. Cubillos
Debt default
In November 2017, the oil-rich, cash-poor nation faced its day of reckoning. Credit ratings agencies declared Venezuela and its state-run oil company in "selective default." But Russia offered to restructure the South American country's debt to ensure Caracas pays its other creditors. US and EU sanctions, however, limited the chance of an agreement.
Image: picture-alliance/AP Photo/A. Cubillos
Presidential elections scheduled
The National Assembly announced in January 2018 that it would grant Maduro's call for snap presidential elections. The electoral authority, CNE, held the elections on May 20. The EU, the US and 14 Latin American nations warned that they would not recognize the results. The mainstream MUD opposition alliance boycotted the vote, leaving only one possible outcome.
Image: Getty Images/AFP/F. Parra
Maduro wins ...
Maduro was re-elected to a second six-year term with about 68 percent of the vote. Turnout was only 46 percent, according to electoral authorities. However, the MUD opposition alliance put turnout at less than 30 percent. The Organization of American States (OAS) called the elections neither free nor fair.
Image: picture-alliance/AP Photo/A. Cubillos
... Guaido assumes power
But weeks into the new year, the situation took a drastic turn. On January 23, 2019, parliament president Juan Guaido declared himself interim president of Venezuela — a move that was quickly recognized by US President Donald Trump. Maduro called it a US-backed "coup." Days later, the US sanctioned Venezuela's state oil firm, while Guaido staked his claim on the country's foreign assets.
Image: Imago/Agencia EFE
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Sweeping sanctions
Earlier in August, Trump said the US had "many options for Venezuela - and by the way I'm not going to rule out a military option." However, his own vice president, Mike Pence, attempted to soften that message on a visit to Latin America shortly after, saying the United States could, for example, restore democracy to Venezuela through economic and diplomatic pressure.
Trump on Friday signed an executive order enacting sweeping financial sanctions against the Maduro government and the state-run oil giant PDVSA.
The measures "are carefully calibrated to deny the Maduro dictatorship a critical source of financing to maintain its illegitimate rule, protect the United States financial system from complicity in Venezuela's corruption and in the impoverishment of the Venezuelan people and allow for humanitarian assistance," said a statement from the White House.
Maduro has grown increasingly sensitive to criticism of his rule. Earlier this month, his foreign minister sent a letter to Germany's embassy in Caracas after Chancellor Angela Merkel's spokesman accused the regime of "arbitrary arrests and excessive violence."
'In private hands'
Maduro said he would like to "incorporate" Venezuela's Digitel and Spain's Movistar - telecommunications companies "still in private hands" - into the state's cyberdefense strategy. "You know that the first thing that is affected in an armed conflict is communications," he told the military leadership on Thursday.
Movistar Venezuela services 6 million of the country's approximately 15 million smartphones and has more than 10 million customers - roughly a third of the population. According to its own figures, the company administers over 60 percent of Venezuela's online traffic.
Maduro also moved his oil minister, Nelson Martinez, over to run the state petrol giant PDVSA - and appointed the company's boss, Eulogio Del Pino, to lead the ministry. "We are in a moment of flexibility to face the economic war," Maduro said. A fall in world crude prices has left Venezuela, which has the largest proven oil reserves in the world, short of dollars for vital imports such as basic pharmaceuticals.