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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessVENEZUELA-Opposition Leader's Lawyer Detained As Maduro Shuffles Cabinet
A month after Venezuela's presidential election, President Nicolas Maduro has engaged in a cabinet reshuffle in an attempt to move the conversation on from the opposition's claims that the gov't stole the election. As Reuters reports, "The changes, which include a return to the cabinet by ruling party leader and famed hard-liner Diosdado Cabello and a change in duties for Vice President Delcy Rodriguez, who will add the oil ministry to her brief, came as Maduro shifted his rhetoric away from the election dispute and toward promised changes."
- Protests continue across the country despite a crackdown that has seen thousands detained. Opposition leader Maria Corina Machado said in an interview with the FT that the crackdown is not sustainable. In the latest move seen as an attempt to silence the opposition, Machado's lawyer Perkins Rocha was detained by 'unidentified men' and his location is unknown.
- The leftist presidents of neighbouring Brazil and Colombia have sought to act as interlocutors between the gov't and opposition but to no avail. Suggestions of a re-run election have been given short shrift, with both sides claiming victory.
- Foreign Policy reports that the US "has focused on carrots rather than sticks. The Wall Street Journal reported that Washington was offering to lift indictments on Maduro and other key ruling party figures if they enter talks to guide a transition. The United States is so far reticent to impose new sanctions on Venezuelan oil. That may change if Maduro’s repression campaign continues with no sign of a transition."
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.