Economics
Maduro Squeezed as Trump Recognizes Guaido and Protests Expand
- National Assembly leader announced he would assume presidency
- Maduro responds by breaking diplomatic relations with U.S.
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Venezuelan President Nicolas Maduro is under unprecedented pressure after the U.S. and other nations recognized opposition leader Juan Guaido as the country’s rightful head of state and protests against the ruling regime expanded.
Trump formally recognized Guaido minutes after the 35-year-old president of the Venezuela National Assembly declared himself the head of state. Countries including Canada, Argentina, Brazil, Colombia, and Panama quickly followed the U.S. lead.