Berliner Boersenzeitung - Five key points as Venezuela heads to the polls

EUR -
AED 4.058102
AFN 70.719765
ALL 90.384417
AMD 398.36238
ANG 1.978414
AOA 1014.386836
ARS 1707.478719
AUD 1.623787
AWG 1.990652
AZN 1.873528
BAM 1.948942
BBD 2.226327
BDT 137.490566
BGN 1.955791
BHD 0.416803
BIF 3317.753008
BMD 1.104997
BND 1.42054
BOB 12.938823
BRL 6.234618
BSD 1.105341
BTN 103.901223
BWP 15.335455
BYN 3.330272
BYR 21657.938036
BZD 2.223138
CAD 1.576488
CDF 2558.068126
CHF 0.923893
CLF 0.027928
CLP 1099.151358
CNY 7.371047
CNH 7.373528
COP 3664.843565
CRC 499.057511
CUC 1.104997
CUP 26.529491
CVE 110.748314
CZK 24.380606
DJF 196.380167
DKK 7.475337
DOP 67.039992
DZD 151.339209
EGP 59.045067
ERN 16.574953
ETB 178.017447
FJD 2.511987
FKP 0.832097
GBP 0.835206
GEL 2.869029
GGP 0.832097
GHS 12.956105
GIP 0.832097
GMD 81.769846
GNF 9790.271815
GTQ 8.446509
GYD 231.26149
HKD 8.668513
HNL 29.723948
HRK 7.534575
HTG 144.834303
HUF 365.316416
IDR 20152.932342
ILS 3.527702
IMP 0.832097
INR 103.919041
IQD 1675.749024
IRR 2114411.450856
ISK 136.574282
JEP 0.832097
JMD 175.103861
JOD 0.783425
JPY 176.6354
KES 143.649934
KGS 96.630762
KHR 4508.386701
KMF 492.82867
KPW 994.497559
KRW 1476.242652
KWD 0.34224
KYD 0.921184
KZT 490.955799
LAK 24903.866285
LBP 98952.467328
LKR 367.596515
LRD 187.849372
LSL 18.424304
LTL 3.262768
LVL 0.668401
LYD 7.121693
MAD 10.887985
MDL 20.162601
MGA 5075.250477
MKD 61.522532
MMK 2320.188832
MNT 3983.407256
MOP 8.930519
MRU 44.705112
MUR 52.531559
MVR 17.017367
MWK 1916.807354
MXN 20.541779
MYR 4.508282
MZN 70.608675
NAD 18.424304
NGN 1485.944306
NIO 40.67797
NOK 10.572997
NPR 166.241558
NZD 1.994193
OMR 0.424871
PAB 1.10544
PEN 3.768941
PGK 5.042349
PHP 70.553663
PKR 305.644129
PLN 4.40529
PYG 6852.106473
QAR 4.029549
RON 5.346637
RSD 117.598211
RUB 91.495028
RWF 1632.080331
SAR 4.171191
SBD 8.947489
SCR 15.36386
SDG 664.654391
SEK 11.088477
SGD 1.422247
SHP 0.827992
SLE 25.29583
SLL 23171.190835
SOS 631.694402
SRD 41.441795
STD 22871.203579
STN 24.414754
SVC 9.671967
SYP 14367.168628
SZL 18.411714
THB 37.437547
TJS 10.19715
TMT 3.867489
TND 3.327193
TOP 2.660568
TRY 55.653392
TTD 7.508783
TWD 36.404894
TZS 2942.202134
UAH 50.229466
UGX 4549.116492
USD 1.104997
UYU 44.803768
UZS 13259.961874
VES 995.039155
VND 28375.766316
VUV 132.537587
WST 3.080509
XAF 655.957
XAG 0.022007
XAU 0.000284373768
XCD 2.98631
XCG 1.992144
XDR 0.78129
XOF 655.957
XPF 119.331742
YER 261.328911
ZAR 18.52441
ZMK 9946.302328
ZMW 22.57717
ZWL 355.808531
SSP 6394.090189
MXV 2.307468
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Five key points as Venezuela heads to the polls
Five key points as Venezuela heads to the polls / Photo: Yuri CORTEZ - AFP

Five key points as Venezuela heads to the polls

Venezuelans go to the polls Sunday to elect a president between incumbent Nicolas Maduro and rival Edmundo Gonzalez Urrutia, in a tense atmosphere marked by the last-minute barring of international observers and complaints of widespread opposition repression.

Text size:

Gonzalez Urrutia has consistently polled ahead in the race, with majority support among both genders and all age groups. Fixing the country's devastated economy is by far voters' top priority.

Polling will take place on what would have been the 70th birthday of Maduro's socialist predecessor and mentor Hugo Chavez, after whom the ruling "Chavismo" political movement was named.

Polls open for 12 hours at 6:00 am local time (1000 GMT) and results are expected late at night.

- The candidates -

There are ten candidates, but only two with significant polling numbers.

Maduro, 61, is seeking a third six-year term amid warnings locally and abroad of increasing authoritarianism. Observers say the regime is holding more than 305 "political prisoners" and has arrested 135 opposition backers since January.

Maduro's last re-election, in 2018, was rejected as a sham by dozens of Western and Latin American countries. The opposition boycotted that vote.

This time, the opposition has coalesced around ex-diplomat Gonzalez Urrutia, 74, heading the ticket in place of the wildly popular Maria Corina Machado.

Machado was barred from the process by institutions loyal to Maduro, but she has campaigned far and wide for her stand-in.

- The electors -

Some 21 million of an estimated 30 million Venezuelans are registered to cast a ballot at 30,000 polling stations countrywide.

But expert analysis puts the real number of eligible voters at closer to 17 million, taking into account outdated census data and an estimated seven million people having emigrated in recent years.

Fewer than 70,000 Venezuelans are registered to vote abroad.

Analysts say the higher the turnout, the harder it will be for the regime to fraudulently deny an opposition win.

- The overseers -

Venezuela's CNE electoral council, which oversees the vote, comprises five members, three of them pro-regime and two -- or one, according to some critics -- in the opposition camp.

There is little doubt about the allegiances of its president, Elvis Amoroso, who in his previous job as comptroller general -- the overseer of public funds -- declared several opposition leaders ineligible to hold office.

He is under US sanctions.

Ballots are cast on machines that experts say are difficult to manipulate -- with interference more likely to come in the form of incentives or obstacles to voting.

Each machine prints out a paper receipt, while the electronic votes are sent directly to a centralized CNE database.

The opposition is deploying some 90,000 volunteer election monitors countrywide.

- Law and order -

The government has announced the deployment of tens of thousands of security force members to keep the peace and enforce ramped-up border control, a two-day ban on alcohol sales, and a prohibition on public gatherings and protests.

The allegiance of the military is a key question in the election, with Maduro counting its leadership among his backers in a system of political patronage.

For his part, Gonzalez Urrutia has called on the army to respect and enforce the election outcome.

- The eyes of the world -

During Maduro's second term, several Latin American countries have made a shift from the political right to the left -- notably Brazil, Colombia and Chile.

And while ties with these countries have improved, their leaders have nevertheless added to recent pressure on Maduro for free and fair elections.

Brazil's Luiz Inacio Lula da Silva criticized his counterpart's threats of a "bloodbath" if he loses, saying: "Maduro has to learn: if you win, you stay (in power). If you lose, you go."

The United States has insisted that the lifting of its sanctions in place since 2019 depends on a fair vote.

But it is keen, as is Caracas, for a loosening of punitive measures against the petrostate's critical but severely weakened oil sector at a time of great pressure on crude prices with ongoing wars in Ukraine and the Middle East.

Venezuela has also been a major source of migration pressure on the southern US border, a situation experts say will only worsen in the event of a post-election political crisis.

(H.Schneide--BBZ)