Berliner Boersenzeitung - Venezuelan opposition blindsided by Trump, waiting it out

EUR -
AED 4.381992
AFN 78.750894
ALL 96.772834
AMD 453.127673
ANG 2.135904
AOA 1094.155023
ARS 1723.006224
AUD 1.703048
AWG 2.147741
AZN 2.027312
BAM 1.958039
BBD 2.409237
BDT 146.15714
BGN 2.003807
BHD 0.449939
BIF 3543.827792
BMD 1.193189
BND 1.513334
BOB 8.264659
BRL 6.197065
BSD 1.196143
BTN 110.049154
BWP 15.598819
BYN 3.379033
BYR 23386.513916
BZD 2.405733
CAD 1.613288
CDF 2693.62495
CHF 0.916376
CLF 0.025958
CLP 1024.95004
CNY 8.290757
CNH 8.289248
COP 4358.721191
CRC 591.863639
CUC 1.193189
CUP 31.619521
CVE 110.393555
CZK 24.34441
DJF 213.004295
DKK 7.467153
DOP 75.15697
DZD 154.308073
EGP 56.001272
ERN 17.897842
ETB 185.122907
FJD 2.620781
FKP 0.864978
GBP 0.867162
GEL 3.215635
GGP 0.864978
GHS 13.067272
GIP 0.864978
GMD 87.697079
GNF 10497.500171
GTQ 9.177688
GYD 250.242459
HKD 9.315768
HNL 31.595737
HRK 7.533438
HTG 156.800337
HUF 381.275947
IDR 20028.222449
ILS 3.690338
IMP 0.864978
INR 109.703873
IQD 1563.674821
IRR 50263.107265
ISK 144.99605
JEP 0.864978
JMD 187.688003
JOD 0.845975
JPY 183.732053
KES 154.243589
KGS 104.344067
KHR 4800.801608
KMF 491.594467
KPW 1073.96939
KRW 1718.932363
KWD 0.365955
KYD 0.996727
KZT 600.839544
LAK 25677.437566
LBP 107117.524012
LKR 370.074058
LRD 221.3444
LSL 18.780413
LTL 3.523179
LVL 0.721749
LYD 7.487269
MAD 10.834074
MDL 20.11961
MGA 5321.625216
MKD 61.62671
MMK 2505.752956
MNT 4256.95142
MOP 9.615976
MRU 47.572579
MUR 54.20683
MVR 18.434798
MWK 2072.570214
MXN 20.625111
MYR 4.698727
MZN 76.065949
NAD 18.864464
NGN 1658.366152
NIO 43.187477
NOK 11.432366
NPR 176.101211
NZD 1.969586
OMR 0.458787
PAB 1.196098
PEN 3.989425
PGK 5.083586
PHP 70.333154
PKR 333.88428
PLN 4.210294
PYG 8026.784566
QAR 4.344522
RON 5.097187
RSD 117.389486
RUB 90.086234
RWF 1733.107728
SAR 4.475517
SBD 9.614842
SCR 16.593195
SDG 717.661496
SEK 10.535953
SGD 1.512051
SHP 0.895201
SLE 29.08404
SLL 25020.586042
SOS 681.867426
SRD 45.34538
STD 24696.61331
STN 24.609533
SVC 10.465837
SYP 13196.168479
SZL 18.855865
THB 37.48407
TJS 11.171609
TMT 4.188095
TND 3.373445
TOP 2.872914
TRY 51.903862
TTD 8.118318
TWD 37.534758
TZS 3072.463155
UAH 51.192889
UGX 4254.972804
USD 1.193189
UYU 45.262709
UZS 14550.945781
VES 437.717685
VND 30924.48849
VUV 142.715687
WST 3.23879
XAF 656.694211
XAG 0.011511
XAU 0.000235
XCD 3.224654
XCG 2.155638
XDR 0.816792
XOF 653.27021
XPF 119.331742
YER 284.461217
ZAR 19.03704
ZMK 10740.145808
ZMW 23.653834
ZWL 384.206528
  • SCS

    0.0200

    16.14

    +0.12%

  • RYCEF

    -0.4300

    16

    -2.69%

  • RBGPF

    1.3800

    83.78

    +1.65%

  • RELX

    -0.3300

    35.835

    -0.92%

  • BTI

    -0.2050

    60.005

    -0.34%

  • RIO

    -2.3500

    92.78

    -2.53%

  • GSK

    0.6450

    51.3

    +1.26%

  • NGG

    -0.0300

    85.02

    -0.04%

  • BCE

    0.0260

    25.511

    +0.1%

  • VOD

    -0.0250

    14.685

    -0.17%

  • BCC

    -0.8900

    79.28

    -1.12%

  • JRI

    0.0950

    13.05

    +0.73%

  • BP

    0.0930

    38.133

    +0.24%

  • CMSD

    -0.0100

    24.05

    -0.04%

  • CMSC

    0.0050

    23.7

    +0.02%

  • AZN

    0.4550

    93.045

    +0.49%

Venezuelan opposition blindsided by Trump, waiting it out
Venezuelan opposition blindsided by Trump, waiting it out / Photo: Federico PARRA - AFP/File

Venezuelan opposition blindsided by Trump, waiting it out

Its leaders in exile and frozen out by US President Donald Trump, its supporters too scared to claim the streets: Venezuela's opposition finds itself in limbo despite the weekend ouster of authoritarian leader Nicolas Maduro.

Text size:

Widely considered the victors in the 2024 presidential election that Maduro was accused of stealing, the opposition may long have hoped for exactly the kind of operation that saw Maduro whisked away by US troops to stand trial in New York.

But instead of taking his place, the opposition found itself snubbed by Trump as Maduro's "Chavista" movement remained in power and an acolyte was sworn in as acting president.

Analysts and insiders say Venezuela's opposition, led by Maria Corina Machado, lacks the organized structures and expertise needed for governing, and crucially, the support of the military.

"I don't want to lie and say we weren't expecting something different," Freddy Guevara Cortez, of the Voluntad Popular party in coalition with Machado's opposition movement, told AFP of the aftermath of Maduro's fall.

"But I think we understand the dynamics, and what we have to do is adjust to reality," said Guevara, who works for the movement in exile in the United States.

For now, that means waiting out the administration of stand-in president Delcy Rodriguez, a Maduro loyalist that Trump has said he can work with, so long as she toes Washington's line and give it free rein with Venezuela's oil.

"If Delcy Rodriguez does everything Trump wants, she will lose the (internal) support she needs to stay in power," predicted Guevara, a former political prisoner turned researcher.

"And if she doesn't comply with Trump, they (Washington) will probably topple her or something worse," he added.

- 'Total access' to oil -

Rodriguez has the avowed loyalty of Venezuela's military and state institutions: her brother is the influential head of parliament.

Machado, meanwhile, has yet to return to Venezuela from where she disappeared under cover after months in hiding to receive the Nobel Peace Prize in Oslo in December.

Trump, who himself had a keen eye on the Nobel, has since said Machado "doesn't have the support" in Venezuela to be its leader.

And Edmundo Gonzalez Urrutia, who became the opposition's presidential candidate after the Maduro state machinery disqualified Machado, remains in exile.

"The opposition lacks an institutional structure or influence over the government that would allow it to manage the (political) transition," Venezuelan analyst Ricardo Rios told AFP.

For years, Washington tried to get rid of Maduro with a battery of sanctions and an embargo on oil -- of which the South American country has more proven reserves than any other in the world.

The United States supported successive opposition claims to election victory, by Juan Guaido in 2018 and Gonzalez Urrutia in 2024.

Yet with Maduro finally out, Trump turned not to Machado or Gonzalez Urrutia, but to the deposed leader's cronies.

"Trump is 'hacking'" into what remains of Maduro's government, and "making it work for him," said Rios.

Trump himself has said that what he wants from Rodriguez is "total access" to Venezuelan oil.

Machado, who repeatedly praised Trump and his massive military buildup in the Caribbean that ultimately led to Maduro's toppling, said Monday she had not spoken to the Republican since October 10.

The opposition "cannot keep pinning all its hopes on solutions decided in Washington," said Mariano de Alba, a Venezuelan geopolitics expert.

- 'Serpent and its lieutenants' -

Opposition supporters who voted for Gonzalez Urrutia in overwhelming numbers have mostly gone underground while Caracas has seen daily pro-Maduro demonstrations since his ouster.

"Let us stay vigilant, active, and organized until the democratic transition is achieved," Machado urged on social media.

But widespread fear has taken hold ever since thousands of people were arrested for protesting Maduro's contested 2024 election victory claim.

Dozens, possibly hundreds, of opposition leaders and critics remain in exile or under arrest.

Another hurdle is the military's historic allegiance to Maduro and his political movement.

Defense Minister Vladimir Padrino and Interior Minister Diosdado Cabello -- widely seen as the powers behind the throne -- were present Monday for Rodriguez's swearing-in.

And unless they too are deposed, there is little hope of the opposition running Venezuelan institutions in any meaningful way.

"For there to be a transition in Venezuela, Diosdado Cabello cannot be present in it. He is the one who has the power internally," said Jose Antonio Colina, a former Venezuelan military officer who founded the Veppex opposition group for exiled Venezuelans in Miami.

"The United States took the head, took the leader, but internally they left the serpent and its lieutenants."

(Y.Yildiz--BBZ)