Nicolas Maduro wins Venezuelan elections; US impose sanctions

Published by BBN Staff at May 22, 2018

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Posted: Tuesday, May 22, 2018. 2:25 pm CST.

BBN Staff:On Sunday, Venezuela, which has experienced months of civil unrest and a humanitarian crisis, held its national elections. The results, however, have been met with international criticism with bodies such as the Organization of American States (OAS) saying it does not recognize the results of the elections.

With the expected victory, President Nicolas Maduro was re-elected for another six years in office.

Maduro’s success was expected even though there has been widespread anger over Venezuela’s burning economic and social crisis.

The socialist leader is now set to serve as Venezuela’s President until at least 2024.

Officials from the US, the European Union and the United Nations have all denounced the elections as a farce. The OAS said: ” There can be no democracy without elections, but yesterday Nicolás Maduro showed that elections can be held without democracy.”

The Trump administration has threatened to impose sanctions on the country’s critical oil sector. Today, it was announced officially that the US has banned companies from buying any debt from Caracas or the state oil company.

In a statement issued by US President Donald Trump, he calls for Maduro to restore democracy and hold free and fair elections: “We call for the Maduro regime to restore democracy, hold free and fair elections, release all political prisoners immediately and unconditionally, and end the repression and economic deprivation of the Venezuelan people.”

Since Maduro’s re-election, fourteen countries have recalled their ambassadors from the country.

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