IBOV 185,147.15 ▼ 0.02% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,639.55 ▼ 0.35% MERVAL 3,034,599 ▼ 0.48% COLCAP 2,565.50 ▲ 0.82% BVL PERÚ 59,789.81 ▼ 0.28% USD/BRL5.13▼ 0.03% USD/MXN16.97▲ 0.57% USD/CLP933.48▼ 0.12% USD/COP3,121▼ 0.28% USD/PEN3.35▼ 0.03% USD/ARS1,511▲ 0.15% USD/UYU40.24— 0.00% USD/PYG5,947— 0.00% USD/BOB12.40— 0.00% USD/DOP59.00— 0.00% USD/CRC448.67— 0.00% USD/GTQ7.63— 0.00% USD/HNL26.84— 0.00% USD/NIO36.62— 0.00% USD/VES812.65▲ 0.78% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71— 0.00% EUR/BRL5.96▲ 0.23% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,147.15 ▼ 0.02% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,639.55 ▼ 0.35% MERVAL 3,034,599 ▼ 0.48% COLCAP 2,565.50 ▲ 0.82% BVL PERÚ 59,789.81 ▼ 0.28% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Latin America Life & Society

Juan Guaidó Loses the Presidency of Venezuela’s National Assembly

By · January 5, 2020 · 3 min read

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RIO DE JANEIRO, BRAZIL – Accused of corruption and relations with paramilitary groups in Colombia, the opponent Juan Guaidó failed to secure his re-election as president of the National Assembly of Venezuela in a vote held on Sunday, January 5th.

Luis Eduardo Parra, from the First Justice party – part of the Democratic Unity Table – was elected with the support of dissatisfied opponents and deputies from the PSUV, Maduro’s party, and took the place of the self-proclaimed president.

Guaidó and leaders of other opposition parties denounced on social networks that the Bolivarian National Guard (GNB) was preventing opposition deputies from entering the assembly
Guaidó and leaders of other opposition parties denounced on social networks that the Bolivarian National Guard (GNB) was preventing opposition deputies from entering the assembly.
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The new direction of the Venezuelan Parliament will be headed by Parra, Franklin Duarte (Copei), José Gregorio Noriega (Vontade Popular) and Negal Morales (Democratic Action), all members of the opposition bloc.

According to TeleSUR network, they were elected with 81 votes out of 150 (exceeding the minimum quorum). In total, there are 167 deputies.

Guaidó and leaders of other opposition parties denounced on social networks that the Bolivarian National Guard (GNB) was preventing opposition deputies from entering the assembly. “Military officers try to prevent deputies from fulfilling their duty to defend the Venezuelans, the people they have also sworn to protect. Against this, we are fighting and we will overcome it together,” he said.

He then threatened his former allies, who supported the election of Parra. “Today, those who help prevent the legitimate installation of the Venezuelan Parliament become accomplices of the dictatorship and accomplices of those who are oppressing the people of Venezuela. They will be exposed to their relatives, to the country and to the world,” he tweeted.

According to supporters of chavismo, Guaidó’s followers did not enter Parliament because they knew they would lose the vote. “The Assembly was installed, there was a quorum and Guaidó and part of his followers didn’t enter because they didn’t have votes, and they knew they would lose,” said William Castillo, a member of Venezuela’s Foreign Ministry.

Here the moment when the Bolivian police denies Guiado entry into the assembly
Here the moment when the Bolivarian police denies Guaidó entry into the assembly.

Assembly President-elect Luis Parra also said Guaidó did not want to enter. “Nobody stopped Juan Guaidó from entering. He didn’t enter because he didn’t have any votes, so he stayed outside the Federal Legislative Palace. Others who had been sent to jail came in bravely. Let’s not get addicted to the past and Guaidó is the past,” he said.

Despite Guaidó’s accusations of an alleged coup, the dissatisfaction of opposition members with his leadership was already visible and the fall seemed imminent. “For much of 2019, you were the greatest hope of this country, but you became the greatest disappointment. …] Juan Guaidó, as of today your time is up,” said opposition Congressman José Brito shortly before the Assembly session began.

GNB published a note denying having prevented opposition deputies from entering the assembly. “We guarantee the freedom of the press, the security of the deputies and citizens who are inside and outside these facilities; promote peace and respect human rights,” he said.

Update, January 6th: After a long back and forth Guaidó is again president of Venezuelan Parliament. Opposition leader and self-appointed head of state Juan Guaidó was re-elected president of parliament by opposition members in a session outside the building in Caracas on Sunday. Read here.

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