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Why is Balkrishna Paper Mills Limited (BALKRISHNA) rising ✌️【Investment Risk】✌️ Free access to global stock market data, with real-time updates on indices, futures, and commodities. Make informed investment decisions with the help of expert advisors and accurate stock trend predictions. It happened in Caracas on June 9, 2016, when I was there to cover a series of violent protests that had broken out in Venezuela.
Why is Balkrishna Paper Mills Limited (BALKRISHNA) rising ✌️【Investment Risk】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. That sunny day, as our 【 - Free Investment Community 】 team was walking towards the building that houses the National Assembly for interviews, we noticed a group of men heading the same way from the opposite side of the street.
“Hurry up!,” 【 - Free Investment Community 】 en español’s correspondent in Caracas Osmary Hernández said. “I think thecolectivosare up the street.” We all picked up our pace and breathed a sigh of relief when we made it to the building. Colectivos are armed groups that function like a street gang, but are closely affiliated with the socialist government and often do their dirty work.
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Even before that tumultuous period, it had become abundantly clear that Maduro’s government had absolute control of all three branches of government as well as the the National Electoral Council (CNE).
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Both the opposition and leaders of several countries in the region had called the previous year’s election a sham. Guaidó convinced 50 countries that he had a right to be president, including the United States.
By June 2019, when I returned to Caracas, Guaidó had already attempted a military uprising that almost succeeded on April 30, followed by weeks of violent clashes between protesters and security forces that left dozens dead.
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“Is there anything different this time?” That’s the question I asked Michael Shifter, the former president of the Inter-American Dialogue and current professor of Latin American Politics at Georgetown University, who has been following Venezuelan politics for decades.
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“The alternative [to participating in the election] was taking themselves completely out of the political game, saying ‘we refuse to take part in this unfair and unjust election,’ but that would’ve left the opposition in a weaker position in practical and political terms” as it happened in 2018 when the opposition decided to boycott the whole process.
“I think the opposition learned that refusing to take part in elections was not helping their cause. They recognized that even when the elections weren’t free and fair, they needed to defeat Maduro on his terms, which they’ve done,” Shifter said.
Venezuela’s CNE declaredMaduro the winnerMonday saying he had won with 51.2% of the votes, with 80% of the ballots counted. His main rival, opposition candidate Edmundo González, had obtained 44.2% of the votes, according to the body.
Critics like former Bolivian President Jorge Fernando “Tuto” Quiroga, who was one of several former heads of state prevented from flying to Venezuela by its government as they tried to serve as observers, called the Maduro government a “desperate regime; an open, pure and hard tyranny that has chosen to steal the presidency staging a fraudulent coronation.” In an interview with 【 - Free Investment Community 】, he said that even the math didn’t add up when Venezuelan electoral authorities declared a winner with 80% of the vote counted.
“When you’re in first grade, you learn that 20 is more than seven,” Quiroga said. “The probability that [opposition presidential candidate] Edmundo [González] could’ve won was low, but still arithmetically possible,” at that point, he said, adding that prior to the election there were credible exit polls showing González was ahead by as much as 40 percent.
Just like 2016 and 2019, violence has returned to Venezuela. At least 11 people died during protests in Venezuela on Monday, according to the non-governmental organization Foro Penal on social media. Venezuelan authorities say more than 700 people were detained in the protests. The Venezuelan opposition political party Voluntad Popular said Tuesday that its leader Freddy Superlano has been kidnapped.
Unlike the 2018 election, Shifter says, this time the opposition “knows they won, and the regime knows they won.” The question now is how long the governing coalition that includes not only the socialists, but the armed forces can hold, Shifter said.
If that coalition becomes “divided and weaker, the armed forces may say ‘this ship is sinking and we don’t want to go down with it,’” Shifter said.
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