Politics

Brazil may be in the spotlight if Venezuela moves to new regime

Brazil followed the international trend on Wednesday and recognized Mr. Juan Guaidó as the interim president of Venezuela, replacing Nicolás Maduro. The country promises to politically and economically support a transition process in their northern neighbor, which may lead to an even bigger role on the local stage.

The decision was announced by President Jair Bolsonaro on Twitter and is in line with countries such as the United States and Colombia. Mr. Guaidó is the president of the opposition-led National Assembly and has promised to fight for a transition government and free elections.

Large parts of the international community—and the Venezuelan opposition—do not recognize Mr. Maduro’s second term as president, won through...

Natália Scalzaretto

Natália Scalzaretto has worked for companies such as Santander Brasil and Reuters, where she covered news ranging from commodities to technology. Before joining The Brazilian Report, she worked as an editor for Trading News, the information division from the TradersClub investor community.

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