World

Venezuela kicks off final weeks of campaign with Maduro on defensive

2024.07.03 10:04

By Vivian Sequera

CARACAS (Reuters) – Venezuela kicks off the home stretch of its presidential election campaign on Thursday ahead of voting planned for the end of the month, where analysts and pollsters say incumbent President Nicolas Maduro may be on the back foot.

Opposition activists have regularly denounced what they call oppressive tactics by Maduro, a socialist seeking a third term, including imprisoning opposition members. Maduro on Monday said he had agreed to restart talks with the United States, although officials there have declined to confirm that.

The run-up to the campaign’s official start on July 4 has been atypical, with the opposition building a substantial polling lead even after a court banned its leader Maria Corina Machado from running, forcing her coalition to rally behind a new candidate, Edmundo Gonzalez, a little-known former diplomat.

Campaigning ends on July 25, three days before the election.

The opposition has been forced to campaign mostly via social media and word of mouth as it finds itself starved of funds and access to state-run traditional media.

Yet Machado has still seized the spotlight by campaigning in several towns accompanied by hundreds of motorcyclists, a tactic so successful that Maduro has taken to holding similar events supported by teams of motorcycle-mounted stunt men.

With many among the OPEC member’s electorate angry about declining living standards and a stagnant minimum wage, some analysts see the government struggling to overcome opinion polls that show the low profile Gonzalez holding a roughly 20-point lead over Maduro.

“Never before has the opposition enjoyed such a gap in a presidential election,” said John Magdaleno, a political scientist and director of the Polity consulting group.

Still, there remain widespread doubts about whether the July 28 vote will be credible, due to moves including the revocation of an invitation to European Union election observers.

There are glimmers of hope for the opposition, which has urged the country’s military to uphold the country’s institutions.

© Reuters. FILE PHOTO: A man dressed as Super Moustache, a character inspired by Venezuela's President Nicolas Maduro gestures during a rally of the United Socialist Party of Venezuela (PSUV) in support of Maduro, in Caracas, Venezuela June 20, 2024. REUTERS/Leonardo Fernandez Viloria/File Photo

Unlike the election in 2013 – the last time opposition politicians took part – when Maduro’s side spent millions of dollars on merchandise and musical numbers to rally his faithful, the ruling Socialist Party is spending less, analysts say.

The reduced spending, which analysts said was part of a wider austerity effort meant to highlight the party’s fight against soaring inflation, has also helped level the playing field with the opposition.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,169.30 0.48%
ethereum
Ethereum (ETH) $ 3,414.24 2.05%
tether
Tether (USDT) $ 1.00 0.00%
solana
Solana (SOL) $ 256.81 1.93%
bnb
BNB (BNB) $ 659.16 2.29%
xrp
XRP (XRP) $ 1.46 3.99%
dogecoin
Dogecoin (DOGE) $ 0.434749 4.25%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 1.07 0.54%
staked-ether
Lido Staked Ether (STETH) $ 3,409.53 1.77%
tron
TRON (TRX) $ 0.214923 3.62%
stellar
Stellar (XLM) $ 0.589411 40.63%
avalanche-2
Avalanche (AVAX) $ 42.10 3.91%
the-open-network
Toncoin (TON) $ 6.41 15.59%
shiba-inu
Shiba Inu (SHIB) $ 0.000027 1.27%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,050.94 2.11%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,924.24 0.28%
polkadot
Polkadot (DOT) $ 9.09 23.90%
chainlink
Chainlink (LINK) $ 17.73 6.34%
bitcoin-cash
Bitcoin Cash (BCH) $ 517.55 2.43%
weth
WETH (WETH) $ 3,414.54 2.25%
sui
Sui (SUI) $ 3.45 2.94%
pepe
Pepe (PEPE) $ 0.000021 1.88%
leo-token
LEO Token (LEO) $ 8.61 1.09%
near
NEAR Protocol (NEAR) $ 6.42 4.22%
litecoin
Litecoin (LTC) $ 100.69 1.41%
aptos
Aptos (APT) $ 12.99 2.05%
uniswap
Uniswap (UNI) $ 10.93 8.67%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,601.58 2.44%
hedera-hashgraph
Hedera (HBAR) $ 0.150674 1.84%
internet-computer
Internet Computer (ICP) $ 11.77 8.55%
crypto-com-chain
Cronos (CRO) $ 0.196947 5.05%
usds
USDS (USDS) $ 1.00 0.15%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.579123 13.37%
ethereum-classic
Ethereum Classic (ETC) $ 30.00 3.89%
render-token
Render (RENDER) $ 7.87 1.31%
bittensor
Bittensor (TAO) $ 534.91 2.60%
kaspa
Kaspa (KAS) $ 0.152483 2.14%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.47 11.99%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
arbitrum
Arbitrum (ARB) $ 0.880666 9.44%
cosmos
Cosmos Hub (ATOM) $ 9.18 19.78%
bonk
Bonk (BONK) $ 0.000048 5.39%
filecoin
Filecoin (FIL) $ 5.95 21.22%
whitebit
WhiteBIT Coin (WBT) $ 24.74 0.50%
vechain
VeChain (VET) $ 0.042979 11.42%
dai
Dai (DAI) $ 1.00 0.03%
mantra-dao
MANTRA (OM) $ 3.75 2.85%
dogwifcoin
dogwifhat (WIF) $ 3.32 0.36%
celestia
Celestia (TIA) $ 7.45 26.05%