U.S. to provide Venezuela’s Guaido with $52 million in funding

The United States said on Tuesday it will provide $52 million in funding to Venezuelan opposition leader Juan Guaido, an escalation of support even as his push to oust socialist President Nicolas Maduro stalls.

The United States Agency for International Development (USAID) said in a statement that the funding would go towards independent media, civil society, the health sector and the opposition-controlled National Assembly, which is led by Guaido.

Guaido in January invoked the constitution to assume a rival presidency, arguing Maduro’s 2018 re-election was illegitimate.

Guaido has been recognised as Venezuela’s rightful leader by more than 50 countries, including the United States. But Maduro remains in power with the backing of the armed forces and countries like Cuba, Russia and China.

Via Reuters

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