Venezuela’s Machado returns from exile as Rodríguez holds office with no election date

2 min read
Venezuela’s Machado returns from exile as Rodríguez holds office with no election date
PrimeXBT Editorial Team
Reviewed by PrimeXBT

Opposition leader and Nobel laureate María Corina Machado returned to Venezuela on Sunday after months in exile. Acting President Delcy Rodríguez has stayed in office past her initial 90 days without calling an election, and Machado's allies want a date set.

María Corina Machado reappeared in Venezuela on Sunday, her first appearance since December. Her return comes as doubts grow over the country's democratic future and the role of the U.S.

Machado announced her arrival on social media. According to CNBC, she wrote: "I am here. With you." Edmundo González, another leading opposition figure, confirmed her arrival on X and said he would be at her side soon.

Crowd greets Machado at a church in Lara state

On Sunday afternoon, Machado walked into a church in Lara state, west of Caracas, as dozens of people applauded. She then headed to Caracas, with stops scheduled along the way.

Asked about her return, U.S. President Donald Trump said he did not know anything about it and hoped she was safe.

No election date under Rodríguez

The U.S. military deposed then-President Nicolás Maduro in January. Since then, acting President Delcy Rodríguez, a longtime Maduro ally, has run Venezuela with the Trump administration's blessing.

Rodríguez was initially supposed to serve only 90 days, but she has remained in office and has made no move to call an election. The ruling party-controlled assembly never voted to extend her term.

Machado and her allies have demanded a date for a presidential election. U.S. Secretary of State Marco Rubio has argued that Venezuela must first stabilize its economy and rebuild its institutions, including its courts and electoral council.

Seven failed attempts to return

According to her party, Machado made seven unsuccessful attempts to return. Opposition activists have accused Venezuela's government of blocking her, a claim Venezuelan authorities deny.

Trump administration officials deny they held her back. They have said that on some occasions they advised her against returning because of safety concerns.

Source: CNBC

Trading involves risk.

Most traded markets

BTC / USD
+0.04% 80,532.9
ETH / USD
+0.27% 2,349.01
NEAR / USD
+1.92% 4.562
ZEC / USD
+1.04% 1,216.67
SOL / USD
+0.23% 101.61
BNB / USD
+1.45% 741.69
View all markets

Author

PrimeXBT
Our Editorial Team consists of leading experts with a proven record in the fields of trading, cryptocurrencies, blockchain and finance. We thoroughly research the sources of information in order to provide readers with quality content that serves edu...
Read author’s articles
Alert Triangle Risk Disclaimer
Disclaimer: Some past publications may be outdated. We recommend following our news to stay up to date with the latest information. For any questions, feel free to contact our support team via the chat below.
The content provided here is for informational purposes only. It is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results.
The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.

Today in markets

Browse World News

Register Now

Trading involves risk

Get started in minutes

Our clients love how fast and simple our sign-up is. It takes just a few minutes to get started!

Get Started Get Started
Get started in minutes

Need Help?

Risk Warning:
Trading in leveraged products carries a high level of risk and may not be suitable for all investors.