Venezuela Opposition to Wall St.: It’s Referendum or Crisis
- Recall vote on President Maduro ‘is an escape valve’: Falcon
- Opposition governor has met with investors in U.S. this week
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One of Venezuela’s top opposition figures is warning Wall Street that a recall referendum is the only way of staving off a full-blown crisis in the South American nation already gripped by deep recession, runaway inflation and chronic shortages of basic staples.
Henri Falcon, governor of Lara state, has met with with investors in the U.S. this week, as Venezuela’s opposition ramps-up its efforts to oust President Nicolas Maduro from office before his term ends in 2019. In those meetings, Falcon was accompanied by Francisco Rodriguez, a Harvard-trained, Venezuelan economist formerly with Bank of America Corp.