Economics
Venezuela's Opposition Urges Strike as Trump Warns of Action
- Opponents of Maduro call for 24-hour strike on Thursday
- U.S. president warns of potential ‘swift economic actions’
Why Venezuela's Many Crises Keep Getting Worse
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Venezuelan President Nicolas Maduro faced growing pressure to cancel plans to rewrite the constitution on Monday with an emboldened opposition calling for a 24-hour strike this week and U.S. President Donald Trump warning of “strong and swift economic actions.”
A day after 7.5 million Venezuelans participated in an unofficial referendum to reject the constituent assembly and to call for fresh elections, the U.S. intensified its criticism of the government. Maduro has yet to comment on the results of the referendum, while other government officials have taken to state television and accused the opposition of over-counting votes.