Venezuelan Assembly Will Meet to Defy Constitutional Rewrite
- Maduro’s supporters talk of healing, but agenda is vague
- President threatens prison for politicians who oppose him
What Venezuela's Crisis Means for Investors
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In as little as 24 hours, a clash of powers is set to unfold in the Venezuelan capital’s gold-domed Federal Legislative Palace, where a newly elected legislative super body will attempt to convene alongside the National Assembly, the only arm of government not controlled by President Nicolas Maduro or his allies.
Despite international condemnation and allegations of fraud, Maduro is installing his so-called constituyente Thursday, which could turn the crisis-torn nation’s democracy on its head. After months of bloody protests and a boycott by Maduro’s adversaries, who decry an illegal power grab, the 545-delegate body will begin overhauling Venezuela’s charter.