Venezuela’s Guaido Set to Lose Leadership Post After Failing to Unseat Maduro

  • Three opposition parties propose to end interim government
  • Opposition-led National Assembly’s attributions to be reduced

Juan Guaido

Source: Bloomberg
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Almost four years after bursting onto the scene and gaining the recognition of more than 50 countries as the legitimate leader of Venezuela, Juan Guaido is set to be sidelined by opposition allies after failing to unseat President Nicolas Maduro.

Almost 70 lawmakers from Justice First, A New Era and Democratic Action, three of Venezuela’s four main opposition parties, say they have enough votes to ditch Guaido as their leader and create a five-member commission to take over his executive powers, representatives for the group said Wednesday.