Venezuela Awaits Trump's Move After Opposition Claims Fraud

  • Government says more than 8 million people participated
  • U.S., EU and regional countries criticized the process

The U.S. government is weighing its options in response to a vote to overhaul Venezuela's constitution amid claims of fraud in the nation. Bloomberg's Andy Rosati reports on 'Bloomberg Markets.' (Source: Bloomberg)

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Venezuela’s government, striving to legitimize President Nicolas Maduro’s grab for control, said that more than 8 million people participated in a vote to rewrite the constitution even though polling places and streets were mostly empty and quiet.

The constituent assembly chosen Sunday will meet as soon as this week to discuss changing the charter rewritten under former socialist leader Hugo Chavez, who is still revered as the inspiration for the revolution that Maduro claims to lead. The opposition says the rewrite is meant to replace a critical congress and delay general elections.