Venezuela's Socialist Party Nominates Maduro for Re-Election

  • Presidential elections to be held sometime before end of April
  • Venezuelan opposition hasn’t defined an united candidate

Nicolas Maduro

Photographer: Carlos Becerra/Bloomberg
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Venezuela’s ruling socialist party nominatedBloomberg Terminal current President Nicolas Maduro as its candidate for presidential elections expected before the end of April.

The widely expected move comes after the constituent assembly abruptly announced elections would be held within the first four months of this year. If elected, this would be Maduro’s second six-year term, following the late Hugo Chavez’s 14 years in power.