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Venezuela bondholders inch toward showdown

Wednesday, June 21, 2017

Venezuela President Fires Military Brass amid Unrest

including the head of a police force that is accused of attacking anti-government protesters during months of deadly unrest. The commander of the National Guard military police, General Antonio Benavides Torres, will move on to "new responsibilities and battles," Maduro told supporters in a speech. He said he was also replacing the heads of the army, navy and the central strategic command body. The armed forces have maintained their public backing for Maduro in more than a year of mounting volatility in the oil-rich, crisis-struck state. Analysts say the support of the military is key to keeping the socialist president in power in the face of pressure from the opposition over a desperate economic crisis. More…

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