A couple of months ago, leading officials in the Trump
administration confidently spoke of the imminent collapse of the Venezuelan
regime. Now, they’re girding themselves for a more uncertain and prolonged
contest. President Nicolás Maduro, a pariah in the eyes of much of the Western
hemisphere, looks no closer to exiting the presidential palace in Caracas. The
country’s influential military is mostly still in his camp and his grip on
power remains intact, no matter the catastrophic economic crisis hollowing out
his country and fueling an unprecedented hemispheric refugee crisis. While more
than 50 nations may recognize opposition leader Juan Guaidó as Venezuela’s
interim president, Maduro is counting on the continued support of friendlier
governments, including China, Turkey and, especially, Russia. So far, the
Kremlin hasn’t disappointed him. It’s attempting to offset the burden of U.S.
sanctions on Venezuela’s state oil company by helping the Maduro regime refine
its heavy crude. Russia is also increasing wheat sales and continuing its
deliveries of sorely needed medical supplies. This week, a senior Russian diplomat
in Caracas told my colleagues, a delegation of Venezuelan officials is expected
in Moscow to discuss Russian investments in Venezuela’s mining, agricultural
and transport sectors. More…

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