PanamaTimes

Saturday, Nov 08, 2025

Venezuela opposition removes ‘interim President’ Juan Guaido

Venezuela opposition removes ‘interim President’ Juan Guaido

Three of four major opposition groups backed the bill to remove opposition leader Juan Guaido and create a five-member commission to manage foreign assets.

Venezuela’s opposition national assembly has voted to remove “interim President” Juan Guaido, dissolve his government and appoint a commission to govern the country’s foreign assets, as lawmakers seek a united front ahead of elections slated for 2024.

The vote, which came in an online session on Friday, reflects a changing balance of power within the opposition, which is trying to find new ways to connect with voters ahead of the nation’s 2024 presidential election and defeat left-wing leader Nicolas Maduro.

The article eliminating the “interim government” and the article creating the assets commission passed with 72 votes in favour, 29 against and 8 abstentions.

Three of four major opposition groups – Justice First, Democratic Action and A New Era – backed the bill to remove Guaido and create the five-member commission to manage foreign assets, especially United States-based refiner Citgo, a subsidiary of state-owned oil company PDVSA.


In a recent poll, only six percent of Venezuelans said they would vote for Guaido if he participated in presidential primaries next year

“It’s with a heavy heart that I make this vote,” said Luis Silva, a member of the Democratic Action party who participated in the online session for the vote.

“We haven’t been able to come up with a unanimous decision, but we need to look for new strategies.”

Supporters say opposition control of foreign assets is not at risk and the dissolution is necessary for unity ahead of the elections.

Guaido has been the public face of Venezuela’s fractious opposition since 2019, when he invoked the constitution to assume an interim presidency, garnering backing from the United States and other governments that rejected the 2018 re-election of Maduro.

However, Maduro has remained in control of nearly all Venezuela’s institutions, including its security forces, and Guaido’s interim government, which has control over some foreign assets and runs many embassies, has seen its support wane.


‘Jump into abyss’


Guaido, whose Voluntad Popular party did not back the effort, had urged lawmakers to replace him instead of dissolving the interim government.

“To annul this is to jump into the abyss,” Guaido told the assembly after the votes. “It is destroying what could have been maintained.”

Opposition parties hope Washington will extend a licence protecting Citgo from possible creditor seizures when the license expires in January.

Venezuela owes more than $60bn to creditors.

Meanwhile, a spokesperson for the US National Security Council said on Friday that Washington will continue to support the opposition, the assembly and the interim government “regardless of what form it takes”.

The failure to drive out Maduro frustrated Venezuelans, who are struggling with high inflation, food shortages and the lowest wages in South America – hardships that forced millions of people to migrate in recent years.

In a poll taken by Andres Bello Catholic University in Caracas last month, only six percent of Venezuelans said they would vote for Guaido if he participated in presidential primaries next year while a few other opposition leaders got bigger numbers.





Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
Nancy Pelosi Finally Announces She Will Not Seek Re-Election, Signalling End of Long Congressional Career
Erling Haaland’s Remarkable Run: 13 Premier League Goals in 10 Matches and Eyes on History
White House Refutes Reports That US Targeting Military Sites in Venezuela
Hurricane Melissa Strikes Cuba After Devastating Jamaica With Record Winds
U.S. Targets Maritime Narco-Routes While Border Pressure to Mexico Remains Limited
Argentina’s Markets Surge as Milei’s Party Secures Major Win
U.S. Treasury Sanctions Colombia’s President Gustavo Petro over Drug-Trafficking Allegations
‘I Am Not Done’: Kamala Harris Signals Possible 2028 White House Run
Ecuadorian President Daniel Noboa Alleges Poison Plot via Chocolate and Jam
Trump Accuses Colombia’s President of Drug-Leadership and Announces End to US Aid
"The Tsunami Is Coming, and It’s Massive": The World’s Richest Man Unveils a New AI Vision
U.S. Treasury Mobilises New $20 Billion Debt Facility to Stabilise Argentina
A Dollar Coin Featuring Trump’s Portrait Expected to Be Issued Next Year
Trump Stands Firm in Shutdown Showdown and Declares War on Drug Cartels — Turning Crisis into Opportunity
FBI Strikes Deep in Maduro’s Financial Web with Bold Money-Laundering Indictments
Sean ‘Diddy’ Combs Sentenced to Fifty Months in Prison Following Prostitution Conviction
New World Screwworm Creeps Within Seventy Miles of U.S. Border, Threatening Cattle Sector
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
Trump Orders Third Lethal Strike on Drug-Trafficking Vessel as U.S. Expands Maritime Counter-Narcotics Operations
US Launches New Pilot Program to Accelerate eVTOL Air Taxi Deployment
New OpenAI Study Finds Majority of ChatGPT Use Is Personal, Not Professional
Actor, director, environmentalist Robert Redford dies at 89
Florida Hospital Welcomes Its Largest-Ever Baby: Annan, Nearly Fourteen Pounds at Birth
Could AI Nursing Robots Help Healthcare Staffing Shortages?
In a politically motivated trial: Bolsonaro Sentenced to 27 Years for Plotting Coup After 2022 Defeat
In a highly politically motivated trial, Brazil’s Supreme Court finds former leader Bolsonaro guilty of plotting coup
Brazilian police say ex-President Bolsonaro had planned to flee to Argentina seeking asylum
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Nayib Bukele Points Out Belgian Hypocrisy as Brussels Considers Sending Army into the Streets
Brazil Braces for Fallout from Bolsonaro Trial by corrupted judge
Escalating Drug Trafficking and Violence in Latin America: A Growing Crisis
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
Trump Responds to Death Rumors – Announces 'Missile City'
Argentine President Javier Milei Evacuated After Stones Thrown During Campaign Event
Category 5 Hurricane in the Caribbean: 'Catastrophic Storm' with Winds of 255 km/h
Air Canada Begins Flight Cancellations Ahead of Flight Attendant Lockout
Southwest Airlines Apologizes After 'Accidentally Forgetting' Two Blind Passengers at New Orleans Airport and Faces Criticism Over Poor Service for Passengers with Disabilities
Mexico Extradites 26 Cartel Figures to the United States in Coordinated Security Operation
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Spain Scraps F-35 Jet Deal as Trump Pushes for More NATO Spending
Trump Administration Increases Reward for Arrest of Venezuelan President Maduro to Fifty Million Dollars
All Five Trapped Miners Found Dead After El Teniente Mine Collapse
Nationwide Protests Erupt in Brazil Demanding Presidential Resignation
Mystery Surrounds Death of Brazilian Woman with iPhones Glued to Her Body
Absolutely 100% Realistic EVO Series Doll by EXDOLL (Chinese Company) used mainly for carnal purposes
Former Judge Charged After Drunk Driving Crash Kills Comedian in Brazil
Trump Steamrolls EU in Landmark Trade Win: US–EU Trade Deal Imposes 15% Tariff on European Imports
California Clinic Staff Charged for Interfering with ICE Arrest
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
×