The Intelligence from The Economist Madurable: impasse in Venezuela
Sep 23, 2019
Michael Reed, a senior editor, teams up with Elliot Abrams to dive into the turbulent crisis in Venezuela. They discuss how international sanctions have impacted the regime and its citizens, yet Maduro still clings to power. The conversation also highlights the potential for a shared governance model as a way out. Switching gears, they explore the rise of the Internet of Things, underscoring the cybersecurity threats tied to our increasingly connected lives, while also touching on the historical evolution of cities and their future challenges.
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Maduro's Resilience
- Maduro remains in power despite a crippled economy and mass emigration.
- The US sanctions haven't removed him, and talks involving power-sharing are the only way out.
Impact of Sanctions
- US sanctions likely prompted Maduro to start talks with the opposition.
- Further sanctions in August caused Maduro to suspend these talks.
Obstacles to Negotiation
- Maduro will only relinquish power if a transitional government includes his movement.
- This power-sharing, though unpalatable, is better than the alternatives: military intervention or Maduro staying.
