
The Global Story What’s next for Venezuela?
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Jan 5, 2026 Ione Wells, the BBC South America correspondent, provides insight into the tumultuous situation in Venezuela following Nicolás Maduro's capture. She discusses the current power dynamics in Caracas, where Maduro's allies remain in control, and the mixed public sentiments surrounding the political turmoil. Ione also delves into the implications of U.S. intervention in Venezuela, questioning whether the motives are truly about narco-terrorism or economic interests, and highlighting the risks of potential civil conflict as this situation unfolds.
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Stepped-Up US Campaign Reached A Climax
- The US escalated a years-long campaign against Maduro culminating in a military-style capture and court appearance in New York.
- Trump framed this as running Venezuela until a “safe, proper and judicious transition” could occur.
Contrasting Reactions At Home And Abroad
- BBC interviews captured both pro-Maduro anger and private celebrations among opponents inside Venezuela.
- Diaspora communities, especially in Florida, publicly celebrated more openly than residents in Caracas.
Power Remains With Maduro's Allies
- Maduro's removal leaves Venezuela in limbo because his allies still control key institutions like the military and judiciary.
- That entrenched control makes an immediate orderly transition uncertain and risky.

