Venezuela in ‘Most Complex’ of Scenarios After Vote: Barclays

Obtaining international recognition and sanctions relief seems “very difficult” for Venezuela’s President Nicolas Maduro after his victory in Sunday’s presidential election was disputed by the opposition, Barclays Plc. analyst Alejandro Arreaza writes in a report to clients.

• “This might not be end of the story, but it pushes the situation into the most complex of the possible scenarios”
• Tensions “seem set to escalate”
  • NOTE: Venezuela’s Opposition Disputes Claim of Maduro Election Victory
  • NOTE: Venezuela Bonds Slide as Opposition Questions Maduro’s Victory
• A mix of internal and international pressure could test the cohesion of the government, which could force negotiations or ...