Canada announces $53-million in aid for Venezuela and refugees

With Nicolas Maduro's government and PDVSA running out of cash, crude oil production in Venezuela-the country sitting on the world's largest oil reserves-has been incessantly falling over the past three years, despite Maduro touting deals with Russian Federation and repeatedly vowing to increase oil production.

In a statement, it accused them of submitting to a US "strategy to overthrow the legitimate government" and singled out Spain, which had previously led mediation efforts, for acting "cowardly".

Guaidó also received the backing of Austria, the Czech Republic, Denmark, Estonia, Finland, Latvia, Lithuania, Luxembourg, the Netherlands, Poland, Portugal, and Sweden. Italy reportedly blocked efforts by European Union foreign ministers to agree on a joint declaration on Guaido's interim presidency.

The situation deteriorated when Guaidó declared himself interim president and was recognized by a number of countries around the world including the United States, United Kingdom, and Canada.

Mexico was once an outspoken critic of Maduro.

The group reaffirmed its support for Guaido and the opposition-controlled National Assembly, but rejected calls for a foreign military intervention, saying it supported a "peaceful transition". They also urged Venezuela's military to support Guaido as interim president and "not to impede the entry and transit of humanitarian assistance to Venezuelans".

"Soldiers, we continue to wait for you". While speaking at a meeting of the Lima Group Monday, Canadian Prime Minister Justin Trudeau said his country would provide $53 million to help the Venezuelan people.

"We condemn the brutality of Maduro regime", Trump added blaming Caracas, and socialism in general, for the economic downfall of the country strangled by USA sanctions.

He has defied European heads of state, calling them sycophants for following U.S. President Donald Trump.

Mr Maduro has written a letter to Pope Francis requesting a renewal of dialogue in the crisis.

Venezuelan opposition leader and self-proclaimed interim president Juan Guaido waves to supporters during a rally against Venezuelan President Nicolas Maduro's government in Caracas, Venezuela, Feb. 2, 2019.

They have joined the United States in pushing for a change of regime in Venezuela, which is now seeing an acute shortage of medicines and hyperinflation despite being an oil-rich country.

The United States is sending food and medical supplies to Colombia's border with Venezuela where it will be stockpiled until it can be delivered to the economically shattered nation, USA officials with knowledge of the plan said today.

Venezuela is in the grip of severe shortages of food and medicine and an inflation rate of more than one million per cent, according to the UN.

Mr Guaido has called for further protests. Uruguay's central bank and the office of the country's president did not immediately respond to requests for comment. The United States last week imposed sanctions on Venezuelan state-owned oil firm PDVSA. "We are in patriotic march defeating a failed coup of the oligarchies, a patriotic civic-military parade, raising the flags of the independence of Venezuela".

  • David Armstrong