Nicolas Maduro Sworn in for Third Term Amid Opposition Claims of a ‘Coup’

Nicolas Maduro has been sworn in for a controversial third term as President of Venezuela, extending his grip on power in a nation plagued by economic turmoil and political unrest.

According to the sources of Leaders team, the inauguration, held in Caracas with supporters and foreign allies in attendance, comes amidst fierce criticism from opposition leaders who have labeled the event a “coup against democracy.”

Maduro’s re-election, announced following the 2024 elections, was marred by allegations of voter suppression, irregularities, and a lack of transparency. The opposition, along with international observers, has refused to recognize the results, accusing Maduro’s government of manipulating the process to remain in power.

A Divided Nation

The swearing in ceremony was a stark reflection of Venezuela’s deep political divide. While Maduro’s loyalists celebrated his continued leadership, opposition leaders boycotted the event, vowing to intensify their fight against what they describe as an “illegitimate regime.”

“Today marks the continuation of a dictatorship,” said opposition leader Juan Guaidó. “The Venezuelan people deserve free and fair elections, not another term of oppression and suffering.”

Challenges Facing Maduro

Maduro begins his third term amidst mounting challenges. As per the reports of Leaders team, Venezuela remains in the grip of a severe economic crisis, with hyperinflation, widespread poverty, and food shortages driving millions of citizens to flee the country. International sanctions, particularly from the United States, continue to strain the already fragile economy.

Maduro has promised to prioritize economic recovery and deepen ties with allies such as China, Russia, and Iran. “This is a new era for Venezuela,” he declared in his inauguration speech. “We will rebuild our nation, defend our sovereignty, and overcome the challenges imposed by imperialist powers.”

International Reaction

The international community remains divided over Maduro’s presidency. While countries such as Russia, China, and Cuba have expressed support, the United States, European Union, and several Latin American nations have condemned his re-election and renewed calls for democratic reforms.

As Maduro embarks on his third term, the future of Venezuela remains uncertain. The opposition’s determination to challenge his rule, combined with the ongoing economic crisis, sets the stage for continued instability in a country once considered one of Latin America’s wealthiest.