Venezuela has the world’s biggest oil reserves, yet its socialist economy is collapsing. The Venezuelan people, who during the last two decades have lived under a revolutionary, left-wing government, are increasingly hungry and desperate. The crisis has propelled a widespread opposition movement to have President Nicolás Maduro recalled from office via a referendum vote.
Maduro took over for the late Hugo Chavez in 2013. Opposition members say they have gathered the 400,000 votes needed to meet the constitutional requirements for starting the recall process. If the movement to recall Maduro is successful, it could mean an end for the revolutionary government and new leadership that isn’t as hostile to U.S. interests.