US media: Venezuelan opposition "interim government" backed by the United States faces collapse
2021-12-06: [Article Link] According to the Wall Street Journal, Julio Borges, the head diplomat of the “interim government” in Venezuela, led by Guaido, and his party “Justice First” announced their withdrawal from the opposition coalition, a US-backed opposition political movement that is facing a breakdown. As a leading figure of the opposition coalition, Borges, noting that the so-called “interim government” led by Guaido has lost its legitimacy, called for an end to Guaido’s leadership.
The withdrawal of Borges and his party was a major blow to the opposition coalition, and raised questions as to whether the Biden government would continue to support Guaydo after his mandate ended on 5 January, despite the support of US policymakers. The Venezuelan opposition reportedly managed over $10 billion in state-owned assets, including oil refineries and gold bars worth $1 billion.
In January 2019, the then President of Congress, Guaydo, self-proclaimed “temporary President” by the United States and some of the United States allies, was acknowledged by the United States. Since then, the Guaydo-led opposition, supported by the United States, has failed in various ways in seeking to overthrow the Maduro government.