Major EU Nations Back Maduro Rival for Venezuela Leader

The video discusses the political situation in Venezuela, focusing on international support for Juan Guido as interim president and the challenges faced by Nicolas Maduro in maintaining power. It highlights the role of the military, the impact of economic sanctions, and the potential for humanitarian aid. The video also explores the economic strategies proposed by Guido to attract foreign investment and the importance of the oil industry in Venezuela's recovery.

Which countries have recognized Juan Guido as the interim president of Venezuela?

• Only the United States

• Countries in the European Union and the Lima Group

• Only Latin American countries

• Only Canada and the US

What significant change did Guido propose for Venezuela's national oil company?

• To stop all foreign investments

• To increase its majority stake in joint ventures

• To privatize the company completely

• To no longer insist on being a majority holder in joint ventures

What is a major challenge for the Guido government in terms of oil revenue?

• Reducing oil prices

• Finding new oil reserves

• Increasing oil production

• Ensuring oil profits are not used for personal gain

What is a significant obstacle in removing Maduro from power?

• Support from the United Nations

• Economic prosperity under Maduro

• Centralized military power and police state

• Lack of international support

What strategy is Guido using to gain military support?

• Offering financial incentives

• Promising amnesty to those who turn on Maduro

• Threatening military leaders

• Providing military promotions

What is a potential consequence of prolonged oil sanctions on Venezuela?

• Increased oil production

• Economic growth

• Inability to fund food imports

• Improved foreign relations

What is the proposed solution to address the impact of sanctions on Venezuela's economy?

• Stop all oil exports

• Implement a food-for-oil program

• Rely on private sector growth

• Increase oil exports to the US