AGL 40.25 Increased By ▲ 0.25 (0.63%)
AIRLINK 127.60 Increased By ▲ 0.56 (0.44%)
BOP 6.57 Decreased By ▼ -0.10 (-1.5%)
CNERGY 4.50 Decreased By ▼ -0.01 (-0.22%)
DCL 8.64 Increased By ▲ 0.09 (1.05%)
DFML 41.90 Increased By ▲ 0.46 (1.11%)
DGKC 87.62 Increased By ▲ 0.77 (0.89%)
FCCL 32.65 Increased By ▲ 0.37 (1.15%)
FFBL 65.00 Increased By ▲ 0.20 (0.31%)
FFL 10.26 Increased By ▲ 0.01 (0.1%)
HUBC 109.59 Increased By ▲ 0.02 (0.02%)
HUMNL 14.57 Decreased By ▼ -0.11 (-0.75%)
KEL 5.12 Increased By ▲ 0.07 (1.39%)
KOSM 7.54 Increased By ▲ 0.08 (1.07%)
MLCF 41.49 Increased By ▲ 0.11 (0.27%)
NBP 59.55 Decreased By ▼ -0.86 (-1.42%)
OGDC 194.11 Increased By ▲ 4.01 (2.11%)
PAEL 28.25 Increased By ▲ 0.42 (1.51%)
PIBTL 7.80 Decreased By ▼ -0.03 (-0.38%)
PPL 151.85 Increased By ▲ 1.79 (1.19%)
PRL 26.45 Decreased By ▼ -0.43 (-1.6%)
PTC 16.15 Increased By ▲ 0.08 (0.5%)
SEARL 82.51 Decreased By ▼ -3.49 (-4.06%)
TELE 7.67 Decreased By ▼ -0.04 (-0.52%)
TOMCL 35.45 Increased By ▲ 0.04 (0.11%)
TPLP 8.17 Increased By ▲ 0.05 (0.62%)
TREET 16.11 Decreased By ▼ -0.30 (-1.83%)
TRG 52.84 Decreased By ▼ -0.45 (-0.84%)
UNITY 26.50 Increased By ▲ 0.34 (1.3%)
WTL 1.24 Decreased By ▼ -0.02 (-1.59%)
BR100 9,951 Increased By 67.8 (0.69%)
BR30 30,875 Increased By 274.8 (0.9%)
KSE100 93,888 Increased By 532.9 (0.57%)
KSE30 29,092 Increased By 161.3 (0.56%)

Political tensions in crisis-wracked Venezuela simmered Wednesday as the opposition-controlled legislature was to convene, after a rival assembly loyal to President Nicolas Maduro created a "truth commission" seen as targeting lawmakers. The establishment of the commission - which Maduro wants to examine alleged crimes committed by opposition leaders - was the latest in a series of moves by the new Constituent Assembly and the supreme court to crack down on challenges to Maduro's rule.
They include the jailing of an opposition mayor who allowed anti-government protests to happen in his Caracas district, and the firing of the attorney general, Luisa Ortega, who is an outspoken critic of the president. A powerful member of the Constituent Assembly and close Maduro ally, Diosdado Cabello, said parliamentary immunity could be lifted "for everyone" in the legislature to open the way to prosecution.
The new assembly, ostensibly brought in to rewrite the constitution but handed sweeping powers to override all other branches of government, was elected on July 30 in polls marred by violence and allegations of fraud. The developments have prompted cries from the United States and major Latin American nations that Venezuela has become a "dictatorship."
On Tuesday, a dozen nations in the region, plus Canada, condemned Venezuela for "breaking democratic rule." The group - including Argentina, Brazil, Chile, Colombia and Mexico - said they would not recognize the Constituent Assembly or its decisions.
The United States has imposed direct sanctions on Maduro, and warned further punishment could follow. US Vice President Mike Pence is to visit Latin America next week to hold discussions on "shared economic and security goals."
The UN rights office has slammed Venezuela's "excessive force" against protesters who object to the Constituent Assembly and are angry about an economic crisis that has seen lines for scarce food and medicine, runaway inflation and a tanking currency. Since the protests turned violent four months ago, nearly 130 people have died.
But Venezuela is not entirely isolated internationally. It can count on the support of Russia and China - which have granted tens of billions of dollars in loans to Venezuela - as well as leftist allies Cuba, Bolivia and Ecuador, and small Caribbean nations to which it gives cheap oil.

Comments

Comments are closed.