TIME

VENEZUELA’S CROSSROADS

A nation searches for a way out of catastrophe
Juan Guaidó, declared interim President of Venezuela by parliament, salutes supporters at a rally in the capital, Caracas, on Feb. 3

TWO MEN CLAIM TO BE THE President of Venezuela, which has the largest oil reserves on the planet and so little food that in a single year the average citizen lost 24 lb. One, Nicolás Maduro, secured a second term in a 2018 election widely regarded as a sham. The other, Juan Guaidó, took an oath of office on Jan. 23, in a maneuver that was equal parts audacious and in genious and that offered the nation at least the possibility of a peaceful way out of its catastrophe.

The trick was finding a possible opening in the mire of Maduro’s authoritarianism. By fiat and force, Maduro has spent the past few years remaking the Caracas government to his liking—replacing justices on the Supreme Court, declaring emergency rule and sidelining the parliament that the opposition had won in a free and fair ballot in 2015. Maduro also created from whole cloth the electoral apparatus that allowed him to remain in office without facing an opponent—a violation of the country’s 1999 constitution. In response, the leader of parliament—Guaidó—said the presidential office had essentially been left vacant in January, the start of Maduro’s rigged second

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