After Maduro’s fall, Venezuela faces the dilemma of abrupt transitions: how to prevent the end of authoritarianism from giving rise to new forms of unstable or extractive power.
The reactivation of Venezuelan oil opens an opportunity for Latin America to capture value not only in extraction, but also in industry, services, and finance.
A potential democratic transition in Venezuela requires more than elections: it requires rebuilding the rules, the institutions, and the guarantees of the electoral system.
**Translation:**
After Maduro’s fall, the big question is not only when Venezuelans will return, but whether a path of return truly exists after years of putting down roots.
By handing over the Nobel medal to Trump, Machado sought to speed up the transition, but ended up exposing his greatest dilemma: international influence without effective power.
The detention of Cilia Flores alongside Nicolás Maduro reignites the debate over the real power of first ladies in Latin America and lays bare how a role without formal oversight can become a key political actor within authoritarian regimes.
