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VENEZUELA: GUAIDÓ FADING

Juan Guaidó, who with U.S. backing and that of some 50 nations, claims to be the legitimate president of Venezuela, received a cool reception at the recent meeting of government and financial leaders in Davos.
Despite his recent meeting and endorsement by U.S. Secretary of State Mike Pompeo last week, as reported in the Trends Journal, Guaidó failed to get meetings with major leaders, including President Trump.
Guaidó told small audiences he was able to address that he and his supporters were still in a position to oust the current president, Nicolás Maduro, and lobbied European leaders to help weaken Venezuela’s gold trade, which he claims helps Maduro maintain power with the military.
At the conference last week, President Trump didn’t even mention Venezuela. Mr. Guaidó was only able to get meetings with the leaders of Austria, Greece, and the Netherlands. His main emphasis was on the millions of Venezuelans who had been forced to flee their country due to the lack of food and medical care under the Maduro regime.
TREND FORECAST: Despite the tepid support for Guaidó at Davos and his waning support in Venezuela, the United States will continue to support him and/or other leaders/factions in its effort to overthrow the Maduro government.
 Beyond the crippling economic sanctions Washington has imposed on the nation, the U.S. and its allies will increase pressures militarily to attain regime change.