President Maduro Moves to Change Venezuela’s Constitution as the Political Crisis Escalates

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On May 1, May Day, Nicolás Maduro called for a Constituent Assembly in Venezuela to rewrite its constitution. His action was taken against a backdrop in which Venezuela’s economic output shrank some 18% over the last year, and annual inflation this year is projected to top 700%. Thousands of Venezuelans have taken to the streets to protest the process of overhauling the country’s constitution, a move that has increased the intensity of the bitter standoff between Maduro’s government and the growing opposition.

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