The Presidential Daily Brief

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    Venezuela Hit by Blackout Amid Political Turmoil

    Much of the crisis-stricken Latin American country was left in the dark yesterday, sparking confusion and, in some cases, anger among a population already suffering from hyperinflation and shortages of basic goods. Embattled President Nicolás Maduro accused his opponents — including the U.S. — of sabotage, while opposition leader Juan Guaidó described the blackout as “evidence of the usurper’s inefficiency.”

    Are electricity shortages common? Years of underinvestment have wreaked havoc on Venezeula’s hydroelectric infrastructure, its main source of domestic energy.

    Read this OZY Flashback about the roots of Venezuela’s current crisis.

This story is part of The Presidential Daily Brief

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