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Machado Vows Return as Venezuela Faces Pivotal Political Moment

  A person holds up an image depicting Venezuelan opposition leader Maria Corina Machado, as people celebrate after the U.S. struck Venezuela and captured its President Nicolas Maduro and his wife Cilia Flores, in Santiago, Chile January 3, 2026. Venezuelan opposition figure María Corina Machado has declared that she plans to return to Venezuela soon, signaling her intention to push for a competitive national election amid a rapidly shifting political landscape. Her remarks follow the dramatic removal of Nicolás Maduro from power and the emergence of a transitional phase that has left the country’s political future uncertain. Machado, who spent more than a year in hiding and previously fled the country to accept an international peace award, emphasized that her movement is prepared to participate in a free and transparent electoral process . She argued that the opposition had already demonstrated its strength even under restrictive conditions and would win decisively in an open ...
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Canada Braces for Lasting Economic Impact Amid U.S. Trade Tensions

 

The Bank of Canada’s Governing Council has issued a stark warning: a protracted trade conflict with the United States could permanently depress the nation’s GDP level. In recent meeting minutes, officials noted that the uncertainty surrounding U.S. trade policy—exacerbated by the threat of significant tariffs—could lead to a lasting reduction in economic output.

With nearly 75% of Canadian exports destined for the U.S., even temporary disruptions could force businesses to recalibrate their investment plans and supply chains, resulting in a permanent shift in the country’s economic potential. The central bank’s decision to trim its key policy rate by 25 basis points to 3% underscores the urgency of addressing these risks amid rising inflation pressures and subdued business confidence.

While the exact outcomes remain uncertain, the consensus among policymakers is clear: unless the trade tensions are resolved, Canada may face a long-term decline in GDP growth, along with accompanying inflationary pressures that could complicate future economic recovery efforts. The Bank of Canada plans to monitor the situation closely, ready to adjust its policy stance as needed to mitigate these challenges.


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