: :inin Kyiv (EET)

In Venezuela, Russia risks losing an ally and billions


MOSCOW: As President Nicolas Maduro’s rule hangs in the balance in Venezuela, Russia risks losing its long-cultivated main ally in Latin America and billions invested in oil and arms contracts.Russian President Vladimir Putin spent years building up an alliance with Venezuela’s late populist leader Hugo Chavez and his successor Maduro, often playing host to the two in Moscow.As pressure has built on Maduro from self-proclaimed acting president Juan Guaido and his Western allies, Russia has stood firm behind its man in Caracas. Foreign Minister Sergei Lavrov on Tuesday vowed Moscow would “do everything” to protect its ally.Behind this support, analysts …read more

Source: theSun

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