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The Venezuelan president died. He left behind a legacy of positive radical change. He worked to reduce corruption, increase spending on social programs, and redistribute the country's oil money. The new leader Nicolas Maduro takes over.
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Maduro narrowly wins the six term election, but the election was surrounded in fraud.
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Venezuelan security arrest Leopoldo Lopez on suspicions of forming unrest and plans to overthrow Maduro.
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Democratic Unity Coalition win control of the legislative body after citizen's growing discontent with the prolonged recession and inflation.
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Following the Supreme Court's decision to take over functions of the National Assembly, national outcry and protests begin. The court took back the decision but the protests led to 100 deaths.
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The creation of an all powerful legislative body passed into law to rewrite a constitution. It soon took over crucial legislative functions, and sparks accusations that Maduro is trying to undermine Democracy.
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Talks between the government and opposition collapse after dispute over next election date. The government states the election will be in the first half of the year and the opposition plan to boycott.
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Maduro easily wins reelection after low turnout and suspicions of government vote buying.
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Maduro goes forward with his inauguration over increasing pressure not to.
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As the largest opposition rally since 2017, Guaido swears himself in and recognizes him as the legitimate president.
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US implements sanctions on state oil company PDVSA to increase pressure on Maduro to step down.
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Corrupt government is the main cause of the Venezuelan hyperinflation. This is similar to Germany's corrupt leaders printing a surplus of money and causing hyperinflation as well. The limited demand and availability of Venezuela and Germany's products both led to the drastic inflation.