VENEZUELA'S POLITICAL CRISIS (JUAN GUAIDO)

About: 

• Guaido's announcement came amid violence that has killed at least 13 people this week. 
  
  
• The United States, Brazil and other countries endorsed Guaido's declaration in repudiation of President Nicolas Maduro, as more protests rocked the economically strapped country. Following this, Venezuela has broken off diplomatic ties with the United States. 
  
  
• Background:
  • Maduro has presided over a deepening economic crisis that has left millions in poverty as the oil-rich country faces shortages of basic necessities such as food and medicine. 
    
    
  • Some 2.3 million people have fled the country since 2015, according to the United Nations, while the International Monetary Fund says inflation will hit a staggering 10 million percent this year.