Venezuelan President puts to a vote whether to invade Guyana for Oil

Venezuela-invade-Guyana

Important Takeaways:

  • Should Venezuela invade its oil-rich neighbor? Maduro will put it to a vote Sunday
  • Venezuelans going to the polls Sunday will be asked to answer an unusually provocative question:
    • Should their government be given a blank check to invade neighboring Guyana, and wrest away three-quarters of its oil-rich territory?
  • The question will be on the ballot in a five-part referendum that, among other things, would grant Maduro special powers to invade Guyana and create a new Venezuelan state encompassing 74% of English-speaking Guyana’s current landmass. The new area would be called Guayana Esequiba.
  • Some experts see the whole thing as a political ploy, though many Guyanese see the threat as real and fear, among other things, the loss of their citizenship.
  • The growing tensions became evident this week when Brazil — a close ally of both nations that shares its border with both — sent top foreign advisor Celso Amorin to mediate while announcing that it was increasing its military presence along its northern border amid fears that the long-standing dispute could turn into a war.
  • The border dispute between Guyana and Venezuela stretches back to the second half of the 19th century, and escalated after Guyana began discovering oil on its territory a few years ago. Venezuela claims ownership of about 61,600 square miles of Guyana — a chunk of land slightly smaller than the state of Florida called the Essequibo — tracing its possession to the time both countries were European colonies. Although Venezuela has unceasingly contested an 1899 ruling made by international arbitrators that established the current borders between the two countries, it had allowed the issue to remain on the back burner for decades

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