Venezuela Stability Analysis - May 2020

Food and gasoline shortages, not mercenaries, will drive political tensions in the months to come

Entering May 2020, here is what matters in Venezuela:

• Food shortages

• Protests by citizens demanding food

• Coronavirus spread (though reporting on it is censored)

• Power outages, particularly in the West

• Gasoline shortages

• Low global oil prices leaving the Maduro regime without income

• A drop in remittances

• A gang war in Caracas that could destabilize portions of t…