Experts: Oil guarantees support to Venezuelan government at the OAS
Analysts reckon that economic interests prevent actions against Venezuela
"The OAS is profoundly dominated by Chávez's allies, led by Brazil and Argentina in South America, and the members of the Bolivarian Alliance for the Peoples of Our America as well as those of the Caribbean Community and Common Market (Caricom)," Figueredo remarked.
In his view, "There is no future for the OAS, particularly as long as it is led by Secretary-General (José Miguel) Insulza, who represents one of these movements (left-wing)."
For her part, María Teresa Belandria, an expert in international law, stressed that the stance adopted last week by most of the members of the OAS shows the strong influence the Venezuelan oil has on them. "Nobody is willing to fight with a country that supplies low-cost oil to you that helps you prop up governance at home," Belandria stated."
According to Belandria, "the OAS has become a presidential club and it is no longer an organization seeking the defense of democracy and the rule of law of the countries in the region." She added that the OAS takes actions "only when presidents are threatened" rather than advocating democracy.
Translated by Jhean Cabrera
President Nicolás Maduro is not only the heir to the throne, but also to an economic crisis which demanded urgent measures to rectify the course. The crisis showed up in two aspects: a 50% inflation estimate, and shortage of staples ranging between 70% and 98%. These issues might hit the President's poor popularity; considering his feeble electoral victory of 1% over his challenger.