IBOV 171,124.85 ▼ 0.65% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL5.58▲ 1.32% USD/MXN18.61▲ 0.44% USD/CLP983.68▲ 1.70% USD/COP3,300▲ 5.77% USD/PEN3.41▲ 0.05% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.52% USD/PYG6,196▲ 1.99% USD/BOB11.68▲ 0.19% USD/DOP60.46▲ 2.41% USD/CRC445.62▲ 1.24% USD/GTQ7.64▲ 2.97% USD/HNL26.89▲ 3.05% USD/NIO36.62▲ 2.53% USD/VES897.02▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.36% USD/TTD6.72▲ 2.10% EUR/BRL6.23▲ 1.65% BRENT 91.50 ▼ 1.16% WTI 86.01 ▼ 0.97% IRON ORE 161.91 — — COPPER 6.26 ▼ 1.09% GOLD 4,040 ▼ 1.82% SILVER 51.41 ▼ 2.20% SOY 1,227 ▲ 3.76% CORN 448.00 ▲ 1.99% WHEAT 591.50 ▲ 0.60% COFFEE 266.75 ▼ 2.50% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 78.28 ▼ 0.63% COCOA 4,852 ▼ 3.04% BEEF 222.55 ▲ 2.94% CATTLE 326.68 ▼ 0.51% LITHIUM 59.89 ▼ 2.39% PETR4 45.06 ▼ 0.29% VALE3 65.04 ▼ 1.62% ITUB4 41.18 ▼ 1.29% BBDC4 14.39 ▼ 1.98% ABEV3 15.65 ▲ 0.26% BBAS3 16.89 ▼ 0.76% B3SA3 14.37 ▼ 3.23% WEGE3 51.16 ▲ 0.83% PRIO3 59.61 ▲ 0.37% SUZB3 54.72 ▲ 0.96% RENT3 29.95 ▼ 2.85% AZZA3 14.61 ▼ 3.37% CSAN3 2.69 ▼ 2.89% RAIZ4 24.40 ▼ 12.86% PCAR3 2.47 ▲ 1.65% GMAT3 3.81 ▼ 0.52% PSSA3 46.44 ▲ 1.73% CVCB3 0.86 ▼ 1.15% POSI3 3.04 ▲ 0.33% SLCE3 17.05 ▼ 1.45% NATU3 5.61 ▼ 1.75% BRKM5 2.95 ▼ 2.32% RANI3 8.38 ▼ 4.34% CSNA3 4.44 ▼ 1.11% IBOV 171,124.85 ▼ 0.65% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL 5.58 ▲ 1.38% USD/MXN 18.62 ▲ 0.46% USD/CLP 983.68 ▲ 1.70% USD/COP 3,300 ▲ 5.77% USD/PEN 3.41 ▲ 0.05% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.52% USD/PYG 6,196 ▲ 1.99% USD/BOB 11.68 ▲ 0.19% USD/DOP 60.46 ▲ 2.41% USD/CRC 445.62 ▲ 1.24% USD/GTQ 7.64 ▲ 2.97% USD/HNL 26.89 ▲ 3.05% USD/NIO 36.62 ▲ 2.53% USD/VES 897.02 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.36% USD/TTD 6.72 ▲ 2.10% EUR/BRL 6.23 ▲ 1.67% BRENT 91.50 ▼ 1.16% WTI 86.01 ▼ 0.97% IRON ORE 161.91 — — COPPER 6.26 ▼ 1.09% GOLD 4,040 ▼ 1.82% SILVER 51.41 ▼ 2.20% SOY 1,227 ▲ 3.76% CORN 448.00 ▲ 1.99% WHEAT 591.50 ▲ 0.60% COFFEE 266.75 ▼ 2.50% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 78.28 ▼ 0.63% COCOA 4,852 ▼ 3.04% BEEF 222.55 ▲ 2.94% CATTLE 326.68 ▼ 0.51% LITHIUM 59.89 ▼ 2.39% PETR4 45.06 ▼ 0.29% VALE3 65.04 ▼ 1.62% ITUB4 41.18 ▼ 1.29% BBDC4 14.39 ▼ 1.98% ABEV3 15.65 ▲ 0.26% BBAS3 16.89 ▼ 0.76% B3SA3 14.37 ▼ 3.23% WEGE3 51.16 ▲ 0.83% PRIO3 59.61 ▲ 0.37% SUZB3 54.72 ▲ 0.96% RENT3 29.95 ▼ 2.85% AZZA3 14.61 ▼ 3.37% CSAN3 2.69 ▼ 2.89% RAIZ4 24.40 ▼ 12.86% PCAR3 2.47 ▲ 1.65% GMAT3 3.81 ▼ 0.52% PSSA3 46.44 ▲ 1.73% CVCB3 0.86 ▼ 1.15% POSI3 3.04 ▲ 0.33% SLCE3 17.05 ▼ 1.45% NATU3 5.61 ▼ 1.75% BRKM5 2.95 ▼ 2.32% RANI3 8.38 ▼ 4.34% CSNA3 4.44 ▼ 1.11%
since 2009
Tuesday, November 10, 2026

Venezuela Latin America

Venezuela Opposition Lead Pledges Fair Vote

By · · 5 min read
Aerial view of Caracas from the Avila mountain, with the twin Parque Central towers and a valley of apartment blocks ringed by green hills
Caracas seen from the Ávila mountain, with the twin Parque Central towers and the valley ringed by hills. (Photo: Olga Berrios, CC BY 2.0, via Wikimedia Commons)

VENEZUELA · POLITICS

Dinorah Figuera, an opposition politician who presided over the opposition-held National Assembly elected in 2015, has promised Venezuelans “fair, shielded elections” as new talks with the government approach. She leads the opposition delegation in a US-backed dialogue whose fourth round was announced for 11 to 15 November 2026.

The United States backs the talks, and its Secretary of State, Marco Rubio, has set out a public timetable for the first steps. Our earlier report on Rubio’s timetable for a new Supreme Court gives the details.

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Key Facts

  • Prediction markets Polymarket, a real-money prediction market, shows 32.0% for an election scheduled by 31 March 2027 (10 November, 1:52 p.m. ET).
  • Who Dinorah Figuera, an opposition politician, leads the opposition team in talks with the government.
  • What The fourth round of dialogue was announced for 11 to 15 November 2026.
  • Why The United States backs the talks and wants a new court and electoral council first.
  • Open No election date exists; Figuera hopes for a vote around late 2027 or early 2028.

Venezuela’s opposition says it wants a vote that nobody can rig, but the date and the rules are still unsettled.

In Plain English

Chavista describes the governing movement in Venezuela. The TSJ is the Supreme Court, Venezuela’s highest court, and the CNE is the National Electoral Council, the body that runs and counts elections.

Blindadas is Spanish for shielded. In our reading, it means protected against fraud or tampering.

Who Sits at the Negotiating Table

Figuera heads the opposition delegation in talks with the leadership of Venezuela’s government, which is led by the chavista movement founded by the late President Hugo Chávez. Opposite her sits Jorge Rodríguez, president of the National Assembly, who leads the government delegation.

Delcy Rodríguez has led the government as acting president since January 2026, after the United States seized Nicolás Maduro, the former president. Figuera’s delegation negotiates with the government that Delcy Rodríguez leads.

The third round closed on Wednesday, 21 October 2026, with agreements on political guarantees and legal reforms. Jorge Rodríguez then announced the fourth round for 11 to 15 November 2026.

What Figuera Promised This Week

In a post on X on Monday, 9 November 2026, Figuera wrote that Venezuelans “tendremos elecciones justas, blindadas y democracia plena”. That translates as “we will have fair, shielded elections and full democracy.”

She also thanked the United States for backing the transition. She wrote it after Rubio’s remarks in Paris.

Figuera has said she hopes presidential elections take place around late 2027 or early 2028. She added that this can happen only with guarantees for a credible vote, and no date has been set.

Cars driving toward a road tunnel under a hillside covered in colourful homes in Caracas
Hillside homes above the El Paraíso tunnel on the Francisco Fajardo highway in Caracas. File photo: Wilfredor / Wikimedia Commons (CC0).
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The Roadmap Washington Describes

A senior US State Department official described a roadmap on Monday, 26 October 2026. The country would first renew the Supreme Court (the TSJ), then the National Electoral Council (the CNE), and then Delcy Rodríguez would declare the presidency vacant.

That declaration starts a six-month period to hold a presidential election. The United States expects it in 2027, while another opposition politician has urged that the new court’s magistrates be chosen lawfully.

Rubio said in Paris this week, at a meeting of G7 foreign ministers (the club of seven wealthy democracies), that new Supreme Court justices should be in office by mid-December if the timetable holds. He added that the new electoral council should follow shortly after.

María Corina Machado, the opposition leader and Nobel Peace Prize laureate, returned to Venezuela on Sunday, 25 October 2026, after almost ten months away. Her return came four days after the third round of talks closed.

What Prediction Markets Say

Polymarket, a prediction market where users trade real-money contracts, lists a market called “Venezuela presidential election scheduled by…?” with about US$678,000 traded across all its dates, but only about US$7,600 on the 31 March 2027 contract. On Tuesday, 10 November 2026, at 1:52 p.m. ET, it priced a 32.0% chance that an election is scheduled by 31 March 2027.

The same market priced 7.5% for a date set by 31 December 2026 (about US$171,000 traded) and 0.9% by 30 November 2026. A second market, “Next Venezuelan presidential election winner”, has about US$71,000 traded.

In that market, María Corina Machado stood at 68.5%, Delcy Rodríguez at 17.5% and Jorge Rodríguez at 5.3%. These prices are real-money bets, not polls, and we use Polymarket only for this article.

Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.

What It Means for You

For a reader in the United States, these talks matter because Washington backs them and its top diplomat has set a public timetable. The next markers are the fourth round of talks and the court appointments expected by mid-December, if the timetable holds.

What Is Not Known

No election date is set, and nobody yet knows who the new justices and electoral council members will be. It is also unclear how Venezuelans abroad, about 7 million according to Rubio, could vote.

The fourth round is announced to run until Sunday, 15 November 2026, and its results, which we follow on our Venezuela news hub, will show whether the roadmap holds. Rubio’s mid-December date for the new court is conditional on the timetable holding.

Frequently Asked Questions

Who is Dinorah Figuera?

Figuera is an opposition politician who presided over the opposition-held National Assembly elected in 2015. She now heads the opposition delegation in the US-backed dialogue with Venezuela’s government.

When is the next round of talks?

Jorge Rodríguez, president of the National Assembly, announced the fourth round for 11 to 15 November 2026. It was announced when the third round closed on Wednesday, 21 October.

What does “shielded elections” mean?

In Figuera’s Spanish post the word is “blindadas”, which means shielded. Our reading is that it means protected against fraud or tampering.

Is there an election date?

No. Figuera hopes presidential elections take place around late 2027 or early 2028, but only with guarantees for a credible vote.

Sources: statements by Secretary of State Marco Rubio and a senior US State Department official, Polymarket (polymarket.com), the dialogue delegations’ public statements, and Dinorah Figuera’s public post on X.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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