IBOV 168,498.45 ▲ 1.39% IPC MEX 71,393.57 ▲ 0.43% MERVAL 2,848,945 — — USD/BRL5.51▼ 0.01% USD/MXN18.61▲ 0.01% USD/CLP 975.74 — 0.00% USD/COP 3,240 — 0.00% USD/PEN3.44▼ 0.01% USD/ARS 1,545 — 0.00% USD/UYU40.31▲ 3.23% USD/PYG6,358▲ 6.40% USD/BOB11.81▲ 0.77% USD/DOP60.59▲ 4.05% USD/CRC448.27▲ 2.01% USD/GTQ7.64▲ 3.17% USD/HNL26.88▲ 3.19% USD/NIO 36.62 — 0.00% USD/VES895.29▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.99▲ 2.78% USD/TTD6.72▲ 2.44% EUR/BRL6.13▲ 0.07% BRENT 98.32 ▲ 0.03% WTI 90.83 ▲ 0.34% IRON ORE 161.91 — — COPPER 6.24 ▼ 0.18% GOLD 4,075 ▼ 0.94% SILVER 51.94 ▼ 0.56% SOY 1,194 ▲ 1.08% CORN 441.50 ▲ 0.34% WHEAT 591.25 ▼ 1.34% COFFEE 280.15 ▲ 1.08% SUGAR 18.25 ▼ 1.67% ORANGE JUICE 130.55 ▲ 1.63% COTTON 78.54 ▼ 0.22% COCOA 5,119 ▼ 1.20% BEEF 214.05 ▼ 0.16% CATTLE 318.38 ▼ 2.05% LITHIUM 60.91 ▲ 1.21% PETR4 45.36 — 0.00% VALE3 64.04 — 0.00% ITUB4 40.53 — 0.00% BBDC4 14.20 — 0.00% ABEV3 15.48 — 0.00% BBAS3 17.13 — 0.00% B3SA3 14.39 — 0.00% WEGE3 48.19 — 0.00% PRIO3 60.48 — 0.00% SUZB3 53.40 ▲ 2.12% RENT3 30.29 — 0.00% AZZA3 14.76 ▲ 4.98% CSAN3 2.77 — 0.00% RAIZ4 28.00 ▲ 2.56% PCAR3 2.40 ▲ 0.42% GMAT3 3.80 — 0.00% PSSA3 44.35 ▲ 1.46% CVCB3 0.84 ▲ 2.44% POSI3 3.09 ▼ 0.64% SLCE3 16.61 ▲ 1.59% NATU3 5.17 — 0.00% BRKM5 3.20 — 0.00% RANI3 8.53 ▲ 0.83% CSNA3 4.41 — 0.00% IBOV 168,498.45 ▲ 1.39% IPC MEX 71,393.57 ▲ 0.43% MERVAL 2,848,945 — — USD/BRL 5.51 ▼ 0.01% USD/MXN 18.61 ▲ 0.01% USD/CLP 975.74 — 0.00% USD/COP 3,240 — 0.00% USD/PEN 3.44 ▼ 0.01% USD/ARS 1,545 — 0.00% USD/UYU 40.31 ▲ 3.23% USD/PYG 6,358 ▲ 6.40% USD/BOB 11.81 ▲ 0.77% USD/DOP 60.59 ▲ 4.05% USD/CRC 448.27 ▲ 2.01% USD/GTQ 7.64 ▲ 3.17% USD/HNL 26.88 ▲ 3.19% USD/NIO 36.62 — 0.00% USD/VES 895.29 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.99 ▲ 2.78% USD/TTD 6.72 ▲ 2.44% EUR/BRL 6.13 ▲ 0.07% BRENT 98.32 ▲ 0.03% WTI 90.83 ▲ 0.34% IRON ORE 161.91 — — COPPER 6.24 ▼ 0.18% GOLD 4,075 ▼ 0.94% SILVER 51.94 ▼ 0.56% SOY 1,194 ▲ 1.08% CORN 441.50 ▲ 0.34% WHEAT 591.25 ▼ 1.34% COFFEE 280.15 ▲ 1.08% SUGAR 18.25 ▼ 1.67% ORANGE JUICE 130.55 ▲ 1.63% COTTON 78.54 ▼ 0.22% COCOA 5,119 ▼ 1.20% BEEF 214.05 ▼ 0.16% CATTLE 318.38 ▼ 2.05% LITHIUM 60.91 ▲ 1.21% PETR4 45.36 — 0.00% VALE3 64.04 — 0.00% ITUB4 40.53 — 0.00% BBDC4 14.20 — 0.00% ABEV3 15.48 — 0.00% BBAS3 17.13 — 0.00% B3SA3 14.39 — 0.00% WEGE3 48.19 — 0.00% PRIO3 60.48 — 0.00% SUZB3 53.40 ▲ 2.12% RENT3 30.29 — 0.00% AZZA3 14.76 ▲ 4.98% CSAN3 2.77 — 0.00% RAIZ4 28.00 ▲ 2.56% PCAR3 2.40 ▲ 0.42% GMAT3 3.80 — 0.00% PSSA3 44.35 ▲ 1.46% CVCB3 0.84 ▲ 2.44% POSI3 3.09 ▼ 0.64% SLCE3 16.61 ▲ 1.59% NATU3 5.17 — 0.00% BRKM5 3.20 — 0.00% RANI3 8.53 ▲ 0.83% CSNA3 4.41 — 0.00%
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Sunday, November 8, 2026

Maduro’s Self-Proclamation as President and Its Initial Repercussions

By · · 3 min read

In latest developments, María Corina Machado, leading the Venezuelan opposition, has also proclaimed their victory, attributing their claims to alleged fraud in Maduro’s re-election.

Machado asserts that opposition candidate Edmundo González won over Maduro, backed by voting records.

Specifically, she stated, “We have 73.20% of the voting records, indicating Edmundo González as our elected president.”

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According to her, the counts were González at 6,275,180 votes and Maduro at 2,759,256.

Moreover, González reiterated these assertions, highlighting the incontrovertible nature of their victory and its historic significance.

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He advocated for a nonviolent reaction to the alleged fraud, emphasizing, “The premature announcement of unaudited results breaches the electoral process.”

Maduro's Self-Proclamation as President and Its Initial Repercussions.
Maduro’s Self-Proclamation as President and Its Initial Repercussions.
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Despite this, the National Electoral Council (CNE), under government control, certified Maduro as the winner, attributing to him 51.2% of the vote against 44% for González.

The remaining candidates garnered 4.6%, with a voter turnout of 59%. Maduro declared his presidency less than 24 hours post-polls, contravening a prior pledge to release the voting records.

Significantly, the Carter Center, acting as an international observer, stressed the necessity of disclosing the voting records to validate election transparency.

Although they urged this transparency, Maduro, along with CNE President Elvis Amoroso, assumed the presidency.

Internationally, Brazil, led by special foreign policy advisor Celso Amorim, is withholding judgment pending official results from the CNE.

Brazil stresses the importance of transparency but remains neutral regarding any fraud narrative.

Amorim pointed out the situation’s complexity and Brazil’s commitment to aiding Venezuela’s political normalization.

Meanwhile, Peru responded to the controversial election by expelling Venezuelan diplomats, citing the regime’s arbitrary actions.

Hosting numerous Venezuelan migrants, Peru recalled its ambassador and is liaising with other Latin American nations concerning the election’s legitimacy.

Maduro’s Self-Proclamation as President and Its Initial Repercussions

Foreign Minister Javier Gonzalez-Olaoechea indicated that Peru might cut diplomatic ties with Venezuela.

Additionally, Panama recalled its diplomatic staff from Venezuela, demanding a thorough audit of the voting records and the electoral system.

The Dominican Republic also expressed their doubts clearly, voicing concerns over the election’s legitimacy.

In retaliation, Venezuela suspended this morning air connections with Panama and the Dominican Republic.

Additionially, the Venezuelan government demanded Argentina, Chile, Costa Rica, Peru, Panama, the Dominican Republic, and Uruguay withdraw their diplomats.

Protests

Expectedly, both opposition and ruling party supporters are poised to protest the results.

María Corina Machado has urged peaceful demonstrations, while ruling party lawmaker Jorge Rodriguez called for government supporters to march to the presidential palace.

Already, the country is witnessing clashes, with reports of violence and repression by security forces and paramilitary groups.

This contested election underscores Venezuela’s profound political rifts and the ongoing battle for democratic governance.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. How we use AI · Report an error

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Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

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