IBOV 176,564.75 ▲ 0.70% IPSA 10,880.04 ▼ 0.77% IPC MEX 67,183.26 ▲ 1.20% MERVAL 3,250,903 ▼ 1.65% COLCAP 2,291.28 ▲ 0.37% BVL PERÚ 57,237.60 — — USD/BRL5.12▲ 0.10% USD/MXN17.42▼ 0.15% USD/CLP930.20▼ 1.03% USD/COP3,207▼ 0.29% USD/PEN3.40▼ 0.01% USD/ARS1,499▲ 0.15% USD/UYU40.20▲ 1.42% USD/PYG6,020▲ 1.46% USD/BOB11.30▲ 3.36% USD/DOP57.82▲ 0.47% USD/CRC449.99▲ 1.60% USD/GTQ7.62▲ 2.22% USD/HNL26.76▲ 1.54% USD/NIO36.62▲ 0.69% USD/VES740.95▼ 0.05% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.27▲ 0.12% USD/TTD6.75▲ 1.25% EUR/BRL5.83▲ 0.84% BRENT 83.76 ▼ 5.21% WTI 79.13 ▼ 4.21% IRON ORE 161.91 — — COPPER 6.34 ▼ 0.05% GOLD 4,029 ▼ 1.12% SILVER 57.34 ▼ 1.94% SOY 1,220 ▲ 0.93% CORN 481.00 ▲ 6.47% WHEAT 664.75 ▲ 0.72% COFFEE 340.50 ▲ 4.91% SUGAR 14.56 ▼ 0.14% ORANGE JUICE 136.30 ▼ 3.64% COTTON 81.08 ▲ 2.19% COCOA 5,206 ▲ 2.08% BEEF 221.78 ▼ 1.53% CATTLE 336.85 ▼ 0.41% LITHIUM 66.96 ▼ 2.43% PETR4 41.21 ▲ 0.49% VALE3 75.69 — 0.00% ITUB4 42.86 ▲ 0.40% BBDC4 18.77 ▲ 0.32% ABEV3 16.10 ▲ 1.51% BBAS3 20.83 ▲ 1.61% B3SA3 16.00 ▲ 1.78% WEGE3 46.70 ▲ 0.65% PRIO3 56.77 ▲ 1.90% SUZB3 43.10 ▲ 2.94% RENT3 38.37 ▲ 1.72% AZZA3 17.15 ▲ 0.23% CSAN3 4.00 ▲ 1.27% RAIZ4 0.27 ▲ 3.85% PCAR3 2.74 — 0.00% GMAT3 3.92 ▲ 2.35% PSSA3 54.91 ▲ 1.14% CVCB3 1.32 ▼ 2.94% POSI3 3.60 ▲ 2.27% SLCE3 13.16 ▼ 1.64% NATU3 8.34 ▼ 1.77% BRKM5 5.96 ▼ 1.97% RANI3 8.13 ▲ 2.52% CSNA3 5.64 ▼ 1.23% CMIN3 5.96 ▲ 2.76% USIM5 8.69 ▲ 0.93% GGBR4 25.14 ▲ 2.70% ENEV3 25.85 ▲ 1.49% CPFE3 45.96 ▲ 2.70% CMIG4 11.19 ▲ 0.18% EQTL3 38.83 ▲ 0.08% LREN3 13.90 ▲ 1.24% VIVT3 33.83 ▼ 6.31% RAIL3 14.08 ▲ 2.03% KLABIN 18.04 ▲ 2.04% RAIA DROGASIL 18.20 ▲ 0.17% RDOR3 34.32 ▲ 2.14% HAPV3 10.60 ▲ 4.02% FLRY3 17.06 ▲ 3.21% SMTO3 14.30 ▼ 2.52% UGPA3 32.45 ▲ 1.12% VBBR3 35.13 ▲ 1.83% BBSE3 41.21 ▲ 1.65% BPAC11 55.84 ▲ 0.52% CURY3 30.10 ▼ 0.95% AERI3 2.09 ▲ 1.95% VIVARA 22.61 ▲ 2.73% COMPASS 25.22 ▼ 0.32% VAMOS 3.33 ▲ 5.05% SANB11 27.67 ▲ 1.13% ASAI3 8.24 ▲ 1.60% SBSP3 28.27 ▼ 2.08% WALMEX 48.74 ▲ 0.70% GMEXICO 209.28 ▼ 0.11% FEMSA 222.17 ▼ 3.83% CEMEX 20.99 ▼ 1.78% GFNORTE 199.12 ▲ 1.37% BIMBO 59.50 ▲ 0.66% TELEVISA 9.86 ▼ 0.20% AMX 22.48 ▲ 0.09% GAP 379.13 ▲ 0.93% ASUR 271.18 ▲ 0.97% OMA 235.27 ▲ 2.85% KOF 189.82 ▲ 0.07% GRUMA 268.00 ▼ 0.20% KIMBER 40.66 ▲ 1.90% SQM-B 62,500 ▼ 3.33% COPEC 6,300 ▲ 0.82% BSANTANDER 79.12 ▼ 2.04% FALABELLA 6,101 ▼ 0.88% ENELAM 85.80 ▼ 0.10% CENCOSUD 1,900 ▼ 0.78% CMPC 1,035 ▼ 0.43% BANCO CHILE 189.10 ▼ 2.15% LATAM AIR 25.00 ▲ 1.63% YPF 79,525 ▼ 2.09% GGAL 7,855 ▼ 1.32% PAMPA 5,450 ▼ 0.46% TXAR 674.00 — 0.00% ALUAR 988.00 ▲ 0.36% TGS 9,465 ▼ 2.52% CEPU 2,335 ▼ 2.01% MIRGOR 16,525 ▼ 1.78% COME 42.52 ▲ 0.14% LOMA NEGRA 3,645 ▼ 1.69% BYMA 302.75 — 0.00% TELECOM ARG 4,335 ▼ 3.45% ECOPETROL 15.83 ▲ 0.19% BANCOLOMBIA 89.07 ▲ 1.30% GRUPO AVAL 4.93 ▲ 2.28% CREDICORP 389.39 ▼ 0.41% SOUTHERN COPPER 178.96 ▼ 0.20% BUENAVENTURA 30.35 ▼ 4.32% MERCADOLIBRE 1,863 ▲ 2.35% NUBANK 14.68 ▲ 1.03% XP 16.80 ▲ 0.36% PAGSEGURO 9.61 ▲ 2.45% STONE 11.16 ▲ 2.48% GLOBANT 35.11 ▲ 7.57% TECNOGLASS 47.22 ▲ 4.05% GAP AIRPORT 217.50 ▲ 0.57% ASUR 271.18 ▲ 0.97% OMA AIRPORT 108.27 ▲ 3.31% AMX ADR 25.73 ▲ 0.10% FEMSA ADR 127.73 ▼ 3.34% CEMEX ADR 12.00 ▼ 1.64% PETROBRAS ADR 18.07 ▲ 0.39% VALE ADR 14.70 ▼ 0.54% ITAU ADR 8.31 ▼ 0.72% SANTANDER BR 5.48 ▲ 0.74% AMBEV ADR 3.13 ▲ 1.95% CSN 1.10 ▼ 1.79% GERDAU 4.93 ▲ 2.13% LATAM ADR 53.59 ▲ 2.44% BTC 63,858 ▲ 0.21% ETH 1,919 ▲ 1.50% SOL 73.97 ▼ 0.23% XRP 1.06 ▼ 0.17% BNB 570.87 ▲ 0.91% ADA 0.16 ▲ 2.68% DOGE 0.07 ▲ 0.51% AVAX 6.61 ▲ 3.34% LINK 8.38 ▲ 0.25% DOT 0.76 ▲ 0.74% LTC 46.42 ▲ 0.92% BCH 213.87 ▲ 1.02% TRX 0.32 ▼ 0.24% XLM 0.17 ▲ 0.96% HBAR 0.07 — 0.00% NEAR 1.65 ▼ 2.22% ATOM 1.31 ▲ 0.45% AAVE 101.09 ▲ 3.31% SELIC 14.25% EMBRAER 88.86 ▲ 2.26% EMBRAER ADR 69.09 ▲ 1.62% JBS 13.93 ▲ 2.80% JBS BDR 70.57 ▲ 1.94% MBRF3 16.30 ▲ 2.58% MBRFY 3.15 ▲ 10.14% INTER 5.59 ▲ 0.54% IBOV 176,564.75 ▲ 0.70% IPSA 10,880.04 ▼ 0.77% IPC MEX 67,183.26 ▲ 1.20% MERVAL 3,250,903 ▼ 1.65% COLCAP 2,291.28 ▲ 0.37% BVL PERÚ 57,237.60 — — USD/BRL 5.12 ▲ 0.06% USD/MXN 17.42 ▼ 0.15% USD/CLP 930.18 ▼ 1.03% USD/COP 3,207 ▼ 0.29% USD/PEN 3.40 ▼ 0.01% USD/ARS 1,499 ▲ 0.15% USD/UYU 40.20 ▲ 1.42% USD/PYG 6,020 ▲ 1.46% USD/BOB 11.30 ▲ 3.36% USD/DOP 57.82 ▲ 0.47% USD/CRC 449.99 ▲ 1.60% USD/GTQ 7.62 ▲ 2.22% USD/HNL 26.76 ▲ 1.54% USD/NIO 36.62 ▲ 0.69% USD/VES 740.95 ▼ 0.05% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.27 ▲ 0.40% USD/TTD 6.75 ▲ 1.31% EUR/BRL 5.83 ▲ 0.81% BRENT 83.76 ▼ 5.21% WTI 79.13 ▼ 4.21% IRON ORE 161.91 — — COPPER 6.34 ▼ 0.05% GOLD 4,029 ▼ 1.12% SILVER 57.34 ▼ 1.94% SOY 1,220 ▲ 0.93% CORN 481.00 ▲ 6.47% WHEAT 664.75 ▲ 0.72% COFFEE 340.50 ▲ 4.91% SUGAR 14.56 ▼ 0.14% ORANGE JUICE 136.30 ▼ 3.64% COTTON 81.08 ▲ 2.19% COCOA 5,206 ▲ 2.08% BEEF 221.78 ▼ 1.53% CATTLE 336.85 ▼ 0.41% LITHIUM 66.96 ▼ 2.43% PETR4 41.21 ▲ 0.49% VALE3 75.69 — 0.00% ITUB4 42.86 ▲ 0.40% BBDC4 18.77 ▲ 0.32% ABEV3 16.10 ▲ 1.51% BBAS3 20.83 ▲ 1.61% B3SA3 16.00 ▲ 1.78% WEGE3 46.70 ▲ 0.65% PRIO3 56.77 ▲ 1.90% SUZB3 43.10 ▲ 2.94% RENT3 38.37 ▲ 1.72% AZZA3 17.15 ▲ 0.23% CSAN3 4.00 ▲ 1.27% RAIZ4 0.27 ▲ 3.85% PCAR3 2.74 — 0.00% GMAT3 3.92 ▲ 2.35% PSSA3 54.91 ▲ 1.14% CVCB3 1.32 ▼ 2.94% POSI3 3.60 ▲ 2.27% SLCE3 13.16 ▼ 1.64% NATU3 8.34 ▼ 1.77% BRKM5 5.96 ▼ 1.97% RANI3 8.13 ▲ 2.52% CSNA3 5.64 ▼ 1.23% CMIN3 5.96 ▲ 2.76% USIM5 8.69 ▲ 0.93% GGBR4 25.14 ▲ 2.70% ENEV3 25.85 ▲ 1.49% CPFE3 45.96 ▲ 2.70% CMIG4 11.19 ▲ 0.18% EQTL3 38.83 ▲ 0.08% LREN3 13.90 ▲ 1.24% VIVT3 33.83 ▼ 6.31% RAIL3 14.08 ▲ 2.03% KLABIN 18.04 ▲ 2.04% RAIA DROGASIL 18.20 ▲ 0.17% RDOR3 34.32 ▲ 2.14% HAPV3 10.60 ▲ 4.02% FLRY3 17.06 ▲ 3.21% SMTO3 14.30 ▼ 2.52% UGPA3 32.45 ▲ 1.12% VBBR3 35.13 ▲ 1.83% BBSE3 41.21 ▲ 1.65% BPAC11 55.84 ▲ 0.52% CURY3 30.10 ▼ 0.95% AERI3 2.09 ▲ 1.95% VIVARA 22.61 ▲ 2.73% COMPASS 25.22 ▼ 0.32% VAMOS 3.33 ▲ 5.05% SANB11 27.67 ▲ 1.13% ASAI3 8.24 ▲ 1.60% SBSP3 28.27 ▼ 2.08% WALMEX 48.74 ▲ 0.70% GMEXICO 209.28 ▼ 0.11% FEMSA 222.17 ▼ 3.83% CEMEX 20.99 ▼ 1.78% GFNORTE 199.12 ▲ 1.37% BIMBO 59.50 ▲ 0.66% TELEVISA 9.86 ▼ 0.20% AMX 22.48 ▲ 0.09% GAP 379.13 ▲ 0.93% ASUR 271.18 ▲ 0.97% OMA 235.27 ▲ 2.85% KOF 189.82 ▲ 0.07% GRUMA 268.00 ▼ 0.20% KIMBER 40.66 ▲ 1.90% SQM-B 62,500 ▼ 3.33% COPEC 6,300 ▲ 0.82% BSANTANDER 79.12 ▼ 2.04% FALABELLA 6,101 ▼ 0.88% ENELAM 85.80 ▼ 0.10% CENCOSUD 1,900 ▼ 0.78% CMPC 1,035 ▼ 0.43% BANCO CHILE 189.10 ▼ 2.15% LATAM AIR 25.00 ▲ 1.63% YPF 79,525 ▼ 2.09% GGAL 7,855 ▼ 1.32% PAMPA 5,450 ▼ 0.46% TXAR 674.00 — 0.00% ALUAR 988.00 ▲ 0.36% TGS 9,465 ▼ 2.52% CEPU 2,335 ▼ 2.01% MIRGOR 16,525 ▼ 1.78% COME 42.52 ▲ 0.14% LOMA NEGRA 3,645 ▼ 1.69% BYMA 302.75 — 0.00% TELECOM ARG 4,335 ▼ 3.45% ECOPETROL 15.83 ▲ 0.19% BANCOLOMBIA 89.07 ▲ 1.30% GRUPO AVAL 4.93 ▲ 2.28% CREDICORP 389.39 ▼ 0.41% SOUTHERN COPPER 178.96 ▼ 0.20% BUENAVENTURA 30.35 ▼ 4.32% MERCADOLIBRE 1,863 ▲ 2.35% NUBANK 14.68 ▲ 1.03% XP 16.80 ▲ 0.36% PAGSEGURO 9.61 ▲ 2.45% STONE 11.16 ▲ 2.48% GLOBANT 35.11 ▲ 7.57% TECNOGLASS 47.22 ▲ 4.05% GAP AIRPORT 217.50 ▲ 0.57% ASUR 271.18 ▲ 0.97% OMA AIRPORT 108.27 ▲ 3.31% AMX ADR 25.73 ▲ 0.10% FEMSA ADR 127.73 ▼ 3.34% CEMEX ADR 12.00 ▼ 1.64% PETROBRAS ADR 18.07 ▲ 0.39% VALE ADR 14.70 ▼ 0.54% ITAU ADR 8.31 ▼ 0.72% SANTANDER BR 5.48 ▲ 0.74% AMBEV ADR 3.13 ▲ 1.95% CSN 1.10 ▼ 1.79% GERDAU 4.93 ▲ 2.13% LATAM ADR 53.59 ▲ 2.44% BTC 63,858 ▲ 0.21% ETH 1,919 ▲ 1.50% SOL 73.97 ▼ 0.23% XRP 1.06 ▼ 0.17% BNB 570.87 ▲ 0.91% ADA 0.16 ▲ 2.68% DOGE 0.07 ▲ 0.51% AVAX 6.61 ▲ 3.34% LINK 8.38 ▲ 0.25% DOT 0.76 ▲ 0.74% LTC 46.42 ▲ 0.92% BCH 213.87 ▲ 1.02% TRX 0.32 ▼ 0.24% XLM 0.17 ▲ 0.96% HBAR 0.07 — 0.00% NEAR 1.65 ▼ 2.22% ATOM 1.31 ▲ 0.45% AAVE 101.09 ▲ 3.31% SELIC 14.25% EMBRAER 88.86 ▲ 2.26% EMBRAER ADR 69.09 ▲ 1.62% JBS 13.93 ▲ 2.80% JBS BDR 70.57 ▲ 1.94% MBRF3 16.30 ▲ 2.58% MBRFY 3.15 ▲ 10.14% INTER 5.59 ▲ 0.54%
since 2009
Tuesday, July 28, 2026

Venezuela’s Election Update: August 1, 2 AM Brasilia Time

By · August 1, 2024 · 4 min read

Daily Brief

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After Nicolás Maduro’s controversial re-election, Venezuela faced chaos, protests, fraud claims, and international criticism.

This turmoil exacerbated existing political divisions, influencing a series of domestic and global reactions.

This detailed account captures the entirety of these events and the reactions that followed.

Latest Timeline

  • August 1: Until August 1 at 2 AM Brasilia time, more than 1000 opposition members were arrested. Reports indicate 25 deaths, though the figures remain inconclusive. These numbers are still unconfirmed.
  • August 1: Luis Almagro, Secretary-General of the Organization of American States (OEA)  aims to secure an arrest warrant against Nicolás Maduro, the President of Venezuela.
  • July 31: Defense Minister Vladimir Padrino accuses of an ongoing “coup” in Venezuela.
  • July 31: Repression of street protests grows in Venezuela; opposition holds 84% of the records.
  • July 31: Venezuela breaks diplomatic relations with Peru.
  • July 31: Panama’s Aeronautical Authority confirms suspension of flights to Venezuela.
  • July 31: Venezuelan Armed Forces begin conspicuous patrolling in the streets.
  • July 31: Independent Vote Count Confirms Opposition’s Triumph in Venezuela – The data from AltaVista, an independent Venezuelan NGO, corroborates these claims.
  • July 31: Petro breaks silence on Venezuela. He calls for the release of election records. Colombia plays a crucial role in mediating the crisis in Venezuela. It has received the most Venezuelans fleeing Nicolás Maduro’s regime.
  • July 31: The Carter Center concludes that Venezuela’s presidential elections “cannot be considered democratic.”
  • July 31: Repression of protests in Venezuela leaves 16 dead in 48 hours: María Corina Machado.
  • July 31: Elon Musk accepts Maduro’s invitation to fight on television: “He will back down.”
  • July 31: Venezuelan prosecutor reports over a thousand detainees following post-electoral violence.
  • July 31: Maduro seeks 30 years of imprisonment for Machado and González for “destabilizing his government.”
Venezuela's Election Update: July 30, 6 PM Brasilia Time - Caracas. (Photo Internet reproduction)
Venezuela’s Election Update: August 1, 2 AM Brasilia Time – Caracas. (Photo Internet reproduction)
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Timeline and Analysis before July 31

Electoral Outcome and Immediate Reactions

  • July 28, 2024: The Electoral Council (CNE), under government control, prematurely declares Nicolás Maduro wins the presidential election with 51.21% of the votes against opposition candidate Edmundo González, who received 44%.
  • July 30: The Venezuelan Parliament, with a government majority, recognizes Maduro’s reelection.
  • July 30: The Venezuelan Armed Forces reaffirm their loyalty to Maduro.
  • Controversy 1: The opposition, led by María Corina Machado, claims electoral fraud, alleging that independent counts showed González as the true winner with substantial evidence from electoral records.
  • Controversy 2: Jorge Rodríguez, a prominent member of the Venezuelan government and deputy in the National Assembly, called for the imprisonment of opposition leaders María Corina Machado and Edmundo González Urrutia.

Public Protests and Fatalities

  • July 29: Protests erupt across Venezuela, particularly in Caracas. Seven fatalities are reported amid the unrest, with protesters toppling statues of Hugo Chávez and clashing with security forces.
  • July 30: Foro Penal reports at least 749 detentions nationwide, underscoring a crackdown on protest activities.

International and Institutional Responses

  • Diplomatic Expulsions: In response to international criticism, Venezuela expels diplomats from Argentina, Chile, Costa Rica, Peru, Panama, the Dominican Republic, and Uruguay for questioning the legitimacy of the election results.
  • Organization of American States (OAS): Declares the inability to recognize the election results as legitimate, citing lack of transparency and planning an emergency meeting to discuss the situation.
  • July 30: The U.S. National Security Council called for Venezuela to release full, transparent election results.
  • July 30: Peru recognizes Edmundo González as the elected president in Venezuela, says foreign minister.
  • July 30: Cuba declares those who do not recognize the electoral results of Venezuela as “enemies.”

Domestic Responses and Violence

  • Security Measures: Venezuelan security forces reportedly use tear gas and rubber bullets to disperse protesters. The actions are concentrated even in poorer areas of Caracas, which historically supported the Maduro government.
  • Opposition’s Claims: Opposition figures assert that they have access to 40% of electoral records, which contradict the official results proclaimed by the CNE.

Political Stances in Brazil

  • President Lula’s stance: Luís Inácio Lula da Silva says that Venezuela needs to show the voting records to “resolve the dispute.”
  • Lula’s Workers’ Party (PT) and Communist Party of Brazil (PCdoB): Both parties recognize Maduro’s victory, calling the electoral process democratic and urging continued dialogue to address Venezuela’s issues, attributing problems largely to external sanctions.
  • Brazilian Opposition’s Critique: Criticizes PT’s support for Maduro, labeling it as an endorsement of fraudulent practices and an affront to democratic principles.

Safety and Security Advisories

  • Brazil’s Warning: Brazil’s Ministry of Foreign Affairs issues a travel advisory for Brazilians in Venezuela, urging caution and avoidance of large gatherings.

Broader Political and Social Implications

  • Economic and Social Decline: Under Maduro’s presidency, Venezuela has experienced significant economic turmoil, mass migration, and strained international relations, particularly with Western nations imposing sanctions.
  • Defense Ministry’s Warning: References past protests (2014, 2017, 2019) that resulted in violence and deaths, hinting at the potential for repeated scenarios.

Conclusion

The events following Maduro’s re-election illustrate the deep divisions and crises within Venezuela.

With allegations of electoral misconduct, widespread protests, and significant international scrutiny, the situation remains volatile.

Global, regional, and local Venezuelan dynamics will influence the country’s stability and democracy.

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