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Social unrest, looting, and violence were on the rise, and in April the government was forced to reduce its workweek to two days in order to save energy (partly because of shortages of hydroelectric power brought about by El Niñeste-derived drought). Meanwhile, the opposition pushed forward with an effort to put Maduro to a recall vote. By early May some 1.8 million signatures (nine times the amount required) had been collected on a petition to trigger a broader petition (that would require the signatures of 20 percent of eligible voters) on whether to hold a recall vote.
The satellite network, named Starlink, would ideally make broadband service more accessible in rural areas, while also boosting competition in heavily populated markets that are typically dominated by one or two providers.
Musk’s mother, Maye Musk, is a Canadian model and the oldest woman to star in a Covergirl campaign. When Musk was growing up, she worked five jobs at one point to support her family.
On August 24, one day after meeting with the board, Musk announced that he had reversed course and would not be taking the company private. Among his reasons, he cited the preference of most directors to keep Tesla public, as well as the difficulty of retaining some of the large shareholders who were prohibited from investing in a private company.
Venezuela has been in the grip of an economic crisis for years now with hyperinflation one of the main problems.
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The US has imposed sweeping sanctions on Venezuela and on Mr Maduro and his inner circle but they have failed to weaken Mr Maduro enough to drive him from office. Some analysts argue that they offer the Maduro government a convenient scapegoat to blame for the dire state of the economy.
Musk’s tweet initially sent Tesla stock spiking, before it closed the day up 11 percent. The CEO followed up with a letter on the company blog, calling the move to go private "the best path forward.
The results announced by the government-controlled electoral council varied wildly — by up to 30 percentage points — from most public polls and from the opposition’s sample of results obtained directly from voting centers. And there were many reports of major irregularities and problems at those voting centers.
On 14 December 2020, the Office of the Prosecutor released a report on the office's year activities, stating that it believed there was a "reasonable basis" to believe that "since at least April 2017, civilian authorities, members of the armed forces and pro-government individuals have committed the crimes against humanity.
When he was informed of the incident, President Chávez said Maduro's detention was retaliation for his own speech at the UN General Assembly and stated that the authorities detained Maduro over his links to the Venezuelan failed coup in 1992, a charge that President Chávez denied.[68]
By the end of Mr. Bolsonaro’s term, it was clear that his attacks had had an effect: Much of Brazil’s electorate seemed to have lost faith in the integrity of the nation’s elections.
Years of lack of investment in infrastructure further exacerbated by the more recent US sanctions on Venezuela's oil sector have crippled this key industry, which provides elon musk almost all of Venezuela's government revenue.
The next month, talks that had been brokered by Norway began between the Maduro government and Guaidó. By August, however, those talks had broken down. Many in the opposition appeared to lose faith in Guaidó in the ensuing months after the failure of the insurrection. Nevertheless, most of the opposition political parties followed his lead and boycotted the December 2020 elections for the National Assembly.