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Venezuela has a presidential government. The Economist Intelligence Unit rated Venezuela an "authoritarian regime" in 2020, having the lowest score among countries in the Americas. More than 75 percent of Venezuelans are now living in extreme poverty, according to a new study published on Wednesday, Reuters reported. More than 50 countries recognised Mr Guaidó, but the Venezuelan military, a key player in the country, has remained loyal to Mr Maduro. Mr Maduro has remained in the presidential palace and in charge of the country. The US, which has sided with Mr Guaidó, has imposed sanctions on Mr Maduro, his inner circle and Venezuela's oil industry, making it hard to get fuel and foreign currency.
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