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What happened to the helicopter attack on the Venezuelan High Court?

It is reported that a Venezuelan helicopter tried to bomb the country's Supreme Court. After the incident, the Venezuelan President mentioned a "terrorist attack".

It is reported that the helicopter threw a grenade at the Supreme Court in Caracas, the capital of Villarreal, but the bomb did not explode.

Venezuelan President Maduro said in a televised speech that he was looking for "terrorists" behind the attack.

Venezuelan President Maduro made a televised speech calling it a "terrorist attack"

Recent situation in Venezuela

Deeply mired in political crisis and civil strife

According to the political risk analysis report released by BMIResearch, a subsidiary of Fitch Ratings, one of the three famous credit rating companies, local polls in Venezuela show that 95% of the people surveyed think the country is in a bad state, and 8% of them consider themselves the support core of the ruling party.

In the eyes of opponents, Maduro's government has become increasingly authoritarian. The real economic data of Venezuela may be worse than the published data.

The Venezuelan opposition is sparing no effort to petition everywhere. Since the end of March this year, the opposition party in Venezuela has launched sustained anti-government demonstrations throughout the country, resulting in 53 deaths, nearly 1, injuries and thousands of arrests.

On May 23rd, Lucena, chairman of Venezuelan National Election Commission, announced that the election of the Constituent Assembly will be held at the end of July this year, and 54 members of the Constituent Assembly will be elected to re-enact the national constitution.

However, the Venezuelan opposition Coalition claimed that this was a "scam" put forward by Maduro, an excuse for the government to avoid holding local elections in the second half of this year, and asked opposition supporters to continue to occupy the streets to protest.

how bad is Venezuela's economy?

Look at two figures, GDP has shrunk by 18%, and the inflation index has exceeded 7%.

There is another data that is even more heartbreaking: due to the interruption of food and medicine supply, Venezuelan nationals are malnourished, and since the outbreak of the economic crisis, each national has lost an average of 8.7 kilograms.

With the economic collapse, Venezuela's financial market has also collapsed, and the black market in the foreign exchange market is rampant, and no one cares about its own currency and bonds. In the four years since President Maduro came to power, Venezuela's Bolivarian currency has depreciated by as much as 99.5%. In the current black market, only 5,1 bolivars can be exchanged for one dollar.

The sharp devaluation of the currency wiped out the savings of Venezuelan residents, and buying imported goods became a dream. Some media pointed out that most Venezuelans can't even buy toilet paper in shops now. "At present, even some thieves won't steal Venezuelan banknotes."

Goldman Sachs gambled $865 million on the chaos in Venezuela

The asset management department of Goldman Sachs bought Venezuelan oil bonds worth $2.8 billion at a price of 3% off the face value, that is, the amount invested by Goldman Sachs was about $865 million.

this batch of bonds issued in 214 will expire in 222. This bond was previously held by the Central Bank of Venezuela, and President Maduro and his government are rushing to raise funds to cope with the expansion of domestic civil strife. Goldman Sachs is gradually increasing its assets in Venezuela, and it is betting that the value of its debt may more than double once the Venezuelan regime changes.