Venezuelan President Nicolas Maduro will begin his second mandate on Thursday plagued by accusations of illegitimacy and increasing international isolation in a country crippled by an economic crisis.
The 56-year-old leader will be sworn in by the Supreme Court rather than the sidelined -- and opposition controlled -- parliament having been reelected in May in a poll boycotted by the majority of the opposition and dismissed as a fraud by the United States, European Union and Organisation of American States.
The EU even reiterated on Tuesday its call for new and "free" elections.
With the exception of Mexico, the Lima Group -- made up of 14 mostly Latin American countries -- has urged Maduro to renounce his second term and deliver power to parliament, a demand Caracas blasted as incitement to stage a coup d'etat.
Maduro's second term coincides with the assumption of power in Brazil of one of his greatest detractors, ultra-conservative Jair Bolsonaro who, backed by US President Donald Trump, is looking to form a regional coalition against the "dictatorship."
Increasingly shunned by its neighbours -- the OAS plans to hold an extraordinary session Thursday to discuss Venezuela -- Caracas has reached out ever more to its few remaining international allies: Russia, China, Iran, Turkey and North Korea.
"Those who refuse to recognise the legitimacy of Venezuela's institutions will be given a reciprocal and opportune response, we'll act very firmly," said Maduro, who has the support of the military and the controversial Constitutional Assembly that he created last year to bypass parliament.
The former bus driver says he feels stronger and more legitimate than ever, but many blame him for Venezuela's economic woes that have left much of the population living in poverty with shortages of basic necessities such as food and medicine.
The International Monetary Fund predicts that Venezuela's economy will shrink by five per cent next year with inflation -- which reached 1.35 million percent in 2018 -- hitting a staggering 10 million per cent.
The country has been hard hit by a dramatic drop in oil production -- upon which it is almost entirely dependent -- in the last decade from 3.2 million barrels a day to just 1.13 million.
He's not alone. The United Nations says 2.3 million people have left the country since 2015 in one of the biggest ever migration movements in the region.
It predicts that number will reach 5.3 million by the end of this year. Maduro's answer has been to plead with his allies to invest in the country's crude, gold, diamond and coltan resources.
He also insists that production will increase by one million barrels a day in 2019.
But while the opposition has tried every means to dislodge Maduro, it remains fractured and protests left 200 people dead while a request for a referendum was rejected.
Maduro, meanwhile, retains control of both the military and political institutions.
Many prominent opposition figures are either in jail or exile and various factions within continue to squabble over power while the National Assembly, the one institution it controls, has been left impotent after Maduro created the rival Constituent Assembly and filled the Supreme Court with loyalists who annul every decision made by parliament.
It hasn't given up, though, and on Saturday declared itself the only legitimate institution.
The National Assembly announced it would instill a "transitional government" ahead of new elections, although didn't divulge how it would hold those.
"Nothing will come out of parliament that could have the faintest impact on the policies, practices or members of government (because) they have neither power nor authority," said Peter Hakim, from the Inter-American Dialogue, a US-based think tank.
"No authoritarian and repressive government falls just because its opponents -- weak and disorganised -- demand it."
What's more, Maduro's supporters are organised, and armed. On Monday, a group of armed balaclava-clad loyalists vowed to defend the socialist leader with blood and fire.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)