Inside the Thwarted Venezuelan Military Coup

(Bloomberg) --

Code-named Operation Constitution, the goal was straightforward and seismic — to capture Venezuelan President Nicolás Maduro and put him on trial.

The failed coup attempt — involving dozens of officers from across all four branches of his military — was timed to thwart Maduro's re-election on May 20 in a poll that was widely condemned as fraudulent.

Some 30 officers were arrested, some of them accused of treason, after the plot was discovered, Bloomberg exclusively reports, with a military tribunal document alleging the U.S. and Colombia of providing financial backing for the attempted overthrow. Those interrogated by the tribunal deny this but say some U.S. and Colombian officials were aware of what was happening.

Maduro maintains his grip on power. He’s worked hard to keep top military brass in his corner with lucrative jobs and contracts. The military has even come to oversee the desperate water trade amid empty reservoirs, broken pipes and a lack of personnel.

Once one of Latin America's richest countries, Venezuela’s descent into dysfunction and poverty shows no signs of reversing course.

Inside the Thwarted Venezuelan Military Coup

Global Headlines

High court opening | Justice Anthony Kennedy’s retirement from the U.S. Supreme Court puts conservatives in striking distance of one of their most cherished goals: overturning the landmark Roe v. Wade abortion-rights ruling. The vacancy also gives Donald Trump an opportunity to harden his backing among Republicans amid discontent over his border policy and other strains on his presidency. Click here for more on potential replacements.

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What to Watch

  • European Union leaders gather in Brussels today to tackle a growing number of challenges, from refugee routes and trans-Atlantic ties to Brexit and banks.

And finally… The Harley Davidson motorcycle may be as American as apple pie, but that hasn't insulated the iconic brand from Trump’s inaccurate Twitter tirades. He wrote Harley “should stay 100% in America,” after the company announced plans to shift production to avoid retaliatory tariffs. The problem? While Harley makes a majority of its motorcycles in the U.S., it’s had several overseas manufacturing sites for years. The president today plans to attend the groundbreaking for a Taiwanese electronics company's plant located just 30 miles from Harley’s headquarters.

Inside the Thwarted Venezuelan Military Coup

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