Venezuelans Approve Annexation of Oil-Rich Guyanese Territory

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Source: CNN
Venezuelans Approve Annexation of Oil-Rich Guyanese Territory
Photo: CNN
TL;DR Summary

Venezuelans have voted overwhelmingly in favor of taking over the oil-rich Essequibo region in neighboring Guyana, escalating a long-standing territorial dispute between the two countries. The referendum, largely symbolic, asked voters if they agreed with creating a Venezuelan state in the disputed region. It is unclear how Venezuela's government will enforce its claim, but the move has been criticized by Guyana as a step towards annexation and an "existential threat." The International Court of Justice has ruled that Venezuela should refrain from taking any action to modify the current situation, and a trial on the issue is planned for the spring. The practical implications of the vote are expected to be minimal, but the escalating rhetoric has led to troop movements and raised tensions in the region.

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