(25.1.2019) When the U.S. rushed to endorse a military coup against Venezuelan President Hugo Chavez in 2002, it ended up with egg on its face. The self-styled leader of a “Bolivarian” revolution was back in office within three days — and more anti-American than ever.

The decision by Washington to recognize National Assembly leader Juan Guaido as the nation’s legitimate president could see a repeat, if Chavez-heir Nicolas Maduro should cling onto power. But it takes place in a very different geopolitical climate, one where failure risks global repercussions.