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Venezuelan President Nicolás Maduro at his inauguration ceremony on Jan. 10. Photo: Yuri Cortez/AFP via Getty Images

The worst may not be over for embattled Venezuelan leader Nicolás Maduro, who on Thursday was sworn into office by his rubber-stamp Supreme Court. His new term was secured through a sham electoral process and rejected by a large portion of the international community, his political opposition, and significant segments of the government’s chavista political movement.

The big picture: In a sign of Maduro’s further isolation from Western democratic powers, Latin American governments are rolling out financial-crime and diplomatic sanctions that target the regime hierarchy, joining Canada, the EU, and the U.S. But even this more multilateral pressure has not yet thrown Maduro completely off balance.

Background: Maduro deepened a crisis created by his predecessor, the Chavista movement’s founding father Hugo Chávez, and his authoritarian rule has been defined by volatility. Former Chávez government ministers have publicly questioned Maduro’s ability to pull Venezuela out of the crisis, and the expanding chorus of critics has raised questions about whether discontent with record-level hyperinflation and deepening social misery could lead to a palace coup scenario.

The inaugural ceremony also drew low levels of attendance from foreign governments. Colombia, Ecuador, Portugal, and Spain, which maintained working relations with Caracas during the preceding government, chose not to send representation. Maduro’s left-wing allies still participated, while his key commercial partners China, Russia, and Turkey sent second-tier delegations.

What to watch: Trump may be reluctant to get embroiled in Venezuela’s crisis, but his administration’s commitment to righting the regional balance of power in Washington’s favor might spur him to search for opportunities to initiate regime change in Venezuela.

Michael McCarthy is a research fellow at American University’s CLALS, an adjunct professor at George Washington University's Elliott School for International Affairs, and the founder and CEO of Caracas Wire.

Go deeper

Updated 32 mins ago - Politics & Policy

Inauguration Day dashboard

U.S. Capitol and stage are lit at sunrise ahead of the inauguration of Joe Biden. Photo: Patrick Semansky - Pool/Getty Images

President Biden has delivered his inaugural address at the Capitol, calling for an end to the politics as total war but warning that "we have far to go" to heal the country.

What's next: Biden, Harris and nearly all the living former presidents and their spouses lay a wreath at Arlington National Cemetery.

Inaugural address: Biden vows to be "a president for all Americans"

Moments after taking the oath of office, President Biden sought to soothe a nation riven by political divisions and a global pandemic, while warning that "we have far to go" to heal the country and defeat a "virus that silently stalks the the country."

Why it matters: From the same steps that a pro-Trump mob launched an assault on Congress two weeks earlier, the new president paid deference to the endurance of American political institutions.

Updated 3 hours ago - Politics & Policy

In photos: The Biden and Harris inauguration

Joe Biden is sworn in as the 46th president of the United States. Photo: Alex Wong/Getty Images

Joe Biden and Kamala Harris were inaugurated as president and vice president respectively in a ceremony at the U.S. Capitol on Wednesday morning.

Why it matters: Top Democrats and Republicans gathered for the peaceful transfer of power only two weeks after an unprecedented siege on the building by Trump supporters to disrupt certification of Biden's victory. Trump did not attend Wednesday's ceremony.

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