Venezuela transition talks to start this week

Jorge Rodriguez speaks during a parliamentary session in Caracas. (AFP Photo)

Political transition talks in Venezuela will begin in person next week in Caracas, the government and the opposition announced on Aug. 1, the day when negotiations in the troubled South American country were expected to start.

Venezuela, a country that has the world’s largest proven oil reserves but an economy in shambles, has been in a state of even bigger flux since U.S. forces deposed president Nicolas Maduro in January.

Interim leader Delcy Rodriguez, who formerly served as Maduro’s vice president, has been governing under Washington’s watchful eye since then.