Nicolas Maduro has been sworn in for this third term as president of Venezuela, with most Latin American nations and the U.S. deeming his victory illegitimate.
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00:00Venezuelan President Nicolás Maduro has been sworn in for a third term, but local opposition
00:06and many in the international community are calling it an illegitimate power grab. Maduro
00:11appeared before supporters outside the presidential palace in Caracas to celebrate his inauguration.
00:18He mocked exiled opposition leader González Urrutia, who is recognized by most Latin American
00:25nations and the U.S. as the legitimate winner of last year's elections. Maduro has held
00:30the presidential office since 2013, though an ongoing economic crisis has caused his
00:36popularity to plummet. The U.S. is offering a $25 million bounty for his arrest.