Opposition leaders branded Venezuela`s socialist President Nicolas Maduro a "dictator" on Thursday after the Supreme Court took over the functions of Congress and pushed a lengthy political standoff to new heights.
Then late on Wednesday, it explicitly stated it was assuming Congress` role in a ruling authorizing Maduro to create oil joint ventures without the previously mandated congressional approval.
Venezuela`s top court had already overturned most National Assembly decisions since the opposition win.
The head of the 34-nation Organization of International States (OAS), Luis Almagro, said the Venezuelan court had dealt the final blows to democracy and accused Maduro`s "regime" of carrying out a "coup.
"Brazil, Argentina, Mexico, Colombia, Chile, Guatemala and Panama expressed strong concerns while Peru withdrew its envoy after what it termed a rupture of democracy.
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