Venezuela Turmoil Puts Billions of Dollars in Foreign Investment in Jeopardy

Moscow slams U.S. support for Venezuelan opposition leader as president

MOSCOW—Russia and China pushed back against the U.S. recognition of Venezuela’s opposition leader as president and warned against further inflaming the political crisis in the Latin American country, which relies on billions of dollars in investments from the two countries.

Russian President Vladimir Putin expressed support to President Nicolás Maduro in a telephone call in which he said he favored peaceful dialogue to resolve the crisis, the Kremlin said Thursday.