The election was boycotted by key political parties on grounds they’d be neither free nor fair.

Venezuela’s President Nicolas Nicolás claimed Monday his political alliance had won “a great victory” in the country’s congressional elections that were boycotted by key political parties on grounds they’d be neither free nor fair, per AP.
Why it matters: It means that he’s regained control of the National Assembly. Juan Guaidó is recognized by over 50 countries as Venezuelas interim president, but it was his role as assembly president that put him in the line of succession, per Axios’ Dave Lawler. That mandate is set to expire Jan. 5.