Venezuela holds landmark vote as it seeks to end crisis

Sábado, 14 Oct, 2017

Polls predict that Venezuela's opposition is likely to win most of the 23 governorships up for grabs in Sunday's election. Both men fled to the US after being sentenced to 15 months imprisonment in August for their failure to reign in violent anti-government protests in their municipalities. The Venezuelan government is under pressure to meet debt commitments including more than $2 billion in bond payments by November 2, while Russia is in talks on restructuring bilateral loans. Miranda is only one of the three states it controls, together with Amazonas and Lara.

He said governors-elect chosen in Sunday's vote would have to be "sworn-in and subordinate themselves" to the Assembly, on pain of dismissal. People are crossing the border into Colombia. Mr. Maduro has already pawned off swathes of Venezuela's future through his bond fire sales, leaving only its oil wealth to bargain with.A $1.5 billion loan from Russia's state-owned oil giant Rosneft at the end of last year resulted in Venezuela forfeiting 49.9% of Citgo, a US-based unit of PDVSA, as collateral.

"I immediately went looking for a representative of Mr. Nicolás Maduro, a man named Américo Mata, a Venezuelan who I have known for years", Prazeres de Acevedo said.

Borges's trip seeks to shore up international support for congress, which Maduro has tried to supersede entirely by installing the legislative super body, according to Elsa Cardozo, professor of international relations at the Central University of Venezuela in Caracas.

It is a turnaround from the successes of the redistribution policies of Chavez that the World Bank says led to a decline in poverty from 50 percent in 1998 to approximately 30 percent in 2013.

"The accumulated hatred and helplessness faced with the lack of a solution to the crisis make thse elections and opportunity to send a message of discontent", said Jesus Seguias, director of the Venezuelan Datincorp Institute.

The situation has the opposition scrambling to encourage voters to go to the polls.

The de facto judges were first appointed by the opposition-controlled National Assembly (AN) in July, after legislators declared the official TSJ illegitimate.

It is unclear how much more room the government has to cut imports.

The swearing-in ceremony took place at the headquarters of the Organisation of American States (OAS), but was largely ignored by regional diplomats and the Maduro administration itself. This time it is expected to have representatives on hand to compare paper printouts with national tallies. "They have lost an average of 8 kilos (17.6 pounds) per person", Cardenas said. Elections, so there's the option for people to change the government and of course change the economy.

But if other branches of government obstruct them from actually governing, such accusations would surely resurface.