Paraguay will be electing a new president on Sunday and its re-incorporation to the Union of South American Nations, Unasur could happen under the new government anticipated Salomon Lerner, chief observer of the regional group.
On Thursday evening all of Paraguayan presidential candidates will be holding their final rallies after which begins a 48-hour ban of all electoral activities ahead of Sunday’s general election. Two candidates outstand in the dispute, Horacio Cartes from the Colorado party and Efrain Alegre from the ruling coalition headed by the Liberals.
The International Monetary Fund (IMF) stated on Wednesday that both financial and banking sectors in Latin America “should keep their guards up” before the recent and fast growth of the credit, though the lender doesn’t see any overheat of the region’s economy.
The United States held back recognition of President-elect Nicolas Maduro and called on the Venezuelan government on Wednesday to respect the right of free assembly after violence at opposition protests over a disputed election.
A manual recount of votes isn't possible in Venezuela, the head of the country's Supreme Court said Wednesday, suggesting there is no legal basis for the opposition's push for a ballot-by-ballot audit of the narrow presidential election results.
Representatives from several Latinamerican and Caribbean countries before the Organization of American States recognized on Wednesday Nicolas Maduro as elected president of Venezuela. Nicaragua, Argentina, Brazil, Colombia, Dominican Republic, Uruguay among others congratulated the new head of state and praised the Venezuelan people for their massive and peaceful turnout last Sunday for the historic voting day.
By R. Viswanathan (*) - The election of Nicolas Maduro, the chosen heir of Chavez, in last Sunday’s election, is good news for the peaceful and orderly transition of Venezuela after the abnormal, autocratic and quixotic rule of Chavez in the last fourteen years. If Capriles had won, the change would have been abrupt and traumatic for the Chavistas who might not have given up power so easily without some messy fight.
Argentina and Uruguay presidents could hold an unofficial meeting next Friday in Caracas when they attend the taking office ceremony of Venezuelan president next Friday, according to Montevideo diplomatic sources.
The United Nations Special Committee on Decolonisation — also known as the Special Committee of 24 — is to hold its Pacific Regional Seminar in Guayaquil, Ecuador, from 28 to 30 May. Its agenda is to review progress in the United Nations decolonisation process.
Argentine president Cristina Fernandez demanded the United States “recognizes the Venezuelan government” following on Sunday’s election in which Nicolas Maduro was confirmed as president despite a very tight margin (just over 1% of ballots) and challenges by the opposition candidate.