Thursday, 16 August, 2018

Venezuelan gov't, opposition agree to postpone election date to May

Steven Clarke | 04 March, 2018, 02:59

President Nicolas Maduro, who will seek a new term in office, had earlier suggested such "mega-elections", but the electoral authority had said there was no time to organise them. Maduro also lifted Venezuelans' food ticket allowance 67 percent to 915,000 bolivars a month, the equivalent of $4.29. He told Reuters he may pull out if guarantees are not given. "We need to build a really good team led by a great economist, that's Francisco Rodriguez". Officials will consider how the measures would impact Venezuelan citizens. "I speak in the name of millions of Venezuelans to whom the government promised paradise but gave hell", he said. "This country can not survive six more years of Nicolas Maduro, this country doesn't deserve that", he added.

01 de marzo de 2018, 15:53Caracas, Mar 1 (Prensa Latina) The parties that support President Nicolas Maduro and candidate of the opposition Henri Falcon for the upcoming elections, agreed today to hold the presidential elections in Venezuela for the second half of May.

Bucking most analysts' consensus, several polls have shown Falcon stands a chance of defeating Maduro.

Mr Falcón, a former governor, insists he is genuine and that he can win. "This would be a fairly strong escalation for USA policy, whether it's a complete oil sanction or salami slices of different graduated steps." said the official.

But the official says the U.S.is careful about their decisions, which would likely end up harming ordinary Venezuelans already struggling with shortages aggravated by worldwide sanctions led by Washington.

Maduro to postpone the vote and provide other conditions.

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In response to the latest announcement the coalition said it would be maintaining its boycott, saying the elections would still be fraudulent.

"In world history, at least for the last two centuries, no government has won an election at a time of hyper-inflation", he added, citing the price of a box of eggs equivalent to almost two-thirds of the minimum monthly wage.

This has made financial transactions between Venezuela and the rest of the world more hard, aggravating the country's economic crisis.

Lucena did not yet set an election date.

The election was held on July 31, preceded by protests of the opposition that saw the assembly as the government's wish to consolidate its power.

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