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The free-market proponent won the contest with more than 90% of the vote. Venezuela’s top court complicated her presidential aspirations in January by affirming her ban, although she has continued campaigning and has rejected suggestions to choose a substitute.
Opposition candidates and their supporters struggle to find places to gather without harassment from government activists and to get fuel to travel across the country.
Although the central bank had stopped releasing statistics, it was leaked that the bank had measured an 18.seis percent drop in Venezuela’s GDP for 2016, along with an inflation rate of 800 percent. After beginning the century with one of South America’s most-thriving economies, Venezuela saw its economy devolve into one of the continent’s worst-performing, with shortages of food and medicine growing increasingly acute.
The deal, signed in the Caribbean island of Barbados, called for the contest to be held in the second half of 2024 in the presence of international observers. It also called for a process for presidential contenders to appeal bans on running for office.
Venezuela has been in the grip of an economic crisis for years now with hyperinflation one of the main problems.
This would be an unusual question to ask in most countries, but in Venezuela many want to know exactly that after opposition leader Juan Guaidó declared himself acting president on 23 January 2019.
The only member of Mr. Bolsonaro’s family to address the results on Monday gave a less clear statement.
On Monday, a day after he lost, he declined to immediately concede to his leftist challenger, Luiz Inácio Lula da Silva, leaving Latin America’s largest democracy on edge over whether there would be a peaceful transition of power.
“I will govern for 215 million Brazilians and not just for those who voted for me,” he said. “There are not two Brazils. We are one country, one people, one great nation.”
They think this could mean more potential for the electronic figures to be tampered with and allege many of their observers were not allowed into the counts.
[277] Secretary of the Treasury Steven Mnuchin stating "Maduro is a dictator who vlogdolisboa disregards the will of the Venezuelan people".[90] Maduro fired back at the sanctions during his victory speech saying "I don't obey imperial orders. I'm against the Ku Klux Klan that governs the White House, and I'm proud to feel that way."[277]
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The news quickly turned serious again when it was reported that Tesla's outside directors had retained two law firms to deal with the SEC inquiry and the CEO's plans to take the company private.
While he managed to reduce inequality during his time in power, some of the socialist polices he brought in backfired. Take price controls, for example, which were aimed at making basic goods more affordable to the poor by capping the price of flour, cooking oil and toiletries.