Venezuela losing clout in region

BUENOS AIRES — Beleaguered Venezuelan President Nicolás Maduro may be able — or not — to remain in power for the remainder of his term, but Venezuela’s influence elsewhere in Latin America seems to be diminishing as rapidly as the country’ s dwindling foreign reserves.

Last weekend, the Venezuelan government lost a new potential ally in the region when leftist candidate Xiomara Castro — the wife of Venezuelan-backed deposed Honduran president Manuel Zelaya — came in a distant second in Honduras’ presidential elections.

According to official results, the right-of-centre president-elect, Juan Orlando Hernández, won by more  …..To continue reading, login or subscribe now.



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