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...reinstate Zelaya or face suspension of its membership, and Zelaya has said he plans to return to Tegucigalpa anyway if his foes don't comply. In response, Micheletti has sworn that he will arrest Zelaya if he sets foot in the country and that he is ready for anything Venezuela - or anyone else - can throw at him. With neither side showing signs of compromise, the risk of a violent clash rises - a prospect that worries many in Tegucigalpa. "All this mess could make the economic problems even worse," says shop owner Daniel Joya, 42. "If things fall apart, I will...

Author: /time Magazine | Title: Hondurans Take Sides and Hit the Streets | 7/1/2009 | See Source »

...Corrales says many Latin Presidents are feeling a similar sort of panic. Earlier this year, Chávez saw plummeting oil prices threaten to undermine his socialist revolution, which has enfranchised Venezuela's poor but has also raised fears about authoritarian rule. Chávez rushed through a constitutional referendum last February that lets him run for re-election indefinitely. Fernández's midterm defeat, says Corrales, may have leaders like Chávez "asking if they should ease up on their ideological hard line or ramp it up to neutralize opponents before it's too late." In Honduras...

Author: /time Magazine | Title: What Argentina's Midterms Mean for Latin America | 6/30/2009 | See Source »

...Fernández, like her husband and their left-wing ally President Hugo Chávez of Venezuela, is a combative populist who critics say is too dismissive of the legislative and judicial branches, which are still weak institutions in Latin America. Her Sunday setback "indicates that Latin America's hyperpresidentialist project, which was fueled by the economic boom, faces walls and obstacles now," says Javier Corrales, a Latin America expert who teaches political science at Amherst College in Massachusetts. Another factor is the exit of U.S. President George W. Bush, whose own bid for excessive presidential power wasn...

Author: /time Magazine | Title: What Argentina's Midterms Mean for Latin America | 6/30/2009 | See Source »

...their violent Sunday-morning response has made them look like the Latin oligarch lackeys of old - and has in fact lent credence to Zelaya's suggestion that they were indeed just defending a constitution fashioned exclusively for the haves of Honduras. In a move reminiscent of the 2002 Venezuela coup, congressional leaders claimed that Zelaya had signed a resignation letter before being flown out of the country, and they voted on Sunday to install Congress President Roberto Micheletti as President. Speaking from Costa Rica, however, Zelaya strongly denied that he had signed any such thing and insisted he was still...

Author: /time Magazine | Title: The Honduran Coup: How Should the U.S. Respond? | 6/29/2009 | See Source »

...coup attempt in Venezuela - which failed when a popular counteruprising compelled the military to restore Chávez to power - was a reflection of the region's new upper- and middle-class fear. But the Honduran coup seems more troubling because it feels more archaic. And that gives Chávez and company even more political fuel for their rhetorical assaults on Washington, which they can use to strengthen not only their regional sway but also their domestic power, which currently faces serious challenges as their economies struggle...

Author: /time Magazine | Title: The Honduran Coup: How Should the U.S. Respond? | 6/29/2009 | See Source »

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