Great Takeover of Caracas' Fails: Referendum to Oust Venezuela's Maduro Falters

On Tuesday, Venezuelan President Nicolas Maduro claimed that his political rivals will fail to collect four million of signatures needed to trigger a recall referendum that could remove the current leader from power.

The news came after Venezuela’s National Electoral Council (CNE) said on Monday it had gathered one percent of votes across the country needed to activate the next stage on the path to the referendum. However, now the political opposition is subjected to a much more difficult timeline, as it has to get four million people – or 20 percent of population – to sign the second petition to start an election.

• Under Venezuelan legislation, the referendum should be conducted by January 10, 2017 to make possible Maduro’s ousting and the launching of new presidential elections. Otherwise, the current leader would have to appoint his vice-president as a new president leaving Socialists in the Latin American nation in power.

The National Electoral Council (CNE) so far hasn’t determined the deadline for the new petition which could cause delays in the process, Financial Times reported. On Tuesday the council announced that the required amount of votes will not likely be gathered to hold elections by January......http://sptnkne.ws/bUWT
15/8/16
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Related:

• OAS members push Venezuela to approve Maduro recall vote 

• Venezuela raises minimum wage by half against inflation

• 15 países de OEA piden a Venezuela que acelere el referendo revocatorio. (Departamento de Estado de Estados Unidos) 

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• Referendum against President Nicolas Maduro : After success Venezuelan opposition mobilizes for next stage 

• Venezuela opposition claims enough signatures to launch recall of Maduro