By Ricardo Blackman | CDN Barbados
Dateline Bridgetown, BARBADOS:
The fight for market share in Barbados’ already highly competitive insurance industry is set to intensify. That’s because the Financial Services Commission (FSC) has given CIBC First Caribbean Bank and a company called Colonial Medical Insurance Company Limited permission to get involved in the sector.
Dateline Castries, ST. LUCIA:
The St. Lucia government says the Caribbean Community (CARICOM) should review the Common External Tariff (CET) saying that “the world has changed dramatically” since the signing of the Revised Treaty of Chaguaramas that governs the 15-member regional integration grouping.
Dateline Port of Spain, TRINIDAD:
Government is about to approach the courts to have a number of Trinidad and Tobago nationals designated as terrorists and will also very shortly present to Parliament, new legislation to deal with people alleged to be terrorist fighters, Attorney-General Faris Al-Rawi said yesterday. “The country deserves action and enforcement and that’s exactly what we in tend to do” Al Rawi said in the Senate.
Con el impulso de la victoria del martes por la noche el precandidato republicano a la presidencia de Estados Unidos, Donald Trump aprovechó el miércoles para lanzar oficialmente sus propuestas en materia de política exterior. El magnate inmobiliario se dedicó, durante 38 minutos, a atacar la política exterior del actual presidente, Barack Obama, ante un abarrotado salón de un hotel Mayflower en Washington.
(Merco Press) – “Si el objetivo del presidente Obama era debilitar a Estados Unidos, no podría haberlo hecho mejor”, sostuvo el candidato favorito de la interna republicana. El líder de la primaria presidencial de la oposición se refirió a varios temas puntuales, pero nunca se explayó demasiado.
Habló del NAFTA -el tratado de libre comercio que une a Canadá, Estados Unidos y México- y lo calificó como “un desastre total”, habló de Moscú y dijo: “Algunos dicen que los rusos no son razonables, intentaré descubrirlo”; habló de China y propuso “buscar puntos en común basados en intereses compartidos”; y habló del Estado Islámico (EI) y prometió que “sus días están contados”.
Trump también hizo referencia a Israel y la tensión que se vivió entre el gobierno de ese país y el de Obama en los últimos años por la expansión de las colonias judías en Palestina y el acuerdo nuclear entre Estados Unidos y otras potencias con Irán.
Al hablar de los históricos aliados de Washington, también mencionó a sus socios de la Organización del Tratado del Atlántico Norte (OTAN) y de Asia, una clara referencia a Japón y Corea del Sur.
”Tras ser elegido presidente, convocaré una cumbre con nuestros aliados de la OTAN, y otra por separado con nuestros aliados asiáticos (…) Nuestros aliados no están pagando lo justo por su defensa“, se quejó.
Tras arrasar en las primarias de cinco estados de la costa Este, Trump ya acumuló 991 delegados de los 1.237 que necesita para dominar la Convención Nacional de su partido en julio próximo y convertirse en el candidato oficial. Lejos están Cruz con 568 delegados y John Kasich, actual gobernador de Ohio, con 154.
En un último esfuerzo por detener a Trump, los dos rivales Cruz y Kasich, acordaron una suerte de alianza para tres de las próximas primarias. Kasich no hará campaña en Indiana para beneficiar a Cruz y éste último hará lo mismo en Oregon, el 17 de mayo próximo, y Nuevo México, el 7 de junio.
El senador Ted Cruz por su parte anunció que la ex aspirante a la Casa Blanca y ex CEO de Hewlett-Packard, Carly Fiorina, lo acompañará en la fórmula presidencial en caso de que obtenga la candidatura.
”Una y otra vez Carly rompió barreras como mujer“, celebró Cruz, quien no sólo destacó su ascenso en el mundo empresarial, sino que también recordó cómo superó un cáncer de mama. ”Es una líder extraordinaria”, concluyó.
FMI advierte sobre la delicada situación económica de Venezuela, “no sostenible en el mediano plazo”
Debido a factores macro y microeconómicos, como el bajo precio del crudo y la pérdida de productividad y riesgo inflacionario, Venezuela está en una situación “no sostenible en el mediano plazo”, subrayó el Fondo Monetario Internacional (FMI).
(Merco Press) – “Por el deterioro de la capacidad productiva, por el deterioro de la política microeconómica y los desequilibrios macroeconómicos en Venezuela, que se ha deteriorado aún más con este choque petrolero, claramente la situación no es sostenible en el mediano plazo”, dijo el director del FMI para el Hemisferio Occidental, Alejandro Werner.
Según los pronósticos presentados este mes por la institución, la economía del país bolivariano se contraerá un 8% este año, tras el descenso de 5,7% registrado en 2015, aunque en 2017 la recesión se reducirá a un 4,5%.
La economía venezolana “ya mostraba señales de deterioro en la capacidad productiva” aun cuando los precios del petróleo eran elevados, recordó Werner en una rueda de prensa en la Ciudad de México.
Todo ello tendrá un impacto claro en la inflación, que este año el FMI proyecta en el 720% y para el 2017 en el 2.200%.
“Es una tendencia que se asemeja a los episodios hiperinflacionarios que se han vivido con anterioridad en algunos países de América Latina”, señaló.
Esta tendencia se verá también afectada por el valor de las exportaciones petroleras, que pasaron de 80.000 millones de dólares en 2013 a unos 20.000-25.000 millones de dólares en 2015, recordó.
Werner no pudo prever cuándo se va a dar el cambio “político, social y económico” que pueda ayudar a revertir esta tendencia negativa en la economía venezolana, y alertó que la situación actual tiene efectos “sobre la calidad de vida y la salud” de los habitantes de esa nación.
El FMI presentó este miércoles en la capital mexicana el informe Panorama Económico Regional para América Latina y el Caribe.
El vicepresidente brasileño, Michel Temer, sumó este miércoles más apoyos para un eventual Gobierno en caso de que se instaure un juicio político contra la mandataria Dilma Rousseff, quien reiteró que luchará “hasta el fin” en defensa de su mandato.
(Merco Press) – Temer, quien articula fuerzas frente a la posibilidad de asumir el poder dentro de unos quince días, visitó el miércoles al presidente del Partido de la Social Democracia Brasileña (PSDB), Aécio Neves, que le garantizó el apoyo de esa formación si llegase a asumir el Gobierno.
“Tenemos dos opciones: lavarnos las manos o ayudar al país a salir de esta crisis. Y decidimos dar nuestra contribución”, dijo tras esa reunión el presidente del principal partido opositor.
El proceso contra Rousseff ha entrado en su fase definitiva y está en manos de una comisión del Senado, que si vota por la apertura de un juicio político le pasará la palabra al pleno de esa cámara, que alrededor del 10 de mayo decidirá sobre el asunto.
Si el pleno respalda el juicio político, Rousseff será separada del cargo durante los 180 días que puede durar el proceso y sería sustituida durante ese período por Temer, quien completaría el mandato que vence el primero de enero de 2019 en caso de una destitución.
Temer lidera el PMDB, la mayor fuerza política del país y su presidente, Romero Jucá, expuso a corresponsales extranjeros algunas de las líneas maestras de una eventual gestión de Gobierno.
Jucá fue cuidadoso y condicionó todo a lo que decida el Senado, pero aún así se explayó y aseguró que la “prioridad” de Temer será “recuperar la confianza” de la sociedad, de los mercados y los empresarios.
“Habrá que reubicar los pilares democráticos y construir una base política estable y confiable para generar confianza”, declaró Jucá, uno de los hombres más cercanos a Temer.
Jucá admitió que Temer está en un acelerado proceso de consultas para la conformación de un eventual Gobierno, aunque aclaró que el vicepresidente no hará ningún tipo de anuncio antes de que el Senado se pronuncie, por una cuestión de “respeto” al orden legal.
“Temer está escuchando personas y formando una opinión, pero no está paralizado”, porque “es posible” que a mediados de mayo deba asumir la Presidencia, indicó el senador.
En el plano económico, Jucá dijo que será “fundamental revertir el déficit fiscal” acumulado en los últimos años y admitió que será necesario elevar impuestos, aunque no en una primera etapa, ya que “sería un error aumentar tributos en momentos de recesión”.
También aseguró que un eventual Gobierno de Temer recortará el gasto público y discutirá una reforma del sistema de jubilaciones y pensiones, que está al borde de la bancarrota.
No obstante, garantizó que todo eso será hecho sin afectar los programas sociales que mantiene el Gobierno de Rousseff, pues lo que se propondría Temer es “favorecer a la sociedad” y no “hacerla pagar por la pésima gestión” de la actual mandataria, con la que el PMDB rompió hace poco más de un mes.
UK Foreign Secretary Philip Hammond has arrived in Colombia to highlight the UK’s support for the country’s peace process and fight against narcotics during visits to Bogota and Cartagena.
(Merco Press) – Visiting Colombia for the first time as Foreign Secretary, Mr Hammond is on the first stop of a tour of Latin America that will include Cuba and Mexico.
The UK has been committed to supporting the peace process since official talks began between the Colombian Government and the Revolutionary Armed Forces of Colombia (FARC) three years ago. This year the UK has contributed £4.2m to a UN fund, and a further £1.1m to an EU fund, to prepare and implement a peace deal.
In Bogota, the Foreign Secretary met President Santos, Minister for Defence and the Vice Minister for Foreign Affairs. He will visit the National Reintegration Agency to meet with former combatants who have demobilised and re-joined civilian life.
Mr Hammond will also open a new British Council centre in Salitre and attend a Shakespeare-themed classroom event to mark the 400th anniversary of the playwright’s death.
In Cartagena, Mr Hammond will visit the Colombian Naval Base to see firsthand UK-Colombia cooperation on counter-narcotics.
Foreign Secretary Philip Hammond said: “The UK is a strong supporter of the Colombian peace process and will continue to back efforts underway to reach a sustainable agreement and lasting peace for the Colombian people.
“Since 2015 we have committed over £9 million to post-conflict projects in Colombia, drawing on our own experience in Northern Ireland. This builds on our diplomatic efforts in the UN Security Council for a UN mission that will verify an eventual ceasefire.
“Our support extends further to areas of shared prosperity and bilateral trade. This year, we will contribute £1 million to Prosperity Fund programmes which promote Colombia’s economic development and £20 million on science and innovation through the Newton Caldas Fund over five years.”
The Organization of American States (OAS) will conduct, at the request of the governments of Belize and Guatemala, an independent investigation of the April 20 border incident that led to the death of the Guatemalan minor Julio Rene Alvarado Ruano and in which his father and brother were wounded.
(Merco Press) – Following the reception of formal requests from both governments, OAS confirmed to authorities it will proceed immediately with the identification and deployment of the appropriate experts to carry out the investigation as soon as possible. At the request of both sides, the investigation will be carried out independently from the work of verification taking place at this time.
Secretary General Luis Almagro welcomed the commitment of both countries to clarify the events rapidly and expressed gratitude for their trust in the OAS for the identification and deployment of the experts who will carry out the task.
Finally, Almagro reiterated the call for both sides to redouble the confidence building measures in place to prevent future confrontations or situations that could put at risk the peace and stability between the two countries.
INDIANAPOLIS (Reuters) – U.S. Republican presidential candidate Ted Cruz, in a last-ditch bid to slow front-runner Donald Trump’s momentum, named former business executive Carly Fiorina on Wednesday as his vice presidential running mate should he win the nomination.
After crushing losses to Trump in five nominating contests in the Northeast on Tuesday, Cruz praised Fiorina, a former presidential rival, as a principled fighter for conservative values who would be a valuable ally on the campaign trail.
“Carly is a vice presidential nominee who I think is superbly skilled, superbly gifted at helping unite this party,” the U.S. senator from Texas told a rally in Indianapolis, the capital of Indiana.
The Midwestern state is the next battleground for selecting the Republican and Democratic presidential candidates for the Nov. 8 presidential election and is shaping up to be Cruz’s best – and perhaps last – chance to block Trump’s march to the nomination.
Cruz acknowledged it was unusual to choose a running mate so early in the race. Traditionally, the winners of the Republican and Democratic nominating races announce their running mates in the period between clinching the nomination and summer’s national conventions.
“I think all would acknowledge this race, if anything, it is unusual,” said Cruz, 45, adding he wanted to give voters a clear choice and offer a rebuttal to media suggestions the Republican race was over.
At a nearby rally in Indianapolis afterward, Trump was scornful of Cruz’s move, calling his rival “desperate.”
In the Democratic race, Hillary Clinton, 68, won four of Tuesday’s five contests, building a virtually insurmountable lead over rival Bernie Sanders, a 74-year-old U.S. senator from Vermont, who vowed to keep fighting until the July convention.
In tapping Fiorina as his No. 2, Cruz was apparently trying to recover from Trump’s landslide primary wins on Tuesday in Pennsylvania, Maryland, Delaware, Connecticut and Rhode Island. The victories made the uphill climb toward the nomination even steeper for Cruz.
“I’ve had tough fights all my life,” Fiorina said after Cruz introduced her. “Tough fights don’t worry me a bit.”
Fiorina, 61, dropped her own White House bid in February after a seventh-place finish in New Hampshire. She endorsed Cruz a month later and has been a sharp critic of Clinton.
Fiorina and Cruz both said they had grown close since her endorsement, and she sang a few verses of a song she said she sings to Cruz’s two daughters on their campaign bus.
The choice of Fiorina, a former Hewlett-Packard Co chief executive who, like Trump, has never held elective office, could help Cruz with women voters, a group that Trump has had difficulty winning over to his outsider campaign.
It also could offer Cruz a boost in the June 7 primary in California, where Fiorina won the Republican primary in 2010 for the U.S. Senate. She was defeated in the general election by incumbent Democrat Barbara Boxer. Fiorina now lives in Virginia.
Trump has amassed 987 of the 1,237 Republican national convention delegates he needs to secure the nomination, to 562 for Cruz and 153 for Ohio Governor John Kasich, 63, the third remaining candidate, according to the Associated Press.
If Cruz can win a large share of Indiana’s 57 delegates, it will increase the chances that Trump will not be able to win the nomination on the convention’s first ballot. After that, many delegates will be free to turn to Cruz, Kasich or a dark-horse establishment candidate on a second or subsequent ballot.
A loss to Trump in Indiana would effectively cripple Cruz’s bid, and increase pressure on the party to rally around Trump as the prospective nominee.
‘WASTE OF TIME’
Trump called Cruz’s decision to pick a running mate “a pure waste of time” and “a desperate attempt to save a failing campaign by an all-talk, no-action politician.”
“He is the first presidential candidate in the history of this country who’s mathematically eliminated from becoming president who chose a vice presidential candidate. … It’s a record,” the New York billionaire and former reality TV star told supporters in Indianapolis on Wednesday.
Trump vowed to campaign extensively in the state between now and Tuesday’s nominating contest.
“I’m not playing games with Indiana,” he said. “You are going to get so tired of me.”
“We’re going to win it,” he said.
Trump was introduced at the rally by famed college basketball coach Bob Knight, who led Indiana University to three national championships.
Cruz said Fiorina had already proven her mettle in standing up to Trump last year after he insulted her looks in an interview. “Look at that face. Would anyone vote for that?” Trump had asked, only to be sternly rebuked by Fiorina in their next presidential debate.
“She’s faced challenges a lot worse than someone bellowing and yelling and insulting her face,” Cruz told the Indianapolis crowd.
A breast cancer survivor who lost a stepdaughter to drug addiction, Fiorina served as Hewlett-Packard chief executive from 1999 to 2005. She was forced to resign amid weak earnings as the company struggled to digest a $19 billion merger with Compaq Computer Corp. About 30,000 layoffs took place during her tenure.
Fiorina’s campaign never took off in the original 17-member Republican presidential field, and she was mostly relegated to the early second-tier debates for low-polling candidates.
Craig Robinson, a former political director of the Iowa Republican Party, said Cruz would have been better off picking an experienced politician who could help him secure delegates in a fight at the convention.
“It’s a real head-scratcher,” he said.
But some conservatives applauded Cruz’s choice. Marjorie Dannenfelser, president of the Susan B. Anthony List, which works to elect political candidates who oppose abortion rights, said Fiorina was the “ideal” choice.
“She will take Hillary Clinton head-on,” Dannenfelser said in a statement.
(Reporting by James Oliphant in Indianapolis and Emily Stephenson, Jeff Mason, Megan Cassella, Alana Wise and Timothy Ahmann in Washington; Writing by John Whitesides; Editing by Jonathan Oatis and Peter Cooney)
Venezuelan cities cleaned up from a night of looting and fiery protests on Wednesday as government offices closed their doors for the rest of the week in the face of a worsening energy crisis that is causing daily blackouts. In Caracas, hundreds of angry voters lined up to sign a petition beginning the process of recalling the deeply unpopular President Nicolas Maduro.
(Merco Press) – The socialist administration began imposing a four-hour daily blackout around the country this week to save electricity. Angry residents in darkened towns around the country took to the streets Tuesday night, setting up flaming barricades and raiding shops for bread and other scarce food.
On Wednesday, more than 1,000 police fanned out around the western city of Maracaibo after a night of riots. More than 100 people were arrested there for looting that damaged dozens of businesses, according to local governor Francisco Arias, who supports the Maduro government. Venezuela is among the world’s most violent countries, and crime generally spikes here when the lights go out.
Maduro condemned the night of protests, and said his political enemies were trying to sow chaos and sabotage him.
“The crazy right wing doesn’t understand that in hard times, a family has to band together,” he said. “They’re trying to create a violent situation.”
Maduro warned that the water level behind the nation’s largest dam has fallen to near its minimum operating level because of a severe drought. If it gets much lower, the whole nation could be plunged into darkness.
Caracas is being spared from the rolling blackouts and has not seen violent protests. Some Venezuelans complain that the country is starting to resemble the dystopian series “The Hunger Games,” in which districts suffer for the benefit of a heartless capital city.
As people become more desperate in outlying states, opposition politicians in Caracas are appealing for calm after scoring a small victory that will allow them to begin an effort to recall Maduro.
Venezuela’s electoral authority on Tuesday delivered petition sheets to collect signatures needed to start the multi-step process. Some had believed that government institutions, which have stymied the opposition at every turn in recent months, would never hand those sheets over.
Opposition leaders held festive rally to launch the start of the recall drive Wednesday as many institutional buildings downtown remained closed.
“The government is scared of this count and that’s why they’re throwing up all these obstacles, but we will collect all of these signatures,” said Henry Ramos, head of the country’s opposition-controlled Congress.
About two-thirds of Venezuelans want Maduro to go, according to local polling.
Argentina’s Lower House member and former Secretary of ex president Cristina Fernandez, Eduardo “Wado” De Pedro is under prosecution investigation following claims he over billed travel expenses while overseas in 2015 as part of the presidential delegations.
(Merco Press) – Meanwhile in Kitcheners political turf, Santa Cruz province, properties, offices and farms belonging to Kirchnerite businessman Lazaro Baez and which took off on Tuesday continued on Wednesday.
It is believed that Baez, a former bank clerk who in ten years became a public works tycoon in south Argentina was a straw man for the deceased Nestor Kirchner, but this has yet to be proved.
Judicial sources in Buenos Aires revealed that Federal prosecutor Ramiro Gonzalez started a criminal inquiry against De Pedro who also happens to be a leader of La Campora, the political grouping of Maximo Kirchner, the son of former president Cristina Fernandez. The prosecution is working together with Federal Judge Sebastian Casanello who has other cases related to former close associates of the Kirchner family and administrations.
Allegedly De Pedro not only over billed but also presented adulterated expense bills and from his several trips with the president to Cuba, United States, Paraguay and Brazil. Sources indicate that lawmaker De Pedro in his trips as a member of the previous presidential entourage spent 335.000 US dollars in per diems and other expenses.
However according to the prosecution the investigation not only involves De Pedro, but also other members of the delegations and particularly the staff in charge of accepting the bills and the alleged irregularities.
Prosecutor Gonzalez said that apocryphal and adulterated travel bills “in one trip at least cost the Treasury US$ 201.903” and there is virtually no detail of how the money was spent in lodging and personal expenses, for example at New York’s’ Mandarin Hotel during one of the ex president’s trip.
In Patagonia’s Santa Cruz province, dozens of properties, offices, farms, garages owned by indicted Kirchnerite businessman Baez, and his family, were raided as part of a money-laundering investigation presided over by Federal Judge Casanello.
“Neither the judiciary nor the prosecution is wasting any time in recovering everything (the possible assets) linked to these type of crimes — which in this case is money-laundering,” Casanello declared.
“The raids in Santa Cruz were very successful,” prosecutor Guillermo Marijuan said. “We came to raid 40 properties and we found much more.”
Casanello said Marijuan was in charge of all the investigations and that he had the support of the AFIP tax bureau and the Financial Information Unit (UIF), two agencies that have joined as plaintiffs in the investigation.
The raid began when Marijuan arrived in Santa Cruz capital, Río Gallegos aboard a Coast Guard plane, accompanied by a team of Coast and Border Guard officials with reporters tagging along.
Among the assets that could be seized were jewels, paintings, luxury cars and other property that belonged to the Kirchnerite businessman.
The federal judge said that what had sparked the raids was a written statement submitted by whistleblower Leonardo Fariña’s attorney. The outspoken businessman had reportedly given directions, dates, and even exact locations of properties raided on Tuesday and Wednesday.
Border Guard officials were reportedly seen raiding a garage on Güer Aike street in Río Gallegos, where Baez stored his fleet of cars. Judicial officials began estimating the value of Baez’s fleet when they arrived. The Kirchnerite businessman allegedly kept a fleet of about nine cars in the garage.
At the same time this was happening, the Border Guards raided the offices of the Austral Construcciones construction company and other offices owned by Baez.
The office of his accountant, Cesar Andre, was also raided, while the offices where almost all of the companies linked to Baez are officially registered were closed down on Tuesday by the Federal Police (PFA)’s Special Crimes Unit.
Marijuan is trying to determine the extent of Baez’s wealth and how he had diversified it. Up until 2013, Baez declared that he had US$66 million worth of real estate, which included 79 properties and 14 firms.
Later in the afternoon, Marijuan led another raid on Baez’s ranch named Cruz Aike, which is located 80 kilometers from the Santa Cruz city of El Calafate. Fariña alleged that Baez had stashed millions of dollar bills in vaults at the ranch.
Marijuan was accompanied by 100 officials on his raid on the Calafate ranch, which he travelled to by helicopter, but Border Guard officials were also present in different areas of Santa Cruz. Baez is believed to own 25 ranches, which represent more than 400,000 hectares.
Due to the many properties owned by Baez, Marijuan anticipated that they wouldn’t finish the raids in a single day, “we will be spending quite some time in Santa Cruz, the accused has far more properties than we estimated”.
In effect the media speculated based on judicial sources that Baez has some 220 properties, 37 farms and over fifteen luxury and collection cars, his passion.
From neighboring Uruguay it was reported that a Baez property on the coast next to the sea resort of Punta del Este, an estimated 150 hectares purchased at US$ 16.5 million, was seized as part of the ongoing investigation in Argentina and Uruguay.
Brazilian President Dilma Rousseff concedes that even if the full Senate finally votes against her impeachment, she may be obliged to support the call for new presidential elections this year, according to Folha, one of Sao Paulo’s most influential dailies.
(Merco Press) – In effect the ruling Worker’s Party (PT) National Committe is putting pressure on those in government to give the initiative their backing even before the Senate verdict on the President’s fate.
In private discussions, the President has admitted that a period of 180 days out of office with Brazilian Democratic Movement Party (PMDB) vice president Michel Temer as acting head of state, would create the “worst possible” conditions for her to return to governance afterwards.
The most probable step in the impeachment process is that the special committee will effectively recommend the president is removed from office, for 180 days as dictated by the Constitution. In that period of time the Senate will consider the merits for impeachment, and will need a two thirds majority to definitively remove Rousseff from office.
In the words of a presidential adviser, if Temer demonstrates even “the smallest amount of competence” in dealing with the crisis, Dilma’s return to office, if no grounds are found for impeachment, will become completely impractical and devalued.
In order not to embarrass the President, the PT leadership has decided to put on hold the sponsoring of the initiative, at least until the impeachment verdict is decided.
Ex-President Lula da Silva told advisers and close associates from PT that the decision whether or not to sponsor new elections, before the first vote in the Senate, should come from Rousseff herself, not from him.
The Workers’ Party leadership however, is suggesting that the party embraces the alternative right after Temer takes office, which could happen any time after the second fortnight in May.
The objective is to reinforce arguments that Temer does not enjoy the legitimacy to occupy the Planalto Palace and that it would consequently be necessary to hold new presidential elections.
Besides putting pressure on the acting president, the proposal will also be geared to weaken Temer’s coalition and administration.
A week ago senators from the incumbent PT, the Brazilian Socialist Party, the Sustainability Network and the Popular Socialist Party presented a Proposed Amendment to the Constitution, asking for the right to hold presidential elections simultaneously with municipal elections.
This would mean that Presidential elections would be able to take place in October this year. The initiative has the support of 30 senators and would have to be approved in two vote rounds, both in the Senate and the lower house.
The supporters of the proposal admit that it will be extremely difficult to convince both senators and congressmen to come to an agreement regarding the motion.