New Market Perspective
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

New Market Perspective

World

El Salvador’s Nayib Bukele set for landslide election victory

by admin February 6, 2024
February 6, 2024
El Salvador’s Nayib Bukele set for landslide election victory

El Salvador’s Nayib Bukele is headed for what appears to be a landslide victory in the presidential election, with more than 70% of the votes counted as of Monday, according to preliminary results from the country’s Supreme Electoral Court (TSE).

His party is enjoying a wide lead over the opposition. Preliminary results showed Bukele’s Nueva Ideas securing 1,662,313 votes compared to runner-up FMLN’s 139,025 votes as of Monday afternoon.

The results were widely expected in a country where Bukele enjoys immense popularity over a crackdown on gangs that drove down El Salvador’s once-sky-high levels of violence.

Bukele had already declared himself the winner in the race late Sunday, saying: “Today, El Salvador has broken all the records of all the democracies in the world. Since democracies have existed, never has a project won with the quantity of votes that we have won today.”

Earlier on Monday, the federal election authority said it asked polling stations across the country to manually record the results of Sunday’s presidential election after electronic transmission of results stopped updating overnight.

The court said it took its decision based on the country’s electoral code and after actions that “hindered” the transmission of primary results and “other factors beyond the control of the (court),” without elaborating further.

Polling stations are now manually report voting records, with both election officials and party representatives taking “photographic or scanned evidence” of the records before sending them to the court.

Bukele, 42, faced little in the way of organized opposition and enjoys one of the highest favorability ratings in the region, regularly polling above 70% in independent surveys.

His supporters laud Bukele’s crackdown on criminal gangs under an extended state of emergency that reversed the country’s murder rate, once the highest in the world.

However, mass arrests have also triggered outcry from human rights groups, who allege Bukele’s government has detained innocent people and subjected prisoners to dehumanizing conditions behind bars, including torture. El Salvador now has the world’s highest incarceration rate.

The debate between the two sides has elevated an election in a small Central American state into a broader referendum on the extent that voters are willing to relinquish basic liberties in exchange for relative peace and safety.

An overwhelming win for Bukele would likely give the young leader more leeway to reform El Salvador in his heavy-handed vision. Bukele has not shied away from comparisons to autocrats – once setting his Twitter biography to read “world’s coolest dictator” – and his government has said they are “eliminating” democracy in the country.

Bukele’s ability to run for a second term is a clear example of the effort: with El Salvador’s constitution barring presidents from seeking re-election, the country’s Congress in 2021 replaced the top judges on the Supreme Court with a new class willing to grant him the power. Bukele stepped down from the presidency late last year to focus on his reelection. He is set to be sworn in for his second term in June.

In at least 13 countries in Latin America, most of the population “wouldn’t mind an undemocratic government rising to power if it resolved problems,” according to a 2023 poll by Latinobarometro.

Still, under Bukele, the country’s economy has stagnated, with low growth rates and an unmet demand for jobs. Foreign direct investment in the country has also not risen in line with the country’s newfound security, with polls indicating that companies are reluctant to invest in El Salvador given the “decreasing legal certainty” and autocratic lurch in the government, Freeman said.

“It’s notable Bukele said nothing about the economy in his victory speech, and very little about the economy on the campaign trail, probably because it’s a very weak issue for him,” he said.

This post appeared first on cnn.com

0
FacebookTwitterGoogle +Pinterest
previous post
Nikki Haley asks for Secret Service protection after increase in threats
next post
Attackers killed during assault on main courthouse in Istanbul

Related Posts

Pro-Israel hackers take credit after $90 million stolen...

June 19, 2025

How Syria’s rebel leader went from radical jihadist...

December 7, 2024

Israel exploring construction of humanitarian compound in northern...

December 20, 2023

In deciding on anti-gay law, Ghana’s president is...

March 14, 2024

Honduran anti-mining activist who fought to save rivers...

September 16, 2024

Floods in Yemen kill nearly 100, damage thousands...

August 31, 2024

Israeli cabinet approves reopening northern Gaza border crossing...

April 5, 2024

Undercover Israeli forces raid West Bank hospital, seize...

December 5, 2024

Children pulled from mud as hundreds die in...

May 13, 2024

Iran’s Mossad paranoia grows, amid fears of Israeli...

June 17, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Iran vows retaliation if UN Security Council issues snapback sanctions on anniversary of nuclear deal

      July 15, 2025
    • ‘Held accountable’: Sen. Rand Paul again vows to issue a criminal referral for Fauci

      July 15, 2025
    • Hawley urges DHS Secretary Noem to declassify all Trump Butler rally assassination attempt documents

      July 15, 2025
    • America has the power to lead the AI revolution – and the leadership to make it happen

      July 15, 2025
    • ‘Squad’ members ‘decide to lie and twist facts’ about Israel’s history, says prominent Arab activist

      July 15, 2025
    • Mike Waltz gears up for post-Signalgate ‘brutal’ grilling from Dems in UN ambassador hearing

      July 15, 2025

    Popular

    • 1

      Top 5 Junior Copper Stocks on the TSXV in 2023

      December 22, 2023
    • 2

      Crypto Market 2023 Year-End Review

      December 22, 2023
    • 3

      Canada Silver Cobalt Begins Drilling at Lowney-Lac Edouard in Quebec, Targeting Nickel-Copper-Cobalt Mineralization

      December 22, 2023
    • 4

      10 Top Oil-producing Countries (Updated 2024)

      October 19, 2024
    • 5

      Powered by rain, this seed carrier could help reforest the most remote areas

      December 19, 2023
    • 6

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 7

      A troubling theory about traders profiting from Hamas’ attack on Israel drew much attention. Why it may not be so simple.

      December 13, 2023

    Categories

    • Business (1,409)
    • Investing (3,514)
    • Politics (4,591)
    • World (4,461)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: newmarketperspective.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 newmarketperspective.com | All Rights Reserved