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Weekly Report - 23 October 2014 (WR-14-42)

Receding pink tide in Latin America would leave radicals exposed

Venezuela’s President Nicolás Maduro, Ecuador’s President Rafael Correa, Bolivia’s President Evo Morales and Nicaragua’s President Daniel Ortega will be glued to events unfolding in Brazil and Uruguay on 26 October. Electoral defeats for the ruling left-wing parties in both countries would, at a stroke, leave Chile’s President Michelle Bachelet as the sole representative of the moderate Left in the region and remove the buffer for the region’s more radical leftist governments, above all Venezuela, at a difficult time when oil prices are falling.

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