Election Brings Promise, But Problems Remain

August 2006 | Market Alert

With 75% of all votes counted, the People's Progressive Party (PPP) led by current President Bharrat Jagdeo has a very good chance of winning Guyana's general election held earlier this week. Although the PPP currently enjoys a significant lead of more than 70,000 votes (roughly 17% of all votes cast), the main opposition party, the People's National Congress (PNC), has so far refused to concede defeat. Nevertheless, the good news is that the PNC's leader, Robert Corbin, has assured that his party will not take to the streets in case of a PPP victory. If Corbin keeps his promise, this

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