Guatemalans Vote for President in Election Slammed by the US

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Guatemalans Vote for President in Election Slammed by the US
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(Bloomberg) -- Guatemalans vote for president on Sunday after an acrimonious campaign marred by prosecutor raids on the electoral authority and criticism from the US government. Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkGlobal Stock Managers on Guard as China Pain Set to SpreadChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself on Avoiding a R

Anti-corruption campaigner Bernardo Arévalo has been the frontrunner since defying polls in the June first round to win a place in this weekend’s runoff. He faces former first lady Sandra Torres who campaigned on boosting welfare spending for the poor.

OAS Secretary General Luis Almagro said this month that he was worried about Guatemala’s democratic institutions, but that he had received an assurance from President Alejandro Giammattei that there would a peaceful transition of power to the winner. Torres, 67, in her third bid for the presidency, has promised cash transfers to single mothers and food handouts for the country’s poorest families. She said she would crack down on crime by copying strategies from El Salvador, where President Nayib Bukele has used emergency powers to lock up tens of thousands of alleged gangsters.

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