Venezuela’s Machado Headed for Victory in Opposition Primary

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Venezuela’s Machado Headed for Victory in Opposition Primary
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(Bloomberg) -- Venezuela’s María Corina Machado took a commanding lead in an early count of Sunday’s opposition primary after a demonstrative turnout...

-- Venezuela’s María Corina Machado took a commanding lead in an early count of Sunday’s opposition primary after a demonstrative turnout, putting her in position to challenge President Nicolás Maduro in the most serious threat to the ruling socialist regime in at least a decade.Machado had 93% of the vote with 26% tallied, according to Jesús María Casal, head of the primaries organizing committee.

Machado, who describes herself as a centrist, wants to revive Venezuela’s battered economy through market-friendly policies and widespread privatization, including of the key oil sector. She would also seek to roll Venezuela’s massive debt pile into a single bond.“We know she’s disqualified but we’re still here,” 69-year-old realtor Manuel Rangel said after voting for Machado in eastern Caracas.

The count was slowed by more apparent interference late Sunday, when a server used in the tallying process was blocked. Casal said organizers were prepared for such incidents and had backups in place.The long-awaited resumption of negotiations between Venezuela’s government and a coalition of the nation’s opposition may offer Machado a path to restore her eligibility.

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