A political crisis in Central America’s biggest economy is forcing Guatemala President Otto Perez Molina to fend off calls for his resignation in the aftermath of a corruption scandal and a series of cabinet dismissals.
A day after his central bank chief spent the night in a basement jail cell, Perez Molina dismissed four ministers while rejecting claims that his cabinet is falling apart. Those statements are “totally false,” he said in a news conference on Thursday….
“The greatest risk is uncertainty and fragmentation and policy inconsistency, at a time when the country desperately needs to address corruption within the state and transnational crime,” said Chris Sabatini, an adjunct professor at Columbia University and founder of the policy website LatinAmericaGoesGlobal.org.
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