Guaido approves Hausmann’s representation at IDB

Guaido approves Hausmann’s representation at IDB

World

The Inter- Development American Bank formally acknowledged Hausmann as the assigned spokesman for Venezuela by Juan Guaido, the opposition leader thus becoming the first multilateral organization to perform such enterprise.

As per IDB press release, the appointment of Ricardo Hausmann as Venezuela’s spokesman to the investors officially forthwith.
Guaido has been accepted as Venezuela’s rightful leader by most Western countries, including the United States along with several Latin-American nations.

Ricardo Hausmann, a banished Harvard University economist and a prior minister in Venezuelan government, was chosen by Guaido as his representative to IDB, compelling an election by the investor’s 48-member board of managers, only two weeks prior to its yearly summit in China.

While, the electronic voting on the nomination was kept open till Friday evening, required number of votes had already been casted by mid-morning. The voting allowed Hausmann, the IDB’s foremost chief economist, to take place of Oswaldo Perez, a trusted officer of President Nicolas Maduro.

IDB till now did not offer to comment on the fate of Armando Leon, another government supporter who also happens to work as one of the 14 executive directors of bank.

In another event on Friday, American Airlines stated that it has adjourned its services in Caracas and Maracaibo for the time being mentioning safety concerns.

The airline also stated in the announcement that “The safety and security of our team members and customers is always No. 1 and American will not operate to countries we don’t consider safe.”

The airlines came onto this conclusion following the travel warning by the US department provided in this week recommending its citizens to refrain from going to Venezuela “due to crime, civil unrest, poor health infrastructure, and arbitrary arrest and detention of US citizens.”

United States, IDB’s largest shareholder, has stated that funding of billions of dollars from multilateral banks will be required to reconstruct Venezuela’s economy, which has been damaged by many factors like hyperinflation, food and medicine shortages, and a collapse of the country’s power grid.

IDB happens to be the first international financial organization to accept Guaido as the rightful president of Venezuela. A similar stance has been taken by the US and 50 other countries making a claim that re-elections of president Maduro were influenced.

Meanwhile except for IDB, Guaido has not chosen any spokesperson for International Monetary Fund or World Bank and neither of the two organizations as acknowledged him as Venezuela’s rightful next leader.

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