Venezuela election: Maduro's Socialists trounced

CARACAS - The opposition in Venezuela has won a majority of seats in the National Assembly, overturning nearly two decades of dominance by the Socialists of President Nicolas Maduro.

Five hours after polling ended, the National Electoral Council announced the opposition had won 99 seats.

President Maduro has admitted defeat, recognising "these adverse results".

It is the worst-ever defeat for the leftist movement founded by former leader Hugo Chavez in 1999.

The Socialists have gained 46 seats, with another 22 yet to be declared.

Results arrived much later than expected, five hours after polls closed. Fireworks erupted over the capital, Caracas, soon after.

Venezuela been hit hard by the continuing low price of oil, its main export. It also has the continent's highest inflation rate.

Mr Maduro has blamed the situation on an "economic war" waged by the opposition.

"We have come with our morals and our ethics to recognize these adverse results, to accept them and to say to our Venezuela that the constitution and democracy have triumphed.

"We have lost a battle today, but the struggle to build a new society is just beginning." - Nicolas Maduro, Venezuela's president and head of the United Socialist Party of Venezuela.

Comments (3)

You have been in power as a party for some 16yrs or so and you still talking about "We have lost a battle today, but the struggle to build a new society is just beginning." Nonsense.

Galore 123 - 7 December 2015

If a country whose former (Chavez) dictator and successor (Maduro) were close allies of RGM, can transition through the ballot, there is hope in our beloved Zimbabwe.

tino16 - 7 December 2015

If we had credible, free and fair elections in Zimbabwe ZPF would lose in the same way . Unfortunately ZPF has mastered the art of stealing elections since 2000 to-date. Nikuv is stationed in Harare to rig elections in Zimbabwe forever.

Baboon - 10 December 2015

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