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Why Guatemala’s president isn’t laughing any more

Tuesday, October 3, 2017


Guatemalan President Jimmy Morales, a comic who won office in 2015 on an anti-corruption platform, is entangled in a political crisis that threatens his presidency. The saga in Central America’s largest economy began in August when prosecutors announced they’d launched a preliminary investigation into Morales for accepting illegal campaign contributions. Morales attempted to expel a chief investigator in the case and now faces additional accusations of wrongdoing.

He’s so far defeated bids in Congress to strip his immunity from prosecution, but anti-government protests have grown and his support in the legislature has dwindled.

Source: Bloomberg