Missed Opportunity by Intrade

It's too bad that Intrade never decided to make a contract about Zelaya returning to power in Honduras. It would have been interesting to follow. If Intrade had made a contract, it probably would have expired today at a 100. The New York Times has an update on the political situation there.

By ELISABETH MALKIN
Published: October 30, 2009

MEXICO CITY — A lingering political crisis in Honduras seemed to be nearing an end on Friday after the de facto government agreed to a deal that would allow Manuel Zelaya, the deposed president, to return to office.

The government of Roberto Micheletti, which had refused to let Mr. Zelaya return, signed an agreement with Mr. Zelaya’s negotiators late Thursday that would pave the way for the Honduran Congress to restore the ousted president and allow him to serve out the remaining three months of his term.

U.S. Secretary of State Hillary Rodham Clinton confirmed on Friday that Mr. Zelaya and Mr. Micheletti had approved what she called “an historic agreement.”

“I cannot think of another example of a country in Latin America that, having suffered a rupture of its democratic and constitutional order, overcame such a crisis through negotiation and dialogue,” Mrs. Clinton said Friday in Islamabad, where she has been meeting with Pakistani officials.