"Allowing a government that came to power through unconstitutional means to ride out an interim period to the next election and then transfer power would set a perilous precedent," write AS/COA's Christopher Sabatini and AQ blogger Daniel Altschuler. "The [power sharing] deal struck last week offers a responsible, democratic exit from the four-month political crisis in Honduras."

Three months after the coup the Hondruan crisis appears to be peacefully resolved, but the pro-Zelaya Resistencia was not a factor in the compromise.

In the latest issue of Poder, COA Vice President Eric Farnsworth reflects on U.S-Latin American relations since the 1989 invasion of Panama. “The United States has the right to expect others to hold up their end of the bargain,” he writes, saying the Obama administration’s move toward a cooperative approach deserves Latin American reciprocity.

With a U.S. delegation in Tegucigalpa to help resolve Honduras’ ongoing political stalemate, negotiators reached a power-sharing agreement late last week. The deal could resolve the dilemma over deposed leader Manuel Zelaya's reinstatement and pave the way for international recognition in upcoming elections.

Negotiators for deposed Honduran leader Manuel Zelaya and the interim government continue the slow march toward ending the political standoff. The two sides have exchanged proposals to resolve the sticky question of Zelaya's return to power. Meanwhile, the clock keeps ticking down to November presidential elections.

Leaders from the Bolivarian Alliance for the Peoples of the Americas met October 16 and 17 in Cochabamba, where they charted a course for implementing a virtual currency that could replace the dollar in commercial transactions. ALBA also imposed a blockade on Honduras.

As Canada's Minister of State for Foreign Affairs Peter Kent visits Tegucigalpa this week with an OAS delegation, Canadian Senator Pamela Wallin comments on Ottawa's commitment to resolving the Honduran dispute.