From the Executive Digest:
Honduras: Micheletti Urges Further Talks – 30 July 0900

Interim President Roberto Micheletti is reported to be pressing Costa Rican president Oscar Arias to reopen talks on resolving the crisis that has arisen over the 28 June ouster of leftist president Manuel Zelaya. Reportedly, he has suggested that Arias send Enrique V. Iglesias, a former president of the Inter-American Development Bank, to Honduras to begin a dialogue with “all sectors of civil society.”

The interim government seems to be seeking a deal that would abrogate the arrest order against Zelaya, and allow him to return to Honduras, but not as president. It also apparently is offering to move up the date of the next presidential election, which currently is scheduled for November, and Micheletti appears to be prepared to resign and turn over the reins of government to another person, perhaps a judge acceptable to both sides.

The interim government is not feeling domestic pressure, since pro-Zelaya protests have dwindled. It is, however, feeling international pressure, with the United States this week having cancelled the diplomatic visas of four of its members. The Obama administration also has cut off $16.5 million in military aid, and has threatened, but not enacted, economic sanctions.

Zelaya, meanwhile, remains in Nicaragua. He put a foot on Honduran soil 24 and 25 July but quickly returned to the Nicaraguan border town of Ocotal, where he remains ensconced with a dwindling band of followers.

Zelaya and his chief backer, Venezuelan strongman Hugo Chavez, have stepped up their criticism of Washington, saying that it was “stalling” the ousted president’s return. Chavez has referred to mediation efforts by Costa Rican president Oscar Arias as a trap organized by the Obama administration.