updated 11/7/2006 11:43:28 AM ET 2006-11-07T16:43:28
BREAKING NEWS

Panama won a seat on the U.N. Security Council on the 48th ballot Tuesday after U.S.-backed Guatemala and Venezuela, led by leftist anti-American President Hugo Chavez, dropped out to end a deadlock.

Panama got 164 votes in the 192-member U.N. General Assembly, more than the 120 needed to win a two-year term starting Jan. 1 on the U.N.’s most powerful body.

Please check back on this developing story.

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