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...Venezuelan human-rights lawyer and a published poet who reveres Bob Dylan and the writers of America's Beat Generation. But this former Congressman and now two-term governor of Anzoategui, a prime oil-producing state on Venezuela's eastern coast, is also one of President Hugo Chávez's most popular and devoted lieutenants. That means he has lots of issues with the U.S. and is watching President-elect Barack Obama with a hopeful but wary...
...Saab was imprisoned by an opposition mob during a failed 2002 coup against Chávez that the Bush Administration tacitly supported. The State Department refuses to give him a U.S. entry visa, reportedly because it suspects that Saab, who is of Druze Lebanese descent and is an outspoken critic of Israel, has ties to Arab terrorists, a charge he strongly denies. "It goes against everything I stand for," Saab, sitting under a large photo of Chávez, told TIME at his home. The real reason he's barred from America, he insists, is that "Ch...
...region is ready for a fresh start: the sheer fact that los yanquis elected a liberal African American as President has already done a good deal to alter Uncle Sam's image in Latin America, even among leftists. None other than Chávez said last month that "there are winds in favor of relations between the Venezuelan government and the new President of the U.S." Cuban President Raúl Castro has said much the same. The amiability turned sour this weekend, however, when Chávez, reacting to a new Univision interview with Obama in which the President...
...Halfway around the world, Venezuela's President Hugo Chávez is confronting a similar predicament. Two years after Chávez won his third term, Venezuela faces a deep recession. The price Caracas gets for its oil has dropped some 70% since July to about $31 a barrel. That has left Chávez with about half the money he budgeted to spend in 2009, and doesn't take into account the millions of dollars Venezuela will lose each month if it abides by recently agreed OPEC production cuts...
...Despite all that, Chávez vows to keep spending, especially on social programs such as public housing and health. He has also flaunted his petro-wealth over the past few years, by giving money and free oil to allies like Bolivia and Cuba. Such generosity may be unsustainable, as Chávez is discovering. He provided cheap heating oil to poor Americans in New York, Massachusetts and elsewhere until last week, when Venezuela's financial meltdown forced him to scrap the program...