Word: chavezã
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Colombia can only watch in angst and appeal to higher bodies such as the UN Security Council and the Organization of American States because it cannot simply back down to Chavez??s displeasure. The United States’s increasing presence in Colombia could not be the consequence of a more serious issue—contesting and fighting drug cartels, and drugs themselves, at one of their primary sources. Such action will provide a major boost to Colombia’s efforts to combat the forces of the drug cartels and increase the odds of reclaiming territories...
Speaking to celebrities and acting in bad taste in the public eye are disappointing, but ultimately acceptable, outlets for Chavez??s oversized ego. Chavez??s thirst to feel famous, however, should stay out of foreign affairs, especially when this fame comes from the threat of armed conflict...
...high-stakes gamble for absolute political hegemony. With his grip on state power, it would be very hard to remove him democratically once indefinite re-election is constitutionally allowed. So nothing less than Venezuela’s democratic institutions are on the line. But, if Venezuelans manage to reject Chavez??s delusions of autocracy once more, there will most likely be no “next time around...
...increased public sector salaries, a populist move that will only worsen inflationary pressures. Despite the sky-high oil prices, Venezuela is not able to grow its production because the government has used all the money for clientelist programs, rather than securing future investment. Unsurprisingly, less than two years after Chavez??s oil nationalizations, no sound international investor is eager to pour money into Venezuela. And in an election year, this may mean the beginning of the end for “twenty-first century socialism...
...proposed amendments to the Venezuelan constitution represents a welcome reprieve from the country’s (leftward) drift away from democracy. In a December 8th editorial provocatively entitled “Authoritarians in the Andes,” The New York Times celebrated Venezuelans’ rejection of Chavez??s “power grab” ; a few days earlier, our very own paper relayed economist Ricardo Hausman’s call for continued “vigilance” against Chavez??s plan to “creat[e] a totalitarian state...