Word: chavezes
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BANK OF THE SOUTH First the Paul Wolfowitz scandal, and now this: at the end of the month, "Banco del Sur" will launch as a direct competitor to the World Bank, at least in South America. The brainchild of Venezuela's President Hugo Chavez, who has long railed against the meddling of the Washington-dominated World Bank and IMF, the development bank got a credibility boost when Brazil, Argentina and others signed on as founding members. With the region's new oil wealth, the dream of locally funding big infrastructure projects without First World interference may be closer than ever...
...want to see you back in uniform. That's an order.' HUGO CHAVEZ, Venezuelan President, urging ailing Cuban leader Fidel Castro to bring back the fatigues El Comandante was once known for. Castro, who has not appeared in public in 10 months, has only been seen in recent photos wearing tracksuits...
...been known to behave more as political actors than objective observers. Still, other leading privately owned networks such as Venevision have allayed their criticism of the government. Local journalists say that a media law that increases penalties for slander has encouraged self-censorship. And even media owners soft on Chavez admit that the constant pro-government trailers and late-night slandering of the opposition on the main state-run channel, Venezolana de Television, is little more than propaganda. The international response hasn't been favorable either, as the European Union and the U.S. Senate have expressed concern...
...Only hours after RCTV went off the air, the government was already threatening Globovision, the lone opposition TV holdout. Information minister Willian Lara announced Monday that the government would investigate the channel for allegedly inciting an assassination attempt on Chavez. As evidence, he showed footage of a 1981 assassination attempt on Pope John Paul II accompanied by Salsa star Ruben Blades singing "Have faith, this does not stop here." Lara also accused CNN of inciting violence against Chavez and "campaigning against Venezuela" by showing Chavez's image next to a picture of an al-Qaeda leader. On Tuesday...
...Paradoxically, only four years ago, Chavez praised CNN for being the first media to report that he had not given in to the coup. As for Venezuela's private TV channels, Chavez may never have gained the popularity he needed to be elected president if it weren't for the spotlight that they gave him after he led a failed coup d'etat against the government in 1992. His brief speech, including the famous comment that "For now, the objective that we set out was not achieved," helped him become a national hero and doubtless assisted him when...