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Overseas, the threat to Exxon is even greater. Incoming Venezuelan President Carlos Andres Perez has pledged to take over all foreign oil concessions, including plants and equipment, long before present agreements expire in 1983. The Saudi Arabian government has already bought 25% of Aramco, has negotiated an agreement to take over 51% by 1982, and will probably exert control much sooner...

Author: /time Magazine | Title: OIL: Exxon: Testing the International Tiger | 2/18/1974 | See Source »

...continent increasingly coming under the control of military rule, Venezuela is proving to be refreshingly addicted to the practice of democracy. For the fourth time since the overthrow of Dictator Marcos Perez Jimenez almost 16 years ago, Venezuelans trooped peaceably to the polls last week to elect a new President to a five-year term. The winner, with 48% of the vote-a near landslide by local standards-was Carlos Andres Perez, 51, a tough ex-Minister of the Interior and standard-bearer of the center-left Democratic Action Party. He immediately announced that he would not cut back...

Author: /time Magazine | Title: VENEZUELA: The Votes Still Count | 12/24/1973 | See Source »

...time 4.2 million Venezuelans had voted, most of the issues had given way to a personality contest in an American-style election campaign that officially lasted almost two years and cost the country a minimum of $30 million −nearly $7 a vote. Perez and his closest rival, Lorenzo Fernandez of the ruling COPEI (Social Christian party), who won about 37% of the vote, both relied heavily on U.S. consulting firms to build their images...

Author: /time Magazine | Title: VENEZUELA: The Votes Still Count | 12/24/1973 | See Source »

...trend toward a two-party system that, if it continues, could give the country a more stable political system. Of the eleven countries in South America, Venezuela along with Colombia, and possibly Argentina, are the only working democracies. The big loser in the election was former Dictator Perez Jimenez, who had called on his followers to boycott the balloting. The only candidate supporting Perez Jimenez received a minuscule .68% of the vote, a showing so poor that many now believe that Jimenez is finished as a political force in Venezuela...

Author: /time Magazine | Title: VENEZUELA: The Votes Still Count | 12/24/1973 | See Source »

...believable character who does not need the script's occasional overkill in what the trade calls "heart" scenes. Samples: an oh-so-wistful, what's-life-all-about dialogue in a confessional in the first episode; a painfully prolonged avowal of friendship for Co-Star José Perez in another. The infectiously funny Perez, as one of Calucci's handful of oddball employees, is the show's second asset. He is a perfect foil for Coco's brand of gentle humor, and steals a star's share of the laughs himself with his ongoing...

Author: /time Magazine | Title: Show Business: Viewpoints | 10/29/1973 | See Source »

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