Word: venezuela
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Dates: during 2000-2009
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...VENEZUELA Chavez On The Edge President Hugo Chávez was pushed even further into a corner as the U.S. joined his domestic opponents in calling for early elections. Chávez insisted he wouldn't be cowed by a lengthy general strike that has brought the economy close to collapse, but he was fast running out of options - and outside support. A White House statement said early elections were the only "peaceful, viable" way to end the political and economic crisis. Banks, supermarkets and the vital oil industry have all been seriously affected by the strike, which began...
Frank Ruppen was a jet-setting marketing executive dispatched to Australia, Japan and Venezuela by a string of brand-name employers--until the economy soured, and he was dispatched to the street. The Harvard M.B.A. hit the job market with confidence this spring, but after months of rejection, he decided on what he calls "guerrilla tactics." Ruppen, 45, milled around a midtown Manhattan sidewalk in shirtsleeves, spectacles and a sandwich board with 20 other jobless executives last week. Standing firm amid the lunch-break crush, he shouted, "We want work...
...White House "wouldn't be doing that if it hadn't decided that we have to deal with this guy," says a U.S. official in Latin America. Venezuelan Foreign Minister Roy Chaderton Matos, concurs: "Our channels of communication [with the U.S.] are suddenly multiplying now." So much so that Venezuela, which already exports 1.54 million bbl. a day to the U.S., has just begun negotiating a 20-year oil-delivery deal with Washington and just opened its vast natural gas fields to about $4 billion worth of U.S. and foreign investment. Still, the U.S. does not expect an easy partnership...
...Court ruling that exonerated the military officers who led last April's coup was dubious, it's hard to image that Lincoln - or Simon Bolivar, the 19th-century "Liberator" of South America who is Chavez's demigod hero - would have approved of his virulent campaign to remove the justices. "Venezuela is sitting on a barrel of gunpowder," warns Carlos Ortega, who is head of the nation's largest labor union but has become one of Chavez's fiercest opponents. "People can't take this anymore...
...polls say Chavez, whose term ends in 2007, would win a referendum on his presidency, which, under Venezuela's new constitution, he is not required to call until next August. The impoverished masses who march for him, and who had little if no voice in pre-Chavez Venezuela, are the key to his resilience, just as Brazil's exasperated poor, fed up with the unfulfilled promises of a decade of capitalist reforms in Latin America, are likely to vote Workers Party candidate Luiz Inacio Lula da Silva into the presidency next week. "The oligarchs in this country just want...