Word: venezuelanizing
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...record 65% of eligible Venezuelan voters turned up to cast ballots in fiercely contested state and regional elections on Nov. 23. Candidates opposed to leftist President Hugo Chávez won the coveted mayor's post in Caracas as well as governorships in three key states, bringing their total to five and prompting boasts that Chávez's popularity was waning following a failed 2007 bid to extend his presidency. Chávez's Socialist Party remained in control of 17 states, however, which his supporters said reaffirmed Venezuelans' confidence in his leadership...
...road to socialism," Venezuela isn't quite "dressed all in red" this week. Until the vote, the opposition had held only two governor seats. Of the five it won Sunday, three control some of the nation's largest population centers, including western Zulia state, the heart of Venezuelan oil production and home to the country's second largest city, Maracaibo. Perhaps worse for Chávez, the socialists lost the mayor's seat in the largest city, Caracas, the nation's capital - even after Chávez's government had successfully engineered the disqualification of the most popular opposition candidate...
There was more bad news for the embattled government of Argentina's President Cristina Fernández de Kirchner on Monday, when a Miami court convicted a Venezuelan secret agent of attempting to cover up an alleged illegal donation to her 2007 election campaign by Venezuela's leftist President Hugo Chávez. Justice Minister Anibal Fernández accused Venezuelan-American businessman Guido Antonini Wilson, a Key Biscayne resident who collaborated with the FBI to secure the conviction of his former associate Frank Duran in Miami yesterday, of "being paid to say what he says." But that's unlikely...
...rekindle investor interest, at a time when falling oil prices could make the maritime find less attractive to the potential international partners Cuba needs to extract the oil. The effort is all the more urgent, they add, because reduced oil revenues could also make friends like left-wing Venezuelan President Hugo Chávez less able to aid Cuba with cut-rate crude shipments and capital to improve the island's aged refineries. "The Cuba numbers from my point of view are not valid," says Jorge Pinon, an energy fellow at the University of Miami and an expert on Cuba...
...Enter Hugo Chavez, the boastful believer in “21st century socialism†who is eager for Russian economic and military support, just as he has been in the past with Iran and Cuba. Yet in the last year, the Venezuelan president has seen his political star begin to fade: After losing a crucial referendum that would have allowed him to remain in power indefinitely last December, Chavez has attempted to distract Venezuelans’ attention from the dire economic situation at home with a lot of show abroad...