Word: venezuelanizing
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...image in much of Latin America has taken quite a beating this year, with Venezuelan leftist leader Hugo Chavez and his counterpart in Bolivia, Evo Morales, engaging in a heated war of words with their neighbor to the north. But one particular U.S. institution already notorious throughout the continent is increasingly feeling itself under...
ELECTED. Alan Garcia, 57, President of Peru from 1985 to 1990; to a new term as President, in a victory over fellow leftist Ollanta Humala, an ally of Venezuelan leader Hugo Chávez; in Lima. By choosing Garcia-whose earlier tenure saw the explosion of guerrilla violence and 7,500% inflation-many Peruvians said they were rejecting the anti-Americanism of Chávez, whom Garcia dubbed a "midget dictator with a big wallet...
ELECTED. Alan Garcia, 57, President of Peru from 1985 to 1990; to a new term as President, in a victory over fellow leftist Ollanta Humala, an ally of Venezuelan leader Hugo Chavez's; in Lima. By choosing Garcia--whose earlier tenure saw the explosion of guerrilla violence and 7,500% inflation--many Peruvians said they were rejecting the anti-Americanism of Chavez, whom Garcia dubbed a "midget dictator with a big wallet...
...This is the decision," he booms, totally avoiding Humala's name in nearly an hour on the stump. Garcìa and Chávez have been trading insults for months, since the Venezuelan leader began openly supporting Humala and attacking Garcìa, other candidates and Peruvian President Alejandro Toledo. "Hugo Chávez is helping us every time he speaks. And Humala does not understand this," says Enrique Cornejo, Garcìa's chief economic advisor...
...them with regard to energy policy." At the same time, he adds, "Americans should remember that when your Congress asked the international oil companies last fall to step up and provide subsidized heating fuel oil to poor residents in the U.S., only Citgo" - the oil firm owned by the Venezuelan government - "did so, despite the enormous profits the U.S. oil companies are making today...