Word: vez
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...Venezuelan human-rights lawyer and a published poet who reveres Bob Dylan and the writers of America's Beat Generation. But this former Congressman and now two-term governor of Anzoategui, a prime oil-producing state on Venezuela's eastern coast, is also one of President Hugo Chávez's most popular and devoted lieutenants. That means he has lots of issues with the U.S. and is watching President-elect Barack Obama with a hopeful but wary...
...Moreover, those leaders in Latin America who cite Cuba as their inspiration seem only to be moved by a similar sense of hypocrisy. Venezuelan President Hugo Chávez is a case in point. In honor of the 50th anniversary some days ago, he pledged to fly the Cuban flag forever, next to the mausoleum of Simón Bolívar, a key independence fighter of the 1810s. He said: “Cuba is part of this nation, of this union.” But in truth, Chávez’s regime is rooted...
...Halfway around the world, Venezuela's President Hugo Chávez is confronting a similar predicament. Two years after Chávez won his third term, Venezuela faces a deep recession. The price Caracas gets for its oil has dropped some 70% since July to about $31 a barrel. That has left Chávez with about half the money he budgeted to spend in 2009, and doesn't take into account the millions of dollars Venezuela will lose each month if it abides by recently agreed OPEC production cuts...
...Despite all that, Chávez vows to keep spending, especially on social programs such as public housing and health. He has also flaunted his petro-wealth over the past few years, by giving money and free oil to allies like Bolivia and Cuba. Such generosity may be unsustainable, as Chávez is discovering. He provided cheap heating oil to poor Americans in New York, Massachusetts and elsewhere until last week, when Venezuela's financial meltdown forced him to scrap the program...
...hardly a surprise that he's pulling out of our economy now that he's crashed his own.' LARRY NEAL, of the House Energy and Commerce Committee, blasting Venezuelan President Hugo Chvez for bringing his rich-vs.-poor politics...