Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Another term for Chavez  Join our daily free Newsletter

MENAFN - Khaleej Times - 09/10/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093567458%26title%3dAnother-term-for-Chavez Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093567458%26title%3dAnother-term-for-Chavez Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - Khaleej Times) IN 1999, newly elected Venezuelan President Hugo Chavez promised his people that he will lead the Bolivarian revolution- a term inspired by the 19th century Latin American cult revolutionary Simon Bolivar.

Thirteen years later, after triumphing at the presidential polls for the third consecutive time, Chavez is vociferously chanting the same populist slogan that his entire political career rests on. In one of the tightest electoral races, Chavez defeated his rival Henrique Capriles with 54 per cent of the presidential vote that witnessed a countrywide turnout of roughly 81 per cent. For another six years, the 58-year-old leader will be at the helm of affairs in Venezuela.

Chavez might be touting his victory as "perfect", but the truth is that the first time in the new millennium, a substantial percentage of Venezuelans actually voted against him. It seems the appeal of his populist appeal is finally ebbing. Since the last decade, Chavez has been a very important figure in Latin American politics; his popularity during the 21st century have matched Fidel Castro's. In fact, he heralded the revival of socialism in Latin America; later on, leftist leaders like Eva Morales and Rafael Correa were elected as presidents in Bolivia and Ecuador respectively. But it appears that many Venezuelans are tired of his fiery rhetoric and anti-Western disposition. It is true that Chavez changed Venezuela drastically- and for the better, in many ways. Due to the high prices of oil, he has been able to sustain a mammoth social welfare programme, comprising healthcare, public housing and educational schemes. But corruption, criminality and bureaucratic inefficiencies have also become rampant during his tenure.

Moreover, Chavez has concentrated power in his hands over the years, and has shown a strong unwillingness to ever give it up. His own United Socialist Party appears to have no political heirs who can succeed the influential president in the near future. Even poor health did not flounder his grip on power. Last year, Chavez announced that he has cancer and even though the exact details of his disease remain unknown, the President alleges that he has now fully recovered and is ready for his presidential duties. And yet again, the controversial leader has achieved his goal for continuing his role as the paramount leader. In his victory speech, the self-professed anti-imperialist has promised to be a better president. And he better do that - otherwise, the legacy of his Bolivarian revolution will fail to impress future generations.

 






  MENA News Headlines
May 23 2013IMF chief grilled in Paris court over 2007 payout scandal ,AFP
(MENAFN - AFP) IMF chief Christine Lagarde faces another day of questioning after being grilled for hours Thursday by French prosecutors who are deciding if she should be charged over a state ...

May 23 2013Oil recovers after dive on Chinese data ,AFP
(MENAFN - AFP) Global oil prices closed little changed Thursday, recovering from sharper losses earlier in the day after weak Chinese manufacturing data. New York's main contract, West Texas ...

May 23 2013Researcher admits mistakes in stem cell study ,AFP
(MENAFN - AFP) A blockbuster study in which US researchers reported that they had turned human skin cells into embryonic stem cells contained errors, its lead author has acknowledged. Shoukhrat ...

May 23 20135,000 cave paintings discovered in Mexico ,AFP
(MENAFN - AFP) Archeologists have found nearly 5,000 cave paintings made by hunter-gatherers in a northeastern Mexico mountain range where pre-Hispanic groups were not known to have existed. The ...

May 23 2013Germany 'most popular country' in the world: poll ,AFP
(MENAFN - AFP) Germany is the most popular country in the world despite well-publicised protests against its insistence on austerity measures within the European Union, an annual poll for the BBC ...

May 23 2013NYSE says to spin off, not sell Euronext ,AFP
(MENAFN - AFP) NYSE Euronext with spin off European stock exchange group Euronext via an initial public offer rather than sell it following its merger with InterContinentalExchange (ICE), a senior ...

May 23 2013Softbank yields to US security concerns on Sprint ,AFP
(MENAFN - AFP) Amid a heated takeover battle for US wireless carrier Sprint, Japan's Softbank has taken unusual steps to allay national security concerns about the deal, but a rival bid claims this ...

May 23 2013China clears Boeing 787s for nation's airlines: Boeing ,AFP
(MENAFN - AFP) Chinese regulators have approved the Boeing 787 to fly in the country, Boeing said Thursday, a move that opens up a large potential market to the US aerospace giant. "I can confirm ...

May 23 2013H7N9 bird flu can spread in mammals: study ,AFP
(MENAFN - AFP) The H7N9 strain of bird flu can spread among ferrets and could do the same among humans under certain conditions, according to lab animal studies on the virus published Thursday. So ...

May 23 2013UN sees weak economic recovery this year ,AFP
(MENAFN - AFP) The world economy should start to make a weak recovery this year, but the United Nations said Thursday that Japan faces "risks" with its pump-priming spending and saw no end to ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help