Reuters - Venezuela's flamboyant socialist leader Hugo Chavez said on Thursday he had surgery to remove a cancerous tumor, presenting a serious challenge to his near-total dominance of the South American OPEC nation since 1999.
Back in 2011, BlackRock's Larry Fink revealed one of the great unspoken truths of capital markets, namely that "markets like totalitarian governments." They also like authoritarian socialism, sprinkled in with a healthy dose of nationalization, because as Bloomberg reports, one of the biggest beneficiaries of over ten years of the "glorious socialist revolution" in Venezuela, coupled with over 1000 nationalizations by the bed-ridden and roughly 15 times deceased Hugo Cha
Caracas (AFP) - A Venezuelan opposition leader was shot dead during an election rally, political leaders said Thursday, raising tensions ahead of a legislative vote that could weaken the major oil producer's socialist government.
The people of Venezuela can rejoice... not so fast. Amid paranoid-sounding (though not unlikely) rantings about US-created coups (and blaming 'economic' war for his nation's Socialist utopia hyperinflation), it appears President Maduro just got another life-line (or more rope to hang himself).
Venezuelan President Hugo Chavez returned to Venezuela early Monday, officials said, after a controversial extended stay in Cuba where he underwent surgery to remove a cancerous tumor."We got here as the sun was rising. So very happy to be back home," Chavez said on Venezuelan state television as he arrived in time for July 5 bicentennial celebrations.
As Latin American leaders offered tributes to Venezuelan President Hugo Chavez after his death Tuesday, a distinctly different tone emerged in the Northern hemisphere. “Good riddance to this dictator,” said Ed Royce, a California Republican and chairman of the House Committee on Foreign Affairs.
Chavez was “a tyrant who forced the people of Venezuela to live in fear,” Royce said in statement shortly after the socialist leader’s death. “His death dents the alliance of anti-U.S. leftist leaders in South America.”
CARACAS, Venezuela — President Hugo Chavez is breathing with greater difficulty as a new and severe respiratory infection has taken hold, Venezuela’s government said, describing the cancer-stricken president’s condition as “very delicate.”
A brief statement read on national television by Communications Minister Ernesto Villegas late Monday carried the sobering news about the charismatic 58-year-old socialist leader’s deteriorating health.
Venezuelan Vice President Elias Jaua said Sunday that President Hugo Chavez was not in danger of losing his life after surgery to remove a cancerous tumor, and hopes to recover in time for next year's presidential election.The tumor has "never been life threatening," Jaua insisted to the El Universal newspaper, in a bid to contain the shockwaves felt over the firebrand leader's surprise announcement from Cuba last week that he had the tumor removed.