Tag Archive | "hugo chavez"

Venezuela: First Council of Banco del Sur Ministers Held in Caracas


Signing of Banco del Sur's founding agreement in 2009 (Photo courtesy of Wikipedia)

Signing of Banco del Sur’s founding agreement in 2009 (Photo courtesy of Wikipedia)

Economy ministers of member countries of Banco del Sur are meeting today in Caracas to define the operational details and implementation of this financial institution – a new regional funding entity independent of the International Monetary Fund (IMF) and the World Bank.

Hernán Lorenzino, the minister of economy and public finance of Argentina, Luis Arce, Bolivian minister of economy and Carlos Marcio Cozendey, secretary of international affairs at the Brazilian ministry of finance, have already arrived to the Venezuelan capital.

Paraguay is the only country that has not confirmed the attendance of any representative at the meeting.

Ministers are expected to establish a ‘start date’, when each country will have to make its contribution to the newly founded institution. As a full member and founder, Argentina will provide US$400 million to Banco del Sur.

Days ago, Ricardo Patiño, Ecuadorian foreign affairs minister, had stated that the new bank “can be used to bail out a country, small or big, and meanwhile not have to submit to the dictates and conditions of the IMF.”

Banco del Sur is a result of an initiative by the late leader of Venezuela, Hugo Chávez, and was formalised in February 2007 when he and then Argentine president Néstor Kirchner signed a memorandum of creation, which also included Bolivia, Ecuador, Uruguay, Brazil and Paraguay.

The South American financial institution aims to promote development, economic growth and improvement of infrastructure in all member countries.

The entity’s constitutive agreement establishes that Banco del Sur will have US$20bn of authorised resources and subscribed capital of US$10 billion, with US$7 billion in initial contributions by partner countries. A member contributes according to the capacity of its economy.

The headquarters of Banco del Sur which began preliminary operations on 3rd June is in Caracas, but also has offices in Buenos Aires and La Paz.

Posted in News From Latin America, Round Ups Latin AmericaComments (1)

Venezuela: Retired General Charged For Inciting Post-Election Violence


A Venezuelan court has charged Antonio Rivero, a retired general, with inciting post-election violence in the divided nation.

Authorities believe Rivero was responsible for a wave of violence occurring the day after Nicolas Maduro’s election on 14 April.

Rivero, who was an ally of the former socialist president Hugo Chávez until 2008, was charged with “conspiracy” and “public instigation” at a Caracas court after video evidence showed him helping coordinate protestors in the capital.

“This is part of the persecution the government has carried out, to spread fear,” said opposition leader Henrique Capriles. He also called for Rivero’s release and an end to alleged harassment of his supporters. “If they continue like this, they are going to have to jail eight million Venezuelans,” he added.

Capriles plans to challenge the presidential vote in both the local and international courts, despite the fact that he has not received much support from other Latin American countries.

He has asked for a full vote recount, alleging thousands of irregularities and accusing Maduro of “stealing” the poll. Maduro subsequently called the opposition leader a “fascist” bent on destabilising the OPEC nation.

The President said violence whipped up by the opposition after the vote had included protests outside the home of Tibisay Lucena, head of the election board. The opposition accuses her of taking orders from the ruling Socialist Party.

“Why did they attack her house? Why did the (private) media not denounce this?” Maduro said on Monday. “Sooner rather than later, the feelings of fascist hate will be defeated.”

Posted in News From Latin America, Round Ups Latin AmericaComments (0)

What do you think about the newly elected Venezuelan president Nicolás Maduro?


There were fewer than two percentage points or 235,000 votes of difference between newly elected Venezuelan president Nicolás Maduro and the opposition candidate Henrique Capriles. Maduro won by a very narrow margin, but told the crowds that the result of Sunday’s election was ‘just, legal, and constitutional.’

Maduro has received congratulations from leaders across South America and other continents, but the first one to respond after results were announced was Argentine president Cristina Fernández de Kirchner. “Congratulations to the new president. In memory and as a sign of eternal gratitude to my friend Hugo Chávez,” she stated on Twitter.

President Fernández’s government promises to follow the vision of the late Venezuelan president in regards to forming a united Latin America. Meanwhile, the opposition is being more critical when saying that Maduro is not Chávez, that he is not a leader or a powerful political figure. The election results have put Venezuela in turbulent waters, because almost half of the voters on Sunday expressed the wish to end with the policies of Chavismo.

We hit the streets of Buenos Aires to find out what porteños think of Maduro and what kind of impact his presidency will have on the relations between Argentina and Venezuela.

Photos by Simon Guerra

Mario Palomeque, 52, Gregorio de Laferrère, mechanicHermán Pérez, 35, salesman, San José (Uruguay)

I think it is good to continue with the policy of Chávez and that all nations of Latin America continue with the work from which we can all have some benefits. Especially, we have to end with imperialism. That would be good. Relations between Venezuela and Argentina will stay fine, but with the US not that much. Our main goal should be to stick together, us – the people of Latin America, we obviously should not care about the USA.

 

Karina Hassan, 43, Villa Pueyrredón, clerkJulieta Molina, 24, student, Almagro

If Maduro continues with the projects that were started by Chavéz’s governement, then there will not be any problems. That is the only way for Venezuela to prosper. I think Maduro will consolidate the relations with Argentina, the communication that Venezuela firstly established with Néstor Kirchner and then with Cristina [Fernández de Kirchner] will be even better now that Maduro is the president. Although I would not put my head on a stake for anyone, I believe that Maduro was the best possible choice for Venezuela.

Gabriela Navarro, 43, Villa Crespo, city government officialGabriela Navarro, 43,  City government official, Villa Crespo

Argetines should not opine about Maduro too much. Only Venezuelans know him well enough to do that. But still I think that if he continues with the endorsement of Chávez’s ideas that would be excellent for the whole of Latin America. If I had better knowledge about Venezuelan history I could have made an even stroger judgement. We have to give him time, but probably he will never become who Chávez was. Even though people’s decision should be respected. Maduro will probably continue with all the trading with Argentina, whether we talk about oil or food businesses and he will definitely pursue the idea of a greater and united Latin America. There is a huge lack of that. The tight result between the main candidates shows that they must work together. Maduro should not leave Capriles on the side and especially not his supporters. He will have to consider their wishes and needs as well.

Julieta Molina, 24, Almagro, studentKarina Hassan, 43, clerk, Villa Pueyrredón

Maduro will definitely follow Chávez’s footsteps. This path has always been followed by our president Cristina [Fernández de Kirchner] as well, especially because of the economic cooperation between the countries. If the other candidate, Capriles had won, I do not think the good relations we have would continue. I support socialism, but not the socialism of Chávez, that was more of a totalitarism. Of course it is better that Maduro won the elections. But on the other hand Maduro is not Chávez. We will see how he turns out as the new president. I think we should wait for some of his first actions, if he will in fact do what he has promised to do. And it will be interesting to see how he will cope with the fact that Chávez was such a strong political figure.

Hermán Pérez, 35, San José (Uruguay), salesman in gastronomyMario Palomeque, 52, mechanic, Laferrere

The problem is that Venezuela is more divided than ever, there is no more unity. For a long time everything was focused around this big leader and the lack of this figure has put the relationship between the politicians and the citizens on probation. For anyone it would be a really difficult job to step into the shoes of someone like Chávez. Maduro is a unionist and he has a lot of experience. He has also shown that he has a strong opinion on other countries, but there will not be any problems between Argentina and Venezuela. It is just a continuation of a good and very long relationship and the only thing that the whole Latin America wants is progress, without any influence of capitalism which all over the world is in crisis. All the countries in our region should pursue self-sufficiency and independence, no matter how tough it is. Maduro’s supporters have voted for the continuation of Chávez’s ideas and all the others have voted for a kind of solution of actual and yet unsolved problems: unemployment, lack of food, criminals, murders, drugs, etc. A big part of the middle-class voted for Capriles because he was promising some sense of security and a change of policy. Maduro has everything he needs to become a good president, but the big question is how he will organise the politics. His organisation will be running the country in a different style than Chávez’s, that is certain and we must not forget that they have a lot of power, they are fighters.

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Venezuela Chooses Nicolás Maduro to Fulfill Chávez’s Legacy


In the early hours of Monday morning it was announced that Nicolás Maduro had been democratically elected as the next leader of Venezuela, narrowly winning by 50.66% of the vote ahead of opposition rival Henrique Capriles, who obtained 49.07%. Maduro will serve his presidency until 2019 to complete the six-year term that Hugo Chávez was due to begin in January.

Nicolás Maduro during his presidential campaign.  (Photo courtesy of Nicolás Maduro Facebook)

Nicolás Maduro during his presidential campaign. (Photo courtesy of Nicolás Maduro Facebook)

An impressive 78% of Venezuela’s population turned out on Sunday to choose their new president, but with data showing that Capriles was defeated by only 273,000 votes, the election results only confirm the sharp political polarisation that exists in Venezuelan society. And Sunday’s dramatic turn of events has exasperated the situation further, prompting Capriles to engage in yet another political battle. His narrow defeat on the back of gaining the support of 1.2 million people since October has given his party the ammunition they needed to accuse the government of fraud.

Maduro’s introduction to presidency was never expected to be quiet, but the unforeseen growing strength of the opposition could prove to be a major spanner in the works. Just after the election results were announced, Maduro called for those who did not vote for him to “work together” for the sake of the country.

Chávez’s Legacy

The new president has made his ideology and political plans clear; he will unwaveringly follow in the footsteps of late president Chávez. A figure that, however loved or hated, has forever changed the face of Venezuelan politics. Throughout his 14-year rule, Chavez and his radically left wing political leadership divided the opinions of political leaders and the media around the world. The Western media in particular have not held back with their views on the former president, which have ranged from political critiques to downright hatred. In what could be described as a witch hunt, tabloids around the world have unabashedly attacked every move the socialist president made.

However, despite media opinions about his policies, ‘bullying’ approach, and showman character, there are some indisputable facts. According to the United Nations, under Chávez’s presidency, poverty in Venezuela was cut to 29.5% in 2011, from 49.4% in 1998; education enrolment doubled as many gained access to free tuition; and millions have gained access to free healthcare. Mark Weisbrot, co-director of the US-based Centre for Economic and Policy Research, indicates in a recent article that access to public pensions has also tripled and unemployment is half of what it was when Chávez first came to power.

“Real GDP per capita, which is mostly driven by productivity growth, expanded by 24% since 2004. In the 20 years prior to Chávez, real GDP per person actually fell. The economic situation vastly improved. Poverty and extreme poverty have been reduced dramatically. Today Venezuela has the lowest rate of income inequality in Latin America and the Caribbean.”

According to much of the world’s press, however, Chávez was a “dictator”; an all-seeing all-hearing bully of the Venezuelan state. Even if this were true, it still would not account for the amount of media attention Chávez received over the years, given that real dictatorships such as those of Alexander Lukashenko of Belarus, or Viktor Yanukovych of Ukraine, just to name two examples, receive only a fraction of public scrutiny. But of course, there is less to argue for; these Eastern European countries are not sitting on one of the world’s largest oil reserves.

As part of his Bolivarian Revolution strategy, Chávez antagonised countries and oil giants around the world by keeping a monopoly over Venezuela’s crude oil reserves, limiting exports, oil production, and foreign direct investment. And Maduro, who sees himself not just as Chávez’s political heir, but as his “son”, is promising to honour the former president’s state-led model which tapped oil revenues to distribute wealth among the poor.

Needless to say that the stakes are high for Maduro, who will have to withstand pressure from oil companies and market investors clambering for a slice of the country’s multi-billion dollar oil business. And as the world waits with bated breath to see if the Venezuelan leader is strong enough to lead the Chavista socialist revolution and align a fragmented political coalition, much of the world’s media have already written him off, citing lack of “charisma” and leadership qualities.

Chavismo without Chávez

Venezuela elections (Photo: Luis Carlos Diaz)

Venezuela elections (Photo: Luis Carlos Diaz)

“Maduro must mature to show intellectual leadership as a politician, and I sincerely do not know if he possesses it, beyond having been in a National Union as a deputy leader, foreign affairs minister, and vice president,” says professor Santiago Leiras Ledesma, PhD in Latin American Contemporary Studies.

“The triumph of Maduro will mean a ratification of the major guidelines of the Bolivarian Revolution, both domestically as well as internationally, although it is difficult to think of Maduro as a figure who will have the political projection that Hugo Chávez had. Anyway this ‘Chavismo without Chávez’ should face different challenges resulting from excessive reliance on oil exports, and chronic problems in Venezuela such as shortages [of consumer goods] and urban insecurity, as well as dealing with the complex internal political heirs of Chávez.”

Indeed, Maduro will soon be pressed to address the tense disparity in the coalition of the Partido Socialista Unido de Venezuela (PSUV), a feat that will surely put his strength of character to the test.

“The leadership of the ruling party remains in question; I think that Maduro will have to face two major challenges in the political arena: the challenge of the opponents outside the ranks of the Chavismo, and the challenge of the opposition within the ranks of the Chavismo,” adds Leiras.

Another issue of great urgency is the country’s growing shortages of consumer products – the volume of goods out of stock in supermarkets rose to 20.4% in January, contributing to the 20% annual inflation rate.

Undoubtedly Maduro is going to have his work cut out, and his introduction to presidential life will not be an easy ride. Speaking during last week’s presidential campaign, Maduro admitted that he will be faced with many challenges, “as Chávez himself acknowledged”. He added that his primary objectives will include intensifying efforts to curb crime, confronting the country’s corruption issues, and increasing the minimum wage by 30-40%.

“Latin America today is experiencing a profound political and social renaissance – a second independence – after decades of surrendering its sovereignty and freedom to global powers and transnational interests,” Maduro said. “We’ve lost our extraordinary leader, but his project – built collectively by workers, farmers, women, indigenous peoples, Afro-descendants, and the young – is more alive than ever.”

Only time will tell if Maduro has the political leadership skills to act on Venezuela’s social and economic troubles and win the hearts of his public. But for now, his political ideology, at least, is clear: the Bolivarian socialism that Chávez fought so hard for is set to stay. And for 50.66% of the country’s population, this is very welcome news.

 

What do Argentines think about the election results in Venezuela? Click here to find out.

 

Editor’s note: this article originally stated Capriles had lost by 500,000 votes and that a full recount of the votes would be carried out (as originally reported) and has been corrected.

Posted in Current Affairs, News From Latin America, TOP STORYComments (4)

Venezuela: Maduro Wins Presidential Elections


As announced early this morning, the Venezuelan public electedNicolás Maduro to the presidency with 50.66% of votes. Maduro defeated opposition candidate Henrique Capriles by a margin of 1.5% – a difference of a little over 200,000 votes.

Elections Venezuela (Photo: LuisCarlos Díaz )

Elections Venezuela (Photo: LuisCarlos Díaz )

A march is taking place in Caracas today by Maduro’s supporters welcoming the Chávista into office, while the opposition says it does not recognise Maduro’s win as legitimate and is demanding a recount.

Immediately following the National Electoral Council’s (CNE) announcement of the results six hours after polls were closed in Venezuela, Capriles asserted that he had been rightfully elected to the presidency and called for a recount of every vote.

According to Capriles supporters, some 3,200 “irregularities” need to be accounted for in the pool of recorded votes, along with an investigation into vote counting protocol. He has rejected Maduro’s victory, stating, “In Venezuela there is an illegitimate president.” The politician also tweeted, “The Venezuelan people have a right to audit the elections and to know the truth!”

The country’s presidential elections come 40 days after late president Hugo Chávez’s death.

Last night’s event represents one of the most politically tense elections in the country’s recent history and the culmination of two weeks of campaigning by the two candidates in which Capriles lagged behind in public polls by about 15%.

Posted in News From Latin America, Round Ups Latin AmericaComments (1)

Venezuela: Investigation into Chávez ‘Poisoning’ Claims


800px-Chavez-WSF2005

Hugo Chávez (courtesy of Wikipedia)

Officials are set to investigate claims that the death of president Hugo Chávez was perpetrated by foreign agents.

In an interview with Telesur, a Venezuela based newsprovider for Latin America, caretaker president Nicolás Maduro announced plans to launch an official investigation into the death of the late Hugo Chávez. The commission will be made up panel of top experts and scientists from around the world who will investigate the cancer that caused his passing.

Bolivia’s president Evo Morales also weighed in on the matter last Sunday saying he was “almost entirely convinced that it was a poisoning”. He went on to add that “the empire” (understood to mean the United States) has “all the tools” necessary to carry out such a plan. In his mind, it represents an attempt by Venezuela’s enemies to overthrow “governments and leaders of social movements that are anti-capitalist”.

Maduro affirmed that his type of cancer was unusual, “breaking all the norms of the disease” and pledged to “discover the truth”. In a mystical discourse, Madura cited his “intuition” as leading him to the conclusion that Chávez had been poisoned by “dark forces”.

Oil Minister Rafael Rámirez told the BBC that the United States and Israel were to blame.

The opposition party candidate Henrique Capriles has further added to the speculation surrounding Chávez’s death. Earlier this week he asked, “when did Chávez die?” insinuating that ruling party was concealing an elaborate cover up. Chávez’s daughter, María Gabriela, took to twitter this morning to lay the allegation to rest, writing “my father died fighting, and he died in his homeland on 5th March 2013”.

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Venezuela: President Hugo Chávez Dies


President Hugo Chávez speaks at the 2003 Social Forum in Porto Alegre (photo by Victor Soares/ABr)

President Hugo Chávez speaks at the 2003 Social Forum in Porto Alegre (photo by Victor Soares/ABr)

Venezuelan vice-president Nicolás Maduro announced this afternoon the death of president Hugo Chávez today at 4.45pm local time in Caracas. Chávez was 58 years old and had been battling cancer for over a year and a half.

“This is an immense pain and a historic tragedy that falls upon this country. Commander, wherever you are: thank you, a thousand times thank you, from this people that you protected, to whom you never failed. All we have is the understanding and respect to the greatest peace ideals that Hugo Chávez pursued,” said Maduro during the televised announcement.

The president of the National Assembly Diosdado Cabello will take office as interim president, with a mandate to call for presidential elections within the next 30 days.

Maduro was selected by Chávez himself to continue on with the project of the ‘Bolivarian Revolution’ he initiated in 1998 and which brought profound changes to Venezuela and had great impact in other Latin American countries. He is expected to represent Chávez’s party, PSUV, in the forthcoming election.

Many presidents and international leaders, such as Dilma Rousseff of Brazil, Evo Morales of Bolivia, Enrique Peña Nieto of Mexico, and UN Secretary General Ban-Ki Moon have expressed their condolences over the president’s death. Argentine president Cristina Fernández de Kirchner established three days of mourning and will travel to Caracas tonight.

Lead image by Bernardo Londoy

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Venezuela: Protesters Demand Proof that Chávez is Alive


"LEADERS DIE" - the past does not last - ultimos momentos del librador from Bolivar to Chavez

“LEADERS DIE” – the past does not last – from Bolivar to Chavez by Tjebbe van Tijen / Imaginary Museum Projects, on Flickr

Hundreds of opposition members marched the streets of Caracas yesterday to demand proof that Venezuelan president Hugo Chávez is still alive and ruling.

The announcement from the Venezuelan government on Saturday saying that Chávez is undergoing chemotherapy treatment has sparked doubt that the president is still alive.

Although Chávez returned to Venezuela last month after being treated for cancer in a hospital in Cuba, he has not appeared in public since. According to the Venezuelan government, Chávez is continuing his role as president and making decisions from the Caracas military hospital where he is staying.

The crowd marching the streets, which consisted of members of the Democratic Unity opposition coalition, students, and other pro-opposition parties, waved banners and chanted “give us the truth”, and “stop lying”.

Venezuela is becoming increasingly concerned about the current government’s position after officials have released differing statements about Chávez’s condition, at times saying that he’s recovering, and at others saying he is battling for his life.

One protester told Venezuelan TV network Globovision that the people “just want to know the real situation”. “Is he fit to govern? He is not any man, we have the right to know what’s going on,” said the protester.

Last Thursday the Venezuelan vice president Nicolas Maduro publicly denied reports by CNN Chile that Chávez was dead. CNN said that Chávez had been taken off his life support machine the week before by his daughters.

 

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Venezuela: Vice President Denies Reports of Chávez’ Death


The picture of Chavez and her daughters reading 'Gramma', sent out by authorities of Venezuela to clear out rumours of his death. (Photo coutesy of Government of Venezuela)

The picture of Chavez and her daughters reading ‘Gramma’, sent out by authorities of Venezuela to clear out rumours of his death. (Photo coutesy of Government of Venezuela)

Venezuelan vice president Nicolas Maduro has denied reports by CNN Chile that Venezuelan president Hugo Chávez is dead. The CNN affiliate reported on Wednesday that, according to Guillermo Cochez, Chávez was taken off life support four days before by his daughters. Cochez is the former Panamanian ambassador to the Organization of the American States (OEA).

CNN’s public relations Twitter account (@CNNPR) sent out a message on Wednesday night saying that they could not confirm the reports of Chávez’ death.

Cochez was interviewed on CNN Chile and challenged the Venezuelan government to disprove his claims.

“If they think that I am lying, let them prove otherwise, by showing Chávez alive and well,” he said.

Cochez said that Chávez, who has been undergoing treatment for cancer for more than two months, returned to Venezuela so he could die in his own country. However, Maduro said that Chávez has been performing his executive duties from his hospital bed in Caracas, the capital of Venezuela.

Rumors of Chávez’s death have been spread on the internet previously, including in January when the leader was unable to attend the ceremony where he would be sworn in as president for another term.

Pictures of Chavez with his daughters in Havana, Cuba were released days before the president’s return to Venezuela. Cochez questioned the validity of these photos, some of which appear to show Chavez reading a newspaper from 14th February.

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Venezuela: Government Devalues Currency by 32%


500 Bolívares Front

500 Bolívares Front by abeckstrom, on Flickr

The Venezuelan government has devalued its currency by 32%, changing the exchange rate from 4.3 to 6.3 Bolivar per dollar, effective today. Finance Minister Jorge Giordani announced the decision on 9th February, as ordered by President Hugo Chavez from Cuba, where he is recovering from another bout of cancer surgeries.

The devaluation of the Bolivar is meant to help control the fiscal deficit that almost tripled last year, accounting for 11% of GDP. The decision was also facilitated by an annual inflation rate that jumped to 22.2% in January, accompanied by a spike in food prices. The move should increase the amount of dollars in circulation and aims to close the fiscal gap by increasing the pool of Bolivar that the government brings in from international oil sales.

Giordani commented to local reporters, however, that the Bolivar devaluation was not done principally for fiscal reasons. He stated, “We have sufficient revenue but we need to adjust the accounts. We need an increase in efficiency and efficiency means spending less.”

Specific transactions, including some imports ordered before 15th January, will be finalised at the previous 4.3 Bolivar per dollar exchange rate.

Private estimates state that the Bolivar can now be sold at 19.53 per dollar on the black market, which is often used by Venezuelans due to the short supply of available dollars in official banks.

The devalued Bolivar has a knock on effect on its neighbour Colombia in regards to food sales. As food prices drop in Venezuela, illegal food sales to Colombia could rise. Juan Camilo Restrepo, the Colombian minister of agriculture, stated that a negative aspect of the Bolivar devaluation is its impact on contraband and has asked for increased security forces to be used on the country’s border with Venezuela.

Posted in News From Latin America, Pages Only (Don't Select), Round Ups Latin AmericaComments (1)

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