Now it's IST 01:19:39 PM Saturday
Kerry victory could help Venezuela-U.S. ties-Chavez
CARACAS, Venezuela, Aug 7 (Reuters) Venezuelan President Hugo Chavez said on Friday he hoped ties between his country and its biggest oil client the United States would improve dramatically if Democrat John Kerry won the U.S. presidential election in November.
Left-winger Chavez faces a referendum on his own rule on Aug. 15 and has accused Republican U.S. President George W. Bush of backing opposition efforts to overthrow him. The Bush administration denies this charge but has strongly supported the Venezuelan referendum process.
''If Mr Kerry wins, we hope that a new stage in relations can begin, of frank, sincere and friendly cooperation between the two governments,'' Chavez yesterday said during a ceremony awarding a gas development license to U.S. oil firm ChevronTexaco Corp.
Venezuela, the world's No. 5 oil exporter, remains one of the top suppliers of crude oil to the U.S. market and U.S. firms are leading investors in its oil and gas sector.
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http://www.deepikaglobal.com/latestnews.asp?ncode=18786~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Loathed by the rich
Why Hugo Chávez is heading for a stunning victory
Richard Gott in Caracas
Saturday August 7, 2004
The Guardian
To the dismay of opposition groups in Venezuela, and to the surprise of international observers gathering in Caracas, President Hugo Chávez is about to secure a stunning victory on August 15, in a referendum designed to lead to his overthrow.
First elected in 1998 as a barely known colonel, armed with little more than revolutionary rhetoric and a moderate social-democratic programme, Chávez has become the leader of the emerging opposition in Latin America to the neo-liberal hegemony of the United States. Closely allied to Fidel Castro, he rivals the Cuban leader in his fierce denunciations of George Bush, a strategy that goes down well with the great majority of the population of Latin America, where only the elites welcome the economic and political recipes devised in Washington.
While Chávez has retained his popularity after nearly six years as president, support for overtly pro-US leaders in Latin America, such as Vicente Fox in Mexico and Alejandro Toledo in Peru, has dwindled to nothing. Even the fence-sitting President Lula in Brazil is struggling in the polls. The news that Chávez will win this month's referendum will be bleakly received in Washington.
Chávez came to power after the traditional political system in Venezuela had self-destructed during the 1990s. But the remnants of the ancien régime, notably those entrenched in the media, have kept up a steady fight against him, in a country where racist antipathies inherited from the colonial era are never far from the surface. Chávez, with his black and Indian features and an accent that betrays his provincial origins, goes down well in the shanty towns, but is loathed by those in the rich white suburbs who fear he has mobilised the impoverished majority against them.
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http://www.guardian.co.uk/comment/story/0,3604,1278213,00.html