Venezuelans give a ‘yes’ vote to President Hugo Chavez seeking to extend his term in office and bolstering support for his Socialist party. Preliminary results in a referendum vote conducted Sunday showed that 54.36 percent of voters approved a constitutional amendment to scrap electoral term limits, the National Electoral Council president Tibisay Lucena said early […]
Tag Archives: Chavez
MARACAIBO, July 13 (Reuters) – Venezuelan President Hugo Chavez said on Sunday oil prices could hit $300 per barrel if U.S. oil company Exxon Mobil again freezes Venezuelan assets in a dispute over a nationalized oil project. Exxon (XOM.N: Quote, Profile, Research) won court orders freezing $12 billion in assets held by Venezuelan state oil […]
It is snowing this morning… winter is not over; in fact the worst weather of the year may still be ahead. Yesterday, the Dow held steady, after falling 315 points on Friday. Gold rose again – another $11… to $986. It looks like $1,000 gold is only days away, which means that $2,000 gold can’t […]
Venezuelan President Hugo Chavez urged his Latin American allies on Saturday to begin withdrawing billions of dollars in international reserves from U.S. banks, warning of a looming U.S. economic crisis.Chavez made the suggestion as he hosted a summit aimed at boosting Latin American integration and rolling back U.S. influence. “We should start to bring our […]
