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"Another decisive electoral victory for Hugo Chà ¡vez has convinced many Venezuelans in the opposition that his only vulnerabilities are a turn for the worse in the ailing president's health or a sharp drop in oil prices.""The win allows Mr. Chà ¡vez to press ahead with his Socialist revolution, deepening government intervention in the economy, including price controls and nationalizations."
"Observers see him as likely to continue his role as the leading voice against U.S. interests in the region, enhancing alliances with everyone from Tehran to Beijing."
What else would a Murdoch publication say. They have marching orders, salute and obey. So does Carnegie Endowment for International Peace analyst Moises Naim. The Journal writers quoted him saying:
"You have the head of a petrostate with authoritarian propensities who controls the legislative branch, the supreme court, the electoral tribunal and the oil industry which generates 98% of the country's wealth, without any checks and balances."
The entire article wreaked with misinformation. Corporate media scoundrels offer nothing else.
Bloomberg headlined "Chavez Election Victory Signals Accelerated Socialist Revolution," saying:
Since taking office in 1999, "he nationalized more than 1,000 companies or their assets-- Nationalizations were far fewer. He paid fair compensation every time. No one was cheated.
"With voters giving the former paratrooper another six-year term, he'll probably push policies, such as currency controls and takeovers, that have driven away investors"."
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