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Rivals trade barbs as election to succeed Chavez starts CARACAS: Venezuela has entered a bitter election race to succeed Hugo Chavez, with his chosen successor branding his challenger a "fascist" after the opposition candidate accused him of exploiting the late leader's death.   Henrique Capriles accepted Sunday the nomination of the main opposition coalition for the April 14 election, immediately launching a broadside against acting President Nicolas Maduro by accusing him of being "sick with power."   "Nicolas, I won't leave you an open path, mate. You are going to have to defeat me with votes," said Capriles, who lost to Chavez in the October presidential election by 11 points and faces an uphill battle against Maduro.   Chavez, whose socialist revolution divided his oil-rich nation, is casting a huge shadow in the election, with throngs of supporters flocking to see his body lying in state since Wednesday at a Caracas military academy.   Maduro says the government will embalm Chavez's body to be viewed "like Lenin" ...

Venezuela election race starts CARACAS: Venezuela has fired the starting gun in a highly charged election race likely to pit Hugo Chavez's preferred successor, acting President Nicolas Maduro, against centrist opposition leader Henrique Capriles.   The pair have until Monday to register their candidacy for the April 14 vote, which will determine whether Chavez's self-styled nationalist-socialist revolution will live on in the OPEC nation, home to the world's largest proven oil reserves.   Chavez died on Tuesday at age 58 after a two-year ...
As Venezuelans mourn Chavez, election expected in April CARACAS: Venezuela will likely hold a presidential election in mid-April, sources said on Saturday, as acting President Nicolas Maduro tries to benefit from an emotional outpouring for his late mentor, Hugo Chavez, and step into his shoes.Multiple sources from the opposition and election board said April 14 was the probable date, though some in the government were pushing for the symbolic April 13 anniversary of Chavez's return to power after a short-lived 2002 coup. Maduro, ...
Venezuela CARACAS: Venezuela's acting President Nicolas Maduro urged the national electoral council on Friday to "immediately" call an election to succeed late leader Hugo Chavez.After he was sworn in at the National Assembly, Maduro said he officially asked council president Tibisay Lucena to "immediately convene presidential elections."Copyright AFP (Agence France-Presse), 2013 ...
World leaders at Chavez funeral: Who CARACAS: The gaggle of world leaders paying their last respects to Venezuelan President Hugo Chavez on Friday features a Who's Who list of US foes: Cuba's communist leader, Iran's nuclear provocateur and "Europe's last dictator."The late firebrand leftist cultivated close ties with a slew of anti-US regimes over his 14 years in power, trading weapons and oil to form an alternative bloc against the capitalist "empire."His political heir, Nicolas Maduro, was instrumental in building those ...
Chavez lies in state with open casket for farewell CARACAS: Venezuelans filed past the open casket of late President Hugo Chavez as he lay in state Wednesday after throngs of weeping loyalists gave the firebrand leftist a rousing farewell on the streets.As Venezuelans began three days of goodbyes, an election to succeed Chavez loomed not far in the distance, as the curtain came down on a 14-year socialist presidency that heightened tensions between the poor and the wealthy in the oil-rich nation.Hundreds of thousands ...
Chavez remains arrive at military academy   CARACAS: The remains of Venezuela's late president Hugo Chavez arrived Wednesday at the military academy in Caracas where his coffin will lie in state for three days.   The hearse crossed the academy's gate after a seven-hour procession through the streets of the capital Caracas, accompanied by his family, senior officials and hundreds of thousands of weeping supporters.   Copyright AFP (Agence France-Presse), 2013 ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln