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Archive for December 3rd, 2007

Chavez Constitution Fails

Monday, December 3rd, 2007

Voters rejected the proposed amendments to the constitution 51 to 49 percent.  The new constitution would have eliminated term limits, making it possible for Chavez to rule indefinitely.  The United States is still the single largest buyer of Venezuala’s oil. However, much of the oil is consumed internally.
Petróleos de Venezuela, the state oil company, says […]