VIO News Blog

December 1, 2008

Venezuela Hosts ALBA Summit for Latin American Regional Cooperation

President Chavez proposed a common currency for nations at last week’s summit of ALBA (the Bolivarian Alternative for the Americas). According to Bloomberg, he urged regional, cooperative solutions to financial troubles and less dependence on the IMF and World Bank. At the meeting were the leaders of Ecuador, Bolivia, Nicaragua, Honduras, Cuba, and Dominica (see image at right). Mainstream media coverage of the event was very limited.

Venezuela begins joint naval exercises with Russia today, the AP reports. Presidents Chavez and Medvedev signed several accords on oil and nuclear energy. A New York Times article suggests that such plans may go nowhere, contrary to evidence of greater cooperation. Reuters reports that the Venezuelan leader told his Russian counterpart, “Our mission is a mission of peace, you are leading us to the balanced multi-polar world.”

News comes today that President Chavez, whose approval ratings are at 55 percent by modest estimates, urged supporters to organize if they wish him to have a chance at reelection in 2012. The current constitution allows two term limits, but legislation has been proposed to allow presidents to run for office beyond that point. The media portrays this as a bid by Chavez to become “president-for-life,” ignoring the fact that Venezuela would remain a democratic country guided by electoral competition. Reelection was one of 69 items included in a set of constitutional reforms that lost narrowly in a referendum last year. Chavez said that he would no longer put forth such legislation, but that voters have the right to bring about a new referendum on the issue if they gather signatures. Voters pushed a referendum on Chavez’s presidency in 2004, which he won with 59% support.

A New York Times editorial offers advice on Latin America for the Obama administration. Though the paper generally claims the U.S. has successfully “ignored” Venezuela, this time it recognizes — and laments — the Bush administration’s support for the failed coup against Chavez in 2002. The Times also insists that Venezuela’s Chavez is “corrupt and autocratic,” despite recent democratic elections deemed exemplary by the OAS, and predicts declining influence for Venezuela in the region, hinting that it will lose economic clout. Many credible experts, on the other hand, have said that Venezuela will remain a robust economy despite lowered oil prices.

Colombia recalled its consul in Venezuela’s second-largest city of Maracaibo on Sunday after he was chastised for making statements against the government. In comments aired on TV, the consul said the election of opposition governors in Zulia and Tachira was “very good news” and called one of the governors a “a very, very special friend,” according to Bloomberg.

Finally, Colombia’s Ingrid Betancourt is on tour to thank the Latin America leaders who helped her escape captivity from the FARC, including President Chavez. The Venezuelan leader negotiated the release of six hostages this year, and was a vocal advocate for Betancourt.

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