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  • Chavez loses vote on new powers in Venezuela

    12/02/2007 9:37:41 PM PST · by james500 · 141 replies · 158+ views
    Reuters ^ | Mon Dec 3, 2007 12:32am ET
    Venezuelan President Hugo Chavez lost a tight vote on Sunday in a referendum on giving him new powers and scrapping term limits on his left-wing rule. The national electoral authority said early on Monday the "No" camp won 51 percent of the vote compared to the pro-Chavez "Yes" camp's 49 percent. It said the trend could not be reserved and declared Chavez the loser. The referendum vote on a raft of reforms would have allowed Chavez to run for reelection indefinitely, control Venezuela's foreign currency reserves, appoint loyalists over regional elected officials and censor the media if he declares an...