Re-elected Hugo Chavez faces likely economic reckoning

Venezuela’s President Hugo Chavez greets his supporters from the Miraflores presidential palace balcony in Caracas, Venezuela, Sunday. Chavez won re-election and a new endorsement of his socialist project Sunday, surviving his closest race yet after a bitter campaign against opposing candidate...

CARACAS, Venezuela (AP) — During his re-election campaign, President Hugo Chavez promised to deepen the “21st century socialism” that has meant an ever-greater state role in the economy. That message won him a surprising 11-percentage point win in what many had thought would be ...

Published: 10/09/2012