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Venezuela to Lower Phone Rates 20% Following Nationalization

With the swearing in of the new board of directors for Venezuela’s main telecommunications company CANTV, which was recently nationalized, President Hugo Chavez declared that phone rates would be lowered by as much as 20%, among a number of other changes.

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Pro and Con Demonstrations Over Venezuelan TV Station’s Demise

The rising controversy surrounding the case of RCTV, the private Venezuelan TV channel whose broadcast license expires next week, could be seen in the streets of the Venezuelan capital yesterday and Sunday.

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Venezuela’s President Chavez Tells Pope to Apologize to Indigenous Peoples

Venezuela’s President Hugo Chavez called on Pope Benedict XVI to apologize to the indigenous people of Latin America for his comments on the supposedly benign evangelization of the region.

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Venezuela Allocates $18 Million for Danny Glover Film on Slave Revolt

Venezuela's National Assembly is to give the U.S. actor Danny Glover almost $18m (£9m) to make a film about Toussaint Louverture, an iconic figure in the Caribbean who led an 18th-century slave revolt in Haiti.

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Venezuelan Supreme Court Rejects RCTV Petition

Venezuela’s Supreme Court declared "inadmissible" on Thursday the request of RCTV President Marcel Granier to issue an injunction against President Chavez’s decision not to renew his station’s broadcast license, which expires May 27th.

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Venezuela Invests US$20 Billion in Development Projects

Venezuelan Finance Minister Rodrigo Cabezas reported to the National Assembly yesterday that the National Development Fund (Fonden) has received a total of US$ 27.3 billion from the Central Bank and PDVSA, of which US$ 20.2 billion have been invested in public projects.

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EU Congresswoman: No Resolution Against Venezuela in RCTV Case

The Vice-Chair of the European Parliament’s Freedom Commission, Giusto Catania, ruled out that the EU Parliament would pass a resolution against Venezuela in the RCTV case. Opposition leaders have been lobbying European Parliamentarians for a resolution against Chavez’s decision not to renew the TV license.

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Venezuela’s Supreme Court to Rule On "Politicization" of Military

Members of the opposition organization Democratic Parliamentary Forum filed a case against Venezuelan President Hugo Chavez for instituting the slogan "Homeland, socialism, or death" in the military.

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Venezuelan Economy Shows Continued Growth

The Venezuelan economy has had a continuous annual growth rate of 12.6 percent for the last three and a half years Venezuela's Development Minister Jorge Giordani reported today.

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Venezuela’s New Channel 2 is Officially Announced

Venezuelan President Hugo Chavez issued the decree today by which the new television channel that will replace the opposition-oriented RCTV. According to the decree the new channel, known as TEVES, will not generate programming itself, but will exclusively broadcast independently produced programs.

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Venezuela Buys Controlling Stake in Main Telecomm Co.

President Hugo Chavez's government on Wednesday said it has bought a controlling stake in Venezuela's largest telecommunications company, CANTV, for $1.3 billion as the country moves ahead with its nationalization drive.

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Latin American Countries Condemn the Liberation of Posada Carriles

Venezuela, along with other Latin American countries, condemned today the United States court decision to allow the international terrorist Luis Posada Carriles walk free. Venezuela, Nicaragua, and Cuba, as well as several Democrats in the U.S. Congress demanded that Posada be tried or extradited on charges of terrorism.

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Venezuelan Workers Demand Nationalization of SIDOR Steel Plant

Workers held protests outside the SIDOR steel plant in Puerto Ordaz yesterday, demanding that the government nationalize the company. Last Thursday, Venezuelan President Hugo Chavez had warned that he might nationalize the Argentinian-owned company.

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Judge Dismisses Charges Against Posada Carriles

A US judge on Tuesday dismissed all charges against Cuban exile Luis Posada Carriles, who is accused in Venezuela and Cuba of acts of terrorism.

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Venezuela Accuses U.S. DEA of Being a “Drug Cartel”

The Venezuelan government responded yesterday to United States Drug Czar John Walters' criticisms that Venezuela is not cooperating with the United States in the fight against drugs by saying that the U.S. Drug Enforcement Agency is a "drug cartel."

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