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Coca-Cola Blockade Ends as National Assembly President Negotiates Exit

Worker’s who were protesting Coca-Cola Femsa plants across Venezuela last week lifted their blockades late Thursday after securing a hearing at the Supreme Tribunal of Justice which will take place this week.

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Venezuela Inaugurates Agricultural Bank and Cacao Processing Plant

President Hugo Chavez officially inaugurated the Venezuelan Agricultural Bank and the Oderí Cacao Processing Plant this week. Both are expected to benefit thousands of small agricultural producers

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Venezuela and Guatemala Find No Compromise Candidate for UN Security Council

Venezuela and Guatemala have failed to negotiate a way out of the impasse at the United Nations after the two Foreign Ministers, Nicolas Maduro of Venezuela and Gert Rosenthal of Guatemala, met today.

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Chavez and Supporters Condemn Destabilization Plans for Venezuelan Elections

Venezuela’s President Hugo Chavez, Venezuelan officials, and others denounced over the past week that they believe there are plans to destabilize the Venezuelan Presidential Elections, which is set to be held in less than six weeks.

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Venezuelan Electoral Council Condemns Plan to Destabilize Elections

The President of Venezuela’s National Electoral Council condemned what she called the beginning of a campaign to “sabotage the democratic political process.”

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Chávez Holds Huge Lead in Venezuela Reelection Bid, Says U of Miami/Zogby Poll

According to a poll conducted by the University of Miami and Zogby International in the first half of October, President Chavez's support is more than double that of nearest challenger. Also, U.S. Gov’t held in very low esteem by Venezuelans, accoridng to poll.

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New Venezuelan Polls Continue to Show Strong Lead for Chavez

Several new opinion polls have been publicized recently, all of which show Venezuela’s President Chavez with a clear lead over his nearest challenger, Zulia State Governor Manuel Rosales.

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Venezuelan Workers Seize and Blockade Coca-Cola Plants Across the Country

Coca-Cola-Femsa workers in Venezuela have seized the factories where they work and are preventing distribution trucks from leaving in a bid to force the company to pay out agreed-upon compensation to ex-workers.

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Venezuelan Unemployment Drops 2 Percentage Points from Last Year

The Venezuelan unemployment rate dropped two percentage points from 11.5% down to 9.5% between September 2005 and September 2006, the National Institute of Statistics said yesterday.

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Venezuela and OPEC Announce Further Cuts On Oil Production

OPEC decided today to slash its oil output by 1.2 million barrels per day (bpd). Cuts to Venezuelan production will equal 138,000 bpd of that total, and are the third largest of the OPEC countries, behind Iran and Saudi Arabia. The reductions will go in to effect on November 1st.

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UN Security Council Vote between Venezuela and Guatemala Suspended

After the fourth day of voting at the United Nations yesterday, members of the General Assembly still failed to elect either Venezuela or Guatemala for the seat as a non-permanent member of the Security Council.

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Venezuela Mulls Buying Russian Planes after Deal with Spanish Company Falls Through

Venezuela is considering buying military transport planes from Russia after a Spanish company, facing U.S. opposition, dropped a plan to sell 12 planes to the South American country, a military adviser to President Hugo Chavez said Wednesday.

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Venezuela’s 2007 Budget to be 32% Higher than in 2006

Venezuelan Minister of Finance Nelson Merentes submitted the Chavez government’s 2007 budget plan to the National Assembly on Monday, which is set to increase by 32%, making the budget total 115 trillion bolivars or $54 billion.

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After 22 Rounds, Venezuela and Guatemala Continue Battle for UNSC Seat

After two days and 22 rounds of voting, Guatemala remains ahead of Venezuela in the contest for a seat as a non-permanent member of the UN Security Council.

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Venezuela Inaugurates First New Railroad in 70 Years

Yesterday, Venezuela’s President Hugo Chavez inaugurated the country’s first new railroad in 70 years. The first new stretch is to run from Caracas to the town of Cúa, about 41 km to the south.

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