On May Day, starting out from the Hilton Hotel, 200,000 blondes marched East through Caracas' shopping corridor along Casanova Avenue. At the same time, half a million brunettes converged on them from the West. It would all seem like a comic shampoo commercial if 16 people hadn't been shot dead two weeks earlier when the two groups crossed paths.
The May Day brunettes support Venezuelan President Hugo Chávez. They funnelled down from the ranchos, the pustules of crude red-brick bungalows, stacked one on the other, that erupt on the steep, unstable hillsides surrounding this city of five million. The bricks in some ranchos are new, a recent improvement in these fetid, impromptu slums where many previously sheltered behind cardboard walls. 'Chávez gives them bricks and milk,' a local TV reporter told me, 'and so they vote for him.'
Chávez is dark and round as a cola nut. Like his followers, Chávez is an 'Indian'. But the blondes, the 'Spanish', are the owners of Venezuela. A group near me on the blonde march screamed 'Out! Out!' in English, demanding the removal of the President. One edible-oils executive, in high heels, designer glasses and push-up bra had turned out, she said: 'To fight for democracy.' She added: 'We'll try to do it institutionally,' a phrase that meant nothing to me until a banker in pale pink lipstick explained that to remove Chávez, 'we can't wait until the next election'.
The anti-Chavistas don't equate democracy with voting. With 80 per cent of Venezuela's population at or below the poverty level, elections are not attractive to the protesting financiers. Chávez had won the election in 1998 with a crushing 58 per cent of the popular vote and that was unlikely to change except at gunpoint.
http://www.forbes.com/home_europe/newswire/2003/10/22/rtr1118788.htmlInternational investors are giving Venezuela a surprise vote of confidence, buying the nation's bonds with enthusiasm that could hardly have been imagined when leftist "revolutionary" Hugo Chavez won the presidency five years ago.
Since winning office in 1998, Chavez has sent shudders through Wall Street with his anti-capitalist diatribes. But when the rhetorical dust settles after each of his infamously long speeches,
fund managers see a country flush with oil export revenue and a growing track record of expert debt management."Even though Venezuela bond prices have gone up a lot, they still have room to go," said Jose Cerritelli, a Bear Stearns debt strategist.
Should investors keep buying? "Absolutely," Cerritelli said.
http://www.independent-media.tv/item.cfm?fmedia_id=3052&fcategory_desc=Information%20Related%20to%20VenezuelaPresident Hugo Chavez could not persuade city folks to move to the sparsely populated interior to help Venezuela feed itself. So he is bringing farming to the city. With help from the U.N. Food and Agriculture Organization, the populist ex-paratrooper who sold mangoes as a child hopes to give Caracas residents a green thumb as a way to fight poverty and malnutrition. Despite the country's oil riches, more than half of its 24 million people live in poverty. According to the latest statistics from the U.N. Department of Economic and Social Affairs, at least 5 percent of Venezuelan children under age 5 were undernourished in 2000.
http://www.gregpalast.com/detail.cfm?artid=169&row=2