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President Hugo Chavez says he has a new book for President Barack Obama: "What is to be Done?" by communist Vladimir Lenin, founder of the Soviet state. Chavez says he'll "give it to Obama at the next meeting." "What is to be Done?" is Lenin's political treatise on the role of intellectuals and the proletariat in promoting revolution, written more than a decade before he led the Bolshevik takeover of Russia in 1917.

CARACAS (Reuters) – Venezuela's garrulous President Hugo Chavez on Thursday began a marathon four-day edition of his trademark television show to mark 10 years since the influential and widely watched program first hit the airwaves. Chavez is a tireless talker who uses frequent television appearances to make policy announcements, berate opponents and even sing during rambling speeches often delivered in the florid vernacular of working class Venezuelans. Normally transmitted on Sundays from a different corner of the South American oil exporting nation each week, 'Alo Presidente' is the boisterous socialist's favorite forum, with the program once running to eight hours....

1) Venezuela’s non-oil GDP is back down to 1977 levels according to Toby Bottome of Veneconomia. I guess this is a backwards revolution, 35 years lost, proving once again the IVth. was bad, but the Vth. is worse. 2) Two weeks ago, I was telling people I did not understand why the parallel swap rate was not soaring given that CADIVI is simply not giving much (Even if we don’t have statistics for March). Now that the rate has soared in two weeks, I am concerned that there are no more shortages out there. One notices shortages in paper products...

Reporting from Mexico City -- The book that Venezuelan President Hugo Chavez gave his U.S. counterpart, Barack Obama, has long been regarded as a bible for the Latin American left, found on the bookshelves and university reading lists of a generation of students in the region. "Open Veins of Latin America" recounts, as its subtitle says, "Five Centuries of the Pillage of a Continent" -- the harvesting of the region's cotton, rubber, coffee, fruit and other resources by U.S. and European powers. It argues, from a Marxist viewpoint, that such exploitation is the root cause of Latin American poverty.

CARACAS, Venezuela – A leading opponent of President Hugo Chavez has decided to seek political asylum abroad rather than face a corruption charge in a trial he says would be stacked against him, an ally said Monday. Opposition leader Manuel Rosales, who went into hiding three weeks ago, decided not to appear in court Monday because the case against him is being used for "political persecution," said Omar Barboza, who heads Rosales' political party. "He won't present himself before a court that's been turned into a political tool," Barboza told reporters. "When there's a state of law in Venezuela, Manuel...

Democracy: In a little-noted agency hearing, the CIA admitted that Venezuela's Hugo Chavez rigged his recall referendum in 2004. So why does he still merit global recognition as a democratically elected leader?Anyone who steals an election has no claim to democracy. But somehow there's an exception for Venezuela's President Hugo Chavez, who's still recognized as a "democratically elected" leader by the U.S. and others. It now comes to light that the CIA cybersecurity experts know he fixed his 2004 recall referendum. Two weeks ago, at a field hearing before the U.S. Election Assistance Commission in Orlando, Fla., CIA's Steve Stigall...

A day late, a petrodollar short; we’re well on our way. CHAVEZ CALLS ON OBAMA TO FOLLOW PATH OF SOCIALISM Caracas - Venezuelan President Hugo Chavez on Friday called upon US President Barack Obama to follow the path to socialism, which he termed as the “only” way out of the global recession. “Come with us, align yourself, come with us on the road to socialism. This is the only path. Imagine a socialist revolution in the United States,” Chavez told a group of workers in the southern Venezuelan state of Bolivar.

CARACAS (Reuters) – Cuba's ailing former leader Fidel Castro, not seen in public for almost three years, walked the streets of Havana in a "miracle" that made people cry, Venezuelan President Hugo Chavez said on Friday. Chavez, a close friend of the legendary revolutionary, spent several hours with Castro in Cuba last weekend and said he was in his best health since falling ill in July 2006. Other regional leaders have also described Castro as looking well in recent weeks. Chavez's account of the walk and a trip to visit farmland may indicate an improvement in Castro's health. Castro's frail...

HAVANA (AFP) – Venezuelan President Hugo Chavez was in Cuba on Saturday, paying a surprise visit to the island after a major poll win last Sunday. It is the Venezuelan leader's first trip abroad since winning a referendum on February 15 that removed term limits on his presidency. Standing arm-in-arm with Chavez on his arrival late Friday, Cuban President Raul Castro raised the Venezuelan leader's fist in victory, declaring "I do this in Fidel's name" -- a reference to his brother, a long-time friend of Chavez.

Obama, with control of the Press, the Census, the Congress, the Senate, the nationalization of EVERYTHING, can this happen in America too?..... CARACAS -- Venezuelan President Hugo Chavez removed a key obstacle to his plan to remain in office for life, convincing voters Sunday to approve constitutional amendments designed to allow indefinite re-election.

CARACAS: President Hugo Chávez, buffeted by falling oil prices that threaten to damage his efforts to establish a Socialist-inspired state, is quietly courting Western oil companies once again.

CARACAS (Reuters) – Venezuela's growing opposition and President Hugo Chavez's left-wing party shared the spoils from weekend elections, jostling for political advantage in the OPEC nation Monday. The multi-party opposition eroded Chavez's dominance of regional politics, winning six top posts that govern almost half of the population, although his Socialist Party took a 17 state races -- a clear majority. The results complicate Chavez's plan to change the law to run for reelection in 2012. The opposition defeated that move in a referendum last year and gained further ground Sunday on the popular anti-U.S. president who came to power in...

CARACAS (Reuters) - Venezuelan President Hugo Chavez, renowned for colorful insults of world leaders, called U.S. vice presidential candidate Sarah Palin a confused "beauty queen" on Friday after she said he was a dictator. Chavez, a leftist who often mocks U.S. President George W. Bush, invoked the advice of Jesus Christ on how to handle the slights by Palin, the Republican governor of Alaska and a former beauty pageant winner. "I saw the vice presidential candidate, there she was talking about 'the dictator Hugo Chavez.' The poor thing, you just feel sorry for her," he said during a televised broadcast....

The United States stopped trying to be polite Friday in an escalating diplomatic shoving match with the populist leaders of Venezuela and Bolivia. Washington slapped new sanctions on three aides close to Venezuelan President Hugo Chavez and called him weak and desperate. The Venezuelan ambassador got the boot for good measure, a move that was purely for show. Chavez had already brought his man home.

The Bush administration is facing a new headache, this time in Latin America, as two leftist governments it can't ignore booted the U.S. ambassadors this week. Simmering ideological tensions between President Bush and the populist presidents of Bolivia and Venezuela boiled over this week in twin diplomatic spats that threaten U.S. counternarcotics operations in the region and possibly American energy supplies. The administration says it wants to get along with the growing number of leftist leaders in the Western Hemisphere, but Bolivian President Evo Morales and Venezuelan President Hugo Chavez are having none of it, essentially responding with the time-honored...

Venezuela's President Hugo Chavez says two Russian bombers have arrived in the country to carry out training flights. The Russian Air Force said the bombers would be based in Venezuela for several days and fly over neutral waters. Earlier this week Russia confirmed that it would send a Navy squadron and long- range patrol planes for joint exercises with Venezuela in November. Mr Chavez has developed close relations with Moscow, including the purchase of Russian arms and co-operation on oil. Hugo Chavez announced that two Tu-160 bombers would carry out manoeuvres, saying that it was part of a move towards...

CARACAS: President Hugo Chavez said on Sunday that Russian President Dimitri Medvedev wants to send a Russian naval fleet to visit Venezuela. "Russia has informed us they intend to visit Venezuela, that is, the intention that a Russian fleet should come to the Caribbean," Chavez said on his weekly radio program. "I told the president (Medvedev), 'If you're coming to the Caribbean, we'll welcome you,'" Chavez said, adding that the Russian naval fleet would pay "a friendly and working" visit to Venezuela. Under leftist President Chavez, Venezuela has been seeking closer relations with Moscow, in part to buy military hardware,...

CARACAS (Reuters) – Washington-foe Venezuela plans to launch an observation satellite within five years to map its territory, President Hugo Chavez said on Sunday. Venezuela's first satellite, named after independence hero Simon Bolivar, is for broadcast and telecommunications purposes and is due to be launched from China in November, Chavez said. But major oil explorer Venezuela is seeking to build a second satellite to help map the vast South American country, Chavez said on his weekly television show. "Who has got great multicolored maps of Venezuela? The Yankees," he said. "Now we are going to have our own. We have...

CARACAS, Venezuela - Riot police used tear gas Wednesday to block hundreds of Venezuelans protesting the latest moves by President Hugo Chavez to concentrate his power. The demonstrators said a blacklist of opposition candidates and a series of socialist decrees are destroying what's left of their democracy. Though the protest of about 1,000 people chanting "freedom!" was small compared to past marches, there is a growing public outcry over the sidelining of key government opponents ahead of state and local elections in November.

President Hugo Chavez's Venezuela has become the key trafficking route for most of the cocaine sold on Britain's streets, anti-drugs officials believe. Last year, about 250 tons of cocaine are thought to have passed through Venezuela - up to a five-fold increase on 2004. Much of this ended up in Britain. Anti-drugs officials estimate that more than 50 per cent of all the cocaine consumed in Britain has been trafficked through Venezuela - under the "revolutionary" regime of Mr Chavez. The figure could be as high as two thirds. Senior commanders in Venezuela's security forces are thought to be profiting...