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"A comprehensive, collaborative elections resource."
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Venezuela's Chavez Survives Recall Vote
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Race
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| Contributor | RP |
| Last Edited | RP Aug 16, 2004 10:07am |
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| Category | News |
| News Date | Monday, August 16, 2004 06:00:00 AM UTC0:0 |
| Description | Venezuelan President Hugo Chavez, a former paratrooper who survived a military coup and a two-month strike by oil workers, overcame a referendum to remove him from office two years before his term expires.
Chavez defeated the vote 58 percent to 42 percent, based on 94.5 percent of the ballots counted, National Electoral Council President Francisco Carrasquero said in a televised press conference in Caracas. The ballot lasted more than 18 hours and drew more than 60 percent of the nation's 14 million voters.
Crude oil futures fell from record highs after Chavez won the vote. Prices had climbed on concern the referendum could prompt violence and disrupt supplies from Venezuela, the fourth- largest exporter of oil to the U.S. |
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