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Chavez sworn in for radical new term in Venezuela
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Contributor | SC Moose |
Last Edited | SC Moose Jan 10, 2007 09:47am |
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Category | News |
Media | Website - Yahoo News |
News Date | Wednesday, January 10, 2007 03:00:00 PM UTC0:0 |
Description | CARACAS (Reuters) - Venezuelan President Hugo Chavez was sworn in on Wednesday for a new six-year term that he vowed to use to press a radical socialist revolution including nationalizations that have roiled financial markets.
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Emboldened by his landslide re-election win, the typically combative anti-U.S. leader has gone on the attack, deciding to strip a private opposition TV channel of its license and take over some major companies owned by foreign investors.
"Fatherland, socialism or death -- I take the oath," Chavez said.
A leading anti-U.S. voice in the world and in the vanguard of a shift to the left in Latin America, Chavez now wants to scrap presidential term limits and lead the OPEC nation for decades. |
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