Chavez Wins in Venezuela - Again

Venezuela s divisive leader is stronger than ever after his impressive win in the August recall referendum. Latin American Law & Business Report, a monthly publication dedicated to analysis of developments that affect foreign investors in Latin America's most important markets, examines the short-and long-term implications for Venezuela and private investors.

Concord, MA (PRWEB) September 9, 2004 -- Chavez Wins in Venezuela - Again.

Latin American Law & Business Report Examines the Implications of the Recall.

Venezuela s divisive leader is stronger than ever after his impressive win in the August recall referendum. In an exclusive interview with Latin American Law & Business Report, Inter-American Dialogue s Michael Shifter examines the short-and long-term implications for Venezuela and private investors.

Venezuela's President Hugo Chavez emerged from the long-awaited presidential recall stronger than ever. For opponents of the strongman, there was little solace. The margin of victory was large-Chavez won 58 percent of the vote. Opponents charged fraud, but international election monitors (the Carter Center and the Organization of American States) quickly endorsed the tally of Venezuela's National Election Council. The referendum means that Chavez will stay in office until his term ends in January, 2007.

After their unsuccessful coup and general strike, the referendum marks the third stinging defeat for anti-Chavez groups. With the remainder of his term now secure, will Chavez and his opponents now make peace and provide Venezuela with some badly needed stability? The first indicators are not favorable.

For more on the Chavez victory and what it will mean for the political and economic future of Venezuela, refer to the August 31 edition of Latin American Law and Business Report.

Latin America Law and Business Report is published by WorldTrade Executive, Inc., a leading publisher of international business, law, finance and tax information services designed to help businesses succeed worldwide. Other articles in this month's issue address Sao Paulo's search for private investors for infrastructure projects, the future for Bolivian gas market, and a discussion of the improvements and hazards to investors in Brazil's electricity sector. For a complete list of publications, go to www.wtexec.com.

PR contact:

Jennifer Baker

WorldTrade Executive, Inc.

(jbaker@wtexec.com)

+1 978.287.0301

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