ASSESSMENTS

Venezuela: Overcoming an Election Setback

Oct 24, 2010 | 13:57 GMT

JUAN BARRETO/AFP/Getty Images

Summary

Venezuelan President Hugo Chavez has until mid-December to push through a series of laws designed to strengthen the executive's power after his ruling Partido Socialista Unido party lost its parliamentary supermajority in September. These laws also seek to endow the thousands of communal councils loyal to the president with greater funding at the expense of state governments, undercutting his opposition. Passage of these laws will give Chavez better control of foreign assets in Venezuela and put him in a better position to stifle opposition supporters.

Venezuelan President Hugo Chavez hopes a series of legislation will prevent him from losing his grip on the country after losing his parliamentary supermajority....

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