March 11, 1992 |
President Carlos Andres Perez appointed several political opponents to his Cabinet in a major reshuffling designed to broaden his support and overcome a leadership crisis. The president, under pressure to resign since a failed Feb. 4 coup attempt, shuffled seven ministers as part of a promise to cobble together a unity government. The changes demonstrated Perez's willingness to dump even valued ministers for the sake of polishing the government's image.
September 20, 1996 |
Former Venezuelan President Carlos Andres Perez, impeached in 1993 and later convicted of corruption, completed his sentence of more than two years under house arrest and began laying the groundwork for a political comeback. Perez, 73, hopes to return to the Senate in 1998, but the state is still investigating his finances, and the party he helped found 55 years ago, Democratic Action, has kicked him out.
January 15, 1989
Venezuelan President-elect Carlos Andres Perez announced his new Cabinet, placing most key economic posts in the hands of technocrats, some of them American-trained, rather than party regulars. Perez, who takes office Feb. 2, has promised to reverse the decline in living standards in South America's richest country, brought on by falling oil prices. He has also promised to take a harder stance on repaying Venezuela's $32 billion in foreign debt.
December 3, 1989 |
Other leaders have predicted better times are coming, but President Carlos Andres Perez is betting his homeland on it. Perez says he will seek asylum in another country if next year's inflation goes over 40%, half this year's projected rate. In statements published in Saturday newspapers, he said the government's economic reform plan and measures to keep down inflation are working well. "We won't go over 80% . . .