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Venezuela Budget

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BUSINESS
July 11, 1998 | CHRIS KRAUL, TIMES STAFF WRITER
Already pummeled by the volatile global oil market, Venezuela's economic prospects suffered another blow this week when the government missed a payment on its short-term debt, focusing international attention on the country's deepening woes. As the No. 1 supplier of oil to the United States, Venezuela's economic and political stability is closely watched.
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BUSINESS
July 11, 1998 | CHRIS KRAUL, TIMES STAFF WRITER
Already pummeled by the volatile global oil market, Venezuela's economic prospects suffered another blow this week when the government missed a payment on its short-term debt, focusing international attention on the country's deepening woes. As the No. 1 supplier of oil to the United States, Venezuela's economic and political stability is closely watched.
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WORLD
February 16, 2009 | Chris Kraul
Putting aside concerns over a worsening economy, rising crime and increasing social polarization, Venezuelan voters gave President Hugo Chavez a resounding victory Sunday on a constitutional amendment that will allow him to run for reelection indefinitely. With 94% of votes counted, the National Electoral Commission said "yes" votes outnumbered "no" by nearly 1 million, 54.3% to 45.7%.
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