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EIU World Investment Service46 page (20656 word) report
published Nov 22, 2009
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EIU World Investment Service
...Venezuela is a federal republic with a directly elected president, currently Hugo Chavez of the Partido Socialista Unido de Venezuela (PSUV). A radical left-winger, Mr Chavez has been in power since February 1999. He has been re-elected twice, in 2000 and 2006. He has also survived an attempted coup (in early 2002) and a revocatory referendum (in August 2004). In the wake of an opposition boycott of the December 2005 legislative election, Mr Chavez's party has total control of the 167-seat unicameral National Assembly (parliament). However, Mr Chavez was defeated in a public referendum on constitutional reform (which included plans to permit indefinite presidential re-election) in December 2007, marking his first defeat in a national poll since taking office. Indicating a further erosion of public support, he lost ground in local and regional elections in November 2008. Mr Chavez survives several attempts to remove him from power. By 2001 many middle-class voters who had supported Mr Chavez...
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| Source: | World Investment Data and Forecast
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| Country: | Venezuela
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| Free Sample: |
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| Format: | | PDF |  |
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Essential support for all your foreign investment decisions. World Investment Service features a detailed database containing flows of investment by country and industry, overseas mergers and acquisitions and business costs. The service covers the world's 60 largest economies and provides detailed analysis on political and economic background, business environment, foreign investment regulations and trends in foreign investment.
