Venezuela Election Results: Hugo Chavez Declared Winner

President Hugo Chávez has retained power in Venezuela, after defeating opponent Henrique Capriles, by 10 percent of the vote. Chávez, the longest serving president in Latin America, has been re-elected for the third time. His new term will be from 2013 to 2019. He was first elected to power in 1998. Shortly after his victory was announced by Venezuela's National Electoral Council at 10:15pm local time, fireworks went off in several Caracas neighborhoods. Thousands of Chávez supporters in red...Full Story
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