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Political Risk / Venezuela

Venezuela

July 2011 | Risk Summary

Venezuelan President Hugo Chávez has returned to Cuba to begin his second round of chemotherapy. While the full extent of Chávez's condition remains unknown, he has vowed to run for a third, six-year term as president in the elections scheduled for next year, and claims he is confident he will win with a majority of more than 60%. However, even without question marks over his health, we remain doubtful as to whether he can win the election in 2012.

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