Saturday, 6 October 2012

Chávez reelection at risk as Venezuela's oil heartland moves on - Christian Science Monitor [getdailynow.blogspot.com]

Chávez reelection at risk as Venezuela's oil heartland moves on - Christian Science Monitor [getdailynow.blogspot.com]

The types of loans issued also suggest people are buying more expensive houses. Since Fannie Mae and Freddie Mac tightened their underwriting standards and began requiring larger down payments on mortgages, lenders locally and throughout the ... More house for the money

This is a full-length YouTube featured (1 hour, 48 minutes long) video of The Nutcracker by Pyotr Ilyich Tchaikovsky, conducted by the legendary conductor Evgeny Svetlanov and choreographed by Peter Wright after Lev Ivanov and released by the BBC. Herr Drosselmeyer - Anthony Dowell Clara - Alina Cojocaru The Nutcracker - Ivan Putrovs The Sugar Plum Fairy - Miyako Yoshida The Prince - Jonathan Cope Performed by the Royal Ballet, Convent Garden and the orchestra of the Royal Opera House.

Tchaikovsky - The Nutcracker (BBC Royal Opera House)

In Venezuela's oil-rich east, some say the administration's management of natural resources â€" including oil spills and refinery accidents â€" has pushed them toward the opposition.

Puerto La Cruz, Venezuela

Here in the oil-rich eastern region of Venezuela, propaganda for President Hugo Chávez dominates the landscape, from spotless billboards by the airport to dusty banners over trash-strewn lots. A hillside water tank carries the name of Chávez’s PSUV party.

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Though President Chávez has spent years focusing on the region’s strategic importance, cultivating support for his party and its policies of “21st century socialism,” his campaign has hit resistance here. And it has become one of the places where opposition candidate Henrique Capriles Radonski stands to pick up votes when the country goes to the polls on Sunday.

Over the course of his nearly 14 years as President, Chávez has made it clear he wants supporters of his socialist revolution to control access to the region’s quarter trillion barrels of oil reserves. But with a record of oil spills, a rising accident rate in refineries, and social problems like the continent's highest murder rates and weekly blackouts, Chávez’s time in office may be working against him, weighing on his public support here, and across much of the country.

"It's very tight, and both have very similar chances of winning," says Iñaki Sagarzazu, a Venezuelan teaching at the University of Glasgow, Scotland. "It will come down to who mobilizes the most."

Mr. Sagarzazu says that Chávez support has moved from urban to rural areas over the years. That’s left the president with a base in the plains while urban areas have moved largely to the opposition, which this year is supporting Mr. Capriles, governor of a state that includes part of the capital, Caracas.

Here in this region, too, people have shifted their support away from the incumbent.

"He never does what he says," says Reina, a mother of 11 and full-time homemaker, who was shy about talking to the press. She says she has supported Chávez for years, but is still undecided as to whether she will give him her vote again in a race that’s too close to call, with pollsters and analysts divided on which candidate is the most likely winner.

Venezuela is experiencing 18 percent inflation and there is a sense that neighbors, such as

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