Modal close

Hi there,

You turn to Democracy Now! for ad-free news you can trust. Maybe you come for our daily headlines. Maybe you come for in-depth stories that expose government and corporate abuses of power. This month, Democracy Now! is celebrating our 23rd birthday. For over two decades, we've produced our daily news hour without ads, government funding or corporate underwriting. How is this possible? Only with your support. Right now, in honor of Democracy Now!'s birthday, every donation we receive will be doubled by a generous supporter. This means if you give $30 today, Democracy Now! will get $60 to support our daily news hour. Please do your part. It takes just a couple of minutes to make sure that Democracy Now! is there for you and everybody else. Thank you! -Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

The Supreme Court of Venezuela Suspends a Referendum On President Hugo Chavez & the Government Halts Foreign Currency Trading: We Go to Caracas

StoryJanuary 23, 2003
Watch iconWatch Full Show
Listen
Media Options
Listen

Related

The Supreme Court of Venezuela yesterday indefinitely postponed a nationwide referendum scheduled for next month on whether embattled President Hugo Chavez should resign.

The ruling has stunned opposition leaders. The referendum would have been non-binding, but they had hoped a resounding defeat would increase political pressure on Chavez to step down.

Also yesterday, the government closed the markets for five days, hoping to stem the exodus of capital and prevent its crippled currency from falling further. US-owned multinational corporations including Microsoft and Ford have begun to close local offices and pull people out of the country.

Protests both for and against Chavez continue. On Monday, one person died and more than 20 were injured in protests. More protests are scheduled for today, an especially symbolic day for Venezuelans. On January 23, 1958, a popular uprising backed by the military forced the dictator General Perez Jimenez to flee the country. Since then the day has been celebrated almost like Independence Day is celebrated here in the U.S.

The country’s crisis was precipitated by a management lock out that crippled the petroleum industry and shuttered supermarkets and malls in December and early January. Most businesses are open now, though, and the effort to topple Chavez appears to have failed.

Guests:

  • Deepa Fernandes, host of Free Speech Radio News who has been in Caracas for the last three weeks.
  • Jennifer McCoy, director of the Americas Program at the Carter Center and Professor of Political Science at Georgia State University in Atlanta. She has just returned from Venezuela where she was part of former President Carter’s delegation to Venezuela which met with President Chavez and Opposition Leaders in an effort to negotiate a resolution to the conflict

There are no ads for laundry detergent or breakfast cereal on the Venezuelan private TV channels. Just one attack ad after another after another, all blaming Chavez for the country’s ills.

Tape:

  • Anti-Chavez ad airing in Venezuela

Related Story

Video squareStorySep 24, 2013Ecuadorean Foreign Minister on Latin American Resistance to NSA Spying & the Castro-Chávez Legacy
The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Up arrowTop