Mock election successful Venezuela’s National Electoral Council (CNE), the body which oversees all elections in the country, is gearing up for this October’s presidential vote. This week, simulated elections were held in different cities nationwide with the participation of international observers in order to guarantee transparency and confidence in the voter process. New fingerprint machines were successfully tested to act against fraud and ensure voters’ rights are protected. page 3
Politics
Advancing industrial development President Chavez inaugurated new factories this week to propel domestic production. page 4
International
Venezuela rejects US terror report Washington’s hypocrisy shines in this year’s report on terrorism. page 5
Interview
Lessons for the left Activist Lee Brown talks Venezuela and the Sao Paulo Forum. page 6
Analysis
Opinion
The latest Human Rights Watch distortions about Venezuela page 7
Perfecting the method of “Color Revolutions”page 8
Friday, August 10, 2012 | Nº 121 | Caracas | www.correodelorinoco.gob.ve
ENGLISH EDITION/The artillery of ideas
Chavez campaign takes big lead over opposition
Despite rumors and false reports, including a shocker by US veteran journalist Dan Rather, which morbidly –and untruthfully– attempted to predict Venezuelan President Hugo Chavez’s death two months ago, the incumbent chief of state is campaigning strong in caravans nationwide. Drawing thousands at all of his events, Chavez has revived revolutionary passion in the streets of Venezuela. The latest polls show him with a solid 20+ point lead over opposition candidate Henrique Capriles Radonski. page 2
Gold for gold Venezuelan President Hugo Chavez bestowed the Order of the Liberators on the country’s Olympic fencing champion, Ruben Limardo, and presented him with a solid gold replica of the sword of South American liberator Simon Bolivar. “It’s an honor for me to decorate, in the name of all the Venezuelan people, our Olympic champion Ruben Limardo with the Order of the Liberators of Venezuela”, said Chavez at a public ceremony. Limardo won Venezuela’s first gold Olympic medal in 44 years at the London Games. “I really feel very proud to be Venezuelan. This medal is worth 20 years of work, of sacrifice and effort”, said the 26-year-old sportsman. “I must acknowledge that this is due to the support that President Chavez has given to sports and, truthfully, one must be grateful for this because it was possible for me thanks to him”, Limardo emphasized.
INTERNATIONAL
Venezuela inflation slows T/ Reuters
Venezuela’s annual inflation slowed for a seventh straight month in July, coming in below 20 percent for the first time in years. Finance Minister Jorge Giordani on Tuesday said annual inflation to July was 19.4 percent, below the 20 to 22 percent forecast in the socialist government’s budget for this year. “We have broken, punctured, the 20 percent threshold. This is good news regarding this complex, difficult, historical problem”, Giordani told a news conference. Monthly inflation slowed to 1.0 percent in July, he said, lower than the 1.4 percent recorded the previous month and well under the 2.7 percent rate of July 2011. It was the first time the OPEC nation’s annualized rate had fallen below 20 percent since 2008. Venezuela recorded the highest annual inflation in the Americas last year, at 27.6 percent, and most economists had predicted it would be higher during 2012 because of a pre-election spending spree by Chavez’s socialist government. His administration, however, has had some success combating rises with new price controls in some basic areas, including food and health, that were put in place at the end of last year. Chavez, who has a doubledigit lead in most opinion polls ahead of the election, regularly reminds Venezuelans that high prices have dogged the nation for several decades. Venezuela’s average annual inflation rate over the last 25 years has been well over 30 percent, with a peak of 103 percent in 1996 during the administration of Rafael Caldera.