• Most Popular
  • Most Shared

FACTBOX: Congress OKs Venezuela Chavez constitution changes

Fri Nov 2, 2007 4:35pm EDT

(Reuters) - President Hugo Chavez's congressional supporters on Friday approved a raft of constitutional changes, including scrapping presidential term limits and empowering police to detain Venezuelans without charge in "emergencies."

World

Venezuelans are likely to approve the reform in a referendum slated for December despite many voters' concerns Chavez is becoming increasingly authoritarian, pollsters say.

The following are some of the package's main proposals:

POLITICS

* Lifts the existing two-term limit for presidents and extends the term from six to seven years.

* Lowers the voting age to 16 from 18.

* Allows the president to create and eliminate provinces, districts and "communal cities" via decree and name the authorities in charge of them.

ECONOMY

* Ends the central bank's autonomy and gives the president direct control over foreign currency reserves.

* Prioritizes collective interests over individual interests in constitutional goal of creating a socialist economy.

* Reduces the work day to six hours from eight.

* Extends social security to some self-employed workers.

RIGHTS

* Allows security forces to arrest citizens without charge and opens the way to censoring media during natural disasters or political "emergencies" declared by the president.



More from Reuters

Ex-wife sues SAC's Cohen, alleges insider trading

NEW YORK/BOSTON (Reuters) - Hedge fund magnate Steven A. Cohen was accused by his former wife on Wednesday of hiding millions of dollars from her and of engaging in insider trading in a high-profile merger in the 1980s.

An an exit sign is pictured in New York City October 14, 2006.  REUTERS/Lucas Jackson
Interview:

No stimulus exit in sight

The man who predicted the fallout from the property bubble says it's still too early to talk about exiting easy money policies. In fact, more stimulus is on the way.  Full Article 

  The tail section of the turboprop MQ-9 Predator B drone is seen on the tarmac at Fort Huachuca, Arizona, December 5, 2006.

Just don't say the D-word

In the high-testosterone world of military jets, the words "drone" and "unmanned aerial vehicle" don't fly. Now there's a new term in town.  Full Article