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Edition: U.S. Article Comments (0) Email Print Reprints Read U.S. Nuclear Weapons Have Been Compromised by Unidentified Aerial Objects PR Newswire 15 Sep 2010 Paris Hilton leaves Japan after questioning | Video 11:27am EDT "Baywatch" star Hasselhoff first "Dancing" victim 9:14am EDT Bernanke's emphasis on inflation may lure hawks 11:39am EDT Study finds iPhone owners want to switch to Verizon 8:04am EDT Shared Wind could have parted Red Sea for Moses: report 21 Sep 2010 Pictures of the month: August 31 Aug 2010 Titanic sunk by steering mistake, author says 7:59am EDT The slum life 9:40am EDT Gold hits record high after Fed rates signal 10:19am EDT Watched Hilton detained; Gaga rallies Tue, Sep 21 2010 Soros: Gold "not safe" Wed, Sep 15 2010 White House's Summers to step down Tue, Sep 21 2010 NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Venezuela parliament vote to test Chavez Tweet This Share on LinkedIn Share on Facebook Factboxes Venezuela's President Hugo Chavez 11:20am EDT Hugo Chavez's history at Venezuelan ballot box 11:20am EDT Venezuela's new wave of social projects 11:20am EDT Related News Q+A: What's at stake in Venezuela parliament vote? 11:20am EDT Analysis & Opinion ANALYSIS-India’s economic reforms in limbo as state polls near Related Topics World » A man walks past a mural depicting Venezuelan President Hugo Chavez in Caracas, September 22, 2010. Credit: Reuters/Jorge Silva By Andrew Cawthorne CARACAS | Wed Sep 22, 2010 11:41am EDT CARACAS (Reuters) - Venezuela's opposition is certain to make gains in parliamentary elections on Sunday but probably not enough to wrest legislative control from President Hugo Chavez in the 12th year of his socialist "revolution." By Venezuela's past volatile standards, campaigning for the 165-seat National Assembly elections has been peaceful, though there are fears of unrest if either side rejects the results. The energetic Chavez -- who has replaced Cuba's Fidel Castro as Latin America's biggest annoyance for Washington -- has been criss-crossing Venezuela to drum up support for his candidates in a vote that is a precursor to the 2012 presidential race. "The battle goes beyond September 26. Its final objective is 2012, where we will again win the presidency," Chavez, 56, told supporters during one of his many daily speeches and rallies. A big victory for Chavez would probably mean a deepening and acceleration of his socialist overhaul of South America's top oil exporter. But he could also respond to a weak showing on Sunday by driving quick reforms through the National Assembly before new legislators take office. Bondholders are wary of sudden policy moves after the vote. Chavez's popularity is hovering in the 40-50 percent range, according to most polls and analysts. That is well below his highs of previous years, but probably enough to ensure his ruling Socialist Party keeps a majority in parliament. The Socialists are a couple of percentage points ahead of a newly-united opposition umbrella group, Democratic Unity, polls show. That, combined with changes to voting rules and the electoral map that favor the government, means Chavez's party enters the vote as favorite. OPPOSITION GUARANTEED ADVANCES Opposition parties are, however, guaranteed significant gains because they boycotted the last parliamentary vote in 2005. Democratic Unity candidates believe voter discontent with Chavez's authoritarian style, one of the world's worst murder rates outside a war zone, a second year of recession and untamed inflation give them a real shot at winning a majority. "The people have fallen out of love with Chavez. We're coming back!" said Berta Morales, a veteran activist with Democratic Action, one of the parties in the opposition group. The opposition may run Chavez close on the overall popular vote, giving it a symbolic boost ahead of 2012, although analysts believe his allies will keep control of the legislature. "Chavez's party will surely maintain a comfortable majority in the National Assembly given the electoral system is skewed in its favor," said Eurasia analyst Daniel Kerner. On the streets, there is more grumbling than in the past from Chavez supporters, but they remain grateful for a plethora of government initiatives in poor areas, ranging from subsidized food outlets to free clinics run by Cuban doctors. 1 2 Next World Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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