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Slideshow Download our Wider Image iPad app Images of October Follow Reuters Facebook Twitter RSS YouTube Read After Obama win, U.S. backs new U.N. arms treaty talks 07 Nov 2012 Boehner: "Obamacare is law of the land" 1:52am EST Iran issues warning after targeting U.S. drone 8:05am EST Obama plans "fiscal cliff" statement as showdown looms 8:43am EST "Dancing" co-host Brooke Burke has thyroid cancer 08 Nov 2012 Discussed 181 After Obama win, U.S. backs new U.N. arms treaty talks 169 White House race goes down to the wire 86 Obama win shows demographic shifts working against Republicans Sponsored Links Chavez to Obama: forget global wars, fix domestic woes Tweet Share this Email Print Related News Obama, buoyed by election win, faces new battles Thu, Nov 8 2012 WRAPUP 26-Americans hand Obama a second term, challenges await Wed, Nov 7 2012 Scorecard: Projected results in the Electoral College Wed, Nov 7 2012 White House race goes down to the wire Tue, Nov 6 2012 Obama, Romney focus on swing states in late campaigning Mon, Nov 5 2012 Analysis & Opinion Obama continuity is good for China-U.S. ties Election shines light on long path to post-racial America Related Topics World » Venezuela » Venezuela's President Hugo Chavez salutes Brazil's Foreign Minister Antonio Patriota as he leaves in a car after their meeting at the Miraflores Palace in Caracas November 1, 2012. Credit: Reuters/Carlos Garcia Rawlins By Andrew Cawthorne CARACAS | Fri Nov 9, 2012 8:49am EST CARACAS (Reuters) - The U.S. government's chief antagonist in Latin America, Hugo Chavez of Venezuela, has advised newly re-elected U.S. President Barack Obama to avoid further entanglement in international conflicts and concentrate on fixing internal problems. "He should reflect first on his own nation, which has a lot of economic and social problems. It's a divided, socially fractured country with a super-elite exploiting the people," the socialist president said late on Thursday in his first reaction to Obama's victory this week. The maverick Chavez, who has inherited Fidel Castro's mantle as Latin America's most voluble challenger of U.S. power and policy, said it was time Obama pulled back from global affairs. "He should dedicate himself to governing his country and forget dividing and invading other nations," added Chavez, who has constantly criticized U.S. involvement in Iraq, Afghanistan and other hot spots around the world. To the disappointment of the U.S. government, Chavez was re-elected for another six-year term in October, providing a continued platform to implement his self-styled socialist revolution and keep railing against Washington. The 58-year-old Chavez, a quieter figure these days after a year of debilitating treatment for two bouts of cancer, had backed Obama over Republican challenger Mitt Romney in the White House. Nevertheless, he does not disguise his disappointment in Obama, accusing him of perpetuating the same aggressive foreign policies as his predecessor, George W. Bush. Since his October 7 presidential election victory over opposition challenge Henrique Capriles, Chavez has been relatively subdued, only popping up on state television once or twice a week in meetings with ministers. He has made no major new policy announcements, beyond promising more efficiency in government and a widening of socialist "communes" across Venezuelan society. Many Venezuelans expect a devaluation of the bolivar currency in coming months - the black market rate is three times the official one - and perhaps more nationalizations in an economy where Chavez has radically increased state ownership. "I'M NO WOLF" Speaking at a Cabinet meeting, Chavez made light of nationalization concerns, urging businesses not to fear him. "Come and invest! Don't believe the fairy tale that we're going to expropriate you," he said in comments on state TV. Earlier in the week, Chavez plied the same line, espousing a supposed new moderation toward private business that critics scoff at as hypocritical and barely believable. "It's totally false that I have a plan to expropriate everyone," he said then. "Don't be deceived by that tale of 'here comes the wolf.' Lies. I'm urging you to come and work." He was less conciliatory in his view of Venezuela's upcoming state elections on December 16, casting them in his Thursday appearance as a continuation of the state's battle against "counter-revolutionary" candidates of "the bourgeoisie." "We have to keep fighting this ideological confrontation," he urged his candidates for governorships in the 23 states. The most closely watched vote is in Miranda state, where incumbent governor Capriles aims to hold off a challenge from Elias Jaua, a heavyweight Chavez ally and former vice president. Should Capriles lose, it would dent his status as Venezuela's main opposition leader and deal another blow to the coalition of anti-Chavez parties already demoralized by their failure to oust him from the presidency. However, pollster IVAD put Capriles way ahead this week, with 55 percent of voter intentions versus 34 percent for Jaua. The opposition currently holds seven states. (Additional reporting by Diego Ore; Reporting by Bill Trott) World Venezuela Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. 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. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (3) Tiu wrote: Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us 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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