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Wednesday, 10 March 2010 - Chavez trusts God and nature in power crisis |
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    Read more with google mobile : Chavez trusts God and nature in power crisis |

    Edition: U.S. Article Comments (4) Save Email Print Reprints Most Popular Most Shared U.S. herpes rates remain high - CDC 09 Mar 2010 Corey Haim dies of overdose 9:28am EST Democrats doubt deadline on healthcare 09 Mar 2010 WRAPUP 2-Sony, Samsung detail 3D TV plans 09 Mar 2010 Bomber's death fresh blow to Indonesia militants | Video 7:51am EST U.S. herpes rates remain high - CDC 09 Mar 2010 Corey Haim dies of overdose 9:28am EST China's military bluster camouflages toothless bite 08 Mar 2010 Wine may help women keep weight in check 08 Mar 2010 Chocolate-powered racecar makes sustainability sexy 09 Mar 2010 The Climate Desk Felix Salmon How are companies managing their climate-change risks and is there a better way to do it? Felix Salmon will tackle the topic regularly on The Climate Desk, a soon-to-be-launched website.  Full Article  Chavez trusts God and nature in power crisis CARACAS Wed Mar 10, 2010 10:12am EST Venezuelan soldiers replace incandescent light bulbs with energy saving bulbs in a house in Caracas March 8, 2010. Credit: Reuters/Carlos Garcia Rawlins CARACAS (Reuters) - President Hugo Chavez is confident that God and nature will pull Venezuela out of a power crisis battering both the economy and his popularity. World  |  Green Business Rationing and blackouts have afflicted the South American oil exporter since late 2009, due mainly to a drought that has cut water levels at hydroelectric installations normally supplying more than two-thirds of power needs. The crisis may cause a second year of economic contraction in Venezuela and is also weighing on Chavez's approval ratings ahead of a legislative election in September that he and opponents are casting as a referendum on his rule. "The squalid ones are hoping it won't rain," Chavez said late on Tuesday, using his usual term for the opposition. "But it's going to rain, you'll see, because God is a 'Bolivarian.' God cannot be squalid. Nature is with us," the socialist leader added during an event with athletes. In power for 11 years, Chavez portrays his "21st century socialism" as a revival of the ideals of South American independence hero Simon Bolivar, even changing Venezuela's name to the "Bolivarian Republic of Venezuela." Venezuela's next rainy season is due around May, although meteorologists say there may be delays this year due to the El Nino weather phenomenon. The government has introduced rationing across Venezuela and is threatening fines and cutoffs to large consumers who fail to reduce power use by 20 percent. "I apologize to all the people who are suffering electricity rationing. But I've said it since the start of the year, we have to do it. It's like being put on a diet, in this case an electricity diet," Chavez said. Authorities say the main reservoir, El Guri, is close to "collapse," possibly in May or June, if there is no rain soon. "Guri is 13 meters (43 feet) away from what they call the level of collapse," Chavez said. "It would just shut down. We'd have to close the Guri plants which supply electricity for half of Venezuela. That's the reality." (Reporting by Enrique Andres Pretel; Writing by Andrew Cawthorne; Editing by Eric Beech) World Green Business Comments See All Comments (4)  |  Post Comment Mar 10, 2010 10:08am EST Ironically, Simon Bolivar was a free-market “classical liberal” (liberals back then were the opposite of the authoritarian socialists we call liberal today). He was a fan of T. Jefferson and Adam Smith…according to his own writings and the books he owned. Sigh…but we believe whatever politicians tell us, don’t we? andrewhorning Report As Abusive     Mar 10, 2010 10:08am EST Chavez is a moron he’s more of a celebrity than a politician, but which one is worse? merkobmerkin Report As Abusive     Mar 10, 2010 10:17am EST Thought this guy was a devout communist? MrEz Report As Abusive     Mar 10, 2010 10:23am EST welcome to: www.kogoin.com The website wholesale for many kinds of fashion shoes, like the nike,jordan,prada,**** All the products are free shipping, and the the price is competitive, and also can accept the paypal payment.,after the payment, can ship within short time. free shipping competitive price any size available accept the paypal www.kogoin.com sssssss yoizxfs Report As Abusive       See All Comments (4)       Add a Comment More from Reuters GDP seen slowing, tying Fed hands on rates NEW YORK (Reuters) - After a growth spurt at the end of 2009, the U.S. economy will slow in the months ahead, keeping the Federal Reserve from raising borrowing costs until the final three months of the year, a Reuters poll showed. Pelosi faces biggest test on healthcare vote Markets edge higher after M&A activity | Video Chavez trusts God and nature in power crisis Blue chips' ties to pay advisers under spotlight Barclays seen on lookout for U.S. bank deal » More Top News Pay advisers face hefty price A dark corner of corporate America is being thrust into the harsh glare of disclosure -- and some big names are cringing.  Full Article  AIG devises formula for bonuses CEO bonuses fell 22 percent in 2009 Regulatory China barks, can't bite China has poured billions into its military, but it has got a long way to go before its bite catches up with its increasingly loud, and for some fearsome, bark.   Full Article  China says it's committed to U.S. debt Hints of divisions about yuan policy China © 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   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal EVCJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week 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. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. 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.

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