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Edition: U.S. Article Comments (0) Slideshow Video Full Focus Editor's choice A selection of our top photos from the past 24 hours. Full Article Follow Reuters Facebook Twitter RSS YouTube Read Casey Anthony found not guilty of daughter's murder | 05 Jul 2011 Casey Anthony trial turned into media frenzy | 12:19am EDT Looking for answers, Casey Anthony's father bought gun 29 Jun 2011 Casey Anthony found not guilty of murder of daughter | 05 Jul 2011 Wayans brothers face trial for alleged joke theft 30 Jun 2011 Discussed 207 Minnesota government shutdown begins after talks fail 122 Obama: ending tax breaks required to cut deficit 102 White House snubs McConnell invitation to Obama Watched Casey Anthony found not guilty of murder Tue, Jul 5 2011 Casey Anthony found not guilty 2:53am EDT Obama on the debt limit 8:15am EDT Home again, Chavez salutes independence Tweet Share this Email Print Related News Q+A: Chavez home, but leadership questions remain Tue, Jul 5 2011 Analysis: Chavez foes see Venezuela's cure in 2012 vote Tue, Jul 5 2011 Analysis & Opinion Is Europe’s debt crisis a “Lehman Moment” for America? Notes from Freedom, New Hampshire Related Topics World » Cuba » Venezuela » Related Video Chavez vows to beat cancer Mon, Jul 4 2011 1 / 13 Venezuela's President Hugo Chavez hugs his daughters Rosa (L) and Maria while appearing to supporters on a balcony of Miraflores Palace soon after his return to the country from Cuba, where he underwent surgery and treatment for cancer, in Caracas July 4, 2011. Credit: Reuters/Carlos Garcia Rawlins By Daniel Wallis and Andrew Cawthorne CARACAS | Wed Jul 6, 2011 1:23am EDT CARACAS (Reuters) - Venezuelan President Hugo Chavez saluted his people on their 200th anniversary of independence on Tuesday, looking pale but defiant after a triumphant return from cancer surgery in Cuba. Ordinarily, the 56-year-old would have been out watching the parades of troops, tanks and fighter jets marking the bicentennial of the end of Spanish colonial rule. Instead, he gave a brief address from inside his presidential palace. "Here I am -- in recovery but still recovering," he said. Chavez hinted he hoped to prolong his rule for many years to come, urging supporters to join a "new, long march" to another bicentennial celebration in 2021 of a famous battle. His return from Havana has let him reassert political control over the South American OPEC member. But it has not dispelled concerns his illness could curb his ability to rule, or to campaign for a presidential election due next year. The socialist leader had a cancerous tumor removed and it is unclear whether malignant cells spread. He needs "strict" medical treatment but has vowed to win his health battle. One source close to Chavez's medical team told Reuters the president could have colon cancer in an advanced condition that would require chemotherapy for several months. His doctors recommend he should be treated in Venezuela, the source said, where a wing of the Military Hospital has been prepared for him. The chemotherapy would start once Chavez was fully recovered from the operations, the source added. There was no confirmation of that, and the only official details of Chavez's condition have been given by himself. Allies express confidence he will make a full and fast recovery. After an emotional homecoming speech to thousands of delirious supporters from the palace balcony late on Monday, Chavez swapped his military uniform for presidential regalia to give the short address for Tuesday's celebrations. "We have recovered our independence," said the president, who has cast his 12 years in power as the liberation of Venezuela from decades of rule by corrupt oligarchies. Critics see it otherwise -- arguing that Chavez's autocracy has cut short the country's proud democratic tradition. FIREWORKS RISE, BONDS FALL Chavez made his first appearance at home in almost a month on the palace balcony on Monday, the same spot where he greeted ecstatic supporters in 2002 after a failed coup against him. Singing the national anthem, waving a huge flag and crossing himself, he thrilled the crowd in a classic example of the showmanship that has made him famous around the world. "Chavez hasn't lost his touch. He still has the magic," U.S. analyst Michael Shifter told Reuters. Any complications of his illness could create political chaos in the continent's biggest oil exporter, where the saga has underlined the lack of an obvious successor. Casting himself as the "spiritual son" of South American independence hero Simon Bolivar, Chavez has been building up to Tuesday's celebration for years, even naming some nationalized companies "Bicentennial" in its honor. Fireworks burst over the capital Caracas from midnight on, ushering in a day of street parties across the nation. Fellow Latin American leftist leaders Evo Morales of Bolivia, Jose Mujica of Uruguay and Fernando Lugo of Paraguay -- who was diagnosed with cancer himself last year -- were joining the celebrations and visiting their ally Chavez. "He looked strong, very encouraged," Morales told reporters after meeting the president. Following sharp gains last week, Venezuelan bond prices fell as Chavez's return poured cold water on speculation of a quick change to a more investor-friendly leadership. The benchmark dollar-denominated 2027 bond fell 1.000 percent to bid 75.375 with a 12.907 percent yield. "As harsh as this may sound, Chavez' faltering health has become the market's friend. It seems to suggest that if he becomes more debilitated, we could see additional upside," UBS said in a note, while cautioning that the election was a long way off and there was no guarantee the opposition would win. PROBLEMS AHEAD OF 2012 POLL Not all Venezuelans were partying on Tuesday, however. Some took to micro-blogging site Twitter to vent their views under the hash-tag "#nadaquecelebrar" ("nothing to celebrate"). "The day that men of ideas parade instead of the men of arms, that day we'll talk," read one widely retweeted message. Chavez has built up broad support among Venezuela's poor by spending billions of dollars in oil revenue on social programs ranging from literacy courses to free medical clinics. His vituperative criticism of U.S. foreign policy has made him a hero for many leftists around the world. Chavez now faces a host of problems that threaten to weaken domestic support including high crime, frequent blackouts, soaring prices and a lack of affordable housing -- issues that made the 2012 election race look tight even before his cancer. And his illness has dented the aura of invincibility of a man famous for nearly superhuman stamina that let him speak for hours on end and make dozens of appearances each month. (Additional reporting by Brian Ellsworth, Deisy Buitrago, Mario Naranjo, Girish Gupta, Diego Ore in Caracas, and Walter Brandimarte in New York; editing by Todd Eastham and Cynthia Osterman) World Cuba 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 (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 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 Super Lawyers Attorney Rating Service 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. 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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