A Venezuelan general said on Thursday that President Hugo Chavez's government had "abandoned its functions" and the country was under the control of the armed forces. National Guard Gen. Alberto Camacho Kairuz made the announcement on local television after senior military officers blamed the president for violence during a huge anti-Chavez protest march in which at least 10 people were killed. "All of the country is under the control of the national armed forces," Camacho said. Camacho, accompanied by other officers, said he did not know exactly where Chavez was, but he made a public call for a group of armored cars around the Miraflores presidential palace to withdraw.
G'bye, Hugo. Give our regards to Fidel, if you make it out alive. At least this'll have a good effect on oil prices, even if not on Hugo's resume.
U.S. oil prices fell heavily for the second straight day on Friday as Venezuelan President Hugo Chavez' resignation eased disruptions at the key U.S. supplier and brightened drivers' hopes for cheaper gasoline at the pump this summer. May crude on the New York Mercantile Exchange plunged $1.52 to $23.47 a barrel, the lowest price in five weeks and 18 percent down from recent six-month highs struck as concern mounted over oil supply in both Latin America and the Middle East.
Guess what's gonna happen when they start hanging the princes?
Mr Chavez, who resigned after a three-day general strike in protest against his policies ended in violence, has issued a plea to be allowed to go into exile in Cuba. But the army has rejected this, saying the ex-president must be brought to account for the deaths of at least 13 people during protests on Thursday night.
Where else would he go? He tried hard to bring Cuba to Venezuela... |