Chavez referendum defeated
Venezuela's President Hugo Chavez had his first ever electoral defeat this week since he came to power in 1999. Chavez had sought constitutional change that would allow him continue his rule beyond the two term limit currently stipulated, under which he must step down in 2013. The divisive figure who has gained notoriety and cult status due to his vehement criticism of the United States saw his proposals to amend 69 articles of the constitution rejected by the National Electoral Council by 51 per cent to 49 per cent.