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STATE ELECTIONS LOOM

The victory also cements his status as a towering figure in modern Latin American history and an icon of the political left. But the slimmer margin of victory 10 percentage points, down from 25 points in 2006 reflected growing frustration among Venezuelans at day to day problems such as rampant crime and blackouts, which Chavez will be under pressure to tackle.

´╗┐Chavez revels in convincing election win

Capriles, a 40 year old state governor, bared his soul on Monday in a flurry of emotional Twitter messages, and urged his followers not to give up.

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In a nod to the opposition strong showing, Chavez promised in his victory speech to be a president. On Monday, he said on his Twitter account that he had a conversation with Capriles and called on Venezuelans of all political stripes to unite.

With the election over, all eyes are on Adidas Rose 773 Iii

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The new six year term clears the way for Chavez, who is recovering from cancer, to consolidate state control over Venezuela economy, possibly with more nationalizations, and continue his support for left wing allies in Latin Adidas Originals Womens Sl Loop Runner Sneaker

Opposition leaders were crushed by the loss. After a tireless Adidas Sl Sneakers campaign that generated widespread euphoria among anti Chavez voters and saw Capriles narrow the gap in polls, the opposition was hoping to finally unseat their nemesis.

have our differences with President Chavez, but we congratulate the Venezuelan people on a process that included high levels of participation, White House spokesman Jay Carney told reporters aboard Air Force One.

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Though Capriles was indisputably the strongest candidate to face Chavez since the leftist leader was first elected in 1998, few in the opposition thought the fight was fair.

crude.

Capriles and other leaders of the Democratic Unity coalition must now prepare for state governor elections in December. They were hugely disappointed at winning a majority vote in only three of Venezuela 24 states on Sunday, and need to win more governorships to chip away at Chavez influence.

A decade long oil boom has allowed him to fund ideological allies from Bolivia to Cuba, where Chavez victory was met with relief. Cuban leader Raul Castro was among the first foreign leaders to congratulate Chavez, calling the vote a resounding endorsement of the Venezuelan leader Revolution. sends discounted oil to more than a dozen Central and South American countries. Communist led Cuba, for example, receives more than 100,000 barrels a day of Venezuelan Adidas Sl Loop Onix

Any recurrence of the pelvic cancer that has already forced him to undergo three operations in Havana since June 2011 could derail his plans.

Chavez victory pushed Venezuelan bond prices slightly lower on Monday in thin trading as some investors unwound bets that Capriles would win. Despite Chavez anti capitalist rhetoric, Venezuelan bonds are among the most traded emerging market debt on Wall Street because they offer high yields. agitator, criticizing Washington while getting close to its adversaries, including Syria and Iran.

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He also handed out houses and pensions financed with state funds, often in ceremonies that glorified his administration, while warning that the opposition would undo such programs.

That message resonated with poor voters, with whom Chavez h as cultivated a remarkable bond over the years by funneling record oil revenues to social programs.

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Relations with Washington are likely to remain on edge, though Venezuelan oil has continued to flow to the United States over the years despite diplomatic tensions.

know a lot of people are sad, but we need to bounce back and keep believing that we can and will build a better country, he said.

The conciliatory tone marked a stark contrast to Chavez on the campaign trail, when he never publicly named Capriles and repeatedly disparaged his challenger as a and a oligarch who would govern only for the rich.

Venezuelan President Hugo Chavez pledged to deepen his socialist revolution after a comfortable election victory that could extend his divisive leadership of the OPEC nation to two decades.

will continue along the path of democratic and Bolivarian socialism of the 21st century, Chavez, 58, thundered from the palace balcony, holding up a replica of the sword of independence hero Simon Bolivar.

The constitution states that if an incumbent steps down in the first four years of a six year term, a new vote would be called meaning that under such a scenario Capriles or another opposition candidate would have another crack at power.

It was an extraordinary victory for a leader who just a few months ago feared for his life as he struggled to recover from cancer. Turnout was a record 80 percent of registered voters, boosting Chavez democratic credentials despite critics depiction of him as an autocrat who tramples on private enterprise and silences political foes.

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Tens of thousands of ecstatic supporters celebrated in the streets around the presidential palace overnight, pumping fists in the air after the former soldier was re elected with 1.5 million more votes than younger rival Henrique Capriles.

what Chavez will do next. After his landslide win in 2006, he ordered takeovers in the telecommunications, electricity and oil sectors. Some worry he could now extend nationalizations to other corners of the economy, including the banking, food and health industries.

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Chavez made ample use of state television and spent 47 hours in broadcasts that forced other local television stations to carry speeches peppered with political commentary.

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Venezuela is often repaid for the oil in services Cuba sends doctors to Venezuelan slums, others pay in food and livestock putting strain on the finances of state oil company PDVSA, which is already struggling to meet output targets.

The Obama administration praised the Venezuelan people for the high turnout, but stopped short of congratulating Chavez.

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