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  • Venezuela's Chavez: More Oil Production Cuts Monday, 4 Dec 2006 | 1:00 PM ET

    Hugo Chavez easily won re-election as president of Venezuela on Sunday. Chavez called his re-election--a defeat for U.S. President George Bush. Chavez said he will continue to use Venezuela's oil to expand social welfare programs--and continue to challenge the U.S. in Latin America. It's no secret the two men don't like each other.

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