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Official state flag of Venezuela.

The Bolivarian Republic of Venezuela is a democratic nation, as of early 2012 governed by a Bolivarian government. It formally achieved independence from imperialist Spain in 1811, although the war with Spain continued until 1823, and then as Gran Colombia until 1825. From 1948 to 1958 the country was ruled by a brutal right-wing dictatorship, dominated by Marcos Pérez Jiménez. [1] Following this was a period of comparative democracy, but nevertheless the political left was excluded from power. [2] During the late 1980s and early 1990s, economic crisis resulted in widespread indignation against the government, and the eventual house arrest and removal from power of President Carlos Andrés Pérez for corruption. [3] Antigovernment leader Hugo Chávez was pardoned in 1994, and was elected President in 1998 with a resounding majority. Chávez has pursued an independent, democratic socialist policy since his election.

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  • Today, the world is ready to listen to Occupy Wall Street and its claim to speak for the 99% against the profiteering 1%. [1] October 18, 2011
  • Barack Obama speaks about the debt ceiling stand-off saying compromise has become a "dirty word".[2] July 25, 2011
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