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February 7, 2007
Hurricane Hugo
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In the past month, Venezuelan President Hugo Chávez has announced the nationalization of his country's electricity and telecommunication industries, seized control of the central bank, barred the renewal of the license of the nation's oldest independent television station, and assumed the power to rule by presidential decree. But as Chávez consolidates his economic and political power and Venezuela hurtles down the road toward Cuban-style socialism, he continues to lack a viable strategy for development, as Michael Shifter reminded Foreign Affairs readers last summer. Washington can thus best confront him indirectly in the realm of ideas — and ultimately prevail.
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Previously in Background on the News
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Will the Surge Succeed?
January 24, 2007
President Bush's announcement of the deployment of more troops to Iraq has come under fire from several quarters. Nevertheless, the White House is confident that the troop "surge" together with new generals and a new strategy can help quell the violence in Iraq and buy time for political progress to be made. . . . Read more
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How Washington Learned to Stop Worrying and Love India's Bomb
January 10, 2007
In December, President George W. Bush signed a law that allows the United States to trade civilian nuclear material and technology with India, reversing decades of U.S. protestations over India's flouting of the global nonproliferation regime in a bid for a new strategic partnership. . . . Read more
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Trouble in Palestine
December 20, 2006
As violence escalated last week among factions competing for power in the Gaza Strip, Palestinian President Mahmoud Abbas suddenly announced early elections. Whether Abbas' Fatah party can unseat the radical Hamas remains unclear, as does the future of the Israeli-Palestinian peace process. . . . Read more
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