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Republic Of Venezuela
The Republic of Venezuela was a democratic republic first established in 1958, and replaced in 1999 by the History of Venezuela (1999-present), Bolivarian Republic of Venezuela. Venezuela saw ten years of military dictatorship from 1948 to 1958. After the 1948 Venezuelan coup d'état brought an end to a three-year experiment in democracy ( es, El Trienio Adeco), a triumvirate of military personnel controlled the government until 1952, when it held 1952 Venezuelan presidential election, presidential elections. These were free enough to produce results unacceptable to the government, leading them to be falsified and to one of the three leaders, Marcos Pérez Jiménez, assuming the Presidency. His government was brought to an end by the 1958 Venezuelan coup d'état, which saw the advent of democracy with a transitional government under Admiral Wolfgang Larrazábal in place until the 1958 Venezuelan general election, December 1958 elections. Prior to the elections, three of the m ...
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Federal Republic
A federal republic is a federation of states with a republican form of government. At its core, the literal meaning of the word republic when used to reference a form of government means: "a country that is governed by elected representatives and by an elected leader (such as a president) rather than by a monarch". In a federal republic, a division of powers exists between the federal government and the government of the individual subdivisions. While each federal republic manages this division of powers differently, common matters relating to security and defense, and monetary policy are usually handled at the federal level, while matters such as infrastructure maintenance and education policy are usually handled at the regional or local level. However, views differ on what issues should be a federal competence, and subdivisions usually have sovereignty in some matters where the federal government does not have jurisdiction. A federal republic is thus best defined in contrast ...
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Venezuelan Bolívar
The bolívar is the official currency of Venezuela. Named after the hero of Latin American independence Simón Bolívar, it was introduced following the monetary reform in 1879, before which the venezolano was circulating. Due to its decade-long reliance on silver and gold standards, and then on a peg to the United States dollar, it was considered among the most stable currencies and was internationally accepted until 1983, when the government decided to adopt a floating exchange rate instead. Since 1983, the currency has experienced a prolonged period of high inflation, losing value almost 500-fold against the US dollar in the process. The depreciation became manageable in mid-2000s, but it still stayed in double digits. It was then, on 1 January 2008, that the hard bolívar (''bolívar fuerte'' in Spanish, sign: Bs.F, code: VEF) replaced the original bolívar ( sign: Bs; code: VEB) at a rate of Bs.F 1 to Bs. 1,000 (the abbreviation Bs. is due to the first and ...
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Venezuela
Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in the Caribbean Sea. It has a territorial extension of , and its population was estimated at 29 million in 2022. The capital and largest urban agglomeration is the city of Caracas. The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean, on the west by Colombia, Brazil on the south, Trinidad and Tobago to the north-east and on the east by Guyana. The Venezuelan government maintains a claim against Guyana to Guayana Esequiba. Venezuela is a federal presidential republic consisting of 23 states, the Capital District and federal dependencies covering Venezuela's offshore islands. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the n ...
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Congress Of The Republic Of Venezuela
The Congress of the Republic, also known as the National Congress, represented the Venezuelan Legislative Branch until 1999. It had a bicameral composition: a Chamber of Senators (or Senate) and a Chamber of Deputies. The last president of the Chamber of Senators (who, in turn, served as President of Congress) was Luis Alfonso Dávila, elected senator in the State of Anzoátegui by the Socialist-leaning party Movimiento Quinta República; the last president of the Chamber of Deputies (who also served as Vice President of Congress) was Henrique Capriles Radonski, who was elected deputy in the State of Zulia by the Christian Socialist party COPEI. Different sectors of Venezuelan political life, both in the opposition and in government, have raised the possibility that, at some point, two chambers will again function in the Venezuelan Legislative Branch, resuming their bicameral composition. However, so far these are only proposals that have been made. Official names According ...
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Bicameral
Bicameralism is a type of legislature, one divided into two separate assemblies, chambers, or houses, known as a bicameral legislature. Bicameralism is distinguished from unicameralism, in which all members deliberate and vote as a single group. , about 40% of world's national legislatures are bicameral, and about 60% are unicameral. Often, the members of the two chambers are elected or selected by different methods, which vary from jurisdiction to jurisdiction. This can often lead to the two chambers having very different compositions of members. Enactment of primary legislation often requires a concurrent majority—the approval of a majority of members in each of the chambers of the legislature. When this is the case, the legislature may be called an example of perfect bicameralism. However, in many parliamentary and semi-presidential systems, the house to which the executive is responsible (e.g. House of Commons of UK and National Assembly of France) can overrule the o ...
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Hugo Chávez
Hugo Rafael Chávez Frías (; 28 July 1954 – 5 March 2013) was a Venezuelan politician who was president of Venezuela from 1999 until his death in 2013, except for a brief period in 2002. Chávez was also leader of the Fifth Republic Movement political party from its foundation in 1997 until 2007, when it merged with several other parties to form the United Socialist Party of Venezuela (PSUV), which he led until 2012. Born into a middle-class family in Sabaneta, Barinas, Chávez became a career military officer and, after becoming dissatisfied with the Venezuelan political system based on the Puntofijo Pact, he founded the clandestine Revolutionary Bolivarian Movement-200 (MBR-200) in the early 1980s. Chávez led the MBR-200 in its unsuccessful coup d'état against the Democratic Action government of President Carlos Andrés Pérez in 1992, for which he was imprisoned. Pardoned from prison two years later, he founded the Fifth Republic Movement political party, an ...
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Ramón José Velásquez
Ramón José Velásquez Mujica (28 November 1916 – 24 June 2014) was a Venezuelan politician, historian, journalist, and lawyer. He served as the president of Venezuela between 1993 and 1994. Background and personal life Velásquez was born in Táchira in November 1916. His parents were Ramon Velasquez Ordoñez, a journalist and proofreader for a newspaper and educator Regina Mujica. For his initial studies he was home schooled by his parents in his hometown. He completed his primary education in San Cristóbal Simón Bolívar. In 1935 he traveled to Caracas to finish high school at the Liceo Andres Bello. Velasquez undertook his higher education at the Central University of Venezuela, from which he received a PhD in social and political sciences in 1942 and a law degree in 1943. Writer Velásquez became a reporter for ''Últimas Noticias'' in 1941. Velásquez was the president of '' El Nacional'' on two occasions (1964-1968/1979-1981). He authored numerous books on Venez ...
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Jaime Lusinchi
Jaime Ramón Lusinchi (27 May 1924 – 21 May 2014) was a Venezuelan politician who was the president of Venezuela from 1984 to 1989. His term was characterized by an economic crisis, growth of the external debt, populist policies, currency depreciation, inflation and corruption that exacerbated the crisis of the political system established in 1958. Although accused of corruption after leaving office, Lusinchi was popular during his presidency, and was succeeded by a member of his Acción Democrática political party, Carlos Andrés Pérez. Background Jaime Lusinchi was born in Clarines, Anzoategui, on 27 May 1924. His mother María Angelica Lusinchi, who was of Italian-Corsican descent, gave him her family name. Growing up without the presence of a father (who probably was an Italian immigrant), Lusinchi attended elementary school in his native Clarines and Puerto Píritu, and high school at the Federal School of Barcelona, Anzoátegui. In 1941 he began to study Medicine a ...
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Luis Herrera Campins
Luis Antonio Herrera Campins (4 May 1925 – 9 November 2007) was the president of Venezuela from 1979 to 1984. He was elected to one five-year term in 1978. He was a member of COPEI, a Christian Democratic party. Early life and career Luis Antonio Herrera Campins was born in Acarigua, Portuguesa (state), Portuguesa. He studied law initially at Central University of Venezuela, though his studies were interrupted when he was imprisoned during the regime of Marcos Pérez Jiménez after he organized a strike against the dictator. He continued his studies and writings in exile in Spain and Germany. He eventually earned his law degree in 1955 from the Universidad de Santiago de Compostela. Herrera entered politics in 1937, and from 1959 to 1979 he served in the National Congress. He became President of Venezuela on 12 March 1979. Presidency Herrera won the December 1978 Venezuelan general election, 1978 presidential elections for COPEI, replacing the social democrat Carlos A ...
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Carlos Andrés Pérez
Carlos Andrés Pérez Rodríguez (27 October 1922 – 25 December 2010) also known as CAP and often referred to as '' El Gocho'' (due to his Andean origins), was a Venezuelan politician and the president of Venezuela from 12 March 1974 to 12 March 1979 and again from 2 February 1989 to 21 May 1993. He was one of the founders of Acción Democrática, the dominant political party in Venezuela during the second half of the twentieth century. His first presidency was known as the ''Saudi Venezuela'' due to its economic and social prosperity thanks to enormous income from petroleum exportation. However, his second presidency saw a continuation of the economic crisis of the 1980s, a series of social crises, widespread riots known as Caracazo and two coup attempts in 1992. In he became the first Venezuelan president to be forced out of office by the Supreme Court on charges for the embezzlement of bolívars (roughly 2.7 million US dollars) belonging to a presidential discretion ...
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Rafael Caldera
Rafael Antonio Caldera Rodríguez ( (); 24 January 1916 – 24 December 2009), twice elected the president of Venezuela, served for two five-year terms (1969–1974 and 1994–1999), becoming the longest serving democratically elected leader to govern the country in the twentieth century. His first term marked the first peaceful transfer of power to the opposition in Venezuela's history. Widely acknowledged as one of the founders of Venezuela's democratic system,John D. Martz, "Venezuela, Colombia, and Ecuador," in Jan Knippers Black, ed. ''Latin America, Its Problems and Its Promise'', 2nd ed. (Boulder, Colorado: Westview Press, 1991), 439 one of the main architects of the 1961 Constitution, and a pioneer of the Christian Democratic movement in Latin America, Caldera helped forge an unprecedented period of civilian democratic rule in a country beleaguered by a history of political violence and military caudillos. His leadership established Venezuela's reputation as one of ...
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Raúl Leoni
Raúl Leoni Otero (26 April 1905 – 5 July 1972) was the president of Venezuela from 1964 until 1969. He was a member of the Generation of 1928 and a charter member of the Acción Democrática party, and the first Labor minister of Venezuela (during El Trienio Adeco, 1945–48). Background Leoni was born in El Manteco, Bolívar State, son of Clement Leoni Scribani, born in Corsica. He graduated at the Central University of Venezuela in Caracas as a lawyer. He was a member of the Generation of 1928, and the first Labor minister of Venezuela (during El Trienio Adeco, 1945–48). Presidency Leoni took control of the presidency on 13 March 1964, succeeding Rómulo Betancourt; both were members of the Acción Democrática. One of the pillars of a political consolidation in Venezuela, the ''Pacto de Punto Fijo'', was underestimated by Leoni, since in his opinion it reduced the "coherence and organization of the regime". Strictly, the pact mandated that the composition of the ...
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