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ZERO EFFECT: A man poses with a Coca Cola Zero can at a supermarket in Caracas.

ZERO EFFECT: A man poses with a Coca Cola Zero can at a supermarket in Caracas.

Venezuelan President bans Coca-Cola's new drink

The Venezuelan government of US-critic President Hugo Chavez on Wednesday ordered Coca-Cola Co to withdraw its Coke Zero beverage from the South American nation, citing unspecified dangers to health. The decision follows a wave of nationalisations and increased scrutiny of businesses in South America's top oil exporter.

Chavez calls Venezuela mandate for socialism

President Hugo Chavez says a referendum victory that removed limits on his re-election is a mandate to intensify his socialist agenda for decades to come. Opponents warn of an impending dictatorship.

http://www.ibnlive.com/news/chavez-calls-venezuela-mandate-for-socialism/85515-2.html

NO SHOW: Chavez blamed the loss on low turnout among the supporters who re-elected him last year.

Hugo Chavez tastes defeat in referendum

The Venezuelan President lost the referendum vote by a whisker 51 per cent of voters.

http://www.ibnlive.com/news/hugo-chavez-tastes-defeat-in-referendum/53505-2.html

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