Chavez wins third re-election in tightest race yet

President Hugo Chavez won re-election and a new endorsement of his socialist project Sunday, surviving his closest race yet after a bitter campaign in which the opposition accused him of unfairly using Venezuela’s oil wealth and his near total control of state institutions to his advantage.

Venezuela:Bonds rally as Chavez losing invincibility

Venezuelan bonds are posting the biggest rally among major developing nations as investors bet that President Hugo Chavez’s tenure will end soon even if he wins the closest election he’s faced in 14 years. The country’s dollar bonds returned 30 percent this year as Chavez’s battle with cancer slowed his campaign