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Venezuelan legislature grants
Chavez special presidential
powers
Venezuela's legislature, the
National Assembly, on Tuesday
approved the so-called Enabling
Law, which grants President Hugo
Chavez special powers for 18
months to enact a series of
measures by presidential decree.
The law gives the president
authority to remake laws for
"the construction of a new,
sustainable economic and social
model" in order to "achieve
equality ... in the distribution
of wealth."
The enabling law covers 11
areas, including transformation
of state institutions, economic
and social matters, finance and
taxation, citizens' security,
justice, national security and
defense.
Chavez was sworn in for a new
six-year term as president of
Venezuela on Jan. 10.
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