As requested.  Doesn't seem like a great loss:

Venezuelan President Chavez Forced to Resign
13 Killed, 110 Wounded in Anti-Government Protests

By JORGE RUEDA
.c The Associated Press

CARACAS, Venezuela (April 14) - President Hugo Chavez, the former army 
paratrooper who polarized Venezuela with his strongarm rule and whose 
friendship with Cuba and Iraq irritated the United States, resigned under 
military pressure Friday after a massive opposition demonstration ended in a 
bloodbath.

Chavez, 47, presented his resignation to the military after top commanders 
confronted him at the presidential palace. Before dawn he left the palace - 
wearing a military fatigues and red beret, as he did when he led a failed 
1992 coup - and was put in detention at Caracas' Fort Tiuna army base.

He quit just hours after at least 13 people were killed and 110 wounded 
during a 150,000-strong opposition demonstration in downtown Caracas. Chavez 
had ordered National Guard troops and civilian gunmen, including rooftop 
snipers, to stop the marchers from reaching the palace, military officers 
said.

But opposition to Chavez's three-year presidency had been growing for some 
time. His one-time 80 percent popularity ratings plunge to below 30 percent 
this year as he repeatedly accused business leaders, labor, the news media 
and even Roman Catholic Church leaders of conspiring to overthrow him.

The armed forces - which has traditionally strong ties to the U.S. military 
- resented Chavez's distancing of Venezuela from Washington, including a 
decision to suspend Venezuela's participation in regional military 
exercises. Many also resented Chavez's ties with leftist Colombian 
guerrillas and with Fidel Castro's Cuba: Many senior officers had fought 
Cuban-backed communist guerrillas in the 1960s and early 1970s.

With Chavez's ouster, jubilant executives at Venezuela's state oil monopoly, 
who had been engaged in a work slowdown, promised to bring production and 
exports up to speed as quickly as possible. Venezuela is the No. 3 supplier 
of oil to the United States and the world's fourth biggest exporter.

Oil prices dipped on news of Chavez' downfall, amid expectations of a 
production increase. Oil markets have been concerned over supply after 
Iraq's decision this week to suspend exports to Israeli allies.

Pedro Carmona, head of Venezuela's largest business association, announced 
he would head a transitional government to be installed later Friday.

Chavez was being held at the army base while investigators decide what 
charges he could face for Thursday's violence, said army commander Gen. 
Efrain Vasquez Velasco. Chavez asked to be allowed to go into exile in Cuba, 
but the miltiary turned him down, army Gen. Roman Fuemayor told Globovision 
television. ''He has to be held accountable to his country,'' Fuemayor said.

In downtown Caracas, streets were littered with debris - and in some places, 
stained with blood. Shops and businesses remained closed, and most people 
simply stayed home, stunned and wondering what would come next. Buses were 
half-empty, and those reporting to work hurried amidst rubble-strewn 
sidewalks.

Thousands of Venezuelans celebrated overnight, waving flags, blowing 
whistles and jamming a main highway in Caracas. Police warned that Chavez 
supporters reportedly were distributing weapons, especially in the hillside 
slums surrounding the capital. Officers raided storehouses, seizing dozens 
of firearms.

''I urge Venezuelans to maintain calm, to keep faith, to continue working on 
the road toward democracy, freedom and peace,'' said retired Gen. 
Guaicaipuro Lameda, who until February headed the oil company and was a 
leader of the movement to oust Chavez. ''It's with sadness that to reach 
this point, so many people had to die, so many wounded.''

The Bush administration said it was closely monitoring the political 
upheaval in Venezuela. ''Our interests are in democracy and democratic 
institutions,'' said a senior U.S. official traveling with Secretary of 
State Colin Powell in Jerusalem.

In London, Brent crude oil opened 44 cents down from Thursday at $24.60 per 
barrel. In New York, May contracts of light sweet U.S. crude fell 46 cents a 
barrel to $24.53.

The rapid developments stunned this oil-rich, yet poverty-stricken nation.

The gigantic demonstration in Caracas late Thursday was the culmination of a 
strike called by the 1 million-member Venezuelan Workers Confederation and 
the business association Fedecamaras. The strike was in support of the 
protesting executives at the state oil company, Petroleos de Venezuela.

National Guard troops fired tear gas at the front ranks of marchers bearing 
sticks and throwing rocks. Tear gas drifted into the presidential compound. 
Rooftop snipers and Chavez supporters repeatedly fired upon the protesters 
and even ambulance crews trying to evacuate the wounded. As many as 110 
people were wounded, Greater Caracas Mayor Alfredo Pena said.

As the bloodbath unfolded, Chavez ordered five Caracas television stations 
off the air. Most Venezuelans were denied images of ''Chavistas'' repeatedly 
firing on unarmed protesters, bodies lying in pools of blood on the streets, 
and hooded thugs attacking police until after the military rebelled.

The wave of protests marked the end for a president whose rule had been a 
stormy one.

Chavez had irritated Washington with his close ties to Cuban President Fidel 
Castro, visits to Iraqi leader Saddam Hussein and to Libya, and criticism of 
U.S. bombings in Afghanistan.

And he had alienated virtually every sector of Venezuelan society, with his 
attacks on the news media and Roman Catholic Church leaders, his refusal to 
consult with business leaders, and his failed attempt to assert control over 
labor groups.

Chavez's government also inherited a staggering $21 billion in back wages 
and pensions owed workers by previous administrations - a debt he was unable 
to pay.

His suspected ties to Colombia's leftist guerrillas angered many in the 
military and abroad.

Domestic opponents claimed his government was secretly arming neighborhood 
block committees known as ''Bolivarian Circles,'' named after South American 
liberator Simon Bolivar, to defend his revolution. The Circles were created 
after Castro urged Chavez's supporters to organize during a 2000 visit.

Chavez also exasperated Venezuelans with his frequent use of ''cadenas'' - 
hours-long presidential speeches that by law had to be broadcast by all 
Venezuelan TV and radio stations.

For Chavez, who on Tuesday boasted he would remain president until 2021, the 
end came quickly.

Just last Friday, he refused to negotiate with the striking oil executives, 
who were demanding that he remove a company board he had appointed Feb. 25. 
The executives claimed Chavez was trying to strengthen his hold on a 
multinational corporation that cherishes its autonomy.

The oil executives launched a slowdown last week that cut production at the 
Paraguana refinery complex, one of the world's largest, to below 50 percent 
capacity. They closed another refinery, disrupted gasoline deliveries and 
all but stopped loading of oil tankers. Oil generates 80 percent of 
Venezuela's foreign earnings.

The Air Force chief, Gen. Regulo Anselmi, said the military urged Chavez on 
Wednesday to negotiate. He agreed, but by then the Petroleos de Venezuela 
executives had rejected such overtures.

After Thursday's violence, the high command decided Chavez had to go, and 
they confronted him en masse in his offices, Anselmi said. Troops seized the 
government television station as tanks rumbled on the streets. Chavez's 
longtime mentor, former Interior Minister Luis Miquilena, condemned the 
repression.

Chavez, surrounded by a nervous Cabinet, finally handed his resignation to 
Anselmi, Armed Forces Inspector General Gen. Lucas Rincon Romero and 
National Guard commander Gen. Belisario Landis.

''Being a friend of his for many years, I advised him to resign and allow 
Venezuelans to avoid a bigger bloodbath,'' said Gen. Francisco Uson, who 
until Thursday served as Chavez's finance minister.

''We ask the Venezuelan people's forgiveness for today's events,'' said 
Vasquez Velasco, the army commander. ''Mr. President, I was loyal to the 
end, but today's deaths cannot be tolerated.''

AP-NY-04-12-02 1040EDT

Copyright 2002 The Associated Press. The information contained in the AP 
news report may not be published, broadcast, rewritten or otherwise 
distributed without the prior written authority of The Associated Press.

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