The health of Venezuela’s President Hugo Chavez continues to cause uncertainty. Speculation rests on whether he will be fit enough to take office and will his appointed successor, Nicolas Maduro, be up to the task of leading the left-wing regime which Mr Chavez created and has run for 14 years.

SEVERE respiratory problems following cancer surgery in Cuba are likely to delay the inauguration of Venezuela’s Hugo Chavez for his fourth term as president.

Mr Chavez, 58, is due to be inaugurated on January 10, 2013, but he has not been seen in public for four weeks. He underwent his fourth cancer operation in 18 months on December 11, 2012.

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Dr. Joseph S. Tulchin
Speculation that Mr Chavez may not be well enough to lead Latin America’s biggest oil exporting country resulted in Venezuelan government bonds rallying to a five-year high
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