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Hugo Chavez elected president of venezuela
In 1998, Hugo Chavez won the office of president of Venezuela, starting over 18 years of socialist rule. -
Chavez wins referendum to serve out his term
Hugo Chavez beats out the referendum on whether or not he really was supposed to be president of Venezuela. -
Venezuelan land reform bill passes
Hugo Chavez passes the land reform bill to distribute the land to the urban poor. -
Venezuela Russia arms deal
Venezuela and Russia sign a 1.3 billion dollar arms deal to remove power from the U.S. in international relations. -
Colombian cross-border raid on Ecuador
Colombia does a cross-border raid into Ecuador, a Venezuelan ally, which results in increased border security. -
Chavez devalues the bolivar for basic goods
Hugo Chavez devalues the Bolivar by 17% to try and make basic goods more accessible. -
Government extends price controls on more basic goods
The Venezuelan government puts price caps on basic goods to try and make them more accessible to the general public. -
Chavez returns from cancer treatments
Hugo Chavez returns from Cuba after his cancer treatments to run for a fourth term in office. -
Hugo Chavez dies from cancer
Hugo Chavez dies partly through his fourth term from cancer after 58 years. -
Mud party wins two thirds majority
The Mud party wins a majority of the national assembly for the first time, beginning the downfall of the socialist government. -
President Maduro declares economic emergency
President Maduro finally declares an economic emergency after 18 years. -
Venezuelans demand referendum on removal of Maduro
Venezuelans tired of socialist government demand a referendum on whether the socialist should still be in power.
