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Friday, March 09, 2007

Bush and Chavez on Rival Tours in Bid to Win Latin American Hearts and Minds

By Jude Webber in Buenos Aires and Andrew Buncombe in Washington
Published: 09 March 2007

As George Bush arrives in Uruguay tonight as part of a five-nation Latin America tour, his verbal sparring partner, Hugo Chavez, is scheduled to hold a rally 30 miles away across the River Plate in Argentina. The George and Hugo show is poised to start again.

It is unlikely that either will have anything particularly pleasant to say about the other. Despite their symbiotic relationship based on fossil fuel - Venezuela is the fourth largest supplier of oil to the US - Mr Bush and Mr Chavez are engaged in a battle for influence in Latin America. For once it is the US that is running second, with a predominance of countries in the region headed by left-wing leaders.

For decades Washington wielded influence through bodies such as the International Monetary Fund (IMF) and through direct or indirect military intervention when it saw fit. But in recent years the power of the IMF in the region has waned. In that vacuum, Mr Chavez, bolstered by soaring oil incomes, has stepped in and offered countries an alternative source of funding and credit.

Mr Bush's trip, which started in Brazil and which, in addition to Uruguay, will include stops in Mexico, Guatemala and Colombia, is part of an effort to wrest back some degree of initiative in a region the US has long considered its backyard, but where its actions have often had deadly consequences. >>>cont

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