Watching Government-Reassuring supplier

Venezuela is working hard to repair strained relations with the US government and its oil customers. In an encouraging sign for potential investors, the government may soon accept a referendum on populist leader Hugo Chávez's presidency after Aug. 19.The latest announcement follows quiet negotiations, with some high-powered lobbying thrown in. Republican political heavyweight Jack Kemp represented the Chávez camp at a recent Wall Street Journal editorial meeting, the newspaper said. And opposition leaders have reportedly hired Democratic strategist James Carville to shore up votes for an anticipated, but not certain, election.Meanwhile, the US government and investors watch ...

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