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Venezuela


-Total Workforce Size: 12,670,000
-Unemployment Rate: 7.9%
-Literacy Rate: 95%
-Official Language: Spanish
-GNI Per Capita: $10,090
-Ease of Doing Business rank: 172nd of 183
-S&P's Currency Risk Rating: BB-
-Economist’s 2010 Democracy Index: 96th of 167 (Hybrid Regime)
-Transparency International’s Corruption Perception Index: 164th of 178, score of 2.0

Hugo Chavez Seeks Cancer Treatment




Venezuelan president Hugo Chavez spent the weekend in Cuba to receive another round of radiation treatment.  He intends to return to Venezuela in time to celebrate the ten year reunion of the failed coup against Chavez in 2002.  No specific details surrounding Chavez' battle with cancer have been released, and the type of cancer has not been specified.  Because of this, many have speculated about his political future.

Venezuela Expands its Network Infrastructure
 with Fiber Optic Cabling

The Call Center industry in Venezeula is taking steps to become more competitive through the expansion of Venezuela's fiber optic cabling network.  Venezuelan mobile telephony operator Digitel is currently working to deploy 200km of fiber optic cabling to expand its network infrastructure, local press reported.  Fiber optic cabling revolutionizes telephone and internet connectivity, increasing the reliability of long distance calls and stabilizing broadband connections.    
With this expansion, the Telco's fiber optic network will reach 1,000km, linking capital Caracas with the cities of Valencia, Barquisimeto and Maracaibo.
In the expansion plan's second phase, the operator expects to deploy additional fiber optic to reach 3,000km, according to papers.
Digitel is controlled by telecoms group Telvenco, which acquired 100% of the company in May 2006.
Other mobile operators in the country are Movistar, owned by Spanish telecoms giant Telefónica (NYSE: TEF), and Movilnet, the mobile arm of state-run telecoms operator Cantv.




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