Chavez wins Venezuela election

Venezuela's President Hugo Chavez has won a 4th term in office, the country's electoral council has announced. Chavez had faced a strong challenge from Henrique Capriles.

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Victorious Chavez vows to build on socialist agenda

A new six-year term has strengthened Hugo Chavez's grip on the Venezuelan economy. Credit: Jorge Silva / Reuters

Venezuelan President Hugo Chavez has vowed to deepen his socialist revolution after being comfortably returned to office.

Mr Chavez beat opposition challenger Henrique Capriles by more than nine percentage points.

NBCNews.com has more on the impact of the 58-year-old's election victory.

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