LITTLE VENETIAN ANTIQUITY

First discovered by Christopher Columbus in 1498, Venezuela (meaning Little Venice) was named so by the Spanish explorers an year later (due to the way the Indians there built their houses over lakes). A prolonged Spanish rule followed, due to which Spanish influence on Venezuelan culture is deep rooted and strong. It was the first permanent settlement of Spanish rulers in South America. After many rebellions and revolutions the country regained independence on July 5, 1811, under Simón Bolívar. Since then, the country has faced major political upheavals. The army grew in power to control the nation in 1830. Juan Vicente Gómez was the last mascot of army rule. After his death in 1935, the country saw a democratic set up emerge, but it took time to enjoy real stability. It came only after Hugo Chavéz became President in 1998. He brought major changes in the constitution and governance. He has stood strong over the oil price issue in all OPEC meetings. But with many of his policies faltering, his seat of power is under threat.

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Source:- IIPM Editorial

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