51% of the voters have rejected Hugo Chavez's constitutional changes in Venezuela, therefore not allowing him to reduce the working day to six hours, grab private property, and run unlimited times for President. The latter is probably crucial for Venezuela, since it means that in five years time, Chavez has to stand down, and somehow he has to be replaced. Which can only be healthy for the country and their attempts to avoid dictatorship.

Unless Chavez happens to look to what is happening in the East…