Chavez win in Venezuela sets new challenges

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Venezuela's President Hugo Chavez greets his supporters from the Miraflores presidential palace balcony in Caracas, Venezuela, Sunday, Oct. 7, 2012. Chavez won re-election and a new endorsement of his socialist project Sunday, surviving his closest race yet after a bitter campaign against opposition candidate Henrique Capriles.(AP Photo/Rodrigo Abd)Venezuelans awakened on Monday to the prospect of another six years under President Hugo Chavez as the leftist president's supporters celebrated his victory against a youthful rival and a galvanized opposition pledged to build on its gains.

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