Venezuela's President Hugo Chavez has died aged 58, after 14 years in power.

 

Mr Chavez  passed on yesterday after a long battle with cancer.
He was one of the most visible, vocal and controversial leaders in Latin America, Hugo Chavez won the presidency in 1998 and had most recently won another six-year presidential term in October 2012.

The VP Nicolas Maduro would assume the presidency until an election was called within 30 days, he added.
"It is the mandate that Comandante President Hugo Chavez gave us," Mr Jaua told state television, adding that Mr Maduro would also be the candidate of the governing United Socialist Party (PSUV).

In his address,Mr Maduro said the president had passed away "after battling a tough illness for nearly two years".
"We have received the toughest and tragic information that... Comandante President Hugo Chavez died today at 16:25 (20:55 GMT)," he added.
Mr Maduro called on the nation to close ranks after its leader's demise.
"Let there be no weakness, no violence. Let there be no hate. In our hearts there should only be one sentiment: Love."

He went on speculate that Mr Chave's illness may have been brought upon by what he called an enemy attack and scientific investigations will be done to ascertain.The U.S called jis claims 'absurd''.

The government of Cuba declared three days of national mourning. In a statement read out on state television, it said Mr Chavez had "stood by Fidel [Castro] like a true son", referring to Cuba's former president, who stepped down in 2006 due to ill-health.
There have been a lot of International reaction to his death from leaders of several countries pouring out their condolences.
Analysts say Mr Chavez's death could alter the political balance in Latin America
It may have an impact on the economy of Venezuela,as the country sells oil at below market prices to some neighbouring countries, especially in the Caribbean.

May he rest in peace.