At around 1.10am Venezuelan time (roughly 40 minutes before publicating this post) Venezuela's national electoral board confirmed that a slim majority of voters chose to reject the constitutional reforms backed by President Hugo Chavez. With nearly 90% of the votes counted, Consejo Nacional Electoral president Tibisay Lucena declared the "non-reversible" victory by the "No" side by 50.70% to 49.29%. (The reforms backed by the Constitutional Assembly where rejected by 51.05% to 48.94%).
Chavez spoke shortly after Lucena's announcement and accepted defeat while congratulating the opposition.
More on the aftermath of Sunday's referendum coming up later today.
Sources (Spanish)- El Universal, RCN, El Tiempo, Consejo Nacional Electoral
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