Chavez undeterred by vote defeat

Chavez said he may have picked the wrong time, but would continue to push for charter change [EPA]
Hugo Chavez has vowed to continue his socialist agenda hours after narrowly losing a referendum to implement sweeping constitutional changes, his first electoral defeat in nine years as president. The electoral authority announced early on Monday the "No" camp had won 51 per cent of the vote compared to the pro-Chavez "Yes" camp's 49 per cent.
"I want you all to know I'm not withdrawing a single comma of this proposal," Chavez said after conceding defeat. "I will continue making this proposal to the Venezuelan people. The proposal is still alive."
'Wrong timing' Chavez said later that Venezuelans may not yet be ready for his proposed constitutional revisions.
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