Livingstone's controversial tie up with the Venezuelan radical Hugo Chavez to provide the bus fleet with cheap oil will not be renewed

The Venezuelan oil deal is scrapped along with a mayor’s office there; those on income support will lose their discounted travel discounts. Completely 'Caracas.' Livingstone's controversial tie up with the Venezuelan radical Hugo Chavez to provide the bus fleet with cheap oil will not be renewed. The Mayor called the deal 'completely Caracas' during the election campaign, and said: 'I think many Londoners felt uncomfortable about the bus operation of one of the world's financial powerhouses being funded by the people of a country where many people live in extreme poverty.'"