Embattled Venezuelan leader Nicolas Maduro wins another six-year term

Get the Full StoryREUTERS Carlos Garcia Rawlins

Embattled Venezuelan leader Nicolas Maduro won another six-year term as president.

His opponents have cited mass irregularities in the election process and have decried his win as a farce propping up a dictatorship.

The US on Sunday also pledged not to recognize the outcome of the election, and said it is "actively reviewing" new sanctions against Venezuela's oil sector.

CARACAS, Venezuela Reuters - Venezuela's leftist leader Nicolas Maduro won a new six-year term on Sunday, but his main rivals disavowed the election alleging massive irregularities in a process critics decried as a farce propping up a dictatorship.

Victory for the 55-year-old former bus driver, who replaced Hugo Chavez after his death from cancer in 2013, may trigger a new round of western sanctions against the socialist government as it grapples with a ruinous economic crisis.See the rest of the story at Business InsiderNOW WATCH: Why so many fast food logos are redSee Also:Malaysia's former attorney general reportedly chose not to investigate how 10.6 million from a state fund ended up in the personal bank account of then Prime Minister Najib RazakRussia looks like it's about to make it illegal for its own people to observe US sanctionsProsecutors dismiss an invasion of privacy charge against Missouri governor Eric Greitens

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