Bolivian president, Evo Morales, says his Venezuelan counterpart, Hugo Rafael Chávez Frías, is in stable conditions but still suffering from relapses in his recovery from a fourth round of surgery for cancer. Morales couldn't meet with Chavez but said doctors and relatives of Chávez informed him about his current condition.
Mercosur more than a common market is a “poor customs union” said Uruguayan president Jose Mujica adding that new discussions on the future of the group’s future should be considered but which imply the possibility of establishing new free trade agreements with third parties.
Opposition leader Henrique Capriles accused Venezuela’s government on Friday of repeatedly lying about President Hugo Chavez’s condition, and said the truth will be known within days.
Rafael Marquina the Venezuelan doctor who is famous for giving precise information in his Twitter on the health condition of President Hugo Chavez, on Monday published additional data revealing probably what seems the most rational reason for the leader’s return to his home country.
Venezuelan President Hugo Chavez is resting in Caracas military hospital after his Monday early dawn return from Cuba where he spent ten weeks recuperating from cancer surgery. However contrary to other occasions no video or pictures were shown and officials confirmed he has a tracheal tube which limits speech.
Venezuelans got the first glimpse in more than two months of their ailing president Friday in a series of photos the government released in a televised announcement. In the photos, Hugo Chavez is lying on a blue pillow, flanked by his two daughters, while he reads the Cuban official newspaper Granma. He is smiling, and his face looks a little swollen.
Fitch ratings has lowered Argentina, Venezuela and El Salvador credit and growth prospects to negative, while for the rest of Latinamerica the situation remains stable, according to a seminar in Frankfort, on “Latinamerica opportunities and challenges”.
The International Monetary Fund, IMF, praised Venezuela for the recent devaluation of its currency saying it is a positive attempt to reduce macroeconomic misbalances but also called on the government of President Hugo Chavez to continue eliminating the exchange rate distortions.
Venezuela devalued its currency for the fifth time in nine years as ailing President Hugo Chavez seeks to narrow a widening fiscal gap and reduce a shortage of dollars in the economy. The new exchange rate falls by 32% to 6.3 Bolivar per dollar starting Feb. 13, Finance Minister Jorge Giordani told reporters in Caracas.
Vice-president Nicolas Maduro, read an eleven page letter he said was written by ailing President Hugo Chavez in which the Venezuelan leader calls for Latinamerican unit, praises Cuba’s chairmanship of CELAC group and takes time to support Argentina’s claims over the Falkland/Malvinas Islands.