
Supporters of Venezuelan President Hugo Chavez shaved their heads in solidarity with their leader's struggle against cancer. Barbers shaved off the hair of several men and at least one woman while the crowd swayed to a religious song on Sunday as hundreds prayed and sang at a televised event.

US ratings agency Standard & Poor's downgraded Venezuela's foreign and local currency sovereign ratings by one notch Friday, citing the country's political risk as a credit weakness.

Venezuela’s central bank has requested its 99 tons of gold holdings from the Bank of England, according to a bank statement sent by e-mail, citing the institution’s president Nelson Merentes.

Venezuelan president Hugo Chavez appeared before cameras on Monday sporting a shaved head, as the effects of chemotherapy begin to take a toll on his body. Chavez, though, looked energetic and even joked about his “new look” which he had anticipated last week as the “Yul Brynner” look.

Venezuelan President Hugo Chavez has pledged to run for re-election next year, dismissing speculation that cancer treatment would force him out of the political arena.

Venezuelan President Hugo Chavez said he was preparing for a second round of chemotherapy treatment in Cuba to eliminate the risk of malignant cells. Last weekend, Chavez flew back to Cuba for chemotherapy after delegating limited powers to his finance minister and vice president.

President Hugo Chavez proclaimed Venezuela had been robbed of their victory goal after his team was beaten on penalties by Paraguay in the Copa America semi-finals.

Venezuelan leader Hugo Chavez will run for re-election next year despite his struggle with cancer said Finance Minister Jorge Giordani who underlined there’s no Plan B. Giordani’s statement came as the populist leader is in Cuba undergoing chemotherapy and twitted to his compatriots his “insurmountable optimism”.

Venezuelan President Hugo Chávez delegated some powers to his vice president and finance minister on Saturday, hours before a planned departure to Cuba for cancer treatment.

Venezuelan President Hugo Chavez will travel to Brazil for cancer treatment, a Brazilian government source told reporters, following his return home after an operation in Cuba.