
Venezuelan President Hugo Chavez is suffering from a new and severe infection that has worsened his breathing as he undergoes intensive chemotherapy, the government said late Monday.

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.

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.

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.

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.

The first summit of the Community of Latinamerican and Caribbean States, CELAC, the brain child of president Hugo Chavez, paid tribute to the Venezuelan leader who is recovering from cancer surgery in Havana, Cuba, the country that on Monday will be receiving the group’s chair from Chile.

Vice-president Nicolas Maduro said on Thursday that Venezuela is willing to have the ‘best possible relations’ with the US government as long as these are based on respect and equality. He added that it was President Hugo Chavez who instructed the newly named Foreign minister Elias Jaua on the issue.

According to a report from Reuters, Brazil is urging Venezuela's government to hold elections as quickly as possible if President Hugo Chavez dies, which in that case would help a smoother leadership transition in Caracas.

Venezuelan President Hugo Chavez's lung infection has been controlled and his medical state is improving, the government announced on Sunday while four of the most powerful figures gathered in Havana allegedly to report to the cancer-stricken leader and meet with Cuban allies.

Organization of American States Secretary General José Miguel Insulza, said in statements to the press that the hemispheric body “fully respects and how could it be otherwise the decision of the constitutional powers of Venezuela regarding the inauguration of the President of that country”.