CARACAS, Monday November 09, 2009 | Update
Western Hemisphere
Bolivian President Evo Morales supported on Monday his Venezuelan counterpart Hugo Chávez, who called upon militaries to get ready for a war in reference to the increasing tension with neighboring Colombia.
Morales also disclosed that he would call an emergency meeting of member states of the Bolivarian Alternative for the Peoples of Our America (ALBA).
"Any president has the duty to defend dignity and sovereignty of his territory; that is constitutional;" Morales said in a press conference held on Monday in the central city of Cochabamba, Bolivia, AP reported.
"I have come to the conclusion that it is annexation of Colombia to the United States. Colombia is a US military base," Morales reasoned. "It is open provocation to the countries which are starting to dignify their people, and to revolutionary governments," he added.
01:11 PM.
Economy.
Domestic inflation rate in Venezuela was 1.7 percent in January, at the same rate as in December 2009, despite currency devaluation at the start of the year decreed by President Hugo Chávez, a senior government source told Reuters on Tuesday.