Daily Headlines: May 17, 2008

* Venezuela: Hugo Chavez apologized to German chancellor Angela Merkel for calling her the political descendant of Adolf Hitler.

* Dominican Republic: President Leonel Fernandez appears to be on his way to keeping his post after yesterday’s general elections.

* Cuba: More reforms could be coming to the island according to the state-run press.

* Argentina: Soybean futures in Chicago rose in trading over renewed protests between argentine farmers and the government.

Sources- Reuters UK, The Latin Americanist, Xinhua, Monsters & Critics, Bloomberg

Image- eluniversal.com