* Venezuela: Venezuelan President Hugo Chavez is expected to arrive in Russia later today after having signed several agreements with his Chinese counterpart Hu Jintao (image).
* Latin America: According to a U.N. report foreign direct investment in Latin America grew by 36% in 2007 to the tune of $126 billion.
* Chile: Chileans may have to put up with higher electricity costs due to the rapid depreciation of the peso against the U.S. dollar.
* Mexico: Police nabbed two men who carried six tubes of gel explosive though authorities have yet to link them to a deadly grenade attack last week.
Image- BBC News
Sources- The Latin Americanist, IHT, Reuters, La Plaza, New York Times, AHN
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