Bloomberg

Venezuelan President Hugo Chavez’s breathing problems have worsened and his health is in a “very delicate” state as he struggles with chemotherapy treatment, Information Minister Ernesto Villegas said. Chavez has a “severe” respiratory infection, his second this year, and is receiving chemotherapy that has had a “strong impact” on the 58-year-old president, Villegas said in a national address yesterday. Prices on the country’s bonds rose.