As North Korean missiles fly, Chavez plans Pyongyang embassy in Caracas

Literally as North Korea fired long-range, nuclear-capable missiles into the Sea of Japan, reports emerged from Caracas that strongman Hugo Chavez plans to invite Kim Jong-il to open an embassy in the Venezuelan capital.

Chavez may also arrange an oil-for-arms deal with Pyongyang when he visits later this month, according to the World Tribune.