Venezuela ranks high among Russia's top arms purchasers

Latin America and the Caribbean

Venezuela's President Hugo Chavez heads to Russia today to buy more than $2 billion in arms. This is an increase in the $3 billion Venezuela spent in the previous three years, from 2005-2007. The U.S. has been worrying over Venezuela's military buildup, and actually stopped selling weapons to the country in 2006.

Speaking of arms, Chavez will visit Spain as part of his Russia trip where he said that he just wants to hug the King, referencing a previous incident where Spain's King Juan Carlos de Borbon told him to shut up.