June 23 (Bloomberg) -- Venezuelan President Hugo Chavez dismissed European press reports that he would sign an agreement with Iran to develop nuclear weapons when he visits the Central Asian country next week.
``We don't need an atomic bomb, because we already have one: it's called the Venezuelan people,'' Chavez said in a televised speech to thousands of supporters at a political rally in Caracas. ``That has the force of 100 atomic bombs.''
Thomas Braun, Lima, Peru
P.S. Chavez spent $4.3 billion in weapons in two years. 55% of Venezuelans are under the poverty line.
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