Chavez condemns military intervention in Libya

Venezuelan President Hugo is condemning the United States and its European allies for their military intervention in Libya. Chavez says in a televised speech that the US and its allies simply want to "seize Libya's oil." He says the United Nations has "infringed on its fundamental principles" by backing the no-fly zone in Libya. 

Chavez has long-standing ties to Libyan leader Moammar Gadhafi and had been calling for mediation to help bring a negotiated solution as rebels have been fighting government troops. Chavez said in a televised speech Saturday, "We know what's going to happen: bombs, bombs, war." He said foreign powers are wrongly meddling in Libya's "internal conflict," and called that sad and "disgusting." (AP)