Chavez demands Spain's king apologizes

Venezuelan President Hugo Chavez demanded on Tuesday Spain's king apologize for telling him to shut up, warning that Spanish investments could suffer in its former colony because of the spat.

Chavez, who railed against imperialism and capitalism, named banks Santander and BBVA as possible targets, saying the OPEC nation did not need Spanish business.

"The king lost it," Chavez said at a late-night political rally. "He should say, '... I, the king, confess, I was beside myself, I made a mistake.'"