BBC: Venezuela's President Hugo Chavez has accused Spain's King Juan Carlos of "arrogance" after he told Mr Chavez to shut up during a summit in Chile.
However, Mr Chavez said he did not want a political crisis with Spain following the clash - only that Venezuela's head of state be respected.
Later, however, he said political, diplomatic and economic ties with Spain were being closely reviewed. Spain king 'arrogant' says Chavez (more)
Mark Alexander
