Venezuela’s President Hugo Chavez waves a Venezuelan flag as he greets supporters at the Miraflores presidential palace balcony in Caracas, Venezuela, Sunday, Oct. 7, 2012. Chavez won re-election and a new endorsement of his socialist project Sunday, surviving his closest race yet after a bitter campaign against opposition candidate Henrique Capriles.(AP Photo/Fernando Llano)Your daily look at late-breaking news, upcoming events and the stories that will be talked about today (times in EDT):
1. HUGO CHAVEZ RE-ELECTED TO ANOTHER SIX YEARS
It was the Venezuelan president’s closest race yet, and the victory gives him a freer hand to push for an even bigger state role in the economy. VENEZUELA-ELECTION
2. NOBEL PRIZES NOT QUITE AS RICH
The awards will be announced this week, starting at 5:30 a.m., but the purse has been reduced by 20 percent to 8 million Swedish kronor ($1.2 million), due to turmoil on financial markets. NOBEL-MEDICINE