In a move toward improving strained ties with Washington, Hugo Chavez said Saturday that he is restoring Venezuela's ambassador in Washington. He voiced hopes for a "new era" in relations after exchanging greetings with U.S. President Barack Obama at several points during a regional summit over the weekend.

(Read the AP Wire story at ABC News)

Also, watch a video summarizing new ties America is forging with both Venezuela and Cuba (below).

"President Barack Obama offered a spirit of cooperation to America's hemispheric neighbors at a summit Saturday, listening to their complaints about past U.S. interference in the region."