Pyongyang, August 10 (KCNA) -- Venezuelan President Hugo Chavez Frias, speaking at a Cabinet meeting on August 6, called upon the world to get rid of the U.S. dollar dictatorship.

He branded U.S. dollar note as "paper not worth a penny", adding the U.S. will get sick over the financial issue in the future. The financial crisis of the "empire" will be further deteriorated, he noted.

The grave developments in the capitalist world show that the world should make a U-turn and be freed from the U.S. dollar dictatorship, the Yankee imperialists' dictatorship, he stressed.