"The CIA believe that if Chavez wins, he will overthrow the governments of Bolivia and Colombia, then use the multiple corruption scadals in Peru as an excuse to invade and remove the current government. The CIA believe that his ultimate plan is to use Venezuela and Peru as twin centres of a revolution to create a Latin American socialist superstate
This is a bonkers idea, but whether it was made up by someone in the CIA, or some reporter at El Mundo I couldn't say. I hope to heaven its a made up story.
Here is a discussion at Crooked Timber. Here is some guy's translation of a report from Spanish. Here is a google search to a bunch of Spanish new stories if you can read them.
My view - I think Chavez is a good guy, and I think any attempt to further destabilise Latin America, as some sort of global crusade against socialism would be very bad indeed. I'm not convinced this story is genuine however. I hope it isn't.