Libyan leader Moammar Qaddafi has found a new place to pitch his tent: He and Venezuelan president Hugo Chavez have become fast friends. The Associated Press reports that the duo led a weekend summit between South American and African leaders, with an eye to forming a "NATO for the South," called SATO. "We're going to have our treaty too," Qaddafi said. Chavez said that the U.S. posed the greatest threat to Venezuela. The two men also connected over their desire to challenge the "imperialism" of wealthy countries. On Monday, they will sign a series of accords deepening the relationship between their two countries.