Thursday, February 15, 2007

More Nationalizations in Venezuela

President Hugo Chavez has warned any privately owned supermarkets and distributors that if they are caught hoarding inventory or violating price controls, their facilities will be nationalized. As Jose Luis Betancourt, president of Venezuela's main business chamber, explains, "This is a veiled threat against any company, any business owner, any investor, any citizen."

To read more, please go to this article.

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