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Venezuela crisis: Maduro threatens seizure of closed factories
Source: BBC
Venezuela crisis: Maduro threatens seizure of closed factories
15 May 2016 Latin America & Caribbean
The Venezuelan president, Nicolas Maduro, has threatened the seizure of factories that have stopped production and the jailing of their owners.
In a speech to supporters in the capital Caracas, he said the country had to recover the means of production, to counter its deep economic crisis.
On Friday, he introduced a new, nationwide state of emergency.
Opposition protesters have been rallying in Caracas to push for a recall vote to eject him from power.
Mr Maduro said the state of emergency was needed to combat foreign aggression, which he blamed for Venezuela's problems.
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15 May 2016 Latin America & Caribbean
The Venezuelan president, Nicolas Maduro, has threatened the seizure of factories that have stopped production and the jailing of their owners.
In a speech to supporters in the capital Caracas, he said the country had to recover the means of production, to counter its deep economic crisis.
On Friday, he introduced a new, nationwide state of emergency.
Opposition protesters have been rallying in Caracas to push for a recall vote to eject him from power.
Mr Maduro said the state of emergency was needed to combat foreign aggression, which he blamed for Venezuela's problems.
[font size=1]-snip-[/font]
Read more: http://www.bbc.com/news/world-latin-america-36294939
