Tag: Venezuela

Archive

Deadly massage? Venezuela’s rampant crime

One of Hugo Chavez’s lesser-known feats since taking over as Venezuela’s leader in 1999 is to have presided over a tripling of the annual homicide rate, says the Economist – and that’s according to official statistics:

Last year more than 13,000 people were killed in Venezuela, a country of

Read More »
Archive

Chavez decaffeinates Venezuela

After Hugo Chavez put himself in charge of the country’s coffee sector last year, for the first extended period of time in the country’s history, Venezuela did not produce enough of the little red berry to satisfy domestic demand. It has now become a coffee importer and is facing serious

Read More »
Archive

Nationalisation in Venezuela? An inside perspective

When Hugo Chavez came to power in 1999, he said nothing about nationalisation. At the time, Venezuela was moving in the opposite direction, riding a wave of privatisation that had brought improvements in telephone services, steel production, and oil profits. Once he came to power, however, Chavez changed his mind.

Read More »
Archive

Cereal socialism in Venezuela

A new consumer protection law, which went into effect on February 1, allows Venezuela’s Hugo Chávez to expropriate virtually any company if he deems it to be in the national interest.

On January 17, Chávez expropriated six Exito supermarket stores, controlled by France’s Groupe Casino. Chávez wants to transform the chain’s

Read More »