Chavez Seizes food. Price controls in effect. Will we be next? http://www.millennium-ark.net/NEWS/09_Pics_of_Day/090305.pic.of.day.html
Cargill takeover renews Chavez nationalization drive
Tightening control over food comes after some shortages
Chavez emboldened after referendum victory last month
Cargill "respectful," seeks talks to resolve situation
March 4, 2009By Patricia Rondon
Reuters
CARACAS, March 4 (Reuters) - President Hugo Chavez seized a unit of American
food giant Cargill on Wednesday and threatened to take over Venezuela's
largest private company, renewing a nationalization drive as the OPEC
nation's oil income plunges.
Chavez's clash with the food companies, demanding they produce cheaper rice,
came less than three weeks after he won a referendum on allowing him to run
for reelection and marked his first nationalization in seven months.