The nationalization order comes as Chavez seeks to relieve shortages due in part to the country's record oil income. The government is restricting food exports and Chavez said in January he would ban asphalt sales abroad as well. Chavez has accused building-material suppliers of establishing a monopoly that overcharges and slows home and road construction.
Tuesday, April 8, 2008
Chavez Nationalizes Cement Industry
Over at Bloomberg.com an article about Venezuelan President Hugo Chavez plans to nationalize the cement industry.
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