Tuesday 15 January 2013

Economists see painful cuts coming for Venezuela

Vice President Nicolas Maduro, or President Hugo Chavez if he returns, must deal with food shortages, a ballooning deficit and inflation.

CARACAS, Venezuela — As perishable foodstuffs rotted on cargo ships that had waited three weeks to unload at Venezuela's largest port, unsettled consumers this week found shelves at Caracas' main downtown market devoid of rice, cooking oil, sugar and other items.

Source: http://feeds.latimes.com/~r/latimes/news/nationworld/world/~3/J45EtcWdhCg/la-fg-venezuela-economy-20130112,0,7119438.story

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