Miami Herald article on Venezuela

March 31, 2003

 


Scott sends in this link from an article from today’s Miami Herald. Fairly accurate in its descriptions, I would not have started it with the example from the hospital since this problem might have occurred last year anyway. But the rest gives a fairly accurate perspective about the difficulties facing companies due to the exchange controls imposed in January and he fact that the Exchange Controls offices has yet to hand out a single dollar for industrial and commercial imports. Despites this, President Chavez actually congratulated the members of the exchange control office for the “great job” they were doing during his Sunday nationwide program. “Alo Presidente”. (Chavez also said ‘Private property is not sacred”…but can’t find a link)

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