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Page added on March 6, 2009

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Venezuela’s Chavez turns to confrontation in crisis

Venezuelan President Hugo Chavez’s aggressive moves against the food industry show the socialist leader will respond to growing economic woes in the OPEC nation with takeovers and tighter controls on business.

Chavez has in the last week sent troops to temporarily occupy several rice mills and nationalized another one run by U.S. food giant Cargill after complaining they were not producing enough at government regulated prices.
Reuters



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