My heart is saddened about what is reported from Venezuela.
The possibility that the lack of food and medicine is threatening a community is an atrocity.
I am reading NEWS REPORTS about Venezuela FOOD CRISIS and State of EMERGENCY.
President Maduro dismissed the Ministry of Productive Economy (Mr. Salas), who was appointed last January 6. Instead he appointed Miguel Perez Abad as new Minister of Industry and Trade.
I am watchful for a government coup or collapse… ~Ron
Venezuela’s Supreme Court (TSJ) upheld a decree by President Nicolás Maduro establishing an economic emergency, which will give the president the authority to take special measures for 60 days.
The National Assembly —under opposition control for the first time in 17 years— had previously rejected Maduro’s request for an economic emergency in January. In reaching its decision on Thursday, the TSJ overruled the National Assembly as the judges considered that the procedure followed by the legislative body to overturn the decree was flawed.
President Maduro stated that ”now that the emergency decree is in place, I’m going to apply a set of measures in the coming days that I was already working on.” He had recently spoken of proposals to increase tax revenue by raising the price of petrol.
[…]The government has implemented measures such as expropriations and price controls, however this has not affected the shortages.
Official data by the Venezuelan Central Bank indicates that last year’s inflation up to October was of 141.5%. The IMF has predicted that inflation could reach a record 720% in 2016. Furthermore, the national GDP decreased by 7.1% in the last trimester of 2015. –argentinaindependent.com
Title: Venezuela’s shopping malls cut hours over electricity rationing
Video posted 11 Feb 2016