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Venezuela to seize 'idle' firms
The Venezuelan government has warned it will confiscate hundreds of private companies that are lying idle if they fail to re-open. President Hugo Chavez said the firms' workers would be given help to set up co-operatives and re-start production for the benefit of the community. He said the move was needed to fight poverty and end Venezuela's dependence on "the perverse model of capitalism". Posted by: Fred 2005-07-19 |
| http://www.rantburg.com/poparticle.php?ID=124404 |