Friday, November 22, 2013

This is who Barack wants to be when he grows up-----Venezuelan president tries out new emergency powers

Venezuelan president tries out new emergency powers - Yahoo News:
"Caracas (AFP) - Venezuelan President Nicolas Maduro exercised new emergency powers for the first time Thursday, signing decrees limiting business profit margins and tightening regulation of imports.

He acted as part of a so-called "economic war" against a crisis for which he blames the opposition "bourgeoisie" and imperialism.

Under new powers granted to Maduro on Tuesday, the two new laws aim to control prices and profits in the business sector and closely monitor imports and exports and hard currency that comes in from oil sales, Venezuela's main source of revenue."

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