My Way News - Engines idled for Venezuelan race car drivers:"Despite having the world's largest proven oil reserves, Venezuela's socialist-led government has had major difficulties managing the economy.
They grew more acute after the March 5 death of longtime President Hugo Chavez, who won broad support with expensive anti-poverty programs.
Venezuela is now plagued by shortages of foodstuffs, medicines, raw materials and parts.
As a result, local industries have been hamstrung and some production lines have been halted.
Annual inflation is more than 49 percent."
No comments:
Post a Comment