Venezuela approaches meltdown as factory seizures threatened under state of emergency
CARACAS, Venezuela- Following Friday’s introduction of a nationwide state of emergency, Venezuelan President Nicolas Maduro has threatened the seizure of factories that have halted production, and the jailing of their owners.
Maduro said the state of emergency was needed to combat “foreign aggression”, which he blamed for Venezuela’s problems, adding that military exercises would take place next weekend to counter “foreign threats.”
BBC news reports that in an address to the nation, Maduro said the state of emergency would be in place for three months, but would likely be extended over 2017.
While he did not specify if there would be limits to other constitutional rights, he said the decree would provide “a fuller, more comprehensive protection for our people.”
The Venezuelan Minister for Communication and Information, Luis Jose Marcano, said the state of emergency would allow the government more resources to distribute food, basic goods and medicines.
He nevertheless added that it also created “mechanisms for the security forces to be able to guarantee public order needed because of the threats by armed groups.”
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