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Author Topic: Venezuela seizes coffee companies  (Read 981 times)

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Offline thundley4

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Venezuela seizes coffee companies
« on: August 04, 2009, 10:12:51 AM »
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The Venezuelan government has seized temporary control of the processing plants of two of the country's biggest coffee companies.
Officials said the measure was designed to guarantee supply to consumers.
They said the plants, Fama de America and Cafe Madrid, would be audited for any irregularities and could face nationalisation if these were proved.
In March, the government set quotas for 12 basic foods, including coffee, to be produced at regulated prices.
Venezuelan Agriculture Minister Elias Jaua said that the government would take control of the coffee plants for three months to allow an audit.
  BBC
 :angryvillagers:
 :censored:, You Hugo, now you're making it personal.

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Offline Thor

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Re: Venezuela seizes coffee companies
« Reply #1 on: August 04, 2009, 10:17:19 AM »
As if coffee prices aren't already high enough....... :hammer: :hammer: :hammer: :hammer:
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Offline JohnnyReb

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Re: Venezuela seizes coffee companies
« Reply #2 on: August 04, 2009, 12:12:25 PM »
....and in three months, they'll shoot Juan Veldez and keep the donkey.
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