(NaturalNews) As Venezuela's economy continues to worsen -- its currency having entered "free fall mode," according to the Financial Times -- the desperate Maduro government has taken the extreme measure of nationalizing the nation's food industry.
Venezuelan
farmers and food producers are now required to sell anywhere from 30
percent to 100 percent of their products to state-owned stores. The
order covers staple foods such as rice, milk, oil, sugar and flour.
Shortages
and long lines in stores have become common since Venezuela's economy
began sliding into inflation -- a situation that placed them at the top
of the list in the world for inflation in 2014. The official inflation
rate was 65 percent last year, and in the last month the currency has
lost another 43 percent of its value. Oil prices once again have
dropped, causing further strain on Venezuela's struggling economy.
READ MORE:http://www.naturalnews.com/050695_Venezuelan_farmers_socialist_government_food_supply.html#ixzz3iADURbAY
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