Venezuela seizes US pasta company
Source: BBC News
Venezuelan officials accompanied by soldiers have seized "temporary" control of a US-owned pasta producer.
Venezuela says the plant, owned by the big US firm Cargill, had violated regulations on price controls intended to guarantee cheap food for the poor.
The move further increases President Hugo Chavez's hold on the economy, after a series of recent take-overs of private and foreign-owned businesses.
They include a Cargill rice plant, and services companies in the oil industry. LinkHere
Venezuelan officials accompanied by soldiers have seized "temporary" control of a US-owned pasta producer.
Venezuela says the plant, owned by the big US firm Cargill, had violated regulations on price controls intended to guarantee cheap food for the poor.
The move further increases President Hugo Chavez's hold on the economy, after a series of recent take-overs of private and foreign-owned businesses.
They include a Cargill rice plant, and services companies in the oil industry. LinkHere
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