Open top menu
Sunday 15 May 2016

Venezuela extends state of economic emergency by 60 days

















Venezuelan President Nicolas Maduro prolonged economic state of emergency Friday the South American country 60 days. He did not elaborate on what measures it will take, but will use it to defend against the threats of intervention of the United States and Colombia, among others, in the light of political attacks on the president of Brazil, has just been dismissed, Dilma Rousseff .
Venezuela, the oil-rich country is facing economic ruin largely because of the collapse in oil prices. There is also a crisis in the supply of electricity. From mid-January, the authorities have taken several steps in trying to blur the crisis. In February, the program has been reduced shopping centers.
Subsequently, the government announced that the time zone changes, and last month announced rationalization of electricity consumption and shortened working hours of budgetary just two days a week. The government wants to avoid the opposition dominated parliament to take steps to implement cuts in social programs because of the collapse in oil export revenues.


However, US officials have said TLS slow release that are increasingly anxious about the economy and politics of Venezuela will suffer a collapse, predicting that Madura will not be able to finish his presidential term. "You hear it began to break the ice. You know when a real crisis comes, "an official said. In addition, Maduro suggests that he will complete mandate and accuses US of fomenting a coup covertly against him. He stressed ff dismissal of the indictment of fellow leftist Dilma Rousseff in Brazil, is a sign that he follows.
Large demonstrations are planned for Saturday in Caracas government opponents and by the socialists, amid fears that it could lead to violence.


0 comentarii