Venezuela Declares State of Emergency, Orders Factory Seizures
Blaming what he called a US-backed plot to undermine his authority, Venezuelan President Nicolas Maduro has decreed a 60-day state of emergency and ordered the state seizure of factories in a bid to halt a crisis threatens mass unrest.
Apart from orders to nationalize factories, Maduro has also called on the Army to ready for national military drills this week “to prepare ourselves for any scenario”.
Maduro also urged “all actions to recover the production apparatus, which is being paralyzed by the bourgeoisie,” adding that factory owners who “sabotage the country” by halting production at their plants risk being “put in handcuffs.”
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