Summary
In Venezuela on Friday, president Nicolas Maduro ordered the
government to takeover a chain of supermarkets. This company had 35 medium size
stores in low-middle-class or poor neighborhoods. The country is going through serious economic
problems due to the price of oil falling, the country’s only major export. The
chain of supermarkets were storing large amounts of food and accused of
hoarding. The president argues that the company was hiding corn flour and
cooking oil. The main idea of this article is that this company is being blamed
for the nations serious economic problems.
Analysis
I disagree with the accusation that this chain of
supermarkets are to blame for the economic problems because they have been
doing nothing but running a business. I’m reminded of the fact that foreign
governments don’t provide citizens with the same constitutional rights that the
U.S. provides its citizens. I am surprised that the government can get away
with blaming a private company for the economic instability of the country.
Discussion
questions
1.
Do you think that the country is handling this
situation correctly?
2.
Do you think it’s fair that this company is
being blamed for the serious economic problems?
3.
What is the best way the president
Link to article:
http://www.nytimes.com/2015/02/09/world/americas/supermarket-chain-denies-venezuelas-charges-of-food-hoarding.html?ref=americas
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