Friday, September 20, 2013

Reuters: Oddly Enough: Venezuela orders temporary takeover of toilet paper factory

Reuters: Oddly Enough
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com 
Fun with Brazilian Portuguese

Learn the tips and tricks to speak colloquial Portuguese in a natural and confident manner. Enroll today for just $69!
From our sponsors
Venezuela orders temporary takeover of toilet paper factory
Sep 21st 2013, 00:24

  • Tweet
  • Share this
  • Email
  • Print
Supermarket staff work next to partially empty shelves of toilet paper in Caracas May 16, 2013. REUTERS/Jorge Silva

Supermarket staff work next to partially empty shelves of toilet paper in Caracas May 16, 2013.

Credit: Reuters/Jorge Silva

CARACAS | Fri Sep 20, 2013 8:24pm EDT

CARACAS (Reuters) - A Venezuelan state agency on Friday ordered the temporary takeover of a factory that produces toilet paper in what it called an effort to ensure consistent supplies after embarrassing shortages earlier this year.

Critics of President Nicolas Maduro say the nagging shortages of products ranging from bathroom tissue to milk are a sign his socialist government's rigid price and currency controls are failing. They have also used the situation to poke fun at his administration on social media networks.

A national agency called Sundecop, which enforces price controls, said in a statement it would occupy one of the factories belonging to paper producer Manpa for 15 days, adding that National Guard troops would "safeguard" the facility.

"The action in the producer of toilet paper, sanitary napkins and disposable diapers responds to the state's obligation to ensure a steady supply of basic goods for the people," Sundecop said, adding it had observed "the violation of the right" to access such products.

Calls to the Manpa factory went unanswered.

Government supporters laud efforts by Maduro, the successor to late socialist leader Hugo Chavez, for maintaining tough regulations of private businesses.

They blame unscrupulous merchants for hoarding products to make quick profits, and celebrate the socialist government's legacy of social assistance programs.

Critics say the shortages of consumer goods are caused by businesses' inability to import raw materials and machinery because of a shortage of hard currency under the exchange controls.

(Reporting by Brian Ellsworth and Deisy Buitrago; Editing by Peter Cooney)

  • Tweet this
  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/

Comments (0)

Be the first to comment on reuters.com.

Add yours using the box above.


You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.