RealNews

Venezuela’s Chávez raises milk prices 37%

President Hugo Chávez has raised milk prices in Venezuela by 37 per cent in a bid to ease widespread shortages, while threatening to expropriate the property of companies failing to respect new officially controlled prices. “If there’s a producer that refuses to sell milk to the government and sells it instead at a higher price to a private company, we will expropriate their farm,” said Mr Chávez on his Sunday television programme, Aló Presidente, as he inaugurated a state milk processing plant. Full Story

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