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Zorro

(15,722 posts)
Thu Jul 14, 2016, 08:24 PM Jul 2016

Venezuela's President Nicolas Maduro extends state of emergency

Venezuelan President Nicolas Maduro has extended the country's state of "economic emergency" for another 60 days, an official newspaper reported, a sign of declining conditions in the crisis-hit country.

The state of emergency, in place since January, was necessary due to "extraordinary... social, economic, political, natural and ecological" pressures, according to the presidential decree, signed by Maduro on Tuesday and released Wednesday.

The declaration allows the government to seize assets of private companies to obtain essential food and goods.

It was the third time the state of economic emergency has been extended.

https://www.yahoo.com/news/venezuelas-president-nicolas-maduro-extends-state-emergency-001612302.html

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Venezuela's President Nicolas Maduro extends state of emergency (Original Post) Zorro Jul 2016 OP
I am shocked, I tell you--shocked!!! MADem Jul 2016 #1
Ain't Bolivarian Democracy grand? Zorro Jul 2016 #2
Those lucky Boligarchs--they've had plenty of time to 'offshore' their MADem Jul 2016 #3
Nobody ever saw that coming. COLGATE4 Jul 2016 #4

Zorro

(15,722 posts)
2. Ain't Bolivarian Democracy grand?
Thu Jul 14, 2016, 08:43 PM
Jul 2016

It looks like a slow-motion coup is in progress. I can envision Maduro absconding to Nicaragua in the not too distant future and leaving the government in the hands of the military.

MADem

(135,425 posts)
3. Those lucky Boligarchs--they've had plenty of time to 'offshore' their
Thu Jul 14, 2016, 08:53 PM
Jul 2016

fortunes in real estate and fast food franchises. If they leave in a hurry, the influx to FL might cause it to sink a bit lower-LOL! I know Mrs. Maduro and a couple of her kids have houses and some sort of restaurant.

Two of his (wife's) nephews got arrested for drug running awhile back. That'll be an interesting trial.

COLGATE4

(14,732 posts)
4. Nobody ever saw that coming.
Fri Jul 15, 2016, 11:47 AM
Jul 2016

As another DU'er said, this may be turning into a slow-motion military coup. Chavez and Dim Successor have riddled the civilian government with military. They may be ready to step in if Maduro has to pack his bags and flee to whatever pest hole will agree to take him.

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