Venezuela to Shut Down for a Week to Cope With Electricity Crisis
Venezuela is shutting down for a week as the government struggles with a deepening electricity crisis.
President Nicolas Maduro gave everyone an extra three days off work next week, extending the two-day Easter holiday, according to a statement in the Official Gazette published late Tuesday. Maduro had originally said over the weekend that the extended holiday would only apply to state employees.
The government has rationed electricity and water supplies across the country for months and urged citizens to avoid waste as Venezuela endures a prolonged drought that has slashed output at hydroelectric dams. The ruling socialists have blamed the shortage on the El Nino weather phenomena and sabotage by their political foes, while critics cite a lack of maintenance and poor planning.
Were hoping, God willing, rains will come, Maduro said in a national address Saturday. Look, the saving is more than 40 percent when these measures are taken. Were reaching a difficult place that were trying to manage.
...snip...
Last week, the energy minister warned that water levels at the Guri Dam, one of the countrys principal sources of power, had reached critical levels. On Wednesday, however, he insisted Venezuelas grid was not on the verge of collapse, but implored the private sector to heed the presidents call.
http://www.bloomberg.com/news/articles/2016-03-16/venezuela-to-shut-down-for-a-week-as-electricity-crisis-mounts