ASSESSMENTS

Venezuela: Voting Over, Focus Returns to Finances

Mar 5, 2009 | 17:10 GMT

THOMAS COEX/AFP/Getty Images

Summary

Venezuelan President Hugo Chavez has announced the state's takeover of two rice production facilities and budget cutbacks for state-owned Petroleos de Venezuela. These are the government's opening moves in response to the global economic downturn.

Venezuela's strategy for dealing with the global economic crisis is becoming more clear -- and it comes with certain risks....

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