Chavez expropriates more stores....
He'll bring some excellent management into these stores!
President Hugo Chavez Sunday ordered the expropriation of a French-owned hypermarket chain that operates close to a dozen stores in Venezuela, accusing it of price speculation following the country's currency devaluation.
Mr. Chavez said his government would seize control of the Exito hypermarket chain, majority owned by France-based Casino Guichard Perrachon SA, after lawmakers approve legislation allowing the expropriation of businesses that have raised prices inordinately.
posted by GayandRight @ 9:23 PM
1 Comments:
He should burn all stores to the ground, that would show the french he means business!
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