Venezuelan officials accompanied by soldiers have seized "temporary" control of a US-owned pasta producer.
Venezuela says the plant, owned by the big US firm Cargill, had violated regulations on price controls intended to guarantee cheap food for the poor.
The move further increases President Hugo Chavez's hold on the economy, after a series of recent take-overs of private and foreign-owned businesses.
They include a Cargill rice plant, and services companies in the oil industry.
Deputy Food Minister Rafael Coronado said the government would run the factory for 90 days, and would reassess the situation after that.
He said it has not been producing sufficient quantities of a type of pasta sold at cheap, government-established prices. - BBC News Story
It sounds like Hugo Chavez is acting a lot like he is following suit of one President Obama. The Government taking control of Companies in the name of saving the Economy.
So now it makes a lot more since why Obama and Chavez were so cordial to each other in their last meeting.
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