Over the weekend, Venezuelan Vice President Elias Jaua announced the nationalization of one transportation company and one textile company. Meanwhile, workers at TAUROGAS occupied the gas company’s central distribution center on Saturday and demanded its immediate nationalization.
Venezuelan President Hugo Chávez announced on Sunday the expropriation of Siderúrgica del Turbio (Sidetur), a major producer of steel used in the construction of homes, bridges, and other infrastructure and public works. The president also announced government interventions in several large housing developments.
By Alan Woods - In Defence of Marxism, Nov 1st 2010
The recent election results revealed both the strong and the weak points of the Bolivarian Revolution. It showed the loyalty and determination of the workers and peasants to defend the Revolution and defeat the counterrevolution. But how long can this loyalty be maintained unless the Revolution is carried through in a determined manner?
By James Suggett - Venezuelanalysis.com, Oct 28th 2010
Worker unions from a range of state-owned and private companies in Venezuela plan to march on November 9th in favor of a new labor law, the resolution of collective union contracts, and the empowerment of worker unions in the management of their companies.
Venezuelan President Hugo Chavez announced on Monday the nationalization of U.S.-based glassmaker Owens-Illinois affiliates, placing 60% of Venezuela’s glass bottle industry under government ownership.
By Humberto Márquez -IPS, Arturo Rosales - Axis of Logic, Oct 14th 2010
President Chávez continued with the takeover of the Spanish agro company, Agroisleña by appointing the board of directors and announcing that the company would change its name to Agropatria. He also announced the new selling prices to food producers for seeds and fertilizers which were formerly controlled on a capitalist price basis by Agroisleña.
Factory workers from the Venezuelan chemical and lubricant company Veneco held a demonstration Sunday night in Carabobo state to show their support for the company’s nationalization, which President Hugo Chavez announced last Sunday afternoon.
Venezuelan President Hugo Chavez announced the nationalization of the lubricant and chemical company Venoco and the fertilizer company Fertinitro on Sunday, after accusing the two firms of price speculation.