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Economic Emergency in Effect in Venezuela, as Supreme Court Rules in Favour of Executive
February 15, 2016 ... the fact that the legislative body waited more than the 48 hours required by the Law for States of Exception to hold a ... Assembly does not call a special session within 48 hours or make an official declaration within eight days after ... -
UPDATED: Venezuelan Businessman Replaces Leftist Sociologist as Economy Czar
February 16, 2016 Venezuelan President Nicolas Maduro announced yesterday his decision to appoint the former businessman and sitting commerce minister, Miguel Pérez Abad, as Vice-President for Productive Economy, replacing left-wing political economist Luis Salas after just six weeks in the position. -
Venezuela’s Maduro Announces String of Emergency Economic Measures
February 18, 2016 The economic initiatives include changes to the country’s multi-tiered exchange rate, a rise in the domestic price of gasoline, the implementation of a new tax system, and placing more power over food distribution in the hands of organised communities.