4 years ago, in March of 2013, workers from the illegally closed Brahma beer factory, took over the installations of the plant located in Barquisimeto, in the state of Lara, Venezuela. After two years of resistance within the factory, the worker's organized with the Comuna José Pío Tamayo to create a communally owned company "Proletarios Uníos" where they have spent the last 2 years, building up a new structure of production and distribution together with popular power, that has put them in the vanguard in the struggle against the economic war and to build a new sovereign economy in the hands of the people.
Venezuelan President Nicolas Maduro announced the appointment of a new head of the country’s Central Bank (BCV) Sunday following the resignation of current president Nelson Merentes, who occupied the position since 2009.
By Ryan Mallett-Outtrim - Counterpunch, May 25th 2016
Ryan Mallett-Outtrim gives a run-down of the root causes of Venezuela's economic problems, arguing that the government's maintenance of exchange controls, not socialism, has sunk the country into a financial black hole.