“Mrs. Kirchner’s cabinet reiterated threats to fine or shut down businesses that raise prices. In Venezuela, soldiers forced retailers to sell electronics goods at bargain-basement prices; one general guaranteed plasma televisions to all Venezuelans on national TV. A new agency Mr. Maduro created, the National Superintendence for the Defense of Socio-economic Rights, began deploying 480 inspectors this week to check prices and level sanctions against those who set them too high. The agency aims to enforce a new law that can lead to a 14-year prison term for those convicted of hoarding products or waging ‘economic warfare’ against the government.”
http://online.wsj.com/news/articles/SB10001424052702304851104579362530567845104
Related posts:
These Are Heady Times for Glass Blowers' High Art
Tencent licenced to sell mutual funds to WeChat’s 1 billion users in China
Ex-deputy gets one month sentence for stealing while evicting tenants
Mr. Trump goes to war
Jim Rogers: Prepare for market panic
U.S. Admits For First Time It Used NSA Surveillance in Criminal Case
Fed Accused Of Sending Nude Selfie To Woman Who Needed Help
Corporate America's buyback binge feeds investors, starves innovation
Airport security accidentally fires flight attendant’s gun at Philadelphia airport
Gun-rights activist Adam Kokesh charged with possessing a mushroom near a firearm
Insider buying of gold stocks surges to multi-year highs
Woman informing Kerry, McCain on Syria is paid advocate for rebels
Google Glass Orders: How You Can Get Your Hands On An Early Set Of The Futuristic Glasses
Muslim Brotherhood may go back underground to survive Egyptian military crackdown
Brewington case focuses First Amendment attention on Indiana