John Otis appears in the following:
Wednesday, December 11, 2013
Nationwide elections in Venezuela have provided some breathing room for President Nicolas Maduro, who has been struggling with skyrocketing inflation and shortages of basic goods. Opposition parties had hoped to deal a stinging blow to Maduro, but instead he proclaimed victory and pledged to deepen the socialist revolution, including more government measures to control the economy.
Tuesday, December 10, 2013
Inflation in Venezuela — which has hit 54 percent this year — is among the world's highest. Basic goods like toilet paper and milk are out of reach for the average consumer. Presidential orders for business owners to empty their warehouses and slash prices are delighting shoppers, but dismaying shop owners.
Monday, November 11, 2013
In a pre-Christmas offensive to lower prices, the Venezuelan government has taken over a nationwide chain of electronics and appliance stores that it accuses of price gouging. That's led to huge lines outside the stores as shoppers snap up cut-rate refrigerators and computers. As Venezuela's socialist government combats surging inflation, it's warning that more takeovers are ahead.
Thursday, March 14, 2013
Pope Francis is widely revered for his many years of work with the poor. But he has not been immune from criticism in a country that has gone through tumultuous times.