Venezuela seizes a General Motors plant amid anti-government protests
Source: Washington Post
Venezuela seizes a General Motors plant amid anti-government protests
By Nick Miroff April 20 at 10:27 AM
Venezuelan authorities seized a General Motors plant Wednesday, an unexpected move that appeared aimed at provoking U.S. authorities and distracting attention from intensifying protests against President Nicolás Maduro.
The plant takeover happened on the same day that huge crowds of demonstrators marched against Maduros government, calling for new elections and a return to democratic rule.
GM called the expropriation of its plant an illegal judicial seizure of its assets and vowed legal action to defend itself. The company is not the first foreign firm whose assets have been confiscated by Venezuelan authorities, but those actions have typically been preceded by repeated public threats from the socialist government.
{Venezuelans flood streets in big demonstration against Maduro government}
The Venezuelan government has offered no explanation for its seizure of the GM plant, and the timing of the move suggests Maduro may be looking to escalate his confrontation with the United States to try to move attention away from the intensifying protests against him.
....
Nick Miroff is a Latin America correspondent for The Post, roaming from the U.S.-Mexico borderlands to South Americas southern cone. He has been a staff writer since 2006. Follow @nickmiroff
https://twitter.com/nickmiroff
Read more: https://www.washingtonpost.com/world/venezuela-seizes-a-gm-plant-amid-antigovernment-protests/2017/04/20/e58a229c-25c7-11e7-928e-3624539060e8_story.html
doc03
(35,346 posts)military they are brown and speak Spanish, perfect.
Nwgirl503
(406 posts)We usually only go to war if they have something we can take. Otherwise it's just sanctions.
doc03
(35,346 posts)Bernardo de La Paz
(49,005 posts)cstanleytech
(26,293 posts)as it's simply not worth the effort.
Besides oil as a fuel source for cars will slowly be declining as the price continues to climb over time and more alternative sources are brought online.
Bernardo de La Paz
(49,005 posts)At one time Venezuela was the USA's biggest source of imported oil. I think that it has declined dramatically in recent years, partly due to fracking in the US increasing domestic supply and partly due to instability in the supply from Venezuela and partly due to a semi-boycott during the Chavez dictatorship.
Perseus
(4,341 posts)Yes, OIL, and tones of it. Venezuela has one of the biggest reserves in the World.
And I believe the Venezuelans would welcome a USA intervention at this time to get rid of the regime...Because of the previous posts on this chain, it sounds like none of you know a whole lot about Venezuela, but its geographic location is key to the USA...Have any of you ever pumped gas at a CITGO station? Venezuela used to own them...
All the Castro infiltration into South American countries started in Venezuela, because of its oil and geographic location, and now South America is a mess...I still question why the USA was, and still is, so dormant on the situation in Venezuela, but there are rumors that the Banks are benefiting from the chaos in that country.
Perseus
(4,341 posts)if not, it is a great display of ignorance.
doc03
(35,346 posts)Was thinking of going on a tour of Guatemala. Did some reading on their experience with the USA and
decided I would rather stay away from there. If I was them I wouldn't welcome people form the USA myself.
hack89
(39,171 posts)hack89
(39,171 posts)Bernardo de La Paz
(49,005 posts)snooper2
(30,151 posts)Three wheeled cars with no steering wheels
Sen. Walter Sobchak
(8,692 posts)mahatmakanejeeves
(57,489 posts)FrodosNewPet
(495 posts)With no money to import more parts, no more technical support from GM.
Wow what a win for the Bolivarian Revolution. They seized a white elephant!
christx30
(6,241 posts)for the US to seize Citgo, which is pretty much their lifeline in the US. They take our white elephant, we take their golden goose.
I know it'll never happen, considering the fool we have in the White House, and the fact that Maduro pretty much pawned Citgo to Russia, but it's still a funny "what if?" kind of thought.