Venezuela: Military Shuts Down Businesses For Increasing Prices After Devaluation
January 11, 2010
The Venezuelan government has temporarily closed 70 businesses for allegedly increasing prices in the wake of a massive devaluation of the bolivar, Globovision reported Jan. 11. The closures occurred after inspections of 96 businesses by officials from the Institute for Defense of the Access of Persons to Goods and Services (INDEBAPIS).