Venezuelan strongman Nicolas Maduro on Friday appointed controversial businessman Alex Saab as the country’s minister of industry and production.
Saab was released from a Florida prison after he was pardoned last year by President Joe Biden. In exchange for the businessman’s freedom, Caracas released 10 Americans U.S. officials said had been wrongfully detained in Venezuela. On Friday, Maduro said, “I appointed Alex Saab as the new Minister of People’s Power for Industry and National Production. I am sure that with his great managerial capacity and commitment to our people he will promote the development of the entire industrial system of Venezuela amid the process of building the new economic model.” Saab will be in charge of executing policies for the development of the country’s industrial sector as well as of overseeing the operations of state-owned companies. Condensed from https://www.miamiherald.com/news/nation-world/world/americas/venezuela/article294188019.html Maduro's new economic model includes, as noted by the Communist Party of Venezuela: - Privatization of important sectors of strategic industries, including oil, mines, gas and core industries. - Granting of extraction licenses to multinational companies such as Chevron (USA), Repsol (Spain), ENI (Italy) and Maurel & Prom (France), under conditions disadvantageous to national sovereignty. - Liberalization and dollarization of prices of all goods, excluding workers’ wages. - Dollarization of economic activity. - Creation of Special Economic Zones - where labour, environmental and tax laws do not apply - to attract the investment of large transnational capital. -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#33062): https://groups.io/g/marxmail/message/33062 Mute This Topic: https://groups.io/mt/109123065/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: marxmail+ow...@groups.io Unsubscribe: https://groups.io/g/marxmail/leave/13617172/21656/1316126222/xyzzy [arch...@mail-archive.com] -=-=-=-=-=-=-=-=-=-=-=-