Prime Minister Narendra Modi’s demonetisation move appears to be popular, at least politically. It has been echoed in at least two other developing countries, where Venezuela and Pakistan have taken a similar route.
President Nicolas Maduro’s government wants state agencies to buy some 70 percent of food produced in local plants and distribute much of it to the population.
The meeting between the opposition leader Leopoldo Lopez and the Former Spanish PM, is backed by the Obama Administration and other regional governments to defuse the escalating crisis in Venezuela.
Sanders describes himself as a democratic socialist and has called Maduro’s mentor, the late President Hugo Chavez, a “dead communist dictator.”
Venezuela’s opposition is seeking to recall the unpopular leader, 53, amid a worsening crisis that includes food and medicine shortages, frequent power cuts, sporadic looting and galloping inflation.
Venezuela’s opposition won control of the legislature last year and is seeking to remove Maduro, proposing both a recall referendum and an amendment to cut his term from six to four years.
The opposition victory deals a serious setback to the socialist revolution started almost 17 years ago by the late Hugo Chavez.
Nicolas Maduro also declared a state of emergency in three cities in the state, which is home to Maracaibo, the country’s second-largest city.
Colombian President Juan Manuel Santos said on Thursday that his nation “wanted to tell the world… what had happened, because it was totally unacceptable.”
Diplomats left the meeting in this Caribbean coastal resort without announcing a decision to re-open the border crossing or end the deportations from Venezuela.
US diplomat visits Venezuela in an attempt to smooth relations after recent sanctioning of its officials.
‘The most aggressive, unjust and poisonous step that the US has ever taken against Venezuela.’ – President Maduro
“Rain, thunder or lightning, this country is going to have parliamentary elections in 2015,” Maduro told supporters at a rally.
Maduro said all comers would be welcome, except for a few US officials, who would be banned from the country.
Students were circulating a petition Friday to call on the justice ministry to repeal the regulation.