Tuesday, July 29, 2014

Venezuela’s steel, electricity workers on strike over wages


Most of the striking workers come from the mining company Corporacion Venezolana de Guayana, known as CVG and its steelmaker subsidiary Sidor. At the start of the Bolivarian revolution, Venezuela had the fourth largest steel industry in Latin America but in recent years, profits and productivity have been seemingly dropping. Some workers believe the government's political influence has negatively affected on workers’ performance. In this context, the opposition also blames the government for the decline in the industry which, they say, have caused electricity cuts and the scarcity of steel products for housing and auto industry. But on the revolutionary side, many say the opposition is the force behind the job action that’s aimed to destabilize the government of President Nicolas Maduro. More…

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