President Nicolas Maduro has called for
the prosecution of Venezuela's biggest businessman for allegedly conspiring
against his government in a phone call discussing a possible international
bailout for the crisis-stricken, oil-dependent economy Maduro late Sunday
accused billionaire businessman Lorenzo Mendoza, president of the Empresas
Polar food and beer conglomerate, of waging an "economic war" against
Venezuela with the aim of surrendering control of the country to the
International Monetary Fund. The sharp rebuke was in response to a phone
conversation aired on state TV last week between Mendoza and outspoken
government critic Ricardo Hausmann, a Harvard University economist who
suggested Venezuela needs a $40 billion IMF bailout to stem a deep crisis
marked by triple-digit inflation, widespread shortages and an estimated 10
percent shrinking of the economy this year. More…
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