Scotch Shortage Pleases Chavez as Tipplers Blame Currency
Venezuelan President Hugo Chavez, who declared an economic war against bourgeois comforts, is winning one for the socialists in his battle against the nationís most popular spirit: Scotch whisky. Chavezís shutdown of the unregulated currency market is reducing shipments and sales of whisky and pushing up prices by almost 50 percent as companies including Diageo Plc and Pernod- Ricard SA struggle to obtain dollars for imports.
Posted: Aug 7, 2010 6:10am
Submitted by: Mohammed Isah
Category: News Archive