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from the this-is-why-they-can't-have-anything-nice dept.
http://money.cnn.com/2017/04/20/news/gm-venezuela-plant-seized/index.html
General Motors says it will immediately halt operations in Venezuela after its plant in the country was unexpectedly seized by authorities.
GM described the takeover as an "illegal judicial seizure of its assets."
The automaker said the seizure showed a "total disregard" of its legal rights. It said that authorities had removed assets including cars from company facilities.
"[GM] strongly rejects the arbitrary measures taken by the authorities and will vigorously take all legal actions, within and outside of Venezuela, to defend its rights," it said in a statement.
Authorities in Venezuela, which is mired in a severe economic crisis, did not respond to requests for comment.
It was not immediately clear why authorities seized the GM plant. Huge swaths of Venezuela's economy have been nationalized in the years since former President Hugo Chavez rose to power. Under Chavez, who took office in 1999, the state took control of private oil, telecommunications, energy and cement businesses.
President Nicolas Maduro has continued the tradition, while blaming the United States and its companies for Venezuela's economic and political problems.
(Score: 2) by Runaway1956 on Friday April 21 2017, @05:44PM
"anything else on Fox News"
You're claiming that Fox News owns that NationMaster page? Evidence? I don't know who owns it, haven't bothered to look. I'm wondering if you maybe clicked the link, saw some data, and assumed that it must belong to Fox?
http://www.nationmaster.com/about [nationmaster.com]
We are a global team of passionate stat geeks, dedicated to the mission of bringing facts to the world of geopolitics, economics, geography, defence and culture.
We believe that statistical literacy should be a core part of education. In the information age, everyone needs to be able to interpret data. If you leave it to someone else, you’re risking your future.
NationMaster was founded by Luke Metcalfe back in 2003. He was a fan of the CIA World Factbook but wanted to give it context, comparing countries side by side and calculating everything per capita. From there, NationMaster turned into the internet’s one stop shop for international statistics - a place where you can compare anything at all.
Now in 2014, NationMaster is growing into a community of statistics creators and users.