Venezuela to introduce price controls - Chavez
PORTO ALEGRE, Brazil (AFX) - Visiting Venezuelan President Hugo Chavez said he will impose price controls as a response to a two-month general strike that has created shortages of consumer goods.
"We are setting up a national distribution system for food and medicine to prevent scarcities, because the measure must be accompanied by social and economic measures," he said.
"We will have to introduce a system of price controls," he added.