Isn’t Socialism great?
Via Business Insider:
U.S. automaker Ford has halted operations in Venezuela on Monday due to a lack of foreign currency to import parts for assembly, workers at its plant said.
Like other private businesses in Venezuela, carmakers have been complaining that the socialist government’s currency controls are preventing them from importing essential products due to restrictions and delays in purchases of dollars.
Workers, who spoke to Reuters on condition of anonymity, said the plant in the central city of Valencia would be paralyzed until the end of May.
Transport Minister Haiman El Troudi confirmed the stoppage at the plant but said it should reopen in two weeks after a meeting between Ford representatives and government officials that resolved some “critical bottlenecks.”