Unilateral closure of accounts by banks is a weapon of war. _____
Morning Star.png Maduro Fights Back By Taking Over US Factory The Morning Star, London, 13 July 2016 Venezuelan President Nicolas Maduro announced on Monday night that his government will take control of a factory belonging to US transnational corporation Kimberly-Clark. The personal care giant, which makes disposable nappies, face wipes and toilet tissue, had suspended operations, claiming that it was no longer possible to manufacture goods in Venezuela. Mr Maduro accused Kimberly-Clark of participating in an international plot to damage the country's economy, insisting that his socialist government would provide public funds to the plant's workers. Speaking on television and radio, the president also disclosed that US banking corporation Citibank, which has handled some of the state's international transactions, has notified the government that it will close the accounts of the Central Bank of Venezuela in 30 days. He linked both actions to the economic war on his country, calling it President Barack Obama's "new imperialist inquisition." Labour Minister Oswaldo Vera said earlier that the government would take over the Kimberly-Clark factory at the request of the 971 workers who have occupied the plant in central Aragua state that the company has decided to close down. Kimberley-Clark announced on Saturday that it was suspending production in Venezuela because of a lack of primary materials, currency trouble and soaring inflation. "Kimberly-Clark will continue producing for all Venezuelans," declared Mr Vera in a televised statement from the factory surrounded by workers chanting pro-government slogans. The minister said that the factory closure was illegal and that it had reopened "in the hands of the workers." He explained that almost 1,000 workers had urged him to restart production, adding: "We've just turned on the first machine." The Texas-based company claimed on Monday to have acted appropriately in suspending operations. "If the Venezuelan government takes control of Kimberly-Clark facilities and operations, it will be responsible for the well-being of the workers and the physical assets, equipment and machinery in the facilities going forward," it commented. Kimberly-Clark joins Bridgestone, General Mills, Procter & Gamble and other transnational corporations in scaling back operations in Venezuela to exacerbate the country's economic crisis. Venezuela has seen mass protests and unrest over shortages of food and other essentials, many of them the result of anti-government plotting. From: <http://www.morningstaronline.co.uk/a-d959-Venezuela-Maduro-fights-back-by-t aking-over-US-factory#.V4YK3_l9601> http://www.morningstaronline.co.uk/a-d959-Venezuela-Maduro-fights-back-by-ta king-over-US-factory#.V4YK3_l9601 __________ Information from ESET NOD32 Antivirus, version of virus signature database 13795 (20160713) __________ The message was checked by ESET NOD32 Antivirus. http://www.eset.com -- -- You are subscribed. This footer can help you. Please POST your comments to [email protected] or reply to this message. You can visit the group WEB SITE at http://groups.google.com/group/yclsa-eom-forum for different delivery options, pages, files and membership. To UNSUBSCRIBE, please email [email protected] . You don't have to put anything in the "Subject:" field. You don't have to put anything in the message part. All you have to do is to send an e-mail to this address (repeat): [email protected] . --- You received this message because you are subscribed to the Google Groups "YCLSA Discussion Forum" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send an email to [email protected]. Visit this group at https://groups.google.com/group/yclsa-eom-forum. To view this discussion on the web, visit https://groups.google.com/d/msgid/yclsa-eom-forum/008501d1dcfa%2436b56f90%24a4204eb0%24%40com. For more options, visit https://groups.google.com/d/optout.
