Chavez sends army to rice plants

BBC News March 1, 2009

Venezuelan President Hugo Chavez has ordered the army to take control of all rice processing plants in the country.

Major rice processors in the country include the US-owned giant Cargill and Venezuela's main food company, Polar.

"I will expropriate them, I have no problem with that, and I'll pay them with bonds. Don't count on me paying with hard cash," he said, without mentioning any companies by name.

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