Oil-Rich Venezuela Is Poor In Many Basic Necessities

While Venezuela is rich in oil, the country has been suffering for months from shortages in food and other basic products. Venezuelan president Hugo Chavez, is accusing food multinationals, including Nestle and Parmalat, of starving his country's population, but economists are pointing the finger at other causes.

February 20, 2008 at 3:36 pm - AFP
Dateline: Caracas, Venezuela

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