Venezuela’s legislature granted expanded powers to President Nicolas Maduro on Sunday. The president says he needs these powers in order respond to recent U-S sanctions. CCTV’s Martin Markovits filed this report.
Highlights:
- Venezuela’s President, Nicolas Maduro, was granted sweeping powers that will allow him to pass legislation for the rest of 2015 without congressional approval.
- Maduro chastised US President Barack Obama at a rally on his recent executive order declaring Venezuela a US national security threat.
- Washington says the Maduro government is using the US as a scapegoat to deflect the public’s attention from Venezuela’s deep economic problems.
- The country has the highest inflation in the world along with widespread shortages of basic goods.