29 October 2011

VENEZUELA : Currency Controls Make Doing Business In Caracas...Difficult.

                                      BBC / S. Grainger with 2:20 video report

    A fascinating but somewhat frightening tale...as reporter Grainger writes about the difficulties of getting anything done in President Hugo Chavez's red tape loving government... where currency controls are unbelievably strict.
    Her example:"Some form of identification is required for even the smallest purchases. I have to give my passport number every time I buy a pack of gum or a carton of milk in the local store."