CARACAS—Venezuelan lawmakers granted President Nicolás Maduro powers to enact law without parliamentary approval for a period of 12 months, to aid his contested efforts to revive a stalled economy, root our corruption and subdue high inflation.
The Venezuelan leader said he planned to use his newfound power to pass two laws, as soon as this week. One would create a new state body to oversee Venezuela’s currency controls in an effort to boost imports and alleviate shortages of basic goods. The other would limit corporate…
Continued here: Venezuela Gives Maduro Emergency Powers
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