International Business Times
written by Vittorio Hernandez
Thursday May 30, 2013
The shortage of products in Venezuela has turned for the worse. Aside from running out of toilet paper, the country's Catholics may also no longer have the wine and the host when they attend Mass.
The church estimated that its holy wine stock is enough only for two months. Bodegas Pomar, the only national winemaker in the South American nation, said it has difficulties making more wine, the church spokesman was quoted by BBC.
The communion host is also in short supply since it is made of wheat which is imported in the form of flour, but importers don't have sufficient foreign currency to buy more commodities overseas.
Other commodities in short supply because of panic buying, merchants hoarding goods, tight government controls and insufficient domestic production, are detergents, wheat and corn flour.
For those of you who don't know, the former Marxist Socialist toxic leader Hugo Chavez used to hide food and goods in warehouses to punish his people and do exactly what the new illegitimate leader Maduro is doing right now. Maduro is blaming it on a conspiracy. The former Marxist pig used to let tons of food rot in storage. This about this for a moment, Maduro Marxist government is made up of all former Hugo Chavez people and basically control all imports and control commerce. So who do think created this crisis?! It's a no-brainer. They're using the same playbook that Hugo Chavez used for over a decade. (emphasis mine)
Sky news
written by Staff
Friday May 31, 2013
A huge stash of toilet roll has been found in Venezuela, just weeks after it was revealed the country faced a crisis over shortages.
A tip off from a member of the public led police to a warehouse where 2,450 bales were discovered.
Officers also found 7,000 litres of fruit juice and 400 packages of disposable baby nappies.
Two weeks ago, huge queues were being reported at supermarkets as shelves were left empty by the toilet roll shortage.
New president Nicolas Maduro, who took over after the death of Hugo Chavez, blamed a 'conspiracy' to destabilise the country.
Interior Minister Miguel Rodriguez Torres said on Twitter the paper was stored "in a clandestine warehouse".
An investigation has been launched to determine where all the merchandise came from and who it was for, National Police chief Luis Karabin said.
Other products the country is suffering from severe shortages of are toothpaste, toilet soap, nappies and feminine hygiene products.
The government announced this month it was importing 50 million rolls of toilet paper.
Congress, meanwhile, approved an $80m (£52m) loan to import loads of the five scarce essentials.
The shortages have prompted the government to hold meetings with businessmen in various economic sectors.
Price controls were introduced for certain basic goods in 2003 after an oil industry strike paralysed the economy, sent inflation soaring and led to shortages of goods.
Experts say such price controls lead to shortages as there is little incentive to supply when the amount manufacturers receive for the goods is less than they are worth.
It can also lead to hoarding as some are tempted to buy up large amounts of goods when they are cheap so they can be resold elsewhere or later where or when prices are more expensive.
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