Abelian Sea
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Venezuela seizes US rice producer (BBC News)
Venezuela's Chavez seizes U.S. food giant unit (Reuters)
Last week President Chavez ordered troops to rice processing plants after accusing producers of sidestepping the law on controlled prices by producing a higher grade of rice.
Cargill, which operates one rice-processing plant in Venezuela, said the mill does not produce the plain rice that is under regulation.
"Prepare the decree, we are going to expropriate Cargill. We are not going to tolerate this," Mr Chavez said.
Venezuela's Chavez seizes U.S. food giant unit (Reuters)
President Hugo Chavez seized a unit of American food giant Cargill on Wednesday and threatened to take over Venezuela's largest private company, renewing a nationalization drive as the OPEC nation's oil income plunges.
Chavez's clash with the food companies, demanding they produce cheaper rice, came less than three weeks after he won a referendum on allowing him to run for reelection and marked his first nationalization in seven months.