Bankrupted by socialism, Venezuela cedes control of companies
Bankrupted by socialism, Venezuela cedes control of companies Fabiola Zerpa and Nicolle Yapur, Bloomberg Feb. 12, 2021 FacebookTwitterEmail 3 1of3Nicolas Maduro, president of Venezuela, speaks during a judiciary event at the Supreme Court in Caracas, Venezuela, on Jan. 22, 2021.Bloomberg photo by Carlos Becerra.Show MoreShow Less 2of3Oil tanks stand above a spill at a Petroleos de Venezuela facility in the Orinoco Belt of El Tigre, Venezuela, on Oct. 12, 2018.Bloomberg.Show MoreShow Less 3of3 Saddled with hundreds of failed state companies in an economy barreling over a cliff, th...