Home | Community | Message Board


MRCA Tyroler Gluckspilze
Please support our sponsors.

General Interest >> Political Discussion

Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Shop: Kraken Kratom Red Vein Kratom   Bridgetown Botanicals CBD Edibles   PhytoExtractum Kratom Powder for Sale

Jump to first unread post. Pages: 1
Offlinelonestar2004
Live to party,work to affordit.
 User Gallery

Registered: 10/03/04
Posts: 8,978
Loc: South Texas
Last seen: 9 years, 4 months
Venezuelan shoppers face food shortages
    #5168165 - 01/11/06 06:18 PM (14 years, 6 months ago)

Venezuelan shoppers face food shortages
By Greg Morsbach
BBC News, Caracas



Coffee and sugar shoppers are met with empty shelves
President Hugo Chavez's policy of keeping a tight control on food retail prices while doubling the price of raw coffee beans back in December may have backfired.
For at least a week, there has been no roasted coffee available on the shelves of Venezuelan supermarkets as wholesalers and coffee producers have been withholding their coffee from sale.

Since 2003, President Chavez has maintained a strict price regime on some basic foods like coffee, beans, sugar and powdered milk.

But this measure designed to curb inflation has alienated Venezuela's coffee producers who say their profit margins have been reduced to nothing.

Ongoing talks

Coffee farmers have seen a 100% increase in the state-controlled price of raw coffee.


The price of unroasted coffee beans doubled overnight

However, the government has so far been reluctant to increase retail prices to a level acceptable to coffee roasters and traders.

The reaction by coffee companies has been to hoard tens of thousands of tonnes of coffee in warehouses in the hope that the government would eventually announce fair prices.

"You can't blame us for keeping the coffee to ourselves for the moment," says Eduardo Bianco, a senior executive at Cafe Madrid, Venezuela's largest coffee producer.

"Would you sell your products on the open market if you were sure you were going to make a loss?"

Government minister and coffee executives have been locked in long talks to try to resolve the deadlock.

Some industry insiders say a compromise is imminent, others are more cautious.

Nothing left

While the coffee barons were in crisis talks with the government, consumers in Venezuela were becoming frustrated.


Telecoms engineer Rodriguez has given up searching for coffee

"I've been trying to buy filter coffee since Christmas," says Marcel Rodriguez, a 52 year-old telecoms engineer.

"But every single supermarket here in Caracas seems to have sold out. I've now given up."

Venezuela's leftwing leader has authorised the use of the National Guard to "find every last kilogram of coffee" being stockpiled by coffee roasters.

He even raised the prospect of nationalising the industry as a last resort.

"As far as the law is concerned, we're absolutely within our rights to seize coffee which is deliberately being withheld from sale," insists Samuel Ruh, a government appointed monitor of consumer rights.

"In fact, we have already carried out several successful raids at premises illegally holding thousands of tonnes of coffee."

Yet several food stores in Venezuela's capital city Caracas say the coffee raids are not addressing the fact that shops are also running low on sugar, maize, powdered milk and beans.

Store managers insist they are not being supplied with new stock from wholesalers and importers, who were also complaining that the prices set by the government are too low.

Running short

Three days ago, street sellers working in the country's black market were still able to provide the roasted coffee that the supermarkets were not stocking.


Cafeteria owner Acosta is running out of coffee

However, even they have since admitted defeat.

"I'm sorry, we have sold out of all the coffee," says Marcos Hernandez who runs a street stall in La Vega, a poor area in the west of Caracas.

"A lot of people who failed to get something at the supermarkets have come to see me, and now I too have nothing left."

Some owners of street cafes in Caracas say they would run out of coffee within days if the supply chain does not get back to normal quickly.

"I have ten kilograms of filter coffee left," shrugs Carlos Acosta who runs a small bakery and cafeteria in Caracas.

"I don't know what will happen. My suppliers say at the moment they can't help."

Unhappy voters

All of the trouble in the food industry comes at a bad time for the socialist government of Venezuela.

This year is a presidential election year in Venezuela, and although opinion polls suggest President Chavez enjoys 60% public support, problems in the food supply chain could dent his popularity in the long run.

His government's woes are compounded by massive structural problems of a key road bridge linking the capital city, Caracas, to Venezuela's main international airport.

The other day, President Chavez admitted that attempts by engineers to save the bridge from collapse had failed.

Tens of thousands of motorists now face misery as they try to negotiate a bumpy road from and to Caracas.

Trucks carrying goods from the airport now face a four-hour journey to the shops of the capital city, whereas the old route via the bridge took only 90 minutes.

A new bridge will not be ready before the year 2010 according to government estimates.

http://news.bbc.co.uk/1/hi/business/4599260.stm

"You can't get good Chinese takeout in China, and Cuban cigars are rationed in Cuba. That's all you need to know about Communism."


--------------------
America's debt problem is a "sign of leadership failure"

We have "reckless fiscal policies"

America has a debt problem and a failure of leadership.

Americans deserve better

Barack Obama


Post Extras: Print Post  Remind Me! Notify Moderator
Offlineheidegger
Stranger

Registered: 02/03/03
Posts: 89
Last seen: 13 years, 8 months
Re: Venezuelan shoppers face food shortages [Re: lonestar2004]
    #5172451 - 01/12/06 04:43 PM (14 years, 6 months ago)

"Food shortages" seems a bit overly dramatic, there is just lack of coffee.


Post Extras: Print Post  Remind Me! Notify Moderator
Offlinewilshire
free radical
Male User Gallery

Registered: 05/11/05
Posts: 2,421
Loc: SE PA
Last seen: 10 years, 6 months
Re: Venezuelan shoppers face food shortages [Re: lonestar2004]
    #5172529 - 01/12/06 05:08 PM (14 years, 6 months ago)

President Hugo Chavez's policy of keeping a tight control on food retail prices while doubling the price of raw coffee beans back in December may have backfired.

as is what always happens when governments artificially manipulate prices.

prices, supply, and demand are inextricably linked. artificially manipulating one causes unintended results for the other two. manipulating the price creates a disparity between supply and demand, which results in either shortages or excess (waste).


gotta love socialists.

"mommy, where do prices come from?"  :doh:


--------------------



Post Extras: Print Post  Remind Me! Notify Moderator
Invisiblecarbonhoots
old hand

Registered: 09/11/01
Posts: 1,351
Loc: BC Canada
Re: Venezuelan shoppers face food shortages [Re: wilshire]
    #5173346 - 01/12/06 08:10 PM (14 years, 6 months ago)

Hmm

One could say their is a large amount of coffee physically availible. The coffee exists. It's there.

Just the capitalist farmers won't stop hoarding thier wealth of coffe beans.

Gotta love capitalists. They'll let their countrymen go without in an effort to raise prices.


--------------------
  -I'd rather have a frontal lobotomy than a bottle in front of me

CANADIAN CENTER FOR POLICY ALTERNATIVES


Post Extras: Print Post  Remind Me! Notify Moderator
OfflineAncalagon
AgnosticLibertarian

Registered: 07/30/02
Posts: 1,364
Last seen: 11 years, 5 months
Re: Venezuelan shoppers face food shortages [Re: carbonhoots]
    #5173466 - 01/12/06 08:38 PM (14 years, 6 months ago)

Quote:

carbonhoots said:
Hmm

One could say their is a large amount of coffee physically availible. The coffee exists. It's there.

Just the capitalist farmers won't stop hoarding thier wealth of coffe beans.

Gotta love capitalists. They'll let their countrymen go without in an effort to raise prices.



Christ, do you really think Coffee producers would benefit by not selling their product if it were profitable for them to do so? Did you even read the article, specifically the beginning? These guys aren't being greedy capitalists, they're being humans. I don't know what you do for a living, but would you go to work tomorrow if your boss said "rather than pay you for what you do tomorrow, I'm going to be charging you three hours pay"?

    But this measure designed to curb inflation has alienated Venezuela's coffee producers who say their profit margins have been reduced to nothing.

    Ongoing talks

    Coffee farmers have seen a 100% increase in the state-controlled price of raw coffee.


    The price of unroasted coffee beans doubled overnight

    However, the government has so far been reluctant to increase retail prices to a level acceptable to coffee roasters and traders.

    The reaction by coffee companies has been to hoard tens of thousands of tonnes of coffee in warehouses in the hope that the government would eventually announce fair prices.

    "You can't blame us for keeping the coffee to ourselves for the moment," says Eduardo Bianco, a senior executive at Cafe Madrid, Venezuela's largest coffee producer.

    "Would you sell your products on the open market if you were sure you were going to make a loss?"


--------------------
?When Alexander the Great visted the philosopher Diogenes and asked whether he could do anything for him, Diogenes is said to have replied: 'Yes, stand a little less between me and the sun.' It is what every citizen is entitled to ask of his government.?
-Henry Hazlitt in 'Economics in One Lesson'


Post Extras: Print Post  Remind Me! Notify Moderator
Offlinezappaisgod
horrid asshole

Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 4 years, 2 months
Re: Venezuelan shoppers face food shortages [Re: Ancalagon]
    #5173558 - 01/12/06 08:51 PM (14 years, 6 months ago)

What the fuck do they need coffee for when their coke dealer buddy just got elected president of Bolivia? Please, wake up and smell the ......base?


--------------------


Post Extras: Print Post  Remind Me! Notify Moderator
OfflinePhred
Fred's son
Male

Registered: 10/19/00
Posts: 12,949
Loc: Dominican Republic
Last seen: 5 years, 6 months
Re: Venezuelan shoppers face food shortages [Re: heidegger]
    #5173559 - 01/12/06 08:51 PM (14 years, 6 months ago)

heidegger writes:

Quote:

"Food shortages" seems a bit overly dramatic, there is just lack of coffee.




Missed this part of the article, I see --

"Yet several food stores in Venezuela's capital city Caracas say the coffee raids are not addressing the fact that shops are also running low on sugar, maize, powdered milk and beans.

"Store managers insist they are not being supplied with new stock from wholesalers and importers, who were also complaining that the prices set by the government are too low."




Phred


--------------------


Post Extras: Print Post  Remind Me! Notify Moderator
Offlineheidegger
Stranger

Registered: 02/03/03
Posts: 89
Last seen: 13 years, 8 months
Re: Venezuelan shoppers face food shortages [Re: Phred]
    #5176871 - 01/13/06 03:36 PM (14 years, 6 months ago)

Oops.


Post Extras: Print Post  Remind Me! Notify Moderator
Jump to top. Pages: 1

Shop: Kraken Kratom Red Vein Kratom   Bridgetown Botanicals CBD Edibles   PhytoExtractum Kratom Powder for Sale

General Interest >> Political Discussion

Similar ThreadsPosterViewsRepliesLast post
* Venezuela is just asking for it carbonhoots 1,255 12 03/31/05 10:16 PM
by JesusChrist
* VENEZUELA: INTERVENTIONS 'R' US. RonoS 697 3 01/06/03 11:02 PM
by carbonhoots
* Noam Chomsky: Venezuela is an Example of True Solidarity
( 1 2 3 all )
lonestar2004 4,250 56 02/28/06 07:58 PM
by Skeptikos
* Latin America faces down "free trade" Alex213 340 0 11/16/05 12:52 PM
by Alex213
* Early Election in Venezuela..at Bush's request??? RonoS 743 3 12/17/02 10:02 AM
by Rono
* Venezuelan E-Voting afoaf 398 0 07/13/04 12:21 PM
by afoaf
* Hezbullah parasites infect Venezuela Luddite 692 3 09/09/06 01:57 PM
by Andy21
* Files show ties of Venezuela-Colombia rebels -U.S.
( 1 2 all )
Luddite 3,388 27 06/13/08 09:49 PM
by ScavengerType

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: Enlil, ballsalsa
692 topic views. 5 members, 17 guests and 3 web crawlers are browsing this forum.
[ Print Topic ]
Search this thread:
Edabea
Please support our sponsors.

Copyright 1997-2020 Mind Media. Some rights reserved.

Generated in 0.057 seconds spending 0.011 seconds on 16 queries.