Venezuela VP Nicolas Maduro Can Issue Debt, Seize Assets
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President Hugo Chavez gave Vice President Nicolas Maduro the right to authorize debt sales and seize assets as Maduro described the Venezuelan leader’s health as “difficult and complex” following an operation for cancer.
The resolution, which was published in the Official Gazette on Dec. 21 and distributed online today by local news website Noticias24, also gives the vice president the power to approve changes to Venezuela’s annual budget and accept or reject proposals submitted by government ministers.