Venezuela’s Maduro Orders Occupation of Electronics Store

Venezuelan President Nicolas Maduro today ordered the occupation of a national chain of electronic stores called Daka as he seeks to battle record inflation and shortages of consumer goods.

Maduro, who said he’s taking action against price speculators waging an “economic war” against his government, said the retailer was selling consumer goods far above prices charged by a government program that provides subsidized household appliances and electronics.