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Venezuela to Ration Electricity After Colombia Cuts Gas

Venezuela’s government announced the start of electricity rationing in western Zulia state as well as water rationing in Caracas to reduce demand on the power grid, a day after Ford Motor Co. halted production in Latin America’s largest oil exporter.

The second-largest U.S. automaker joins competitor Toyota Motor Corp. and Dutch truck-maker CNH Industrial NV in suspending assembly in the South American country because of the difficulty of obtaining dollars to import parts from the government.