Venezuelan President Chavez To Sign New Price Regulation Measure/ Ejecutivo fijará bandas máximas de ganancias

Venezuela will adopt a new law Thursday that will set price caps across some sectors of the economy, President Hugo Chavez said in a message on his Twitter account. Chavez said he would be signing the legislation later in the day during a meeting with his cabinet members. In early May, Vice President Elias Jaua said the measure, dubbed the Law of Costs, Prices and Salary Protection, would go into effect by the fourth quarter of this year and would be used to tackle Venezuela's problematic inflation, which at an annualized rate of nearly 27% ranks among the world's highest ( more...)/ El Gobierno creó el Sinacopre, Sistema Nacional Integral de Administración de Costos y Precios Justos, para regular las ganancias y fijar los precios de venta de los bienes de consumo masivo y servicios. Este mecanismo está incluido en la nueva Ley de Costos y Precios Justos aprobada ayer por el presidente Hugo Chávez, dentro de la Ley Habilitante ( más...)