Maduro estimates overconsumption at 30%
The Food and Agriculture Organization of the United Nations will award Venezuela for its advances in food
Said progress is hallmarked by three fundamental areas for people's development: more food availability or higher calories consumption, and reduced hunger and children's malnutrition, AVN cited.
Regarding shortage in the country, the Venezuelan Head of State attributed the issue to overconsumption.
"Consumption jumped 30% with respect to regular periods in previous months. Why? For two reasons: there is overconsumption due to people's purchasing power and the other (reason) is the (shortage) campaign." Maduro added that there was no economy in the world exempted from "the speculative attacks of commercial psychosis."
Cristian Fonseca, a businessman in La Candelaria district downtown Caracas, was doing the accounts in his small shop office on Sunday December 21, 2008. The Christmas shopping season kept him working late hours into the night. It was around 11 p.m. and his phone rang. A friend broke the bad news to him over the telephone.