Venezuelans Put Grocery Stores Under Military Protection
By Andrew Rosati Jan 9, 2015 11:35 AM PT
Shoppers line up outside Excelsior Gama grocery story in the Chacao section of eastern... Read More
Shoppers thronged grocery stores across Caracas today as deepening shortages led the government to put Venezuela’s food distribution under military protection.
Long lines, some stretching for blocks, formed outside grocery stores in the South American country’s capital as citizens search for scarce basic items such as detergent and chicken.
“I’ve visited six stores already today looking for detergent -- I can’t find it anywhere,” said Lisbeth Elsa, a 27-year-old janitor, waiting in line outside a supermarket in eastern Caracas. “We’re wearing our dirty clothes again because we can’t find it. At this point I’ll buy whatever I can find.”
A dearth of foreign currency exacerbated by collapsing oil prices has led to shortages of imports from toilet paper to car batteries, and helped push annual inflation to 64 percent in November. The lines will persist as long as price controls remain in place, Luis Vicente Leon, director of Caracas-based polling firm Datanalisis, said today in a telephone interview.
Government officials met with representatives from supermarket chains today to guarantee supplies, state news agency AVN reported. Interior Minister Carmen Melendez said yesterday that security forces would be sent to food stores and distribution centers to protect shoppers.
Empty shelves sit in a supermarket in the La Boyera part of eastern Caracas on Jan. 9, 2015.
‘Desperation’
“Don’t fall into desperation -- we have the capacity and products for everyone, with calmness and patience. The stores are full,” she said on state television.
President Nicolas Maduro last week vowed an economic “counter-offensive” to steer the country out of recession, including an overhaul of the foreign exchange system. He has yet to provide details. While the main government-controlled exchange sets a rate of 6.3 bolivars per dollar, the black market rate is as much as 187 per dollar.
“What we’re seeing is worse than usual, it’s not only a seasonal problem,” Leon said. “Companies are not sure how they will restock their inventories or find merchandise, with a looming fear of a devaluation.”
The price for Venezuela’s oil, which accounts for more than 95 percent of the country’s exports, has plunged by more than half from last year’s peak in June to $47 a barrel this month.
“This is the worst its ever been -- I’ve seen lines thousands of people long,” Greisly Jarpe, a 42-year-old data analyst, said as she waited for dish soap in eastern Caracas. “People are so desperate they’re sleeping in the lines.”
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