CARACAS, Venezuela—President Nicolas Maduro threatened Saturday to take over idle factories and jail their owners following a decree granting him expanded powers to act in the face of a deep economic crisis.
Maduro’s remarks came as Venezuela’s opposition warned the embattled leader that if he tries to block an attempt to hold a recall referendum, society could “explode.”
Speaking to supporters in the capital, Caracas, the president ordered “all actions to recover the production apparatus, which is being paralyzed by the bourgeoisie.”