Maduro Threatens to Seize Idle Venezuela Plants, Jail Owners

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 Threatens to Seize Idle Venezuela Plants, Jail Owners
Venezuelan President Nicolas Maduro during a rally in Caracas on May 14, 2016. Juan Barreto/AFP/Getty Images
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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.”