President Nicolas Maduro, handpicked by Chavez as his successor, has continued the tradition. The country is in the midst of a years-long brutal economic depression, their currency is almost worthless, unemployment is said to be as high as 25 percent, and violent protests have broken out as a result of these things.
Hyperinflation has wiped out the value of its currency, the bolivar. At least four people have been killed in the protests.
Oil-rich Venezuela has seen its economy crash under the socialist rule of the Maduro regime. The Supreme Court also blocked all reforms from opposition lawmakers.
Companies have been cutting operations in Venezuela as a result of runaway inflation and strict currency controls.
The Venezuelan government has offered no explanation for its seizure of the GM plant, and the timing of the move suggests Maduro may be looking to escalate his confrontation with the United States to try to move attention away from the intensifying protests against him.
Coca-Cola was forced to halt production of Coke and other sugar-sweetened beverages previous year due to a sugar shortage.
Labour leader says UK election 'establishment vs people'
Within hours of the vote, the prime minister was in Bolton, outside Manchester, to deliver her first stump speech of the campaign. Theresa May has made clear a "weak" Labour leader will be the focus of her campaign. "We will overturn this rigged system".
Patriots' visit to the White House is a GIFt to the internet
Trump at the White House, Gisele Bündchen - Tom Brady's supermodel wife - tweeted out a link to an anti-Trump climate rally. Brady notified the White House that he was dealing with a "personal family matter" and did not attend the ceremony.
San Diego State men's basketball coach Steve Fisher retires
The Aztecs will hire Brian Dutcher to take over, Fisher's assistant at MI and for the entirety of his career at San Diego State. One reason for the program's success has been a remarkable continuity among the assistant coaches and staff.
Home ice no advantage for Rangers in Game 3 vs. Canadiens
But the preponderance of play was controlled by the Rangers . "Offensively, we need to do more, create more", Rangers forward J.T. The Montreal Canadiens will look to head back to Montreal with a 3-1 lead in Game 4 of their series with the New York Rangers.