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.
Browns have zeroed in on choice with No. 1 draft pick
Garrett can be a franchise-changing selection, even current Browns players realize (and are excited) about that possibility. Reports immediately emerged that the Browns would try to trade Osweiler again - and if all else failed they'd cut him.
Aaron Hernandez found hanged in cell
According to department spokesperson Christopher Fallon, the former tight end tied a bed sheet to the cell window to hang himself. Hernandez's death comes the same day the Patriots are making their visit to the White House today to mark their Super Bowl win.
Rising star Dybala is Messi's mirror image
Read about Barcelona vs Juventus live streaming , lineup, live score updates on this page. On Sunday there's another big match, and we'll go there to compete and try and win.
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".