http://www.nytimes.com/2009/05/09/wo...tml?ref=globalCARACAS, Venezuela —President Hugo Chávez asserted greater control over the country’s energy industry on Friday by seizing the assets of some foreign and domestic oil contractors while his government grapples with a sharp decline in oil revenue and mounting debts...
The move points to a greater concentration of power by Mr. Chávez, who is busily exerting sway over key industries and political institutions during the economic crisis. In recent weeks, his government has also hounded top rivals, stripping the mayor of Caracas of financing for the city budget, while forcing another mayor, of Maracaibo, to seek asylum in Peru after he was confronted with corruption charges.
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