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→Expropriation: Added a section for Domestic nationalization initiatives
==Expropriation==
==Expropriation==
===Foreign===
[[Image:Hugo-chavez8.jpg|left|175px|thumb|Venezuelan President Hugo Chavez with Fidel Castro.]]
[[Image:Hugo-chavez8.jpg|left|175px|thumb|Venezuelan President Hugo Chavez with Fidel Castro.]]
Through Venezuela's state-owned petroleum industry and membership in [[OPEC]], Chávez used powers granted to him by Parliament to increase oil prices, adding revenue for the Bolivarianist projects. Countries such as the United States have criticized Chávez for the increase in cost for crude oil. Chavez was at the forefront of wanting to set crude oil prices at $60 a barrel minimum, according to the ''Asia Times''<ref>[http://www.atimes.com/atimes/Global_Economy/HL07Dj01.html ''Bush, OPEC and Chavez of Arabia''], Pepe Escobar, Asia Times, 7 December 2006.</ref> The state-owned oil company PDVSA is estimated to have spent in excess of $120 million sponsoring the [[Formula 1]] team, Williams F1, so that they would give the Venezuelan Pastor Maldonado a seat.
Through Venezuela's state-owned petroleum industry and membership in [[OPEC]], Chávez used powers granted to him by Parliament to increase oil prices, adding revenue for the Bolivarianist projects. Countries such as the United States have criticized Chávez for the increase in cost for crude oil. Chavez was at the forefront of wanting to set crude oil prices at $60 a barrel minimum, according to the ''Asia Times''<ref>[http://www.atimes.com/atimes/Global_Economy/HL07Dj01.html ''Bush, OPEC and Chavez of Arabia''], Pepe Escobar, Asia Times, 7 December 2006.</ref> The state-owned oil company PDVSA is estimated to have spent in excess of $120 million sponsoring the [[Formula 1]] team, Williams F1, so that they would give the Venezuelan Pastor Maldonado a seat.
===Domestic===
In addition to foreign assets, the Chavez government also nationalized domestic assets as well as implemented schemes of Price fixing. The organization '''SUNDDE''', or ''National Superintendence for the Defense of Socioeconomic Rights'', was established in 2014 to oversee [[Price controls]]. In 2007, Chavez nationalized CANTV, the largest communications provider in Venezuela. Electricidad de Caracas was also nationalized in 2007 and incorporated into PDVSA. In 2010, Agropatria was nationalized and farming has not since recovered. In 2011, the transportation company Conferry was nationalized, and since that time most of their ships have become useless.
==Anti-Semitism==
==Anti-Semitism==