FIRST AIRED: April 12, 2019

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00:00:00
and to not lose so has owned this packaging plant for thirty years based in the city of Valencia once then as well as industrial power house his factory has been struggling through yours of hyper inflation vanishing client orders and the flight of employees lately the situation has gotten even worse unprecedented nationwide blackouts have paralyzed the factory and the rest of the country cutting off power water and cell service to millions of Venezuelans lined with any of that that I I love what I do and with the we had to adapt to the schedules of our workers because the security issues on real and they can't leave their homes if there is no light if they normally live in anxiety when there is electricity imagine life without it , hit by a crippling recession the number of firms based in Valencia has fallen to five hundred from the five thousand there were two decades ago when president Nicolas Maduro's predecessor Hugo Chavez let the country a few multinational companies like Nestle and Ford are still clinging on nestles factory which makes baby food halted production during the first black out in early March and operations again froze two weeks later right now we are at a standstill when it starts up again will resume production for a month Ford's factory in Valencia has also been operating at a bare minimum in December the carmaker began offering buyouts to staff after it received new orders for two thousand and nineteen bought Ford insists it has no plans to leave the country earlier this month the government said that under a power rationing plan balance ya would spend at most three hours a day without electricity but it doesn't executives and workers told Reuters the outages are still lasting over ten hours they say generators are costly and can only power a fraction of a business's operations as a result many factories have simply shut down