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You know things are really bad in Venezuela when...
Las Vegas Sun ^ | 19 May 03 | associated press wire story

Posted on 05/19/2003 8:35:27 AM PDT by ameribbean expat

CARACAS, Venezuela (AP) - For the first time in decades, the country that has won more major beauty pageants in recent years than any other won't be offering a candidate for Miss Universe.

The Miss Venezuela Organization said Friday that the country's strict foreign exchange controls, imposed amid a general strike earlier this year, have made it unable to obtain the dollars to send a candidate to the June 3 pageant in Panama.

"The decision not to send Miss Venezuela to this prestigious international contest came after we exhausted all our efforts to send our usual and always distinguished representative," the organization said in a statement on its Web site. "But the serious political and economic crisis Venezuela is going through has posed an obstacle insurmountable for the moment."

Miss Venezuela president Osmel Sousa said Tuesday that his organization needed $80,000 for the franchise fee to send Mariangel Ruiz, a tall, 23-year-old brunette, to Miss Universe. The organization has the funds in the local bolivar currency but is not able exchange them into dollars.

Edgar Hernandez, the president of the government agency in charge of authorizing dollar sales, said he was not aware that the organization had applied for the dollars.

Hernandez said he was looking into it and would consider granting the funds if the organization submitted an application.

Asked if an application had been submitted, officials at Miss Venezuela sponsor Venevision television declined to comment.

In the past 24 years, the Miss Venezuela Organization's contestants have won the three most important international beauty contests 12 times - more than any other country.

Venezuela has won four Miss Universe crowns, five Miss World crowns and three Miss International titles. The last time Venezuela didn't participate in Miss Universe was 1959.

In January, President Hugo Chavez's government imposed strict foreign exchange controls to stop panic dollar buying and protect its depleting international reserves amid a failed general strike to try to force his ouster.

The controls have prevented most private businesses from obtaining dollars. The government had granted $155 million since Jan. 21, compared with Venezuela's usual monthly demand of $1 billion.

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TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: latinamerica; latinamericalist; missuniverse; missvenzuela; venezuela
The oil hurt...this kills!
1 posted on 05/19/2003 8:35:27 AM PDT by ameribbean expat
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To: ameribbean expat

"You can't get good chinese takeout in China and cuban cigars are rationed in Cuba. That's all you need to know about communism." - P.J. ORourke

2 posted on 05/19/2003 9:22:19 AM PDT by martin_fierro (A v v n c v l v s M a x i m v s)
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To: ameribbean expat
I'm sure that there are many men in the world who would pay the $80K in exchange for a few dates with Miss Ven
3 posted on 05/19/2003 9:26:10 AM PDT by SauronOfMordor (Heavily armed, easily bored, and off my medication)
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To: *Latin_America_List; Cincinatus' Wife
http://www.freerepublic.com/perl/bump-list
4 posted on 05/19/2003 9:34:37 AM PDT by Libertarianize the GOP (Ideas have consequences)
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To: Libertarianize the GOP
Somehow I knew it would take something like this.

Hugo Chavez - Venezuela

5 posted on 05/19/2003 11:05:54 AM PDT by Cincinatus' Wife
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To: ameribbean expat
Maybe this dapper duo plan to set up their own communist pagent.


Castro and Chavez admire good luck necklaces.

6 posted on 05/19/2003 11:11:31 AM PDT by Cincinatus' Wife
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