Venezuelan authorities backed by troops are on Saturday expected to seize a 32,000-acre ranch owned by Lord Vestey, an English aristocrat and meat tycoon. The move, the first in what is likely to be a number of Zimbabwe-style expropriations of big estates, appears to signal a renewed radicalisation in the leftwing government of President Hugo Chávez. Lord Vestey, known as “Spam” to friends because his family's wealth comes from the meat trade, is one of Britain's richest men and a close friend of Prince Charles. With interests that have ranged from overseas cattle ranches to a chain of butchers' shops,...
