Vice President Delcy Rodriguez said the government would also assume supervision of Empresas Polar, the national food giant and Venezuela’s largest privately held company headed by Lorenzo Mendoza. Ham-maker Plumrose Latinoamerica will also be supervised. By Patricia Laya and Alex Vasquez. Full text -> Bloomberg

Venezuelan President Nicolas Maduro warned on Wednesday that strict price controls on basic goods could return, as the coronavirus outbreak and an acute gasoline shortage prompt inflation to accelerate. Full text -> Reuters

Retail merchants in Venezuela are refusing to accept Petro payments as hyperinflation is causing massive devaluation upon liquidation of the crypto at the banks. By Osato Avan-Nomayo. Full text -> Bitcoinist