07-01-2016 01:58 via uk.news.yahoo.com

Maduro reshuffles Cabinet as Venezuela showdown intensifies

By Alexandra Ulmer and Andrew Cawthorne CARACAS (Reuters) - Venezuelan President Nicolas Maduro named two university academics to major economic posts in a Cabinet reshuffle on Wednesday that came as a showdown intensified between his government and a new opposition-led legislature. In a lengthy speech to the nation, the socialist leader named Rodolfo Medina as finance minister and Luis Salas to head a new ministry for economic productivity. Recession-hit Venezuela has the highest inflation in t
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