As in the days of Noah....
DICTATORSHIP WATCH:Venezuelans block steel plant after takeover order
CARACAS-Workers have blocked all steel shipments from Venezuela's Ternium Sidor steelmaker a day after a government order to nationalize the company, union and company officials said on Thursday.Union president Jose Rodriguez said workers stopped steel leaving the plant to protect the product during the nationalization, which the government of leftist President Hugo Chavez announced on Wednesday."It is paralyzed until further notice," Rodriguez told Reuters by telephone.He said a group of workers had also entered the administrative offices of Ternium Sidor to prevent the company removing important documents.During a raft of nationalizations last year there were no major worker interruptions to companies' operations. In the case of Ternium Sidor, workers had held strikes and urged its nationalization because they believed the company treated them unfairly in pay negotiations.An official source at Ternium Sidor said about 300 trucks and two ships were affected by the blockade, which it called illegal. The company asked the government to intervene, the official, who asked not to be named because they did not have authority to speak for the record.The New York-listed shares in the Argentine-controlled parent company Ternium have fallen more than 13 percent since the takeover was announced.