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Business Daily: Venezuela's Elections

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04/12/2015 GMT

Venezuela's Elections

BBC World Service - Business Daily, Venezuela's Elections

Will Venezuela be the next Latin American country to turn its back on leftwing populism?

A business leader in Venezuela tells us what he hopes will come out of the country's congressional elections this weekend. Will it kickstart change?

Venezuela heads to the polls this weekend amid chronic nationwide food and product shortages, soaring prices and a shrinking economy. We speak to Venezuelans queuing at supermarkets and hear from Juan Pablo Olalquiaga, president of Venezuela's Chamber of Industry, about what the business community hopes will come out of the elections. Plus, Ryan Smith, co-founder of Qualtrics, a company that develops online survey research platforms, tells us what it's like to be a fast-growing tech firm based in Utah, far from Silicon Valley. And we ask him what he makes of the philanthropic ambitions of Facebook's founder, Mark Zuckerberg.

(Picture: An electoral propaganda graffiti in Caracas depicting Hugo Chavez, Simon Bolivar and Nicolas Maduro; Credit: Federico Parra/AFP/Getty Images)

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