Why Coke Has Suspended All Production in Venezuela

It Takes A Lot Of Sugar To Make Coca-Cola

Now production of the sparkling drink has been stopped in Venezuela because it is in short supply. Coca-Cola FEMSA has suspended all production in Venezuela because of a sugar shortage, the Mexican beverage multinational said in a statement. This is the latest subject added to Venezuela huge economy crisis , more bad news keep piling up for the common people.

Yet production of sugar-free drinks will continue, the company has confirmed.

“While this situation will impact the production of sugar-sweetened beverages in the coming days,” a Coca-Cola spokeswoman told CNNMoney, “the production lines for zero-sugar beverages such as bottled water and Coca-Cola Light … continue operating normally.” The sugar scarcity is the latest sign of Venezuela’s state of emergency.

Last month, Polar Group, Venezuela’s largest food and beverage company and biggest private company overall, said it would suspend production of beer and other malt beverages because of a lack of barley. The suspension comes as Venezuela’s economy appears to be teetering on the brink of collapse. Earlier this week, President Nicolas Maduro repeated his threat to seize closed factories and nationalize them.

photo by theguardian.com

photo by theguardian.com

Amid a drought — and what experts say is government mismanagement — his government began scheduled blackouts for four hours a day in many cities, except Caracas, to save energy. To further save electricity, Maduro in April announced a 2-day work week for government employees and others in the public sector. He even shifted Venezuela’s time zone forward 30 minutes to give workers more daylight during working hours, as stated in money.cnn.

Sometimes you just have to let go of the old and trust that something better is going to take its place, even if it’s scary to face change and the unknown.

The country is also running low on cash because the price of oil, the main engine of its economy, has fallen dramatically while government spending has increased. Even as oil prices have rebounded in recent months, experts say, Venezuela has a long way to go to recover from its crisis.

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