Monday 23 May 2016

Coca-Cola production halted in Venezuela due to sugar shortage

Company spokeswoman says sugar suppliers have temporarily stopped operations ‘due to a lack of raw materials’ as country grapples with recession

The Venezuelan bottler of Coca-Cola has halted production of the sugar-sweetened beverage due to a lack of sugar, a Coca-Cola Co spokeswoman said on Monday.

Venezuela is in the midst of a deep recession, and spontaneous demonstrations and looting have become more common amid worsening food shortages, frequent power cuts and the world’s highest inflation.

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