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Post by scumbuster on Apr 22, 2016 17:15:56 GMT -5
Polar to Stop Brewing Beer in Venezuela Due to Shortages of Raw Materials CARACAS – Empresas Polar, Venezuela’s largest food company and the brewer of 80 percent of the country’s beer, said on Thursday it would stop brewing beer in the South American nation next week due to shortages of raw materials. “We only have enough malted yeast to produce until April 29,” the company said in a statement. Polar has been saying for some time that President Nicolas Maduro’s administration has not been giving it access to the foreign currency needed to pay suppliers abroad. Lorenzo Mendoza, who owns Polar, has been accused by Maduro of waging “economic war” against the government. Maduro blames the business community for the shortages of food, medicines and other consumer products in Venezuela, where such goods can be bought on the black market at high prices. “I’m waiting for you here, Lorenzo Mendoza, come into the bullring, Lorenzo Mendoza, hypocrite, two face. If you can’t manage your companies, hand over the companies to the people, who can do it,” Maduro said on Feb. 4, a day after the businessman spoke out in public about the dire economic situation in Venezuela. Polar, which employs about 30,000 people and also distributes Pepsi Cola and Gatorade products, is not getting “even one dollar” from the state-controlled foreign exchange system implemented in Venezuela in 2003. laht.com/article.asp?ArticleId=2410507&CategoryId=10717
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Post by billyb on Apr 24, 2016 20:09:41 GMT -5
That's huge, be ause if venies love anything, it is their beer. This might be the beggining of the end for Maburro.
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