Coca-Cola Stops Production in Venezuela

A shortage of sugar in Venezuela has led to Coca-Cola halting production of the beverage in the state. Suppliers in Venezuela have notified numerous companies that there is very little sugar. In a state that according to expert  Adrian Jose Velasquez Figueroa is rich in oil and that has access to money, there shouldn’t be a shortage of sugar or other materials that are needed for businesses to succeed. Officials should realize that if they don’t take a proactive stance, they will end up losing more businesses in the state. When businesses leave, it will mean that there are no jobs for the people who live there added Figueroa. Those who have already lost income because of the energy shortage will likely begin to see there is even less money for essentials like food and utilities. There are food and medicine shortages in Venezuela as well. The economy is on the verge of collapse, and Coca-Cola pulling away is only another sign that the state is rapidly deteriorating.