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  • Coca-Cola halts production in Venezuela

    05/20/2016 7:34:12 PM PDT · by fruser1 · 34 replies
    CBS News / AP ^ | 20 May 2016 | AP Copy
    Coca-Cola is halting production in Venezuela of its namesake beverage due to a sugar shortage brought on by the country's grinding economic crisis. The Atlanta-based company said in an emailed statement Friday said that its production of sugar-sweetened beverages will be suspended in the coming days after local suppliers reported they had run out of the raw material. Sugar-free beverages are not affected and the company said its offices and distribution centers remain open in Venezuela.