Coca-Cola Halting in Venezuela

Coca-Cola Ceases Its Soft Drink Production in Venezuela
Even soft drink companies are falling victim to the economic crisis that grips most of Venezuela. Coca-Cola being one example of them.

The Coca-Cola company has recently sent out a statement to its Venezuelan suppliers that the company will temporarily shut down its operations due to a sugar shortage in the country, among other raw materials. This announcement only comes mere weeks after Empresas Polar, the largest beer brewer in Venezuela, shut down nearly all of its plants because of a barley shortage.

Despite a halting in production, a spokesperson for Coca-Cola, Danilo Diaz Granados said that the company would continue to produce sugarless drinks such as Diet Coke, more specifically Coca-Cola Light. However, the shortage of supplies only highlights the turmoil that is plaguing Venezuela, as the country has faced food and water shortages for quite some time now. Sugarcane production as a whole has fallen dramatically says Granados, due to the price controls and the increasing costs of production and gathering of materials. In turn, the farmers find themselves turning to other crops to generate a better income.

The Venezuelan economy as a whole has suffered greatly, with many locals being forced to stand in line for hours just to get basic food and water, which is being rationed day in and day out. The crisis has caused president Nicolas Maduro to institute a state of emergency.


Igor Cornelsen Investment Tips in Brazil

Brazil is being watched by everyone in the world at the moment. This year, several sports activities will be held there, and many people will travel from their countries to stay there for some time, and most televisions will be airing the news about the results of the sports in different countries. This is not the only thing people are concerned about in Brazil this year. Many people are also interested to know what is happening to the country’s economy.

Igor Cornelsen is a well- known investor and also an expert on prnewswire business section in financial issues. He is currently based in Bainbridge, Bahamas, and he has been in the limelight trying to explain to the world what is currently happening in the country. According to him, an experiment was conducted in Brazil in the recent past, and it clearly showed that the economy of the country has failed seriously in the recent past.

Dilma Roussef, the re-elected president of the country, has been partially blamed for what the Brazilian economy is going through. During her first term as the president of the country, she was busy implementing her populist ideas, and they did not bring any economic growth. In her new term, experts say that she might continue to stick to these ideas, bringing little or no change to the country. She has been promising the citizens that there will be some changes, but none has been registered.

Before she was elected to office, the economy was doing better. People were expecting that the economy would bounce back to the success it was enjoying before the 2008 financial crisis. Dilma has not done anything to make the company get the success it was enjoying in the past, but according to Igor, the country has good chances of getting some improvements.

Igor Cornelsen is a financial expert, specializing in several types of investments. He is a leader in the industry, and he mostly tries as much as he can to lead by example. He has been showing the Brazilians how to apply unique innovations and strategies in order to recover from the financial problems it is facing and get back its former success.

Joaquin Levy, the newly elected finance minister, is also one of the people who will ensure that the country starts to progress again. He is very qualified to serve in the position, having completed a Ph.D. degree from a prestigious university known as the Chicago University. He has a lot of knowledge in Federal administration, and according to experts like Igor Cornelsen say via his WordPress blog that he will help the financial institution a lot.