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Coca-Cola still under siege

Former workers rally outside a Coca-Cola blotting plant in western Venezuela (Photo: Pablo González / Efe)

Economy  

Three distribution sites of Mexican bottler Coca-Cola Femsa continued blockaded by former freight employees and concessionaries.

Rodrigo Anzola, the corporate manager of Legal and Institutional Affairs, said that clashes continued in the western cities of Acarigua, Mérida and La Fría, where they were waiting for judicial and security authorities to take action.

Anzola noted that the company regained 90 percent of the control over distribution of commodities.

He regretted that the bottler could not sell 1.76 million of boxes, accounting for USD 8.9 million.


On the Cover

Worsening chronic poverty in Venezuelan households

11:00 AM. Economy. Based on the official data, more and more families failed to get out of poverty in 2008; the exclusion status of more people moved faster and fewer people are on their way to overcome this situation. According to the data provided by the official National Statistics Institute (INE), last year the poorest homes in the country recorded an average monthly income of USD 401.82, whereas the food basket amounted to 417.77

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