Alimentos Polar, the Venezuelan company responsible for manufacturing 80% of the country’s beer supply, has officially shut down.This shutdown comes after months of being denied the dollars necessary to buy malted barley, a necessary ingredient used for beer production. Like many other Venezuelan companies, Polar blames the government.President Nicolas Maduro…
Venezuela Named to ‘Trademark Theft Watch List’ by U.S. Officials
A new report has revealed that Venezuela and several other nations are under close watch by U.S. officials for intellectual property theft. According to FootwearNews.com, the Office of the United States Trade Representative (USTR) has named China as the top international offender of intellectual property theft and counterfeits. The findings…
Venezuela’s Two Day Work Week Designed to Deal With Energy Crisis
Venezuela is facing a major energy crisis and drought, and in order to deal with these problems, the government has imposed a two-day working week for public sector workers. Until the crisis is over, Vice President Aristobulo Isturiz has announced that civil servants need only come to work on Monday…