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McDonald’s forced to halt Big Mac sales in Venezuela
The restaurant suspended sales of french fries for 11 months previous year as a result of shortages.
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Due to difficulties acquiring enough bread, McDonald’s restaurants in Venezuela have stopped selling the chain’s iconic double-decker burger.
The corporation responsible for Venezuela’s McDonald’s franchises, Arcos Dorados Holdings Inc., issued a statement calling the situation “temporary” and asserting they will find a way to stock the flour necessary to make buns for their sandwiches. The company had said on Thursday that the stopping of the burger’s sales is temporary and that other menu options were available, like the Quarter Pounder and the cheesbruger, the McNífica. “Together with our supplier, we are evaluating the best options that will allow us to continue serving high quality food to our customers”, spokesman Daniel Schleiniger told Bloomberg via email.
Venezuelan fast-food lovers are mourning the disappearance of McDonald’s golden staple: the french fry. French fries were eventually brought back in late 2015 – but with a hefty price tag.
Venezuela is deep into a humanitarian crisis, and the country is suffering from food shortages.
Things have gotten so bad that Venezuela even temporarily opened its borders to Colombia two weekends in a row so that over 100,000 Venezuelans could enter the country to buy necessary goods like food and medicine. Two years ago it had $20 billion. Venezuela’s economy is expected to contract by 10 percent this year according to an estimate by the International Monetary Fund. Inflation could rise as high as 700 percent in 2016.
And the country’s economic future is not looking very bright.
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This amid a dollar drought caused by a fall in oil prices.