No, not the animal. It’s a ‘beer’ and not a ‘bear’. In Venezuela, a Polar Beer has been for long considered to be a part of its traditions, of its customs. It may not last long though.
Venezuelan President Hugo Chavez has accused Polar and its owner Lorenzo Mendoza of rushing up food prices by hoarding products. “I am not nationalise Polar, Mendoza, so be careful”, is what he said while levelling the allegations. Polar is the biggest Beer producer in Venezuela and also the largest private company in Venezuela after Chavez’s nationalisation drive.
Its important to mention here that post nationalisation, Venezuelan economy has only been performing poorer and that there was a contraction of 5.8% in the first quarter of this year. Looking at these statistics, its prudent enough to advice Mr. Chavez to think of steering the Venezuelan economy towards growth and stop blaming the private sector. And he must remember that people in Venezuela love their Polar Beer.
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