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Frances Martel

Frances Martel

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Clorox, Colgate, Coca-Cola Hit by Devaluation of Venezuela's Currency

Clorox, Colgate, Coca-Cola Hit by Devaluation of Venezuela's Currency

The disastrous policies of President Nicolás Maduro’s socialist government in Venezuela are beginning to significantly impact American corporations. Corporations like Clorox, Colgate-Palmolive, Coca-Cola, and others are finding their quarterly earnings diminished by the rapid devaluation of Venezuela’s currency. According to