As Venezuela coffee output sinks, it swaps oil to import Nicaraguan beans


By Luc Cohen and Ivan Castro NEW YORK/MANAGUA (Reuters) – Venezuela, once a proud exporter of premium coffee, has been reduced to swapping crude oil for growing volumes of Nicaraguan coffee beans to make sure worsening economic turmoil does not prevent people from getting their caffeine fix. For the first time on record, coffee imports this year will exceed the bean output of Venezuela's …

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