Thursday, November 27, 2008

Colombia wants coffee countries to buy Starbucks

BOGOTA, Nov 23 (Reuters) - Coffee-growing nations should buy Starbucks and create their own distribution chain as the U.S. company grapples with slowing sales, Colombia's coffee federation chief said in an interview published on Sunday.

Gabriel Silva, director of the National Federation of Coffee Growers, also told El Tiempo newspaper that Colombia will accumulate four times the coffee stocks it did a year ago to build inventories and shore up coffee prices.

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