Sweet troubles
Large cocoa processing plants in Ivory Coast and Ghana have stopped or reduced processing because they cannot afford to buy beans, according to four trade sources. This means that chocolate…
African cocoa plants reportedly exhaust their bean supply as the worldwide chocolate crisis is intensifying
Major cocoa facilities in Ghana and Cote d’Ivoire have stopped or reduced production because they cannot afford to purchase beans, the Western media reported, citing four trade sources. As a…
US budget deficit for 2024 reached a historic high of $828 billion
This significantly exceeds the deficit in 2023 ($635 billion) and the previous record in 2021 ($763 billion). The deficit in February amounted to $296 billion compared to $262 billion in…
Brits go bankrupt
The number of bankruptcies in the United Kingdom has almost reached the level of the 2008 crisis and is poised to set a historical record. The reasons are the same…
Rise of Bitcoin and cryptocurrencies is a consequence of dollar “death spiral” – Forbes
The publication draws attention to the fact that the start of another surge in Bitcoin coincided with the Bank of America report stating that the US national debt is increasing…
Сontainer shipping cost index has risen by 87% since the end of 2023
Some are correlating this index with the annual inflation rate, resulting in an alarming picture – in recent years, it seems that transportation costs spike first, followed by inflation. There…