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Latest Articles

Cocoa trader Olam says new EU law may force it to drop some suppliers

By Maytaal Angel, LONDON, April 14 (Reuters) - Commodity trader Olam said on Wednesday that new European Union legislation aimed at preventing the import of commodities linked to deforestation and human rights abuses might force it to stop using some of its cocoa suppliers.
By Maytaal Angel
Reuters

Two pandemics and Brexit leave UK pig sector in peril

By Maytaal Angel, LONDON, Feb 19 (Reuters) - For British pig farmers like Simon Watchorn, the start of 2021 has brought fresh problems after a pandemic-ridden 2020. British pork producers have seen their profits eroded by COVID-19 and an outbreak of deadly African Swine Fever (ASF) in Germany, and are now having also to deal with Brexit red tape that has hammered exports and hurt demand from key buyers such as German sausage makers.
By Maytaal Angel
Reuters

British meat industry warns of border chaos as delays halt exports

By Maytaal Angel, LONDON (Reuters) - The British meat industry warned on Monday of looming border chaos as post-Brexit customs checks between Britain and the European Union (EU) halt some cross-border meat flows even with volumes sharply reduced.
By Maytaal Angel
Reuters

Little evidence coffee companies' sustainability efforts have impact: report

By Maytaal Angel LONDON (Reuters) - There is little evidence efforts by the world’s top coffee roasters and traders to prevent human rights and environmental abuses are having any impact, with most farmers operating at a loss and unable to produce sustainably, a major coffee report said on Thursday.
By Maytaal Angel
Reuters

Larger crop, lack of rupees curb Iran's record Indian sugar appetite

By Maytaal Angel, Rajendra Jadhav LONDON/MUMBAI (Reuters) - India will be unable to count on Iran, one of its most important sugar customers, for its upcoming export drive as an increase in Iranian production and Tehran’s shortage of rupees limit buying.
By Maytaal Angel
Reuters

Ivory Coast, Ghana cancel cocoa sustainability schemes run by Hershey

By Ange Aboa, Maytaal Angel ABIDJAN/LONDON (Reuters) - Ivory Coast and Ghana are cancelling all cocoa sustainability schemes that U.S.-based Hershey runs in their countries, accusing the chocolatemaker of trying to avoid paying a cocoa premium aimed at combating farmer poverty.
By Maytaal Angel
Reuters

Brazil swamps ICE coffee exchange, putting squeeze on small producers

By Maytaal Angel, Marcelo Teixeira LONDON/NEW YORK, (Reuters) - Brazil is tightening its grip on the global arabica coffee market as its beans surge into ICE Futures exchange warehouses for the first time, a move that could squeeze small producers out of the market and put pressure on benchmark prices.
By Maytaal Angel
Reuters

Polish abortion protests go global

WARSAW (Reuters) - Thousands of protesters in cities around the world have gathered over the past days in support of Poles who have taken to the streets after a court ruling further limited the country’s restrictive abortion laws. In the week since the Constitutional Tribunal announced the ruling, those expressing solidarity with Polish protesters in Oslo, London, Chicago, Glasgow, Brussels and elsewhere have gathered in front of Polish Embassies and in their city centres.
By Karolina Bohacova
Reuters

Exclusive: COVID-19, low prices push Peru coffee output down 10%

By Maytaal Angel, Marco Aquino LONDON/LIMA (Reuters) - Coffee output in Peru, the world’s fifth largest arabica coffee exporter, has tumbled 10% this year due to low prices and migrant labour shortages caused by the COVID-19 pandemic, the head of the country’s national coffee federation told Reuters.
By Maytaal Angel
Reuters

Protesters say localised lockdowns in Madrid discriminate against poor

MADRID (Reuters) - Protesters in some poorer areas of Madrid that are facing lockdown to stem a soaring COVID-19 infection rate took to the streets on Sunday to call for better health provisions, complaining of discrimination by the authorities. Madrid’s regional government on Friday ordered a lockdown from Monday in some of the poorer areas of the city and its outskirts that are home to about 850,000 people after a surge in coronavirus cases there. The lockdown measures predominantly apply to
By Julien Hennequin
Reuters

Exclusive: Pact to aid poor cocoa farmers in peril as COVID-19 hits demand

By Maytaal Angel, Ange Aboa LONDON/ABIDJAN (Reuters) - The steepest dive in cocoa demand in a decade has thrown into jeopardy a plan by top producers Ivory Coast and Ghana to guarantee some two million farmers a living wage, sources within the countries’ regulators said.
By Maytaal Angel
Reuters

Nissan bets on new Ariya electric SUV to symbolize its revamp, but sales plans modest

TOKYO/BEIJING (Reuters) - Nissan Motor Co on Wednesday unveiled the Ariya - an electric SUV and its first all-new global model in five years - hoping it will symbolize its road to recovery after more than a year of scandal and a precipitous decline into earnings losses. But initial sales plans for the Ariya are modest, people with knowledge of the matter told Reuters, an indication that the vehicle will do little to lift Nissan’s bottom line.
By Naomi Tajitsu
Reuters

Prepare for power, Spain's party leaders tell supporters as vote campaign ends

MADRID (Reuters) - The leaders of all of Spain’s main political parties invited their supporters on Friday night to prepare for power, as campaigning for one of the tightest national elections in decades drew to a close. No single party will get an overall majority in Sunday’s ballot, and opinion polls suggest all five leading contenders have a realistic chance of playing a role in government. Divisive and often ill-tempered, the election has been fought mainly on emotive topics - notably issu
By Sam Edwards
Reuters

Spain pulls far right Vox party from pre-election debate

MADRID (Reuters) - Spain’s election board blocked on Tuesday the far-right Vox party from participating in the only confirmed debate between leading contenders for the April 28 election. The ruling shows the complexity of Spain’s shift from decades of two-party rule to a fragmented political landscape where no one party looks set to win a majority and Vox has gone from relative obscurity to major force in less than a year. Vox has never won more than 5 percent of votes in national elections, b
By Sam Edwards
Reuters

Spanish prime minister agrees with Catalan leader on easing political tension

MADRID/BARCELONA (Reuters) - Spanish Prime Minister Pedro Sanchez and Catalan leader Quim Torra expressed a commitment to dialogue on Thursday in a symbolic joint declaration to ease tensions in the protracted crisis over Catalonia’s ambitions to split from Spain. The statement indicates a turning point in the conflict between Madrid and the northeastern region, opening the door for a political solution to a dispute which reached its summit last year with its unilateral declaration of independe
By Sam Edwards
Reuters

Japan wants manufacturing back from China, but breaking up supply chains is hard to do

TOKYO (Reuters) - When Japanese firm Iris Ohyama agreed in April to begin producing much-needed face masks in Japan, it marked a win for Prime Minister Shinzo Abe who wants to bring manufacturing back from China. Spooked by coronavirus-induced factory shutdowns in China, Abe’s government has earmarked $2 billion to help companies shift production home. The policy, part of a massive stimulus package to cope with the pandemic, has even been termed by some bureaucrats as a matter of national security.
By Naomi Tajitsu
Reuters

Imported novel coronavirus cases return to Spain despite border closure

MADRID (Reuters) - At least 25 imported cases of the coronavirus have been detected in Spain over the past month, health authorities said on Friday, despite a strict ban on foreign tourism imposed since mid-March. With more than 27,000 deaths and over 238,000 confirmed cases, according to the health ministry, Spain is among Europe’s worst-hit nations, though its rate of infection has slowed substantially. Thirty-nine people died during the past week compared with a daily death toll in the hund
By Julien Hennequin
Reuters