Cocoa prices in London and New York have soared to historic highs, fueled by strong demand, supply issues, and bad weather in key production areas. On October 17, 2023, London’s Intercontinental Exchange ICE listed the March cocoa contract at a record-breaking 3,155 pounds per ton, the highest since 1920. Rising prices result from investor activity […]
Related Posts
Ghana’s Path to Economic Recovery Through Debt Restructuring
Ghana reached an agreement with bondholders, marking a significant step toward debt relief and economic recovery. Bondholders agreed to a 37% haircut on the principal amount, translating to approximately $4.7 billion in losses. This agreement addresses Ghana’s $13 billion external debt burden. This deal follows successful negotiations with official creditors, including China and France, to […]
Presidential aspirant affirms that justice in Mexico “is sold to the highest bidder”
Presidential candidate Adán Augusto López, at a recent event in Monterrey, asserted the need for judicial reform in Mexico. He emphasized that the current system disproportionately benefits the wealthy, arguing that financial resources often determine access to justice. López warned that without changes, the judiciary may appear more like a marketplace than a court of […]
