World Cocoa prices soared past $9,000 per ton for the first time in two decades, surpassing copper prices. The jump stems from a supply pinch as demand from chocolate makers rises. They scramble for cocoa beans. Cocoa futures jumped 50% this month, and the price has more than doubled this year. West Africa, the top […]
Related Posts
Millions Earned, Pennies Taxed in Brazilian Paradox
A recent study by the Institute of Applied Economic Research (Ipea) has revealed an unexpected trend in Brazil’s tax system. The research shows that the country’s wealthiest individuals often pay a lower tax rate than middle-income earners. This finding challenges the concept of a progressive tax system and raises questions about wealth distribution in Brazil. […]
F1’s New Season: Revved Up and Ready
The 2024 Formula 1 championship ignites on Saturday, March 2, starting with the thrilling Bahrain Grand Prix. This race, followed by the Saudi Arabia Grand Prix on March 9, uniquely aligns with Saturdays due to Ramadan observances. High hopes for a season with more fans and diversity, driven by social media and “Drive To Survive” […]