Coffee prices remain high despite April dip. Coffee softened slightly in April after hitting record nominal highs. Arabica reached $9/kg in February-March, while Robusta approached $6/kg. In 2025Q1 (q/q), Arabica surged 26 percent (q/q)—almost doubling year-on-year—while Robusta rose 12 percent, marking a two-thirds increase over 2024 levels. Global production rose to 170 million bags in 2023-24 […]
The policies of the Trump administration have put the research environment in the United States under pressure. Public research funding cuts, hostility towards academic freedom, climate science denial and the detaining or exclusion of foreign researchers have unsettled the scientific community in the US. Researchers question the US’s traditional role as a safe haven for […]
Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June on Saturday, due to modest compliance from Kazakhstan, lower-than-expected OECD inventories, and Saudi Arabia’s ability to handle lower oil prices. The Wall Street bank expects the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to announce a […]
Oil prices were up slightly on Friday, after rising about 3% in the previous session, as trade tensions between top oil consumers U.S. and China showed signs of easing and Britain announced a “breakthrough” trade deal with the United States. Brent crude rose 23 cents, or 0.37%, to $63.07 a barrel while U.S. West Texas […]
Amazon’s cloud computing division will invest $4 billion to build its first data centers and other cloud infrastructure in Chile, the company’s head of South Latin America told Reuters. Amazon Web Services (AWS) expects the cloud region, its third in Latin America after Brazil and Mexico, to be operational by the second half of 2026. […]
Dubai’s Emirates airline on Thursday reported a record full-year profit, boosted by strong international travel demand on major routes. The results underscore a sustained rebound in global air travel, with Emirates benefiting from a surge in demand across Asia, Europe and the Middle East. The airline, among the world’s largest by international capacity, has added […]
