Financial Times (March 27)
“The price of cocoa surged past $10,000 a tonne for the first time on Tuesday, as a dizzying rise in prices caused by poor harvests in Africa accelerates. Cocoa futures traded as high as $10,080 in New York, more than double their price only two months ago, as traders warned a global shortage of cocoa beans would herald higher price tags for chocolate bars.”
Tags: Africa, Chocolate bars, Cocoa, Dizzying, Double, Futures, Higher, New York, Poor harvests, Price, Shortage, Surged, Traders
Tampa Bay Times (February 9)
The latest Omicron wave “isn’t receding as quickly as hoped” based on the symmetry of past waves. “By now cases should have fallen to fewer than 5,000 cases a day. Instead, Florida’s daily average was nearly 18,000 cases on Sunday…nearly 270 percent higher than expected had the wave been perfectly symmetrical.” Omicron’s lingering success appears linked to “an abundance of mutations that made the variant about 2.7 to 3. 7 times more infectious than the delta variant in vaccinated households.”
Tags: 000 cases, 18, Delta, Expected, Florida, Higher, Infectious, Lingering, Mutations, Omicron, Receding, Symmetry, Variant, Wave, Waves
Bloomberg (February 26)
“After weeks of grumbling, the world’s biggest bond market spoke loud and clear Thursday — growth and inflation are moving higher. The message wreaked havoc across risk assets…. Speculation is building that a year of emergency stimulus is not only working, but has left some areas of the economy at risk of one day overheating.”
Tags: Bond market, Economy, Emergency stimulus, Growth, Grumbling, Havoc, Higher, Inflation, Overheating, Risk assets, Speculation
