Coffeegeddon

Coffee prices have surged 300% over two years and are expected to continue rising due to climate issues affecting key producers, financial speculation, trade blockages, and tariffs in the U.S. Additionally, new EU regulations may increase costs. Major Italian coffee companies are likely to raise prices further to cope with margin erosion.

Emergency Food Supply Measures Signal Bleak Future

Japan has enacted a "food supply emergency measures law" to address rising food costs and supply shortages, allowing the government to direct food producers in response to production declines. This follows significant rice price increases and reflects broader concerns about food security amid climate change and geopolitical instability. Other countries are also urging preparedness for potential food crises.