According to documents sent by the American coffee brand Maxwell House to its suppliers obtained by Reuters,Maxwell House has lost hope in the tariff plan announced by the United S…
Category: Blog
Fitch Maintains Ethiopia's Sovereign Credit Rating at C
Fitch, the world's third - largest rating agency, released a credit rating report on Ethiopia, maintaining Ethiopia's "Selective Default" rating of C for its long - term foreign - …
Four Coffee farms in Brazil Using Forced Labor, Listed on Blacklist by Brazilian Labor Ministry
The Brazilian Ministry of Labor and Employment (MTE) recently updated its list of slave - labor employers. Four coffee producers of Cooxupe, the world's largest Arabica coffee coop…
The Ethiopian currency, the Birr, has depreciated by 50%
Over the past week, central bank governors from various countries have been in Washington, D.C. to attend the Spring Meetings of the World Bank and the International Monetary Fund.…
Former Brazilian President Fernando Collor Arrested
Local time on Thursday, the Brazilian Supreme Federal Court issued an arrest warrant for former President Fernando Collor. On Friday morning, the Brazilian police arrested the 75 -…
Ethiopia Allows Foreigners to Enter the Real Estate Market
Ethiopia is formulating a new law that will allow foreigners to own houses, land and enter the real estate market. This represents a significant policy shift in Ethiopia to attract…
EU Deforestation Regulation Set to Take Effect, African Coffee Farmers Face Hurdles
The EU has repeatedly postponed the implementation date of the EU Deforestation Regulation (EUDR). However, for many coffee - growing regions in Africa, the remaining time may stil…
South Sudan's Armed Forces Invade Ethiopia
According to media reports focusing on Ethiopia, recently, an armed force of unknown origin from South Sudan entered the Lare district in Gambella Region of southwestern Ethiopia. …
Breaking! Fernando Collor, Former President of Brazil, Arrested
On Thursday local time, the Supreme Federal Court of Brazil issued an arrest warrant for former President Fernando Collor. On Friday morning, the Brazilian police arrested the 75 -…
Tariffs Cause Coffee Bean Prices to Rise, and Small and Medium-Sized Coffee Roasters Raise Prices in Response
The ever-changing policies have brought more uncertainties to coffee roasters in the United States. Their president decided to postpone the imposition of tariffs on foreign importe…