* A steep drop in arabica coffee futures this year is souring prospects for the next harvest of some of the world's most coveted beans.
Coffee producers from verdant highlands of the Andes to Mexico -- where much of the world's gourmet beans are grown --say low prices mean they will have less to invest in their high-maintenance plants. This is poised to lead to smaller, lower-quality crops and higher coffee prices later this year.
* Pakistan may have to return to the International Monetary Fund for financial assistance this year amid an unstable macroeconomic situation, the nation's central bank governor said on Monday.
- Link this
- Share this
- Digg this
- Email
- Reprints
0 comments:
Post a Comment