April 24, 2024

Cocoa powder has risen in price to $ 10,000 due to a shortage, which leads to a steady increase in prices

Futures prices have more than doubled this year, reaching an all-time high, as crop failures among key West African producers have led to a supply shortage in the world for the third year in a row. The market is struggling with the effects of low profits paid to cocoa farmers, and fears are growing that >>>

March 23, 2024

The EU’s Covid-19 Recovery Fund Did Not Work as Expected

Three years have passed since the activation of the European Union’s post-coronavirus pandemic recovery fund. The multi-year budget, worth $897 billion or 5.2% of the bloc’s GDP in 2022, is financed through EU debt. Funds are still being disbursed, making it difficult to measure the economic effect. Experts also have not reached a consensus on the fund’s intended purpose. >>>

March 22, 2024

“A Long and Tiring Journey”: Companies Disappointed by China’s Prospects

Reuters reports that some of the world’s leading companies in the food, beverages, and food technology sectors have expressed pessimism regarding demand in China. This amplifies investor concerns about the damage inflicted on firms operating in the country. Disheartening remarks were made by Starbucks, Pandora, Carlsberg ahead of the Chinese New Year—a typically intense period >>>

March 21, 2024

The UN reports: The economies of two major countries, the USA and China, are expected to see a slowdown in growth

The outcomes of 2023 demonstrated that the economy, despite all negative factors, showed its resilience and avoided the worst-case scenario—a recession. However, amid decreasing investment levels, trade slowdown, and other risks, economic growth is expected to decelerate in the next two years. From the UN report on the USA:“A prolonged period of high interest rates >>>

March 20, 2024

For the first time in two decades, US buys more from Mexico than China

At the height of the pandemic, when global supply chains were disrupted and shipping costs soared almost twenty times, they saw this as an opportunity. In 2021, there was a request to establish links with companies that want to move production from China to Mexico. One of these turned out to be Hisun, a manufacturer >>>

February 27, 2024

Market Analysis:

Impact of Artificial Intelligence The world definitely feels that this year is a leap year  Andrey Syrchin, along with the entire Cresco Capital team, is closely monitoring the events in the finance sector. He has analyzed the events affecting the market and shared his insights! The market began to grow on the “hype of artificial >>>