Yunnan: Coffee Crisis As Nescafe Bid Hits Five Year Low

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Kang Xiaxiao of the Morning Whistle reports that "Nestle provided a purchase price of 17.9 yuan per kilo for coffee beans produced in Yunnan over the 2012 to 2013 purchasing season on Nov. 20, which is the lowest bid in the past five years." That's about $1.30 a pound, which according to Xiaxiao, "is very close to the break-even point for coffee … [Read more...]

Godawful Gaddafi And The Nescafe Auto-De-Fé

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Muammar al-Gaddafi, soon to be deposed dictator of Libya and he-whose-name-is-spelled-a-thousand-ways, has lashed out a number of targets for the revolution in Libya. These include Osama Bin Laden, Barack Obama, the nation of Israel, and...Nescafe? "Bin Laden ... this is the enemy who is manipulating people. You people of Zawiyah, stop your … [Read more...]