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Coffee Lovers, Take Note: Lavazza Sounds Alarm, Suggest It May Be Time To Stock Up
Coffee Lovers, Take Note: Lavazza Sounds Alarm, Suggest It May Be Time To Stock Up
Following the largest daily surge in Arabica coffee futures since the Dot-Com bubble, the head of Italian coffee giant Lavazza Group warned that prices are unlikely to fall over the next two years.
Giuseppe Lavazza, chairman of the Italian roaster, was quoted by Bloomberg as saying, "The market needs to have stability before it's time to think about a reduction of prices."
Lavazza explained that it will take two harvests and a massive rebuilding phase to replenish...
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May 12, 2026 / Tyler Durden
"Neither Credible Nor Attractive": eBay Rejects GameStop's Takeover Bid
"Neither Credible Nor Attractive": eBay Rejects GameStop's Takeover Bid
eBay's board released a statement on Tuesday morning, rejecting GameStop CEO Ryan Cohen's unsolicited, non-binding acquisition proposal, calling it "neither credible nor attractive."
"We have concluded that your proposal is neither credible nor attractive," Paul S. Pressler, eBay's chairman of the board of directors, wrote in a statement.
Pressler cited concerns over GameStop's financing, the risks of a combined business, leadership and governance questions, and the potential impact on eBay's valuation and long-term growth.
Pressler laid out the concerns:
eBay's standalone prospects,
the uncertainty regarding your...
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Jan 18, 2023 / Patrick Barron
How Can We Restore Freedom and Sound Money in the US and the UK? Some Ideas
The purpose of this essay is not to convince the reader of the necessity for change. It is to present some commonsense policy changes to attempt to mitigate the economic harm that has been done to Western economies, especially to the United States and the United Kingdom, since the end of World War II. Please watch Godfrey Bloom and Alasdair Macleod’s recent interview with Sonia Poulton.
The video describes the current financial and reputational weaknesses of the West. For a more in-depth analysis of the financial threat to the West, please read any of Alasdair Macleod’s weekly essays from the past few months.
In the Poulton interview, Macleod ably describes the financial implications of the West’s deindustrialization policies and currency debasement. Bloom describes the reputational damage stemming from the West’s “sanctions” against Russia plus the consequences of deindustrialization due to the foolish pursuit of a Green New Deal.
May 20, 2026 / Tyler Durden
Iran Warns Will Take War 'Beyond The Region' If Trump Restarts Attacks
Iran Warns Will Take War 'Beyond The Region' If Trump Restarts Attacks
Ali Vaez, director of the Iran Project at the International Crisis Group, has summed up where things stand: "Since the ceasefire came into effect, both Washington and Tehran appear to be operating under the illusion that time is on their side," he said. "Each seems to believe that the blockade and counter-blockade in the Strait of Hormuz impose greater costs on the other, while offering a breathing space to regroup for a possible resumption of hostilities," Vaez told...
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