BBC News | BUSINESS | Coffee farmers 'face destitution' (#)
„The report comes ahead of the first World Coffee Conference, a three-day gathering of leading figures in the industry in London, which begins on Thursday. Oxfam fails to address the fundamental economics of the coffee market in the long term British Coffee Association Oxfam is concerned at the growing disparity of wealth between different parts of the coffee industry, following a 60% drop in the value of the crop on international commodity markets in the last three years. The British Coffee Association has dismissed the report's findings at "too short term." Rich versus poor Oxfam says that, in real terms, coffee prices are lower than they have ever been. Click here to see the biggest coffee producing countries This, it says, is having devastating consequences for poor farmers in coffee growing countries.“
http://news.bbc.co.uk/hi/english/business/newsid_1333000/ 1333204.stm - Cached
See Technorati for links to this site, see Alexa for related sites and search this website for ›Coffee Market‹.
„It is trying to raise £3.25m ($5m) by offering shares to the public in London but, as the company itself says, this is no ordinary issue of shares. Traidcraft intends to provide investors with financial returns. But it says the principal return for shareholders will be the knowledge that they are helping poor producers and their communities to fight poverty. Paying a dividend "We want people to invest, not because they think they're going to make a lot of money out of us but because of what we can do for the sake of poor people," says Traidcraft's chief executive Paul Chandler.“
http://news.bbc.co.uk/2/low/business/ 2264066.stm
-
Cached
„The campaign comes a week before the International Coffee Organisation (ICO) is due to meet and discuss ways to solve the crisis. Big four drinkers Oxfam is attacking what it calls the "big four" coffee companies - Kraft, Sara Lee, Procter & Gamble and Nestle - which it says buy nearly half the world's coffee crop between them.“
http://news.bbc.co.uk/2/hi/business/2264727.stm
-
Cached
„See also: 22 Aug 01 | Americas Brazil abandons coffee retention plan 16 May 01 | Business Coffee farmers'face destitution' 19 Jun 01 | Americas Coffee producers move to boost prices 17 May 01 | Sci/Tech GM coffee'threatens farmers' 03 May 01 | Business Why cheap beans don't make cheap coffee 12 Apr 01 | Africa Mali's children in chocolate slavery Internet links: International Coffee OrganisationFair TradeAssociation of Coffee Producing CountriesCafe Direct The BBC is not responsible for the content of external internet sites Top Business stories now: WorldCom chiefs refuse to testify Buoyant eBay snaps up bills firm Digital TV woes hit Pace profits Bush vows action after scandals Merck'exaggerated' revenue in accounts Congress pushes accounting reform Oil trade thaws US-Russian ties HIV: the drug firms' quest for a cure Links to more Business stories are at the foot of the page.“
http://news.bbc.co.uk/hi/english/business/newsid_1488000/ 1488758.stm
-
Cached
„London coffee futures jumped by 5%, hitting a two-year high of $743 a tonne. But it will take a more sustained rally to bail out Vietnam's economy, which has suffered from its growing reliance on the crop. The country earned some $260m from coffee in 2001-02, just over one-third as much as it brought in four years earlier.“
http://news.bbc.co.uk/2/hi/business/2361675.stm
-
Cached
„1600-1800s For 200 years East India sailing ships returning from China brought regular supplies. Although the steam ships bringing teas from India, Ceylon and Africa frequently berthed further down river, their cargoes would be brought up as far as London Bridge in the Clipper ships during the 1880's by barges. This area became the centre of the UK tea trade. The London tea trade has conducted the business of unloading ships, marketing and blending on both sides of the Thames at London Bridge and although the tea auctions were held north of the river, the South Bank boasted the most prestigious warehousing facilities.“
http://www.bbc.co.uk/london/whereyoulive/ originteacoffee.shtml
-
Cached
Archived in Coffee Market, Coffee Industry





