HOUSTON: Global coffee traders and roasters say they have slashed their purchases to minimal levels, as the industry reels from a steep surge in prices that suppliers have yet to convince retail stores to accept.
At the US National Coffee Association annual convention in Houston this week, attendees said they have been in shock at a 70 percent increase since November for Arabica coffee futures on the ICE exchange, the benchmark for coffee deals around the world.
Renan Chueiri, director general at ELCAFE C.A. in Ecuador, said this year is the first time the instant coffee maker hasn’t sold all of its expected annual production by March.
“We would usually be sold out by now, but so far we sold less than 30 percent of production,” he said. “The big price increase eats clients’ cash flow, they don’t have all the money to buy what they need.”
The coffee price hikes have stemmed from lower production in important coffee growing regions, particularly in top grower Brazil, reducing the availability of beans.
“Nobody wants to be exposed, nobody is buying for future delivery, it is all hand to mouth,” said one coffee broker, asking not to be identified due to the sensitivity of the issue.
By “hand to mouth,” he was referring to the practice of buying only what is necessary for the moment and eschewing stockpiling.
Many recent deals in Brazil, he said, have been conducted in a very conservative manner.
“You close a deal, and then you have seven days to go to the farm or warehouse and get your coffee. You check the quality, and if it is ok, you make the payment on the site and drive away with the coffee.”
A recent Reuters poll predicted that Arabica coffee prices could fall 30 percent by the end of the year, as high prices curb demand and early signs point to a bumper Brazilian crop next year.
But until prices drop significantly, much of the coffee industry could be in for a world of pain.
A chief executive of a major roaster in the United States — the world’s largest market for coffee consumption, said some of his clients are not sure they can continue to be in business.
“They don’t know if they will be able to sell their product at the new prices,” he said, also asking not to be identified. “Some people are going down.”
The CEO said supermarkets and grocery stores had been pushing back against the higher prices asked by roasters. Negotiations were taking a long time and some retail outlets were starting to be short of coffee on the shelves.
“It has been a nightmare,” he added.
Coffee warehouses close to ports in the US, which receive beans coming from Central and South America, currently have half their normal volumes, said an executive for one of the largest companies in the storage sector.
“Some storing companies are returning silos to the owners, canceling leasing contracts early,” he said.
Michael Von Luehrte, owner of broker MVLcoffee, said the coffee market, particularly on the trading side, could see consolidation.
Companies with more capital will be able to increase trading volumes, while others will suffer with reduced financing, he added.
Commodities trader Louis Dreyfus said in a presentation during the conference that the coffee planted area has been expanding in reaction to the higher prices.
Expansion has happened in countries such as India, Uganda, Ethiopia and Brazil. The company believes that if Brazil manages to have one big crop, then that in combination with the new planted areas could lead to a collapse in prices.
Global coffee trade grinding to a halt, hit hard by brutal prices hikes
https://arab.news/vvk8q
Global coffee trade grinding to a halt, hit hard by brutal prices hikes
- Arabica coffee futures have surged 70 percent since November
- Traders and roasters making minimal purchases
Bee alert: US police warn after 250 million insects escape
- Roads in the region, which nestles the border with Canada and is just 30 miles from Vancouver, have been closed as bee experts help with the clean-up
LOS ANGELES, United States: A truck crash that set 250 million bees free has sparked warnings in the western US, with police telling people to avoid swarms of the stinging insects.
The accident happened in Washington state in the far northwest of the country, when a semi trailer carrying a load of hives overturned.
“250 million bees are now loose,” wrote Whatcom County Sheriff on its social media page.
“AVOID THE AREA due to the potential of bee escaping and swarming.”
Roads in the region, which nestles the border with Canada and is just 30 miles from Vancouver, have been closed as bee experts help with the clean-up.
While some beekeepers aim only to produce honey, many others rent out their hives to farmers who need the insects to pollinate their crops.
In Marseille, a shadow becomes art in Banksy’s latest street mural
- On Friday, the elusive British street artist confirmed the work by posting two images on his official Instagram account
MARSEILLE, France: The lighthouse appeared overnight. Painted on a wall tucked away in a quiet Marseille street, its beam aligned perfectly with the real-life shadow of a metal post on the pavement. At its center, stenciled in crisp white, are the words: “I want to be what you saw in me.”
Banksy had struck again.
On Friday, the elusive British street artist confirmed the work by posting two images on his official Instagram account — without caption or coordinates. Fans quickly identified the location as 1 Rue Félix Frégier, in the Catalans district of Marseille’s 7th arrondissement, near the sea.
Since then, crowds have gathered at the site. Tourists snap photos. Children point. Locals who usually walk past the building stop to take a closer look.
There is no official explanation for the phrase. But its emotional pull is unmistakable — a quiet plea for recognition, love or redemption. Some speculate it references a country ballad by Lonestar. Others call it a love letter. Or a lament. Or both.
The image is deceptively simple: a lone lighthouse, dark and weathered, casting a stark white beam. But what gives it power is the way it plays with light — the real and the painted, the seen and the imagined. The post in front of the wall becomes part of the piece. Reality becomes the frame.
Marseille’s mayor, Benoît Payan, was quick to react online. “Marseille x Banksy,” he wrote, adding a flame emoji. By midday, the hashtag #BanksyMarseille was trending across France, and beyond.
Though often political, Banksy’s art is just as often personal, exploring themes of loss, longing and identity. In recent years, his works have appeared on war-ravaged buildings in Ukraine, in support of migrants crossing the Mediterranean and on walls condemning capitalism, Brexit, and police brutality.
The artist, who has never confirmed his full identity, began his career spray-painting buildings in Bristol, England, and has become one of the world’s best-known artists. His mischievous and often satirical images include two male police officers kissing, armed riot police with yellow smiley faces and a chimpanzee with a sign bearing the words, “Laugh now, but one day I’ll be in charge.”
His work has sold for millions of dollars at auction, and past murals on outdoor sites have often been stolen or removed by building owners soon after going up. In December 2023, after Banksy stenciled military drones on a stop sign in south London, a man was photographed taking down the sign with bolt cutters. Police later arrested two men on suspicion of theft and criminal damage.
In March 2024, an environmentally themed work on a wall beside a tree in north London was splashed with paint, covered with plastic sheeting and fenced off within days of being created.
Despite the fame — or infamy — at least in Marseille, not everyone walking past noticed it. Some didn’t even know who Banksy was, according to the local press.
On Instagram observers say this Marseille piece feels quieter. More interior.
And yet, it is no less global. The work arrives just ahead of a major Banksy retrospective opening June 14 at the Museum of Art in nearby Toulon featuring 80 works, including rare originals. Another exhibit opens Saturday in Montpellier.
But the Marseille mural wasn’t meant for a museum. It lives in the street, exposed to weather, footsteps and time. As of Friday evening, no barriers had been erected. No glass shield installed. Just a shadow, a beam and a message that’s already circling the world.
Russell Brand pleads not guilty to charges of rape and sexual assault in London court
- Brand denied two counts of rape, two counts of sexual assault and one count of indecent assault
- He said “not guilty” after each charge was read in Southwark Crown Court
LONDON: Actor and comedian Russell Brand pleaded not guilty in a London court Friday to rape and sexual assault charges involving four women dating back more than 25 years.
Brand, who turns 50 next week, denied two counts of rape, two counts of sexual assault and one count of indecent assault. He said “not guilty” after each charge was read in Southwark Crown Court.
His trial was scheduled for June 3, 2026 and is expected to last four to five weeks.
Prosecutors said that the offenses took place between 1999 and 2005 — one in the English seaside town of Bournemouth and the other three in London.
Brand didn’t speak to reporters as he arrived at court wearing dark sunglasses, a suit jacket, a black collared shirt open below his chest and black jeans. In his right hand, he clutched a copy of the “The Valley of Vision,” a collection of Puritan prayers.
The “Get Him To The Greek” actor known for risqué stand-up routines, battles with drugs and alcohol, has dropped out of the mainstream media in recent years and built a large following online with videos mixing wellness and conspiracy theories, as well as discussing religion.
On a five-minute prayer video he posted Monday on social media, Brand wrote: “Jesus, thank you for saving my life.”
When the charges were announced last month, he said that he welcomed the opportunity to prove his innocence.
“I was a fool before I lived in the light of the Lord,” he said in a social media video. “I was a drug addict, a sex addict and an imbecile. But what I never was a rapist. I’ve never engaged in nonconsensual activity. I pray that you can see that by looking in my eyes.”
Brand is accused of raping a woman at a hotel room in Bournemouth when she attended a 1999 Labour Party conference and met him at an event where he was performing. The woman alleged that Brand stripped while she was in the bathroom and when she returned to the room he pushed her on the bed, removed her clothes and raped her.
A second woman said that Brand grabbed her forearm and attempted to drag her into a men’s toilet at a television station in London in 2001.
The third accuser was a television employee who met Brand at a birthday party in a bar in 2004, where he allegedly grabbed her breasts before pulling her into a toilet and forcing himself on her.
The final accuser worked at a radio station and met Brand while he was working on a spin-off of the “Big Brother” reality television program between 2004 and 2005. She said Brand grabbed her by the face with both hands, pushed her against a wall and kissed her before groping her breasts and buttocks.
The Associated Press doesn’t name victims of alleged sexual violence, and British law protects their identity from the media for life.
Tate brothers will return to UK to face charges after Romanian legal proceedings, lawyers say
LONDON: Internet personality Andrew Tate and his brother Tristan will return to Britain to face criminal charges once separate legal proceedings in Romania have been concluded, a lawyer for the siblings said.
Britain’s Crown Prosecution Service confirmed earlier this week that it had previously authorized charges against the brothers including rape, actual bodily harm and human trafficking.
The Tates are facing a separate criminal investigation in Romania over trafficking allegations, and the courts there have already approved their extradition to the UK.
The brothers have denied all the allegations.
“Once those proceedings are concluded in their entirety then The Tates will return to face UK allegations,” Holborn Adams, the law firm representing the brothers, said in a statement on Thursday.
Andrew Tate, a self-described misogynist who has gained millions of fans by promoting an ultra-masculine lifestyle, separately faces a civil lawsuit in Britain, which has been brought by four women and is due to go to trial in 2027.
Ex-assistant testifies Sean ‘Diddy’ Combs sexually assaulted her and used violence to get his way
- “I was going to die with this. I didn’t want anyone to know ever.”
NEW YORK: Sean “Diddy” Combs ‘ former personal assistant testified Thursday that the hip-hop mogul sexually assaulted her, threw her into a swimming pool, dumped a bucket of ice on her and slammed a door against her arm during a torturous eight-year tenure.
The woman, testifying at Combs’ sex trafficking trial under the pseudonym “Mia,” said Combs put his hand up her dress and forcibly kissed her at his 40th birthday party in 2009, forced her to perform oral sex while she helped him pack for a trip and raped her in guest quarters at his Los Angeles home in 2010 after climbing into her bed.
“I couldn’t tell him ‘no’ about anything,” Mia said, telling jurors she felt “terrified and confused and ashamed and scared” when Combs raped her. The assaults, she said, were unpredictable: “always random, sporadic, so oddly spaced out where I would think they would never happen again.”
If she hadn’t been called to testify, Mia said, “I was going to die with this. I didn’t want anyone to know ever.”
Speaking slowly and haltingly, Mia portrayed Combs as a controlling taskmaster who put his desires above the wellbeing of staff and loved ones. She said Combs berated her for mistakes, even ones other employees made, and piled on so many tasks she didn’t sleep for days.
“It was chaotic. It was toxic,” said Mia, who worked for Combs from 2009 to 2017, including a stint as an executive at his film studio. “It could be exciting. The highs were really high and the lows were really low.”
Asked what determined how her days would unfold, Mia said: “Puff’s mood,” using one of his many nicknames.
Mia said employees were always on edge because Combs’ mood could change “in a split second” causing everything to go from “happy to chaotic.” She said Combs once threw a computer at her when he couldn’t get a Wi-Fi connection.
Her testimony echoed that of Combs’ other personal assistants and his longtime girlfriend Cassie, who said he was demanding, mercurial and prone to violence. She is the second of three women testifying that Combs sexually abused them.
Cassie, an R&B singer whose legal name is Casandra Ventura, testified for four days during the trial’s first week, telling jurors Combs subjected her to hundreds of “freak-offs” — drug-fueled marathons in which she said she engaged in sex acts with male sex workers while Combs watched, filmed and coached them.
A third woman, “Jane,” is expected to testify about participating in freak-offs. Judge Arun Subramanian has permitted some of Combs’ sexual abuse accusers to testify under pseudonyms for their privacy and safety.
The Associated Press does not identify people who say they’re victims of sexual abuse unless they choose to make their names public, as Cassie has done.
Combs, 55, has pleaded not guilty to sex trafficking and racketeering charges. His lawyers concede he could be violent, but he denies using threats or his clout to commit abuse.
Mia testified that she saw Combs beat Cassie numerous times, detailing a brutal assault at Cassie’s Los Angeles home in 2013 that the singer and her longtime stylist Deonte Nash also recounted in their testimony. Mia said she was terrified Combs was going to kill them all, describing the melee as “a little tornado.”
The witness recalled jumping on Combs’ back in an attempt to stop him from hurting Nash and Cassie. Mia said Combs threw her into a wall and slammed Cassie’s head into a bed corner, causing a deep, bloody gash on the singer’s forehead. Other times, she said, Combs’ abuse caused Cassie black eyes and fat lips.
Mia said Combs sometimes had her working for up to five days at a time without rest as he hopped from city to city for club appearances and other engagements, and she started relying on her ADHD medication, the stimulant Adderall, as a sleep substitute.
Combs, with residences in Miami, Los Angeles and the New York area, let Mia and other employees stay in his guest houses — but she wasn’t allowed to leave without his permission and couldn’t lock the doors, she testified.
“This is my house. No one locks my doors,” Combs said, according to Mia.
Mia didn’t appear to make eye contact with Combs, who sat back in his chair and looked forward, sometimes with his hands folded in front him, as she testified. Occasionally, he leaned over to speak with one of his lawyers or donned glasses to read exhibits. Mia kept her head down as she left the courtroom for breaks.
She testified that she remains friends with Cassie.
