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But the figure of former President Jacob Zuma and his new political party uMkhonto – or simply “MK” – provoked more reaction. Jerome Delay/APMoreover, according to Herman, pro-Zuma conspiracy theories and propaganda, some with Russian fingerprints, had been flooding South African social media in the lead-up to the election. And even as Zuma takes pages from Trump’s playbook, South Africans may be telling a different narrative. Facing pressure, Zuma resigned as South African president in 2018. Though some South Africans still admire the US’ capitalist spirit, I find that the South African friends who visit me in the US don’t always feel at ease anymore.
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California orange farmer talks increasing cost of orange juice
  + stars: | 2024-05-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCalifornia orange farmer talks increasing cost of orange juiceHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Brian Sullivan, Organizations: CNBC
Orange juice manufacturers face a supply crisis and are considering alternative fruits. Brazil and Florida's orange supplies are declining due to disease and poor weather conditions. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. A report from Fundecitrus and CitrusBR said that the climate crisis and a citrus disease known as greening have caused Brazilian orange farmers to harvest their smallest crop in decades. Brazil is the world's largest orange juice producer and exporter.
Persons: CitrusBR Organizations: Service, Business Locations: Brazil, Fundecitrus, Sao Paulo, Minas Gerais
Orange juice prices have soared 30% year-to-date to record highs after recent hurricanes hampered production. And over the past year, futures contracts that are tied to orange juice concentrate have nearly doubled. The US Department of Agriculture expects this year's orange production to fall to its lowest haul since the 1930s. Orange juice futures are up 87% from a year ago, when they traded at about $1.40 per pound. Florida orange production has plummeted more than 90% from the peak seen in the late 1990s.
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