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Despite the fact that food is a big climate problem, very little has been done so far to address it. Here are some details about the sources of emissions from the food and agriculture sector:HOW MUCH DOES OUR FOOD EMIT? Global food systems accounted for 17 billion metric tonnes of carbon dioxide equivalent or 31% of human-made greenhouse gas emissions in 2019, according to the United Nations' Food and Agriculture Organization (FAO). That wasted food - including the energy used to produce and transport it, spoilage along the way and the food thrown out after rotting in household fridges - generates half of all global food system emissions, according to a March study published in the journal Nature Food. Food waste makes up about 25% of municipal solid waste in landfills in the United States, according to a recent study by the Environmental Protection Agency.

Persons: Brittany Hosea, Leah Douglas, Josie Kao Organizations: REUTERS, mets, United Nations, Food, Agriculture Organization, FAO, Environmental Protection Agency, Thomson Locations: Vernalis , California, U.S, Dubai, Brazil, United States

☆ Don’t get sick from salmonella this holiday season
▼ + stars: | 2023-12-01 | by ( Lisa Drayer | ) edition.cnn.com time to read: +11 min

Martin Wiedmann: Salmonella is a microorganism that is very small. You might ingest salmonella 100 times, and 99% of the time you are fine, but then one time you get sick. Wiedmann: Raw cookie dough represents a risk for salmonella, even if you have eaten raw cookie dough in the past without getting sick. Best ways to avoid getting infected with salmonellaTo limit your chances of salmonella infection, cook raw meat and poultry properly. If a spatula touches raw meat on a grill for example, that spatula can also be a source of salmonella.

Persons: Martin Wiedmann, Martin, miodrag ignjatovic, Will, cantaloupe, ” Wiedmann, Lisa Drayer Organizations: CNN, Cornell University, New York, New York State Integrated Food Safety Center of Excellence, salmonella, Centers for Disease Control, CDC, “, Food and Drug Administration, US Department of Agriculture Locations: Ithaca , New York, New York State, United States

MOUNTAIN VIEW, California (AP) — From underwater drones to electronic warfare, the U.S. is expanding its high-tech military cooperation with Australia and the United Kingdom as part of a broader effort to counter China’s rapidly growing influence in the Indo-Pacific. Defense Secretary Lloyd Austin met with defense chiefs from Australia and the United Kingdom at the U.S. military’s defense technology hub in Silicon Valley on Friday to forge a new agreement to increase technology cooperation and information sharing. The three nations have laid out plans for the so-called AUKUS partnership to help equip Australia with a fleet of eight nuclear-powered submarines. AUKUS is an acronym for Australia, the United Kingdom and the United States. He added that as an island nation, Australia has a need for improved maritime drones and precision strike capabilities.

Persons: Lloyd Austin, ” Austin, Richard Marles, Grant Shapps, Austin, Marles, Shapps, we’ve, aren’t, Adam Bry, Alex Horn, Horn Organizations: Pacific . Defense, Australian Defense, Defense Innovation Unit, Britain, U.S, Australian Navy, Solomon Islands, warfighters, Air Force, Morris Air National Guard Base Locations: California, U.S, Australia, United Kingdom, Silicon Valley, United States, Virginia, Adelaide, China, Pacific, South China, Beijing, Solomon, Taiwan, DIU, Arizona

☆ Brazilian state launches mandatory tracking of cattle to stop deforestation
▼ + stars: | 2023-12-01 | by ( Ana Mano | ) www.reuters.com time to read: +2 min

[1/2] A herd of cattle is seen at the Marupiara ranch in the city of Tailandia in the state of Para, Brazil March 17, 2020. The state government established the program in a decree published on Monday and sets the target of individual tracking of all 24 million cattle in Para by December 2026. Cattle ranching in Brazil is linked to nearly 24% of global annual tropical deforestation and approximately 10% of total global greenhouse gas emissions, the conservancy said. Para has Brazil's second biggest cattle herd behind the west-central state of Mato Grosso, according to government data. "The absence of full traceability in Para undermined their ability to attract legitimate investment into this sector."

Persons: Pilar Olivares, Helder Barbalho, Jack Hurd, Ana Mano, Jake Spring, Jonathan Oatis Organizations: REUTERS, SAO PAULO, Nature Conservancy, conservancy, Para, Integrity, Tropical, Alliance, Thomson Locations: Tailandia, Para, Brazil, Mato Grosso, France, Spain, Norway, COP28

☆ I drove Nevada's Extraterrestrial Highway. No one got abducted, but it was one of the strangest experiences of my life.
▼ + stars: | 2023-11-30 | by ( Agnes Groonwald | ) www.businessinsider.com time to read: +7 min

So when I heard we'd be within a short drive of Nevada's Extraterrestrial Highway on a recent trip through the state, visiting was a no-brainer. The 98 miles of Nevada's State Route 375 have been known as the Extraterrestrial Highway since an official name change by the state's tourism commission in 1996. For many, this box marks the best way to reach any aliens that have taken the Extraterrestrial Highway for a whirl. We spent time in Rachel, Nevada, which was filled with odditiesRachel, Nevada, is the closest town to Area 51. The end of our adventure came at the second Extraterrestrial Highway sign at the fork with US Route 6.

Persons: —, I'm, we'd, Agnes Groonwald, Jack, Rachel, A'Le'Inn, Burger, hadn't Organizations: Service, Research, Mount, General Locations: Nevada, Rachel , Nevada, Nevada's, Hiko , Nevada, Las Vegas, , Nevada, Crystal Springs, Crystal, E.T, Rachel, Tonopah , Nevada, America

☆ UN Security Council Due to Vote on Lifting Arms Embargo on Somalia
▼ + stars: | 2023-11-30 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

By Michelle Nichols and Giulia ParaviciniUNITED NATIONS/NAIROBI (Reuters) - The United Nations Security Council is due to vote on Friday to remove the final restrictions on weapons deliveries to Somalia's government and its security forces, diplomats said, more than 30 years after an arms embargo was first imposed on the country. The 15-member body is due to adopt two British-drafted resolutions on Friday, diplomats said - one to remove the full arms embargo on Somalia and another to reimpose an arms embargo on Al Qaeda-linked Al Shabaab militants. One of the draft resolutions spells out that "for the avoidance of doubt, that there is no arms embargo on the Government of the Federal Republic of Somalia." Somalia's government had long asked for the arms embargo to be removed so it could beef up its forces to take on the militants. The Security Council began to partially start lifting measures Somalia's security forces in 2013.

Persons: Michelle Nichols, Giulia Paravicini, Mohamed Siad Barre, Al Shabaab, Hassan Sheikh Mohamud, al, Grant McCool Organizations: Giulia Paravicini UNITED, United Nations Security, Government of, Security, Union Locations: Giulia Paravicini UNITED NATIONS, NAIROBI, Somalia, of Africa, Al Qaeda, Al Shabaab, Federal Republic of Somalia, Al, Somali, al Shabaab

That was the lowest year-over-year inflation rate in more than 2 1/2 years. Core prices rose 3.5% in October from a year earlier, below the 3.7% year-over-year increase in September. Those price increases, though smaller than they were last year, are still faster than was typically true before the pandemic. The declines in spending on those items suggests that the Fed's rate increases are discouraging purchases in some areas. The central bank’s rate rate hikes have elevated the costs of mortgages, auto loans and other forms of consumer borrowing as well as business loans.

Persons: They've, ” Vincent Reinhart, Christopher Waller, Waller Organizations: WASHINGTON, Commerce Department, Dreyfus, Mellon, AAA, Fed Locations: Europe, U.S

As technology titans jockey to back hot new startups, they are extracting explicit or implicit promises of revenue in return. loadingMicrosoft’s injection of $10 billion into OpenAI in January helped kick off the craze. As part of their deal, the ChatGPT operator agreed to exclusively use its new investor’s cloud computing services. Much of the invested capital should be returned relatively quickly as AI firms buy back-end services. Nvidia (NVDA.O) has at least 80% and as much as 95% of the AI market, according to estimates by analysts.

Persons: Sam Altman, Satya Nadella, OpenAI, Optimists, cynics, Jeffrey Goldfarb, Sharon Lam, Aditya Sriwatsav, Streisand Neto Organizations: Reuters, Microsoft, Financial Times, Apple, Nasdaq, Big Tech, OpenAI, Wall Street, Google, Reuters Graphics Reuters, Cisco Systems, Lucent Technologies, Nortel Technologies, Company, Global, Telecom, Nortel, Network, Nvidia, Thomson Locations: OpenAI, Silicon Valley

☆ Australian sheep, cattle prices slump as El Nino scorches pastures
▼ + stars: | 2023-11-29 | by ( Peter Hobson | ) www.reuters.com time to read: +6 min

After three years of plentiful rain and rising livestock numbers, dry weather has withered pastures across Australia. The extreme change in conditions has helped trigger the fastest plunge in cattle and sheep prices in decades, threatening livelihoods in Australia's A$75 billion ($50 billion) red meat and livestock industry. While farmers suffer, falling livestock prices have brought some relief to Australian households hurting from high inflation. Falling U.S. beef production means demand for Australian beef should rise, helping support livestock prices, said Angus Gidley-Baird, an analyst at Rabobank in Sydney. Agricultural consultants Episode 3 estimate that Australian beef processors are reaping their best profits in at least two decades thanks to low local cattle prices and high sale prices in export markets.

Persons: Angus Hobson, Peter Hobson, Angus, Hobson, Stuart Austin, Wilmot, Angus Gidley, Baird, Teys, Mat Larkings, gaunt, haven't, they'll, Sonali Paul Organizations: Livestock, New, REUTERS, Beef, Livestock Australia, Woolworths, Data Monitor, Rabobank, Meat packers, Teys Australia, Farmers, Thomson Locations: Delegate, New South Wales, Australia, Angus Hobson's, Australia's, United States, El Nino, Japan, China, Sydney, Walcha

☆ The Bureau of Land Management will no longer allow the use of 'cyanide bombs' to kill coyotes
▼ + stars: | 2023-11-29 | by ( Associated Press | Hannah Getahun | ) www.businessinsider.com time to read: +4 min

The Bureau of Land Management is ending the practice of using 'cyanide bombs' to kill species. AdvertisementThe US Bureau of Land Management says it will no longer use spring-loaded traps full of cyanide on its land — a small win for wildlife activists and advocates concerned with pet and human safety. AdvertisementThe M-44 ejector devices that critics call "cyanide bombs" have unintentionally killed thousands of pets and non-predator wildlife, including endangered species, according to the US Department of Agriculture's Wildlife Services. Other federal agencies — including the National Park Service and the Fish and Wildlife Service — already prohibit the devices. Between 2000-16, Wildlife Services reported 246,985 animals killed by M-44s, including at least 1,182 dogs.

Persons: —, Mark Mansfield Organizations: Land Management, Service, of Land Management, US Department of Agriculture's Wildlife Services, Associated Press, National Park Service, and Wildlife Service, Forest Service, Services, American Sheep Industry Association, National Cattlemen's Beef Association, Predator Defense, Wildlife Services, BLM Locations: Idaho , Oregon , California, Washington, Idaho, Mansfield, Pocatello , Idaho

Homeless people and their advocates say the sweeps are cruel and a waste of taxpayer money. The AP submitted data requests to 30 U.S. cities regarding encampment sweeps and received at least partial responses from about half. “Unfortunately, it’s becoming a way of life, and that is 100% incorrect.”For homeless people, sweeps can be traumatizing. But never an end solution.”There are many reasons why someone might reject shelter, say homeless people and their advocates. We’re walking around saying, ‘What do you need?’”In Portland, the encampment dismantled in July was cleared again, in September and November.

Persons: Will Taylor, ”, Taylor, he's, …, ” Angelique Risby, it’s, Gavin Newsom, Newsom, David Sjoberg, ” David Ehler Jr, Crews, Sara Angel, “, Masood Samereie, ” Samereie, Roxanne Simonson, Sam Dodge, Dodge, Michael Johnson, aren't, Charise Haley, “ There’s, pare, Francis Zamora, Zamora, Brad Lander, ” Lander, Eric Adams, Charles Lutvak, Lutvak, Danielle Werder, Kieran Hartnett, who's, ____ Har, Casey, Thomas Peipert, Angeliki Kastanis, Christopher Weber Organizations: Contractors, U.S, The Associated Press, American Civil Liberties Union, Democratic, Republican, Supreme, ACLU, Northern, Politico, AP, San, Police, Public Works, Department of Emergency Management, Democratic New York City Locations: PORTLAND, Portland, West Coast, Los Angeles, New York, U.S, Phoenix, Las Vegas, Minneapolis, Miami, Albuquerque, Anchorage, Boulder , Colorado, California, San Francisco, Northern California, Denver, Connecticut, Colorado, “, New York City, Hennepin County, Boston

After attempting to scroll back through, he completed his speech before returning to read from his phone. “The beginning of my speech was edited, cut out,” De Niro said. Lily Gladstone, who stars in the film opposite Leonardo DiCaprio, won for best lead performance — though not for that performance. Your lives will be better for it.”The Gotham Awards, now in their 33rd year, leapfrog most of the major ceremonies that lead up to the Academy Awards. The year before that, Gotham winner “The Lost Daughter” faded on the campaign trail, but 2020-winner “Nomadland” went the distance to the Academy Awards.

Persons: Celine, ”, Robert De Niro, Greta Lee, John Magaro, Teo Yoo, —, De Niro, Martin Scorsese's, ” De Niro, “, Niro, Donald Trump, Hollywood —, John Wayne —, Pocahontas, Apple didn't, Scorsese, Lily Gladstone, Leonardo DiCaprio, Gladstone, — Gladstone, leapfrog, they’ve, Justine Triet's Palme, Andrew Haigh’s, Andrew Scott, Paul Mescal, Barbie ”, “ Oppenheimer, ” Greta Gerwig, Margot Robbie, “ Barbie ”, Gerwig, Noah Baumbach, Charles Melton, Todd Haynes, Julianne Moore, Rockwell, Teyana Taylor, Kaouther Ben Hania’s, Steven Yeun, Ali Wong, Steven, Wong, Bradley Cooper, “ Maestro ”, Ben Affleck, George C, Wolfe, “ Rustin ”, Michael Mann, “ Ferrari, Affleck, Alex Convery, Huy, “ Nomadland ” Organizations: Gotham, Sundance Film, Apple, “ Invest, Academy, Gotham Film & Media Institute, Cipriani Wall, Actors Guild, Netflix, “ Locations: Seoul, South Korea, East, “, Kaouther Ben Hania’s Tunisian

☆ Fact Check: Video of French farmers' protest unrelated to Israel-Hamas war
▼ + stars: | 2023-11-28 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A video of a French farmer dumping manure outside a McDonald’s in eastern France to protest fast-food outlets that import foreign meat products has been falsely claimed online to be about Israel’s war with Hamas. Yannick Augrandenis, an associate at the communications consultancy representing McDonald’s France, told Reuters in an email that the video shows the Nov. 24 protest. This included 21,950 tonnes of beef for minced steaks used in McDonald’s recipes and 18,001 tonnes of chicken, which meant nuggets were 100% French meat, the statement said. The video shows a farmers’ protest over fast-food chains importing meat, not the Israel-Hamas war. This article was produced by the Reuters Fact Check team.

Persons: Yannick Augrandenis, Read Organizations: Hamas, Twitter, Facebook, Reuters, Google, McDonald’s, Thomson Locations: France, Vesoul, Haute, Saone, McDonald’s France, Israel

☆ Iron deficiency could be making millions of Americans tired. 5 foods high in iron, from meat to produce, could help fix it.
▼ + stars: | 2023-11-27 | by ( Kate Hull | ) www.businessinsider.com time to read: +5 min

Alexander Spatari/ Getty ImagesIron comes in two different forms: heme iron and nonheme iron. Animal products contain heme iron, which comes from hemoglobin — a protein responsible for transporting oxygen in blood. Roughly 25 to 30 percent of heme iron is absorbed by your body, according to a 2019 study . However, these foods contain nonheme iron — a type of iron that is not as readily absorbed by the body. Witthaya Prasongsin/ Getty ImagesWhite beans are a good source of nonheme iron: A 1-cup serving of canned white beans contains 8 mg of nonheme iron .

Persons: —, Alexander Spatari, Prasongsin, it's Organizations: Service, American Society of Hematology, National Institutes of Health, Consumer

☆ A viral $16 McDonald’s meal won’t go away, and that’s a problem for Democrats
▼ + stars: | 2023-11-27 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Take the $16 McDonald’s meal that struck a nerve on TikTok late last year. Of course, fast food prices have gone up along with everything else in the past few years, but not by as much as the TikTok video suggests. Because the vast majority of McDonald’s restaurants in the United States are independently owned, prices vary from region to region. The social media megaphoneIn an era before TikTok or YouTube, a $16 burger moment would have lasted a few seconds. The real beefPerhaps the more significant economic takeaway from the viral McDonald’s meal is not that the meal actually cost $16 but that the man paid for it.

Persons: CNN Business ’, ”, …, there’d, Joe Biden’s, , —, Biden, Topher Olive, Olive, pollsters Organizations: CNN Business, New York CNN, New York Post, Democratic, Mac, CBS News, CNN, White, Office, Digital Strategy, Washington Post, Consumer Locations: New York, Idaho, America, United States, Darien , Connecticut

☆ Russia and Ukraine are both beefing up their air defenses ahead of another winter of bombardment
▼ + stars: | 2023-11-27 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Ahead of another winter of war, Russia and Ukraine are bolstering their air-defense arsenals. The Russian military appears to be sacrificing elsewhere to reinforce its air defenses in Ukraine. AdvertisementAs the start of the second winter of their renewed war looms, both Ukraine and Russia are trying to beef up their air defenses. AdvertisementBut after two years of incessant barrages by Russian missiles and waves of Russian- and Iranian-made drones, Ukraine is running low on air-defense missiles and cannon ammunition. Russian missiles and drones have been a persistent menace to Ukrainian troops and civilians, but Russia has air-defense problems of its own.

Persons: —, Kostya, Ed Ram, Michael Kofman, Kofman, Ercin, Vitaly Nevar, Michael Peck Organizations: Service, Russian, Patriot, Ukraine's, Soviet, AIM, 9M, RIM, The Washington, Getty, Carnegie Endowment, International, Anadolu Agency, REUTERS, British Defence Ministry, Defence Ministry, Defense, Foreign Policy, Twitter, LinkedIn Locations: Russia, Ukraine, Ukraine's Soviet, America, Soviet, Russian, Kyiv, Ukrainian, Bakhmut, Moscow, Crimea, Baltic, Kaliningrad, Forbes

☆ Meta 'misled' the public through a campaign that downplayed the amount harmful content on Instagram and Facebook, court documents show
▼ + stars: | 2023-11-26 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

A newly unsealed complaint accused Meta of misleading the public about harmful content on its platforms. It argued that Meta publicly touted low rates of harmful content while internal data revealed higher rates. Meta used these reports to convince the public its platforms were safer than they actually were, per the complaint. Meta defines hate speech per the CSER as "violent or dehumanizing speech, statements of inferiority, calls for exclusion or segregation based on protected characteristics or slurs." It only noted that they're both "rigorous surveys" used to poll users about their interactions with harmful content like suicide and self-harm, negative comparison, misinformation, bullying, unwanted sexual advances, hate speech, or discrimination.

Persons: Meta, — Organizations: Meta, Service, Facebook, New York Times Locations: Instagram

☆ I tried a $35 Wagyu beef sandwich at Harrods and it was as disappointing as it was expensive
▼ + stars: | 2023-11-25 | by ( Polly Thompson | ) www.businessinsider.com time to read: +5 min

Harrods, London's upmarket department store, sells a Wagyu beef sandwich for £28 ($35.) Simply called the "Wagyu Steak Sandwich," the new addition to the menu at Harrods in Knightsbridge contains strips of Wagyu beef fillet along with accompanied by porcini and truffle butter, gold mustard mayo, large portobello mushrooms, arugula, and beer- braised onions. The Harrods deli counter where you can purchase the Wagyu sandwich. High-grade marbled Wagyu beef is a delicacy typically imported from Japan and can cost anywhere between $120 and $300 per pound. To its credit, and to be expected when it packs a whopping 1,040 calories, the Harrods sandwich was a generous size and I was definitely full by the end.

Persons: —, porcini, Polly Thompson, I've, I'd, Mark Field Organizations: Harrods, Business, Service, Qatari, Consulting Locations: Britain, Knightsbridge, mayo, portobello, Japan, Harrods, Hyde

“We have heard that he is expected to survive,” Brian Evans, spokesperson for the Minnesota attorney general’s office, told The Associated Press about Chauvin. Political Cartoons View All 1265 Images"I am sad to hear that Derek Chauvin was the target of violence. The Bureau of Prisons said no employees at the Tucson facility were injured in the attack and that the FBI was notified. In Minnesota, Chauvin was mainly kept in solitary confinement “largely for his own protection,” Nelson wrote in court papers last year. Chauvin’s stabbing comes as the federal Bureau of Prisons has faced increased scrutiny in recent years following wealthy financier Jeffrey Epstein’s jail suicide in 2019.

Persons: — Derek Chauvin, George Floyd, general's, ” Brian Evans, Chauvin, Derek Chauvin, Keith Ellison, Terrence Floyd, George Floyd’s, “ I’m, ” Terrence Floyd, Larry Nassar, Eric Nelson, he’d, ” Nelson, Floyd, Black, Jeffrey Epstein’s, It's, “ Unabomber, Ted Kaczynski’s, shouldn’t, Colette Peters, Peters, Amy Forliti, Michael Balsamo Organizations: Federal Correctional Institution, Associated Press, U.S . Bureau of Prisons, Prisons, ” Prosecutors, FBI, of Prisons, Justice Department’s, Judiciary Locations: MINNEAPOLIS, Minneapolis, Arizona, Minnesota, Tucson, Florida, New York

☆ German budget crisis will haunt economy for years
▼ + stars: | 2023-11-24 | by ( Pierre Briancon | ) www.reuters.com time to read: +4 min

LONDON, Nov 24 (Reuters Breakingviews) - The German government is working hard to demonstrate the foolishness of the country’s iron-clad ban on large budget deficits. The budget crisis will cripple the economy for years to come, for three reasons. The debt brake, which limits structural budget deficits to 0.35% of GDP, has only been suspended for this year’s budget. Public net investment has been negative for 20 years, Marcel Fratzscher, head of the German Institute for Economic Research, has pointed out. The country is not on the cusp of a debt crisis.

Persons: Carsten Brzeski, That’s, Marcel Fratzscher, Christian Lindner, Lindner, George Hay, Streisand Neto Organizations: Reuters, Constitutional, Organisation for Economic Co, Development, ING, German Economic Institute, Public, German Institute for Economic Research, German, Germany’s, Thomson Locations: Europe, Berlin

Derek Chauvin, the former Minneapolis police officer convicted of murdering George Floyd, was stabbed by another inmate and seriously injured Friday at a federal prison in Arizona, a person familiar with the matter told The Associated Press. The attack happened at the Federal Correctional Institution, Tucson, a medium-security prison that has been plagued by security lapses and staffing shortages. The Bureau of Prisons confirmed that an incarcerated person was assaulted at FCI Tucson at around 12:30 p.m. local time Friday. It is also the second major incident at the Tucson federal prison in a little over a year. Chauvin’s stabbing comes as the federal Bureau of Prisons has faced increased scrutiny in recent years following wealthy financier Jeffrey Epstein’s jail suicide in 2019.

Persons: Derek Chauvin, George Floyd, Larry Nassar, shouldn’t, Eric Nelson, he’d, Chauvin, ” Nelson, Floyd, Black, Jeffrey Epstein’s, It's, “ Unabomber, Ted Kaczynski’s, Colette Peters, Peters, Amy Forliti, Michael Balsamo, Michael Organizations: Associated Press, Federal Correctional Institution, Prisons, FCI Tucson, FBI, of Prisons, Justice Department’s, Judiciary, Press Locations: Minneapolis, Arizona, Tucson, Florida, Minnesota, New York, Michael Sisak, x.com

Marcelo Capobianco was inspecting the calf carcass he had just hung from a hook in his small butcher shop outside Buenos Aires on Tuesday when he admitted that the premium-grade beef would hardly earn him anything. That’s because since his preferred candidate, Javier Milei, won Argentina’s presidency two days earlier, the cost of the meat had jumped by five percent, while the street value of the Argentine peso had fallen by 12 percent, hurting his customers’ purchasing power. Mr. Capobianco said that he had already raised prices so many times in recent months, he was reluctant to again pass the costs on to customers. “It’s already proving difficult to sell at these prices,” he said. Across his shop were signs of the spiraling economic crisis and 140 percent inflation that has convulsed Argentina and catapulted Mr. Milei, a self-described “anarcho-capitalist” libertarian who wants to replace the peso with the U.S. dollar, to Argentina’s highest office.

Persons: Marcelo Capobianco, Javier Milei, Capobianco, “ It’s, ”, Milei Organizations: Argentine, U.S . Locations: Buenos Aires, Argentina

☆ Exclusive: Argentina grains trade 'paralyzed' as farmers eye FX adjustment, bean shortage
▼ + stars: | 2023-11-23 | by ( Maximilian Heath | ) www.reuters.com time to read: +3 min

That hurts exporters who often have to bring most of their overseas sales back into the country at the official rate, getting fewer pesos for each dollar. While the government has rolled out exchange rate sweeteners for farmers, giving them a better rate, many producers are waiting to see what Milei does when he takes office. Idigoras said the lack of beans for the huge crushing plants that turn soybeans into oil and meal along the Parana River meant the facilities were operating at greatly reduced capacity. "Today we are at 73% average idle capacity in the crushing plants and 75% idle capacity in the grain ports," he said. He added that the crushing plants were bringing forward stoppages for technical maintenance due to the "impossibility" of being able to keep operating.

Persons: Marcos Brindicci, Javier Milei, CIARA, Gustavo Idigoras, Idigoras, Maximilian Heath, Adam Jourdan, Jonathan Oatis Organizations: REUTERS, Reuters, Cargill, Bunge, Thomson Locations: Rafaela, Argentina, BUENOS AIRES, Parana

It ships the goods to FedEx returns centers, where they are sorted by merchant. Consolidating returns can lower transportation costs as much as 20%, said Amena Ali, CEO of returns services provider Optoro. Meanwhile, rival UPS is buying Happy Returns to beef up its e-commerce returns business that has grown 25% since 2020. Roughly 5,200 UPS Store locations will join Happy Returns' established drop-off points, making the service available at more than 12,000 U.S. locations, UPS said. FedEx accepts no label, no box returns at 10,000 U.S. locations including FedEx Office, FedEx Express Ship Centers, and Walgreens (WBA.O).

Persons: Bing Guan, Ryan Kelly, FedEx's, Kelly, Amena Ali, Lisa Baertlein, Will Dunham Organizations: FedEx, Los Angeles International Airport, REUTERS, United Parcel Service, Walmart, Reuters, Optoro, UPS, FedEx Office, FedEx Express Ship Centers, Walgreens, Thomson Locations: Los Angeles , California, U.S, Los Angeles

China, the world's second-largest economy, is already a major investor in South America and has offered tariff-free access to its huge consumer market to four countries. But Uruguay faces opposition from other members of the Mercosur bloc who want to settle an FTA with Europe instead. By comparison, other major beef exporters Australia and New Zealand, which have FTAs with China, pay tariffs at 3.3% and 0%. The elevation of ties with Uruguay to the level of Brazil and Argentina also pushes the remaining Mercosur member Paraguay further outside China's global trade and investment network. Agriculture-dependent Paraguay, whose main exports include beef and soybeans, is the last South American nation that has ties with democratically governed Taiwan, which China claims as part of its territory, and not with Beijing.

Persons: Xi Jinping, Luis Lacalle Pou, Florence Lo, Lacalle Pou, Xi, Joe Cash, Ryan Woo, Ella Cao, Toby Chopra, Raju Gopalakrishnan, Chizu Nomiyama, Alexander Smith Organizations: Uruguayan, of, People, REUTERS, New Development Bank BEIJING, Mercosur, South, Nations, New Development Bank, China, United, Mercosur CET, National Meat Institute of, China's National Bureau of Statistics, Thomson Locations: Beijing, China, Uruguay, Argentina, Brazil Mercosur, American, Brazil, South America, Chile, Costa Rica, Ecuador, Peru, Europe, Australia, New Zealand, Shanghai, United States, MERCOSUR Uruguay, Brussels, Montevideo, Mercosur, National Meat Institute of Uruguay, Paraguay, Taiwan

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