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Biden’s oligarchs warning had echo of earlier times
Finances

Biden’s oligarchs warning had echo of earlier times

Many pundits and politicians attribute the rise of Russia’s oligarchs to Washington Consensus reforms, and “big-bang” privatisation in particular. Yet that explanation does not hold

As cane non-availability forces mills to close earlier, sugar production down 12% so far
Business

As cane non-availability forces mills to close earlier, sugar production down 12% so far

Net sugar production this season (October 2024-September 2025) is expected to be 27 million tonnes (mt) – 4.9 mt lower than the 31.9 mt produced