The price of coffee in the EU saw an average year-on-year surge of 16.9% in August, the bloc’s statistics office reported on Thursday, adding that milk and sugar prices also rose. “Recent price rises might make this morning staple almost a luxury,” Eurostat said, explaining that the price of coffee in August 2021 was on…
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The boss of Wall Street banking giant JPMorgan Chase, Jamie Dimon, has warned investors of the likelihood of a downturn in the US economy, saying that “something worse” than a hard recession could be on the horizon.
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