Cocoa prices near 50-year highs

Prices for cocoa soared to their highest level in nearly half a century this week amid declining global supply, according to trading data. New York futures for the key chocolate-making ingredient rose above $4,200 per metric ton, the highest price for the commodity since September 1977, surpassing the 2011 peak that resulted from that year’s…

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EU ramped up Russian coal imports before ban – media

EU member states imported 28% more coal from Russia between March and May compared with the same period last year, Vedomosti newspaper reported on Tuesday. The European Union’s ban on Russian coal came into force on Wednesday.

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US aiming to put nuclear pressure on Russia and China – media

Washington is reportedly set to change its stance after Moscow and Beijing supposedly rebuffed non-proliferation overtures The US is set to announce changes to its nuclear weapons policy on Friday, a senior government official has told the Semafor news outlet.

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