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A 47-year high! Global coffee prices surged 70% due to tight supply and EU regulations within the year.
①On Wednesday, Arabica coffee bean prices soared to their highest level in nearly 50 years, rising more than 70% year-to-date; ②The main reasons for the price increase are supply shortages, uncertainty over the EU Zero Deforestation Act, leading to a surge in panic buying; ③Trump's proposal to impose tariffs has also raised concerns among coffee roasters.
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starbucks (SBUX.US) performance is sluggish, with employees reportedly receiving only 60% of their bonuses.
According to a source, due to starbucks' poor financial performance, many employees only received 60% of the total bonus for the most recent fiscal year.
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