Economy

4 articles

Overflowing barrels of red wine in an Italian vineyard during harvest, symbolizing a severe market glut and crisis.

Italy's Red Wine Glut Worsens with Early Harvest Amid Crisis

In Valpolicella, Italy, a staggering 172,280 quintals of grapes, representing 20% of total production, are currently stockpiled, signaling an unprecedented glut in the red wine market.

Marco Alves·August 29, 2026

A bartender making a cocktail in a sophisticated bar, with abstract graphics symbolizing rising prices and tax burdens overlaid on the scene.

The Food Trade

Cocktail Prices Rise Amid UK Hospitality's £93 Billion Contribution

In the UK, the restaurant sector pays so much tax that as much as 75% of its pre-tax profit goes directly to the Treasury, making it the most taxed sector in the economy, according to The Drinks Busin

Ezra Kaplan·August 28, 2026

Golden hour sunlight illuminates a sprawling vineyard in Essex, with rows of grapevines leading to a rustic winery, symbolizing the growth of wine tourism.

The Cellar & Vine

Essex Wine Tourism Booms, Driving Visitor Growth

In Essex, land prices in prime grape-growing areas have surged by 15% annually over the past five years, according to a Savills Rural Property Report.

Marco Alves·June 18, 2026

Split image showing a modern cafe contrasted with a struggling coffee farmer, highlighting the disparity in the coffee industry.

The Daily Grind

Coffee Industry: Growth, Innovation, and Producer Challenges

Last year, global ready-to-drink coffee sales surged by 15%, yet the average income for a smallholder coffee farmer in Central America dropped by 8% due to volatile commodity prices.

Raffi Hovsepian·May 24, 2026