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The leader of ruling party Georgian Dream Archil Talakvadze is approved to the post of the new speaker of parliament of Georgia, transfers "Rustavi 2".

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The Russian delegation nominated the Chairman of the State Duma Committee on the international affairs Leonid Slutsky to a post of the vice speaker of the Parliamentary Assembly of the Council of Euro...

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The goalkeeper of St. Petersburg Zenit and Russian national team Andrey Lunyov considers that last season became for it not too successful.

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The former world heavyweight boxing champion Vladimir Klitschko with the family managed to escape from the fire only through the coast guard.

Date: 10 months ago   Category: Business

Ground prices: why the cost of coffee has fallen to a 12-year minimum — RT in Russian


The world prices for coffee have reached a 12-year minimum. For the first time since 2006 the cost of seeds of arabica coffee has fallen lower than $1 for pound. According to experts, it is explained by a raw materials surplus the market and depreciation of national currency of Brazil — the main producer of coffee. However, analysts believe that already by the end of the year the situation will change: adverse weather conditions in Brazil and India and also the trade wars begun with the USA — one of the main consumers of coffee — can lead to essential increase in prices.

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