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Climate and Inflation: When Weather Hits the Economy

Inflation is often described as a monetary phenomenon. Central banks adjust interest rates. Governments revise fiscal spending. Economists debate liquidity and supply chains. However,...
HomeNews & UpdatesScorched Harvest: European Heatwave Fuels Olive Oil Industry Crisis

Scorched Harvest: European Heatwave Fuels Olive Oil Industry Crisis

The heatwave in southern Europe threatens to inflict the second bad harvest in a row and gaps on shelves this autumn, bringing the “Olive Oil Industry” into “CRISIS“.

Fears for the future have grown as the climate crisis worsens. Filippo Berio has widened the areas it sources olives from, turning to countries such as Turkey and even Chile to supplement supplies from traditional growing regions such as Italy, Greece and Spain. Read more

News Credit: The Guardian

Picture Credit: agsaz/Alamy