Down to Business English: Business News to Improve your Business English Skip Montreux, Dez Morgan & Samantha Vega | Business English Instructors
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- Education
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A podcast for people who use English as a Second or Foreign Language (ESL/EFL) in their work environment and want to improve their overall language skills. In each episode, hosts Skip Montreux, Dez Morgan, and Samantha Vega discuss Business news making headlines around the world. Through their discussions, Skip, Dez and Samantha introduce English vocabulary & phrases related to business, review grammar, and identify cultural differences found in International business situations. An excellent way to improve listening comprehension skills, keep up with business trends, and advance your career.
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The Cocoa Crisis
The global chocolate industry is grappling with a steep rise in cocoa prices, leading to significant changes for producers and consumers alike. This unprecedented surge, driven by unusual weather patterns and long-standing structural challenges, has sent shockwaves through the market, forcing chocolate manufacturers to rethink recipes, pricing, and sourcing strategies.
Skip Montreux and Dez Morgan take a deep dive into the cocoa crisis, unpacking the causes and consequences of rising prices. They analyze how unseasonal El Niño rains have severely impacted West African cocoa production, highlighting the underinvestment in farms and crop diseases that have worsened the supply issues. With 60% of cocoa futures contracts held by speculators, market volatility is further inflating costs, leading chocolate manufacturers to implement measures like “shrinkflation” and recipe changes to navigate this complex market.
D2B 315 offers a comprehensive look at the crisis in the cocoa market and is a vivid example of how environmental issues, market speculation, and underinvestment can collide to create global economic ripples.
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