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Euromonitor International analyst Media Eghbal analyses the dramatic increase in food prices worldwide in the latest edition of Globalcast, Euromonitor International's podcast series...

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Crude oil prices reached a historical high of US$147 per barrel in July 2008, surpassing their previous record – when adjusted for inflation – set in December 1979. While there are some similarities between the two oil spikes, the effects of the 2008 price rises also differ in many ways for governments, consumers and businesses worldwide.

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Tampico Beverages, a leading player in the global fruit-flavoured drinks category, was acquired last month by Kentucky-based Houchens Industries, which runs discount grocery retailers in the US. In the aftermath of the deal, Daniel Espinosa, International Business Analyst at Tampico Beverages, told Euromonitor International that it was “full steam ahead” for Tampico, adding, “We will aggressively look to expand into new markets and grow the brand”...

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