Today dear readers, I am a little confused.
For the last few months, we have been following news coming form the Ivory Coast very closely and something occurred to me over the weekend.
When countries supplying the world with oil are a touch turbulent (e.g. Iraq / Libya ….) oil prices soar.
Over a third of the world’s cocoa comes from a country embroiled in horrific violence in what is being described as civil war. Hundreds are dying, the UN is intervening but my chocolate bar stays the same price. I don’t get it. I am sure there is an economist who can explain what is happening but I simply don’t understand.
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