WORLD NEWS
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Global wine consumption falls again in 2025 as economic pressures, changing consumer trends weigh on demand
Global wine demand declined for the seventh consecutive year in 2025 as inflation, changing consumer habits and trade disruptions continued to pressure the industry.
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India Sugar Federation proposes dual sugar pricing, policy reforms to support farmers and mills
India’s cooperative sugar sector has proposed dual sugar pricing, long-term policy reforms and AI-driven farming technologies to improve farmer incomes and industry sustainability.
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Karnataka introduces India’s first alcohol-based excise duty system for liquor taxation
Karnataka has launched India’s first alcohol-content-based liquor taxation system aimed at improving pricing transparency, boosting tax efficiency and reducing cross-border alcohol purchases.
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ThaiBev reports H1 FY2026 profit decline amid impairment loss despite strong Underlying growth
Thai Beverage reports a decline in half-year net profit due to impairment losses, even as underlying earnings and spirits sales show steady growth.
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Ecuador’s banana sector develops new trade routes to Saudi Arabia, Turkey amid challenges
“Fusarium is a lethal disease; if left unchecked, it can wipe out the entire banana industry,” Castro warns.