Sugar Prices Hit 28-Year Record

SUGAR HIGH

Updated Apr. 25, 2017 2:05PM EDT / Published Aug. 10, 2009 11:13AM EDT

On Monday the price of raw sugar rose by 3 percent—reaching a price of 21.55 cents per pound—a mark not matched since March 1981. The main reasons for the price increase read like a lesson in the globalization of commodities: A sharp fall in production in India, paired with an increasing demand for sugar in Brazil, have incited more worries in the industry. Another "drastic fall" is expected for the upcoming Indian crop, according to Sucden Financial, a firm that focuses on sugar trading.

Read it at BBC News

United Airlines ‘Disturbed’ by Video of Coach in Cockpit

A video posted to Instagram showed the team’s coach sitting in the cockpit.

R.F.K. Jr.’s Old Environmental Pals Tell Him to Get Lost

“His actions are a betrayal to our environment,” the candidate’s former mentor said of him.

John Cleese Cancels His Own Cancel Culture Show

The “Monty Python” star has stalled the show for three years.

Iranian Official Says Israeli Drones Are ‘More Like Toys’

“What happened last night was not a strike,” he said.

Third Republican Signs On to MTG’s Motion to Vacate Speaker

Rep. Paul Gosar (R-AZ) joined up just three days after Rep. Thomas Massie (R-KY) voiced his support for the resolution.

New Deets Surface on Barbara Walters and Diane Sawyer’s Beef

Despite the two being bitter rivals, Sawyer also conceded, “We spent a lot of time laughing and forging a real friendship.”

A D.C. ‘Skinny’ Home Is Listed for $600K—It’s 6 Feet Wide

A change in zoning laws forced the owners to put their building plans on a serious diet.

Ethics Panel Wants to Know if Gaetz Got High at Parties: ABC

The House committee has reportedly obtained a woman’s statement claiming the Republican attended an event where drugs were present.

Sugar Prices Hit 28-Year Record