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TradeBriefs Editorial

From the Editor's Desk

Why olive oil prices are soaring and what to do about it

The image of a celebrity chef dousing their Caprese salad, gazpacho or dolmas with extra-virgin olive oil is incredibly ambitious at the moment, with most Europeans facing record prices in the supermarket aisle. But why have olive oil prices risen so sharply?

For the past decade, the oldest cultivated trees on Earth have been showing their vulnerability with many of the Mediterranean's olive groves drying up due to increasingly difficult weather conditions such as droughts and severe hailstorms leading to floods. And in 2023, the region – as well as the whole planet – experienced the hottest summer on record.



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Congressional leaders reach short-term spending deal to keep government open until March    
Congressional leaders reach short-term spending deal to keep government open until March
\"The bipartisan topline appropriations agreement clears the way for Congress to act over the next few weeks in order to maintain important funding priorities for the American people and avoid a government shutdown,\" Senate Majority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries, both New York Democrats, said in a statement at the time.


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Viral Rapper Says He's Innocent After Accusations Of Kidnapping Pregnant Woman    
Viral Rapper Says He's Innocent After Accusations Of Kidnapping Pregnant Woman
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Weather delays Bills and Steelers game, N.Y. governor announces    
Weather delays Bills and Steelers game, N.Y. governor announces
\"And that is why I am pleased to announce that in the interest of keeping both Buffalo Bills and Pittsburgh fans safe … the NFL has agreed with our assessment that we need to postpone tomorrow\'s playoff game,\" Hochul said.


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Thousands of pro-Palestine protesters march in London    
Thousands of pro-Palestine protesters march in London
The Met has put a number of conditions in place, including: any person participating in the procession must not deviate from the route specified; the speeches at the assembly after the procession must end by 4.30pm and the whole event must end by 5pm; no participant in the protest may enter the area around the Israeli embassy.


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Congress agrees on stopgap bill to fund federal government into March    
Congress agrees on stopgap bill to fund federal government into March
The United States came close to a partial government shutdown last autumn amid opposition by the hardline House Republicans who ousted former speaker Kevin McCarthy over reaching a bipartisan stopgap spending deal with Schumer.


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Thousands march on Washington to demand ceasefire in Gaza    
Thousands march on Washington to demand ceasefire in Gaza
A Gallup poll released last week showed that Americans are divided over US involvement in resolving the Gaza conflict, with 41% of those polled saying the US is doing “about the right amount” to bring an end to the war and 39% saying it was “not enough”.


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Subzero Temperatures Are Set to Make Iowa’s Caucuses the Coldest in History    
Subzero Temperatures Are Set to Make Iowa’s Caucuses the Coldest in History
Maya King is a politics reporter covering the Southeast, based in Atlanta. She covers campaigns, elections and movements in the American South, as well as national trends relating to Black voters and young people. More about Maya King


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Some Student Loan Borrowers May Be Eligible for Forgiveness Sooner    
Some Student Loan Borrowers May Be Eligible for Forgiveness Sooner
“Today’s announcement will help struggling borrowers who have been making loan payments for years, including many who never graduated from college,” said James Kvaal, the Education Department’s under secretary.


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U.N. Warns Gaza Is Heading for Famine as Specter of Wider War Looms    
U.N. Warns Gaza Is Heading for Famine as Specter of Wider War Looms
Declan Walsh is the chief Africa correspondent for The Times. He was previously based in Egypt, covering the Middle East, and in Pakistan. He previously worked at The Guardian and is the author of “The Nine Lives of Pakistan.” More about Declan Walsh


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The Rise of the N.F.L.’s 2-Point Conversion: A Guide to Strategy    
The Rise of the N.F.L.’s 2-Point Conversion: A Guide to Strategy
For fans, this trend has brought a welcome dose of strategy to what was once an automatic decision to kick. (Week 17’s game between Detroit and Dallas, which hinged on not one or two but three consecutive 2-point attempts in the game’s final seconds, typified both the strategic and emotional factors at play.)


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John Kerry Bows Out as U.S. Climate Envoy    
John Kerry Bows Out as U.S. Climate Envoy
Mr. Kerry told staff that he intended to depart in the coming months. He is widely expected to get involved in the 2024 presidential campaign to help raise awareness of Mr. Biden’s work on climate change. No successor has yet been tapped.


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John Kerry Will Step Down To Help Biden Campaign: Reports    
John Kerry Will Step Down To Help Biden Campaign: Reports
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Trump Touts Ex-Mobster ‘Sammy The Bull’ As Moral Character Witness    
Trump Touts Ex-Mobster ‘Sammy The Bull’ As Moral Character Witness
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Bill O’Reilly Is Furious As His Own Titles Get Removed After Supporting Florida Book Bans    
Bill O’Reilly Is Furious As His Own Titles Get Removed After Supporting Florida Book Bans
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Prankster Tries To Give Ron DeSantis Participation Trophy At Iowa Event    
Prankster Tries To Give Ron DeSantis Participation Trophy At Iowa Event
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Chicago Bulls Fans Boo As Jerry Krause's Widow Accepts Honor    
Chicago Bulls Fans Boo As Jerry Krause's Widow Accepts Honor
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Jo Koy Complains About ‘Soft’ Celebs In Post-Golden Globes Stand-Up: Report    
Jo Koy Complains About ‘Soft’ Celebs In Post-Golden Globes Stand-Up: Report
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Country Singer Jelly Roll Testifies On Capitol Hill About Fentanyl Crisis 'Crippling Our Nation'    
Country Singer Jelly Roll Testifies On Capitol Hill About Fentanyl Crisis 'Crippling Our Nation'
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Emma Stone Has A Really Good Reason She Won’t Do ‘Celebrity Jeopardy’    
Emma Stone Has A Really Good Reason She Won’t Do ‘Celebrity Jeopardy’
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My Mom Was Killed Crossing The Street. Years Later, Here's What I Still Struggle To Accept.    
My Mom Was Killed Crossing The Street. Years Later, Here's What I Still Struggle To Accept.
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The Nostalgia-Inducing Trailer For Usher's Super Bowl Halftime Show Is Here    
The Nostalgia-Inducing Trailer For Usher's Super Bowl Halftime Show Is Here
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Missing Teen Found Dead On Hiking Trail Was Strangled By Girlfriend, Police Say    
Missing Teen Found Dead On Hiking Trail Was Strangled By Girlfriend, Police Say
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Kristen Stewart Explains Why She Sees 'Twilight' As 'Such A Gay Movie'    
Kristen Stewart Explains Why She Sees 'Twilight' As 'Such A Gay Movie'
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Bear Rescued From Bombed-Out Ukraine Zoo Finds New Home In Scotland    
Bear Rescued From Bombed-Out Ukraine Zoo Finds New Home In Scotland
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The Iowa caucuses are on Monday — here's what you need to know    
The Iowa caucuses are on Monday — here's what you need to know
Both caucuses will officially begin at 7 p.m. CT. Voters will likely begin to trickle into their caucus locations a couple of hours before, with doors generally opening at 5 p.m. The caucuses are expected to last an hour before vote counting begins. If all goes smoothly, the results should become clear shortly before midnight.


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Why spot ETFs may be a game changer for bitcoin     
Why spot ETFs may be a game changer for bitcoin
\"There\'s still quite a ways to go in terms of how this actually will interact both with the world at large and sort of our economic systems, as well as, quite frankly, how it will end up interacting with your portfolio,\" she said. 


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Missed the Boat on Nvidia? Here Are 2 Artificial Intelligence (AI) Growth Stocks Using Nvidia's Tech to Reach New Heights    
Missed the Boat on Nvidia? Here Are 2 Artificial Intelligence (AI) Growth Stocks Using Nvidia's Tech to Reach New Heights
Jose Najarro has positions in Cerence and Nvidia. The Motley Fool has positions in and recommends Nvidia. The Motley Fool recommends Cerence. The Motley Fool has a disclosure policy.Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.


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7 Incredible Reasons to Buy Pfizer Stock Right Now    
7 Incredible Reasons to Buy Pfizer Stock Right Now
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of the S&P 500 since 2002*.


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Tesla Gets a $94 Billion Reality Check as EV Winter Sets In    
Tesla Gets a $94 Billion Reality Check as EV Winter Sets In
“Tesla has not been able to deliver on fully autonomous driving and AI promises, which are already embedded in the valuation,” Spear’s Delevska said. “Being simply another automotive manufacturer is not going to cut it for a $750 billion valuation.”


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'We are at war': Ecuador's president vows to crack down on gangs behind week of violence    
'We are at war': Ecuador's president vows to crack down on gangs behind week of violence
The former head of Ecuador's navy, vice-admiral Ángel Sarzosa Aguirre, said the state had no choice but to go on the offensive against the gangs, warning: "If they put up a fight, they will die."


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Boeing plane returns to airport in Japan after crack found in cockpit window    
Boeing plane returns to airport in Japan after crack found in cockpit window
Flight 1182 was en route to Toyama airport but headed back to the Sapporo-New Chitose airport after the crack was found on the outermost of four layers of windows surrounding the cockpit, the spokesperson said, adding there were no injuries reported among the 59 passengers and six crew.


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Taiwan elects Lai Ching-te, from incumbent pro-sovereignty party, as president    
Taiwan elects Lai Ching-te, from incumbent pro-sovereignty party, as president
Vivi Lin, a 25-year-old student, travelled back from the UK to cast her ballot in Yilan, a city in northern Taiwan. The plane ticket cost about 40,000 new Taiwan dollars (£1,000). “It was just such a miraculous moment. I voted along with my grandma and grandpa. I’m the first generation of a democratic Taiwan. Growing up, my grandparents and parents were always telling me how precious the freedom and democracy we have right now is.”


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'I was livid': Sydney single mother pressured by landlord to leave rental just nine months into lease    
'I was livid': Sydney single mother pressured by landlord to leave rental just nine months into lease
On top of ending no-grounds evictions, the best way to help tenants was to implement a cap on rents, a report by Macquarie University commissioned by Shelter NSW and the Tenants' Union recommended last year.


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Plans to reform private prosecutions after Post Office Horizon scandal    
Plans to reform private prosecutions after Post Office Horizon scandal
“Post Office has not undertaken any private prosecutions related to Horizon since 2015 and has no intention of doing so. In cases of suspected criminal activity, evidence is referred to the relevant law enforcement agency.”


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'Mini-city': meet the 30,000 workers who power Australia's busiest airport every day    
'Mini-city': meet the 30,000 workers who power Australia's busiest airport every day
There are also plenty of desk-bound officers at the airport, including intelligence staff tasked with identifying and preventing what are known as "trusted insiders": employees of airlines who use their access to aid organised crime.


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Red Sea crisis could shatter hopes of global economic recovery    
Red Sea crisis could shatter hopes of global economic recovery
Liam Byrne, chair of the Commons business and trade select committee, said: “There’s now a real risk that a Red Sea battle will push up prices, just as inflation was beginning to fall. The World Bank is already warning that global supply chains are once more in peril … not least because this new struggle in Suez comes as drought is cutting trade through the Panama canal. Two of the world’s five keys to trade are now in real jeopardy.”


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'It is a time of witch hunts in Israel': teacher held in solitary confinement for posting concern about Gaza deaths    
'It is a time of witch hunts in Israel': teacher held in solitary confinement for posting concern about Gaza deaths
"The whole story in one picture," he says. "The Israeli mainstream media don't broadcast this picture. They don't get this picture, and don't want to get this picture."


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Pakistan: Imran Khan's party loses cricket bat electoral symbol    
Pakistan: Imran Khan's party loses cricket bat electoral symbol
His main rival and former three-time prime minister Nawaz Sharif has been cleared of all court cases and a lifetime ban, enabling him to contest the polls. Analysts say he appears to be the frontrunner, thanks to what they say is military support, an advantage in a country where army generals make or break governments. The army says it is apolitical.


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Tiny proportion of e-scooter injuries appear in official UK data    
Tiny proportion of e-scooter injuries appear in official UK data
Nicholas Lyes of road safety charity IAM RoadSmart said the proportion of casualties outside e-scooter trial areas showed there was a “wild west” over their use. He said: “The government needs to urgently bring forward legislation on private e-scooters, which must include minimum type approval device standards, speed limiters and proposals for riders to have a minimum level of competency.”


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70-year-old charged after car runs into pro-Palestine demo in Edinburgh    
70-year-old charged after car runs into pro-Palestine demo in Edinburgh
A Police Scotland spokesperson commenting on the Edinburgh incident said: “Around 2.30pm on Saturday, 13 January 2024, we were made aware of a road crash involving a car and a small number of pedestrians in Ramsay Lane.


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UK cold snap to continue with snow and ice descending from north Scotland    
UK cold snap to continue with snow and ice descending from north Scotland
Amy Fellows, national network manager at National Highways, said: “Freezing conditions bring so many hazards such as snow and ice, so take every possible step to understand your journey in advance and allow lots of extra time when travelling to prepare for the unexpected.”


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Ed Davey's approval rating takes a big hit from the Post Office scandal    
Ed Davey's approval rating takes a big hit from the Post Office scandal
"The Lib Dems will be worried that the first time their leader has cut through to voters is for his connection to a huge scandal. But, while Labour and the Tories may be relieved that fingers aren't being pointed at them, they and the rest of us should be concerned if important questions about how national institutions operate devolve into yet another edition of 'which politician you've never heard of is going to resign?'"


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Freezing US winter storms threaten to break low-temperature records    
Freezing US winter storms threaten to break low-temperature records
Philip Spitzley of Lake Odessa, Michigan, woke up Friday to 95 small snowmen in his front yard to celebrate his 95th birthday. Fifteen family members and a neighbor had collaborated on the snow-packing job, which took about 90 minutes.


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John Kerry to leave White House to assist Biden re-election campaign    
John Kerry to leave White House to assist Biden re-election campaign
The group, Swift Boat Veterans for Truth, emerged in August 2004 as Kerry, then a Democratic senator from Massachusetts, was doing well in the polls against Bush, who had only a domestic spell in the Texas air national guard in comparison. The group set about trying to destroy Kerry’s reputation.


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Huge News for Boeing Stock Investors!    
Huge News for Boeing Stock Investors!
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.


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2 Stock-Split AI Stocks to Buy Before They Soar 41% and 111% in 2024, According to Certain Wall Street Analysts    
2 Stock-Split AI Stocks to Buy Before They Soar 41% and 111% in 2024, According to Certain Wall Street Analysts
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool\'s board of directors. Trevor Jennewine has positions in Amazon and Nvidia. The Motley Fool has positions in and recommends Amazon and Nvidia. The Motley Fool recommends Gartner. The Motley Fool has a disclosure policy.


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If You Like Dividends, You Should Love These 3 Stocks    
If You Like Dividends, You Should Love These 3 Stocks
Demitri Kalogeropoulos has positions in Chipotle Mexican Grill, Costco Wholesale, and McDonald\'s. The Motley Fool has positions in and recommends Chipotle Mexican Grill, Costco Wholesale, and Garmin. The Motley Fool has a disclosure policy.


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Is Medical Properties Trust Stock a Buy Now?    
Is Medical Properties Trust Stock a Buy Now?
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.




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