Coffee cultivation has become Peru's main source of economic income.
In 2011, Peruvian coffee exports reached US $1.56 billion, with specialty coffee accounting for 25 per cent of total coffee exports, while organic coffee accounted for 80 per cent of specialty coffee and fair trade and eco-friendly coffee accounted for 20 per cent. The export of organic coffee has great potential for growth and will help Peru achieve greater economic and social development. Peru currently ranks third in the world in specialty coffee exports, behind Colombia and Guatemala, but Peru will promote the product in important markets such as Japan, South Korea and China. As the cultivation of coffee brings attractive income to local farmers, the product will gradually replace coca leaves as the main source of local income.
(responsible Editor: coffee Sound)
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The popularity of "Kopi Luwak" in the US market has led to a sharp increase in demand and a decline in quality.
In the eyes of coffee lovers around the world, Kopi Luwak is novel and very expensive. According to the Huffington Post on the 17th, Kopi Luwak has become popular in the United States because of an article in the New York Times.
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Starbucks may be investigated by UK tax authorities for tax avoidance of US $1.93 billion
On the evening of October 17, Beijing time, Starbucks may face an investigation by the British tax authorities. The move comes after a senior member of Congress called for an investigation into how Starbucks has been able to avoid paying 1.2 billion pounds ($1.93 billion) in taxes since 2009. Starbucks had previously told investors that its UK division was highly profitable, but it also told the UK, Reuters reported
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