Re:PPCC: Pisitófilos Creditófagos. Invierno 2025

[Derby]

https://www.euractiv.com/section/agriculture-food/news/americans-go-egg-hunting-in-europe/

Americans go egg hunting in Europe

As Americans gripe about supermarket egg prices, suppliers have tried going hunting in Europe – but without much success.


The requests come amid a growing trade riff between US and its European partners. EPA-EFE/CAROLINE BREHMAN

As Americans keep wringing their hands over skyrocketing egg prices, the United States has been reaching out to European producers to chip in – but Europeans have little help to provide.

“The US have asked virtually every country in Europe,” said Danish industry representative Jørgen Nyberg Larsen.

Larsen said suppliers and industry groups in Germany, Spain, France, the Netherlands, Italy and fellow Nordic countries have received similar requests. 

The requests come amid a growing Trump-driven trade riff between the US and its European partners.

In late February, the US Department of Agriculture (USDA) office in The Hague reached out to European countries regarding potential supplies, Larsen said.

By early March, the USDA followed up with a request to assess the quantities each country could provide. 

“Since then we haven’t heard anything,” Larsen says. 



Market flooding

US consumers experienced a sharp rise in the cost of everyday essentials, and eggs in particular, fuelling economic discontent that played a key role in the US election outcome last year.

Furthermore, a spike in bird flu in North America has pushed prices upwards. Egg prices were a frequent topic during the campaign, and have remained a politically charged issue in the US since Donald Trump was sworn in as president in January.

Last week, Trump stated that the egg prices were down – despite Associated Press reports that eggs prices in the US are actually the highest since the turn of the millennium. 

While Finland has declined to send eggs, other countries are willing to assist. Turkey has agreed to provide the US with 15,000 tonnes of egg to curb prices. Other countries remain primarily focused on ensuring supply for consumers within the EU.

“We don’t have a lot to offer,” said Larsen. 

Another major hurdle potential hurdle for would-be exporters is that the US washes its eggs, a practice that is uncommon in most EU countries and even illegal in parts of the bloc. As a result, any EU egg exports would have to undergo additional processing before reaching US consumers.

[Derby]

https://www.businesstimes.com.sg/international/china-unveils-plan-boost-domestic-consumption

China unveils plan to boost domestic consumption

The plan promises “special initiatives” to stimulate the world’s second-largest economy, which has struggled to sustain a strong recovery since the Covid-19 pandemic


The new plan is part of China’s drive to make domestic demand the main engine and anchor of its economic growth. PHOTO: REUTERS

[BEIJING] China on Sunday (Mar 16) unveiled an action plan it hopes will help Beijing to overcome stubbornly low consumer demand and meet its ambitious growth target, state news agency Xinhua reported.

The plan, issued by the State Council, promises “special initiatives” to stimulate the world’s second-largest economy, which has struggled to sustain a strong recovery since the Covid-19 pandemic.

Beijing faces further headwinds with the return of US President Donald Trump, who has slapped punitive tariffs on a range of Chinese products as part of an ongoing trade war.

The plan, organised into eight sections, “aims to promote reasonable wage growth by strengthening employment support in response to economic conditions”, Xinhua reported.

It intends to grow incomes through property reform, including in rural areas where it calls for “exploring ways to unlock the values of houses legally owned by farmers”, it added.

Mechanisms for stabilising the stock market and the development of financial products for individual investors are also being explored.

Financial institutions will be encouraged to issue more personal consumption loans and set reasonable loan limits, terms and interest rates, Xinhua said.

The plan also mentions linking consumer consumption to broader social goals, and potentially raising pension benefits.

China will consider establishing a childcare subsidy system, and ensure workers’ rights to rest and vacation are legally protected, Xinhua reported.

Beijing is pushing for economic growth of around five per cent this year, Premier Li Qiang announced at the opening session of the National People’s Congress earlier this month.

The new plan is part of China’s drive to make domestic demand the main engine and anchor of its economic growth. AFP

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