It may seem strange but coffee has not been around forever.In fact it was not discovered until around 600AD in the Middle East and only came into Europe in the 16th Century.Throughout the years it has spread around the world and become an international trade. How was the magic of this obscure plant discovered? How did this plant from Ethiopia become one of the largest commodity industries in the world? There are a …
showed first 75 words of 3229 total

showed last 75 words of 3229 total
…International Coffee Agreement. During the five-year period when this agreement was in effect, 41 exporting countries and 25 importing countries agreed to its terms. The agreement was re-negotiated in 1968, 1976 and 1983. Participating nations failed to sign a new pact in 1989 and, as a result, world coffee prices plunged. There were a series of crop failures, most notably in Brazil in the early 1990s which meant that coffee prices increased dramatically. Only recently have prices begun to drop again.