Food Industry
Sheinbaum promises to review IEPS with Cooperativa Pascual
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President Claudia Sheinbaum addressed Cooperativa Pascual's concerns over the IEPS increase on sugary drinks, promising meetings with the Mexican company. The 40-year-old cooperative warned of disproportionate impacts on national firms. Sheinbaum stressed the need to reduce sugar content in beverages.
Michelin-starred chef Anh Sung-jae, known as a judge on Netflix's 'Culinary Class Wars,' is actively promoting Korean beef, pork, and seaweed. He participated in a Singapore event celebrating Jeju Island's beef and pork exports, and featured in the documentary 'The K-GIM Revolution' to highlight gim's quality. These efforts aim to expand Korean agricultural and fishery products in global markets.
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Smithfield Foods, owned by Chinese company WH Group, has announced the acquisition of the iconic Nathan’s Famous hot dog brand for $450 million. The deal brings a symbol of American culinary history under foreign ownership. Nathan’s, founded in 1916, is known for its Coney Island roots and annual hot dog eating contest.
Tyson Foods has agreed to stop using the term 'climate smart' for its beef products following a lawsuit by environmental group EWG. The settlement requires independent verification for any future net-zero emissions claims. Advocates hail the move as a win against greenwashing in industrial agriculture.
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A comprehensive Lancet analysis warns of the consequences of highly processed foods, which contribute globally to obesity, diabetes, and mental illnesses. 43 experts call for a global response similar to that against the tobacco industry. In Germany, such products make up half of supermarket offerings.