Market News

Coronavirus pandemic ‘will cause famine of biblical proportions’

he world is facing widespread famine “of biblical proportions” because of the coronavirus pandemic, the chief of the UN’s food relief agency has warned, with a short time to act...

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Huge trouble if following the pandemic… or perhaps not?

COVID-19 has overshadowed the climate crisis as governments scramble to protect the health of citizens without cratering their economies, but the pandemic could still open a fast-track pathway -– albeit...

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International beef-trends keep changing

The Asian country is expected to import 2.2 million tonnes of beef in 2020. In 2019, China has increased its beef consumption by 11% to reach 8.33 million tonnes, with...

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Wholesale shopping is radically transforming

The continuous spread of the coronavirus epidemic and the restrictions imposed in the name of protection have significantly reshaped everyday life, to which everyone is trying to adapt – hellovidek.hu...

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BKIK: commercial real estate rents have to be restructured during the crisis

The Budapest Chamber of Commerce and Industry (BKIK) has developed a 7-point package of proposals to address the real estate rental situation of businesses, asking the government to set rents...

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Nébih initiates inspections because of illegally sold foreign meat

The National Food Chain Safety Office (Nébih) initiates inspections at chain stores if there is a suspicion that pork from abroad is being sold in Hungary in an illegal manner....

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Agriculture is problematic in the long run

The coronavirus pandemic is relegating the economy to an unprecedented level 100 years ago, bringing corporate bankruptcies, unemployment is skyrocketing, and it is possible that living standards will only reach...

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People are no hoarding toilet paper anylonger

People are more interested in puchasing essential items for home office and digital schooling, such as webcams. Toilet papers are not selling that well anymore, MTA’s reserarcher informed ATV on...

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That’s why we suffer in home office

The social distancing measures that have recently been introduced due to the coronavirus pandemic, have forced many people to work from home; for many of them this will be the...

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Set a negative record for business sentiment in Germany – ifo

In April, business sentiment in Germany fell to its lowest level ever in a recent survey by the Munich-based ifo economic research institute. In a survey sent to MTI on...

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More and more slaughterhouses are closing in the United States

After several large meat processors, more and more slaughterhouses are closing in the United States due to the coronavirus pandemic – according to a report by the U.S. Public Service...

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Vertical management faces serious challenges

Although the vertical farming sector has collected more than 1 billion USD in support since 2015, the sector faces serious challenges – agrarszektor.hu wrote. < / h2>   Vertically, global...

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Vegetables became almost 30 percent more expensive in April in Germany

The fresh food market has been shattered by the coronavirus epidemic in Germany, with some product prices rising sharply and others falling – a survey found vegetables cost almost 30...

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Swedish research: filtered coffee is the healthiest

Scientists have researched the healthiest way to make coffee: examining the relationship between different methods and heart attack and mortality, the survey has found that filtered coffee is best for...

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Almost every store in Israel can open

In Israel, as part of a new phase of facilitation, almost every store can open from Saturday night, with only indoor shopping malls remaining closed – the public service radio...

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A hacker attack thwarted the auctioning of the world’s largest private whiskey collection

The auctioning of the second large lot of the world’s largest private whiskey collection had to be postponed indefinitely because of a hacking attack against the Perth-based Whiskey Auctioneers auction...

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Panic-shopping causes more trouble than the lack of goods

The COVID epidemic has severely affected several sectors of the economy, but despite assumptions, agriculture and the food industry have not stopped. In contrast, panic shopping, which can be traced...

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(HU) Stresszhelyzetben a növények is kiabálnak

MIT engineers can closely track how plants respond to stresses using sensors made of carbon nanotubes. MIT engineers have developed a way to closely track how plants respond to stresses...

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The Roland Garros-winner tennis player now works in a grocery store

The corona pandemic has taken tennis pro Kevin Krawietz to work in a grocery store. A year ago, German Kevin Krawietz won a doubles championship with his compatriot Andreas Mies...

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Unknown waters – About leaders’ modesty and empathy

How does the coronavirus situation and the related economic environment affect senior management expectations? What are the leadership qualities that are now gaining in value and can best help you...

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NAK is helping domestic food producers with another campaign

The National Chamber of Agriculture (NAK) has launched its “I buy domestic!” campaign. The main goal of the campaign is to draw the attention of consumers to the choice of...

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A few thousand company executives were asked what the expect from the crisis

Worldwide, nearly two-thirds of economic leaders expect a protracted crisis and a fifth expect a double crisis. According to a tenth of leading business people, the epidemic threatens the mere...

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Fight broke out between tenants and landlords

The Hungarian National Trade Association calls on the government to create a clear legal environment for the lease of business premises and service locations by regulation. The Hungarian National Trade...

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More than 400,000 people are already looking for work in Hungary due to the epidemic

The beginning of the year was promising until the announcement of the COVID-19 virus emergency. However, since 11 March, the situation has changed dramatically: a recent, representative survey found that...

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Podcast: Győrffy Balázs and Zászlós Tibor discussed on domestic animal husbandry

Győrffy Balázs, President of the National Chamber of Agriculture and Zászlós Tibor, President of the Association of Hungarian Livestock Breeders, discussed the situation of domestic animal husbandry.  ...

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Euler Hermes: How many companies can become insolvent this year

Due to the brutal economic shock caused by the pandemic, the number of corporate insolvencies will increase by 20-25 percent globally this year, but each economic region will suffer from...

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The do it yourself! movement was resurrected by the epidemic

Breadmakers, hair clippers and garden tools – it seems that Hungarians began to miss these from their households when they set up for quarantine life. As MediaMarkt’s recent sales figures...

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There are still no people for agricultural tasks

Labor released by the difficulties of other sectors can only partially address the acute labor demand of agriculture. Among the laid-off workers, mainly those who already have experience in this...

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The Hungarian Bread program will be launched this year as well

The Bread of Hungarians – a charity program for 15 million wheat grains – will be launched again this year, according to a joint statement sent to MTI by MAGOSZ...

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How milk is counterfeited

Did you know that in addition to “self-explanatory” watering, both goat’s milk and cow’s milk are used to counterfeit the other product? What about whey and soy milk? What about...

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