Thieves Reportedly Stole $500,000 of Olive Oil After Drought Boosted Prices, Turning It Into ‘Liquid Gold’
September 7, 2023
Thieves in Spain made off with $500,000 worth of extra virgin olive oil as prices for the liquid gold have surged due to drought and reduced production. The theft, which involved at least 50,000 liters of olive oil stored in a warehouse, prompted an investigation by the country’s Civil Guard. Spain’s olive oil production has dropped by 50% compared to the previous year, driving up prices by approximately 15% in Spanish supermarkets.
Recent News
Consumer Confidence Drops Due to Rising Inflation Worries
Consumer sentiment took a hit as inflation concerns soared, despite otherwise positive signals in the economy, according to a recent survey.
UK Economic Growth Quickly Exits Recession
Britain’s economy has recently shown promising signs of recovery, with the first quarter of 2024 witnessing the strongest growth in almost three years.
Taco Bell Finally Releases Cheez-It Collaboration
Taco Bell’s collaboration with Cheez-It is finally hitting restaurant locations this summer, marking the debut of one of its most highly anticipated test menu items.
Target Removes LGBTQ Pride Month Products From Some Stores
Target Corporation has made a strategic move regarding LGBTQ-themed merchandise for this year’s Pride Month in June.