Trump says peace deal will be signed on Sunday; Iran says it may take days
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Fore...
What began as a viral TikTok video has now left shelves bare and pistachio prices surging. Dubai chocolate, a luxury milk chocolate bar filled with pistachio cream and delicate kataifi pastry, has taken the world by storm. And the nut that gives it its green glow? In dangerously short supply.
Originally crafted by boutique Emirati chocolatier FIX in 2021, the bar exploded in popularity after a TikTok video late last year racked up over 120 million views. Influencers, foodies and retailers scrambled to get in on the craze. Knock-off versions from Lindt, Läderach and even British supermarkets like Morrisons followed fast.
But with fame came pressure. Pistachio kernels — the shelled green nuts used in these bars — are now scarce. According to industry expert Giles Hacking from CG Hacking, the price per pound has jumped from $7.95 to $10.30 in just a year. “The pistachio world is basically tapped out at the moment,” he told the Financial Times.
A poor U.S. harvest in 2023 had already tightened supply. American growers produced higher-quality nuts, which are sold whole and shelled — leaving fewer of the cheaper, shelled kernels for manufacturers. Iran, the world’s second-largest producer, has been shipping more pistachios to the UAE, with exports jumping 40% in six months. That’s helped feed demand in Dubai, but left other buyers short.
The result? Long queues outside chocolate shops, rationing in some stores, and a spike in prices that’s rattling supply chains well beyond the Gulf. In Germany, people have lined up outside Lindt boutiques for a chance at limited edition Dubai bars.
“This came out of nowhere,” said Charles Jandreau of the Prestat Group. “Suddenly you see it in every corner shop.”
The world’s sweet tooth has spoken. But the cost of viral delight is now being measured in nuts — and rising fast.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
Every June, roughly 13 million young people in China sit down at the same time to take the same test. They have been preparing for it, in many cases, since primary school. Their families have rearranged their lives around it.
European museums are increasingly returning cultural artefacts to countries in Africa and the Middle East, as pressure grows to address the legacy of colonialism and disputed ownership.
Uganda’s health ministry has raised concerns over what it described as unfair travel restrictions imposed during the current Ebola outbreak, warning that such measures risk undermining transparent reporting. .
Georgia is overhauling its migration laws in one of the most significant legal reforms in years, introducing criminal penalties for fake marriages, tighter controls on foreign students and expanded investigative powers for the migration authorities.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 13 June, covering the latest developments you need to know.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment