Relaxation on the vanilla price front

Good news for consumers: the world market price for vanilla is easing after years of rising prices.

In madagascar, as the world’s largest growing region, exporters expect prices for the "queen of spices" to fall significantly as a result of changes in consumer behavior. "The decline in demand on the international market has led some in madagascar to offer prices far below those of the previous year," explained the head of the vanilla exporters association, georges geeraerts.

hammelburg town library: more visitors and loans

Karin wengerter’s annual report for 2019 is positive: "we have more readers, more loans and more visitors", the head of the city library summarizes the figures: after 50120 in 2018, the automatic payment registered 51 955 visitors last year. That’s 3.5 percent more. "On average, 253 people come to us every day", the graduate librarian calculates.

"It must be easy to become a reader", is one of the goals of karin wengerter and her team. However, the visitors not only read and borrow newspapers, magazines and books. The city library offers guided tours for school classes and kindergarten children, a play corner for children, exhibitions, lectures and computers for surfing the internet.

tv manufacturer loewe: out of the crisis and into the crisis

Loewe is once again facing a financial crisis. However, the company wants to reorganize itself by means of a preliminary insolvency procedure on its own initiative.As early as the 1990s, a development began in the consumer electronics market that has determined the future path of traditional companies like loewe to this day. Asian competition is flooding into the market, fueling the creeping decline of an industry that is still struggling to hold its own in the face of cheap production and price wars. For the kronach-based company, this meant declining sales and ever-increasing uncertainty in the 00s, especially for the 1000 or so employees who were facing an uncertain future.

2010 – 2012: red figures

This is the prediction of a study by the boston consulting group, which was presented by the consulting firm and the internet company google at the world economic forum (WEF) in davos.

"No company can afford to ignore this trend," said david dean, co-author of the study. "Go digital" is the mandatory motto for any company that wants to profit from the "dramatic worldwide transformation of the internet". The driving force is the foreseeable enormous increase of internet users all over the world from currently 1.9 billion to about 3 billion in the next four years.