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...most coffee growers, Fair Trade is still slightly more lucrative than the open market. Two years ago, the Germany-based Fairtrade Labelling Organizations International (FLO), which sets worldwide prices and standards, raised the minimum per-pound price of nonorganic coffee 9¢, to $1.35 (a dime of which goes to social programs like scholarships for growers' children). That's 15¢ higher than the current market rate. And yet, according to Fair Trade researcher Christopher Bacon of the University of California, Berkeley, the per-pound price that's needed for farmers to rise above subsistence is really more than $2. Farmer advocates...

Author: /time Magazine | Title: Fair Trade: What Price for Good Coffee? | 10/5/2009 | See Source »

...foresaw this dilemma a decade ago, when coffee prices, which had been falling since the end of the Cold War, dropped to as low as 45¢ per lb. Fair Trade was the small farmer's savior during that crisis, paying twice the going rate. Starbucks joined the cause and this year has pledged to double the amount of Fair Trade coffee it buys, to 40 million lb., 40% of the Fair Trade beans the U.S. imports. The company declined to comment on whether Fair Trade's benefits fall short of its vision or how much it would need to raise...

Author: /time Magazine | Title: Fair Trade: What Price for Good Coffee? | 10/5/2009 | See Source »

...enters the bloodstream. Astonishingly, most of the country's arable land is devoted to the plant, which accounts for approximately a third of the country's water usage. And Yemen has very little water to begin with; almost all of it comes from underground aquifers filled thousands of years ago and replenished only very slowly. Experts predict that Sana'a, a city of almost 2 million, could run dry in as few as 10 years. The social upheaval from such an environmental catastrophe and the refugees it could produce might create an even more perfect breeding ground for al-Qaeda...

Author: /time Magazine | Title: Is Yemen the Next Afghanistan? | 10/5/2009 | See Source »

...Spring of 2009, Moss added two case studies relating to the current crisis to the course, which he began formulating over four years ago. He will teach those cases again when the course is offered in the Spring...

Author: By William N. White, CRIMSON STAFF WRITER | Title: HBS Curriculum Adapts to Meltdown | 10/5/2009 | See Source »

While Pohorence said he was not concerned with elaborate strategy in the dual meet, the rest of the squad used a solid game plan to overcome a Bulldog squad that topped the Crimson just two weeks ago...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Crimson Men and Women Runners Sweep Bulldogs | 10/5/2009 | See Source »

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