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Word: perring (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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Fair Trade pays $1.55 per lb. for Antonio's organic coffee, almost 10% more than the market price. But Antonio is left with only 50¢ per lb. after paying Fair Trade cooperative fees, government taxes and farming expenses. By year's end, he says, from the few thousand pounds he grows, he'll pocket about $1,000 - around half the meager minimum wage in Guatemala - or $2.75 a day, not enough for Starbucks' cheapest latte. The same holds true for other Guatemalan growers, like Mateo Reynoso, also from Quetzaltenango. Without Fair Trade, he says, "we wouldn't be growing coffee...

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

...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 »

...state that takes its name from the First Amendment (which begins, "Congress shall make no law respecting an establishment of religion"). This case has been in the court system since early 2000, before Congress's involvement. The National Park Service's attempt to transfer the land to the VFW, per the 2003 congressional order, has been viewed by the lower courts as an illegal way of circumventing repeated rulings compelling it to remove the cross. (Once the land is considered private property, the Establishment Clause no longer applies.) The Supreme Court will be asked to sort out the issue...

Author: /time Magazine | Title: Five Supreme Court Cases to Watch This Term | 10/5/2009 | See Source »

Salazar v. Buono At issue: Whether the government can permit the display of a crucifix on public land as per the Establishment Clause...

Author: /time Magazine | Title: Five Supreme Court Cases to Watch This Term | 10/5/2009 | See Source »

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