What We're Watching
Local farmers in Africa brace for new EU deforestation law
Ivorian farm workers slits cocoa pods to extract the beans in a cocoa plantation of the N'Doucy cooperative near the village of Sokorogbo.
Hans Lucas
Under EUDR, coffee growers hoping to sell to the world’s largest economy will have to digitally map their supply chains down to the plot where the raw materials were grown, a task that could involve tracing millions of small farms in remote regions.
In Ethiopia, where some 5 million farming families rely on coffee beans, orders have been drying up in recent months. Ivory Coast – the world's largest exporter of cocoa – ships around 70% of its annual output to the EU, but half of its crop is sold by local intermediaries and thus difficult to trace.
The law could increase small-scale farmer poverty and raise prices for EU consumers, while also undermining the EUDR's impact on forest conservation, as countries like Ivory Coast are considering declassifying protected forests so that they comply with the EU regulations.
Two weeks ago, President Donald Trump launched a war of choice to topple Iran's regime expecting a quick, clean win.
Last week, Microsoft, Europol, and industry partners took coordinated action to disrupt Tycoon 2FA, a major phishing‑as‑a‑service operation designed to bypass multifactor authentication. Active since 2023, the service fueled large‑scale online impersonation, enabling fraud, data theft, and disruptions across sectors, including healthcare and education. Acting under a US court order, the coalition seized hundreds of domains that powered Tycoon 2FA’s infrastructure — underscoring the need for global, public‑private cooperation to counter industrialized cybercrime and protect digital trust. Read the full blog here.
Australian mining giant Lynas will sell rare earths to Japan for 12 years in a major pact meant to chip away at China’s dominance of the global market.