Cocoa Cartel Stirs Up Global Chocolate Market

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cocoa cartel stirs up global chocolate market: KONA, Ghana—An international cartel is coming for your daily chocolate fix.

The West African nations of Ivory Coast and Ghana, which combined produce more than 60% of the world’s cocoa, have banded together to form their own chocolate-coated version of the Organization of the Petroleum Exporting Countries.

Like OPEC, whose control over crude…

Credit: WSJ.com






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