Latest Flour and baked goods manufacturing News

World Bank agrees $500m to help Egypt fund wheat purchases

Jun. 29, 2022 08:45 AM EDT

CAIRO (AP) — Egypt will receive a $500 million loan from the World Bank to help finance its wheat purchases as prices skyrocket because of the Russian invasion of Ukraine, the bank said Wednesday. The funds, approved Tuesday by the World Bank Board of Executive Directors, aim at...

Camino pilgrims help rural Spain’s emptying villages survive

Jun. 19, 2022 06:04 AM EDT

TERRADILLOS DE LOS TEMPLARIOS, Spain (AP) — Amid the vast grain fields of Spain, a medieval church stands guard over the handful of adobe homes where some 50 people live — and twice as many travelers along the Camino de Santiago spend the night this summer. Terradillos de los...

Buckeye baker finds sweetness after racist customer exchange

Jun. 17, 2022 14:20 PM EDT

BUCKEYE, Ariz. (AP) — A suburban Phoenix baker is getting some sweet support after an order was canceled over her race. Victoria Hernandez, a licensed home baker and owner of Mariah's Butterfly Bakery, shared texts on social media of a racist exchange with a client. ...

'I can’t see the light': War fuels surging prices in Europe

May. 20, 2022 06:30 AM EDT

MILAN (AP) — Edoardo Ronzoni inspects a construction site near Milan that he shut down in March as costs for materials skyrocketed. He can’t complete a half-built roundabout at an intersection known for fender-benders because asphalt, cast-iron pipes and concrete are too expensive — prices...

Iran raises prices of food staples, stirring panic and anger

May. 12, 2022 13:24 PM EDT

DUBAI, United Arab Emirates (AP) — Iran abruptly raised prices as much as 300% for a variety of staples such as cooking oil, chicken, eggs and milk on Thursday. Scores of alarmed Iranians waited in long lines to snatch up bundles of food and emptied supermarket shelves across the country in the...

World Bank grants Lebanon $150 million food security loan

May. 09, 2022 09:14 AM EDT

BEIRUT (AP) — The World Bank approved a $150 million soft loan for food security in crisis-hit Lebanon to stabilize bread prices during the coming months, the economy minister said Monday. Amin Salam told reporters that the loan has a very low interest rate but the minister did...

Hungary extends cap on fuel and food prices to July 1

Apr. 27, 2022 10:27 AM EDT

BUDAPEST, Hungary (AP) — Hungary's government has extended a price cap on fuel and some basic food items by two more months as consumer prices continue to rise in the Central European country, the prime minister said Wednesday. Prime Minister Viktor Orban said in a Facebook video...

La Baguette, a French bakery in Delaware, continues to rise

Apr. 24, 2022 09:12 AM EDT

DOVER, Del. (AP) — For the past five years, a local couple have been taking their customers on a culinary tour of France from right here in Dover, and they plan to continue for many years to come. Anita Wheeler-Bezy and her husband, chef Ludovic “Ludo” Bezy, are celebrating...

Lebanon expects deal with World Bank on food security

Apr. 19, 2022 13:06 PM EDT

BEIRUT (AP) — Lebanon is close to reaching an agreement with the World Bank in which the international agency would give the crisis-hit country a $150 million loan for food security and to stabilize bread prices for the next six months, the economy minister said Tuesday. Amin Salam...

Family to blame for lively Puerto Rican bakery in Delaware

Apr. 17, 2022 09:12 AM EDT

MILFORD, Del. (AP) — Laughter intermingles with the sharp and smoky smell of pork slow-cooking in the kitchen. One of the owners of My Sister’s Fault, Angie Robles, calls out from behind the counter, “Buenos días, Julio,” to a recently retired customer who has found himself...