Chart of the week: Expect a cocoa crunch

Cocoa price chart

Global demand for cocoa is soaring, says Alexandra Wexler in Barron’s. Chocolate sales have rebounded to 2008 levels and are growing as increasingly wealthy consumers in emerging markets buy more of it.

The growing popularity of cocoa-rich dark chocolate also fuels demand. But supplies have stagnated as land originally set aside for cocoa has been used for other commodities, so stockpiles are dwindling. A ‘cocoa crunch’ is looming.

• Stay up to date with MoneyWeek: Follow us on TwitterFacebook and Google+

Paul Hodges: house prices could fall 50% in 'Great Unwinding'

Merryn Somerset Webb interviews Paul Hodges about deflation, the global economy's 'Great Unwinding', and how Britain's house prices could halve.


Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.


26 January 1808: Australia's Rum Rebellion

On this day in 1808, Major George Johnson carried out the only forceful takeover of power in Australian history during the Rum Rebellion.