M23 SAYS HUNDREDS OF BURUNDI SOLDIERS CAPTURED IN LATEST CONGO OFFENSIVE. (PHOTO).

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 M23 says hundreds of Burundi soldiers captured in latest Congo offensive The Rwanda-backed M23 group has captured hundreds of Burundian soldiers during its latest offensive in eastern Democratic Republic of Congo, a rebel official said, as clashes continued despite a warning from the Trump administration. Last week M23 entered the strategic town of Uvira near the border with Burundi, less than a week after the presidents of Congo and Rwanda met in Washington with U.S. President Donald Trump and affirmed their commitment to a peace deal known as the Washington Accords. U.S. Secretary of State Marco Rubio said on Saturday that Rwanda's actions in eastern Congo violated the Washington Accords and vowed to "take action to ensure promises made to the President are kept". Rwanda denies supporting M23 and has blamed Congolese and Burundian forces for the renewed fighting. A United Nations group of experts report published in July said Rwanda exercised command and control over t...
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FRENCH SUPERMARKET CARREFOUR PULLS PEPSICO PRODUCTS OVER 'UNACCEPTABLE PRICE INCREASES '.(PHOTO).

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French supermarket Carrefour pulls Pepsico products over 'unacceptable price increases'
Supermarket chain Carrefour has stopped selling Doritos, Pepsi and other Pepsico brands at its stores in France, Belgium, Italy and Spain amidst a dispute over price hikes, an industry source said Friday. 

We no longer sell this brand due to unacceptable price increases," say tags on shelves in Carrefour's French stores where the Pepsico products once stood. 

The source said the move also affected stores in Belgium, Italy and Spain.

It means consumers will no longer be able to find the iconic products alongside PepsiCo names such as Lay's potato chips, Lipton tea, Quaker Cereals and 7Up.

French retailers are locked in annual negotiations with big food industry firms on prices and other conditions regarding their sale in supermarkets.

"We've been in discussion with Carrefour for many months and we will continue to engage in good faith in order to try to ensure that our products are available," a PepsiCo spokeswoman said, declining to comment further on the talks.

Retailers say they are under pressure from food industry firms to raise prices.

Pepsi's main rival, Coca-Cola, said in November is was seeking to raise its prices an average of 7 percent.

PepsiCo reported in October its sales so far in 2023 had risen by 9 percent on slightly lower food sales and steady beverage sales, an indication it has also raised prices.

It said it expects to boost profits by 13 percent in 2023 and return around $7.7 billion to shareholders in dividends and share buybacks



 

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