Trending Now
We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
{{ subpage.title }}
U.S. President Donald Trump salutes as he attends the annual White House Easter Egg Roll, in Washington, D.C., U.S., on April 21, 2025.
HARD NUMBERS: Trump rolls real eggs, UAE seeks AI’s help, White House nixes safety jobs, South China Sea gets battle-tested, Gold rush, Senior US official robbed
30,000: Rising egg prices don’t seem to have hit the White House, as nearly 30,000 real eggs adorned the White House lawn Monday morning for the 147th annual Easter egg roll. Donald Trump paid tribute to Pope Francis, defended embattled US Defense Secretary Pete Hegseth, and shared photos with the Easter bunny.
1: Hey ChatGPT, can you propose some new legislation for the United Arab Emirates? Yes, the Emirati nation plans to become the first country to harness the power of artificial intelligence to propose new legislation.
875: Out of the roughly 1,000 National Institute for Occupational Safety and Healthjobs, the Trump administration has cut 875 of them as part of its broader effort to slash the number of federal employees. This move could especially harm former coal miners – who often suffer from lung disease – as NIOSH has helped them find work outside the mines.
14,000: More than 14,000 American and Filipino soldiers – 9,000 from the US, 5,000 from the Philippines – are participating in a “full battle test” this year, amid mounting tensions in the South China Sea. The coordinated drill will also feature soldiers from Australia, Canada, France, Japan, and the United Kingdom. The exercise, which started on Monday, will run for three weeks.
$3,400: An age-gold problem: The price of gold surpassed $3,400 on Monday amid fears over the future of the global economy and concerns for the Federal Reserve’s independence. A year ago today, the price of gold was at $2,384.
$3,000: A thief swiped US Homeland Security Secretary Kristi Noem’s bag while she was having dinner in Washington, DC, on Sunday night, taking her passport, makeup bag, checkbook, and $3,000 in cash. Police officers have not yet caught the thief, believed to be a white male.A farmer opens a cocoa pod at a cocoa farm in Azaguie, Ivory Coast, October 22, 2019. Picture taken October 22, 2019.
Why Easter chocolate cost so much this year
The Easter Bunny is sweating over his chocolate bill this year thanks to rising prices. A ton of cocoa runs you a cool $10,000 today, double what it cost a month ago and triple what it cost this time last year. Still, the West African farmers who grow the world’s favorite treat have yet to see a windfall.
The culprit? Three straight years of bad harvests have led one manufacturer to estimate the supply of cocoa will fall some 500,000 tons short of demand in 2024. That’s about a 10% deficit – and part of the reason cocoa is growing in value faster than bitcoin.
Côte d’Ivoire and Ghana grow more than half of the world’s cocoa, mostly on small family farms. A combination of changing weather patterns and a growing problem with diseases are yielding fewer and fewer beans from each tree.
Farmers usually don’t benefit from higher prices on commodity exchanges in New York and London, since the governments in Accra and Yamoussoukro set fixed prices ahead of each growing season. This year, that was roughly $1,600 a ton. The practice has long left farmers underpaid and leads to underinvestment in their farms, which compounds dwindling productivity.
Long term, analysts say chocolate prices for consumers could double. With no easy way to boost production, this means the Easter Bunny may face an even bigger hop into next year’s baskets.