World
PepsiCo products are being pulled from some Carrefour grocery stores in Europe over price hikes
PARIS (AP) — Global supermarket chain Carrefour will stop selling PepsiCo products in its stores in France, Belgium, Spain and Italy over price increases for popular items like Lay’s potato chips, Quaker Oats, Lipton tea and its namesake soda.
The French grocery chain said it pulled PepsiCo products from shelves in France on Thursday and added small signs in stores that say, “We no longer sell this brand due to unacceptable price increases.”
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It comes as a new French law meant to fight the rising cost of living has supermarkets facing millions in fines if they don’t reach a deal with suppliers on prices by the end of the month.
The ban also will extend to Belgium, Spain and Italy, but Carrefour, which has 12,225 stores in more than 30 countries, didn’t say when it would take effect in those countries.
PepsiCo products were still on shelves Friday in Rome and Barcelona. Carrefour Italia’s press office said information will be posted for customers in their stores in Italy in the next days.
PepsiCo said in a statement that it has “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.”
The company behind Cheetos, Mountain Dew and Rice-A-Roni has raised prices by double-digit percentages for seven straight quarters, most recently hiking by 11% in the July-to-September period.
Its profits are up, though higher prices have dragged down sales as people trade down to cheaper brands. PepsiCo also has said it’s been shrinking package sizes to meet consumer demand for convenience and portion control.
“I do think that we see the consumer right now being more selective,” PepsiCo Chief Financial Officer Hugh Johnston told investors in October.
The Purchase, New York-based company said price increases should ease and largely align with inflation, which has fallen considerably worldwide since crunched supply chains during the COVID-19 pandemic and then Russia’s war in Ukraine sent prices surging.
However, the 20 European Union countries that use the euro currency saw consumer prices rise to 2.9% in December from a year earlier, rebounding after seven straight monthly declines, according to numbers released Friday.
Prices for food and non-alcoholic drinks have eased from a painful 17.5% in the 20-country euro area in March but were still up by 6.9% in November from a year earlier.
The government of French President Emmanuel Macron has fought back on the rising cost of living for households, passing a November law to implement “emergency measures” to fight high prices.
The law moved up annual negotiations between supermarkets and their suppliers on setting prices and more to Jan. 31 from March 1. Fines have been increased to 5 million euros ($5.5 million) for grocery companies that fail to meet the new deadline for setting prices.
Burt Flickinger III, managing director of grocery consultancy Strategic Resource Group, said he thinks PepsiCo was targeted because the company has been one of the most aggressive in raising prices. He thinks other big brand names could be next and that other European retailers could follow Carrefour’s lead.
Pulling products off shelves over prices is rare, but it happens. Flickinger noted that Kraft Heinz stopped supplying British retailer Tesco with some of its items in 2022 for a week over a pricing spat.
In the U.S., several grocery sellers including Walmart have expressed displeasure at consumer product companies’ moves to keep pushing up prices even as overall inflation has come down. Particular problem areas had been packaged foods and household goods.
Walmart’s CEO Doug McMillon said in May that, “We all need those prices to come down.”
Stew Leonard Jr., president and CEO of Stew Leonard’s, a supermarket chain with stores in Connecticut, New York and New Jersey, told said in July that he warned the big consumer product companies that he wouldn’t accept any more price increases because he believed customers had reached a tipping point. But he noted on Friday that price increases have eased for many items, except for meat.
“It’s hard to justify price increase when overall costs are coming down,” Leonard said.
For its part, PepsiCo has pointed to higher costs for grain and cooking oil for its rising prices. Costs for those food commodities surged following Russia’s invasion in Ukraine but fell considerably on global markets last year from record highs in 2022.
The U.N. Food and Agriculture Organization said Friday that its food price index was 13.7% lower in 2023 than the year before, but its measures of sugar and rice prices grew in that time. That overall relief still is not being felt by families at supermarkets.
World
Map: 6.4-Magnitude Earthquake Shakes the Philippine Sea
Note: Map shows the area with a shake intensity of 4 or greater, which U.S.G.S. defines as “light,” though the earthquake may be felt outside the areas shown. The New York Times
A strong, 6.4-magnitude earthquake struck in the Philippine Sea on Wednesday, according to the United States Geological Survey.
The temblor happened at 11:02 a.m. Philippine time about 17 miles east of Santiago, Philippines, data from the agency shows.
U.S.G.S. data earlier reported that the magnitude was 6.7.
As seismologists review available data, they may revise the earthquake’s reported magnitude. Additional information collected about the earthquake may also prompt U.S.G.S. scientists to update the shake-severity map.
Aftershocks in the region
An aftershock is usually a smaller earthquake that follows a larger one in the same general area. Aftershocks are typically minor adjustments along the portion of a fault that slipped at the time of the initial earthquake.
Quakes and aftershocks within 100 miles
Source: United States Geological Survey | Notes: Shaking categories are based on the Modified Mercalli Intensity scale. When aftershock data is available, the corresponding maps and charts include earthquakes within 100 miles and seven days of the initial quake. All times above are Philippine time. Shake data is as of Tuesday, Jan. 6 at 10:16 p.m. Eastern. Aftershocks data is as of Wednesday, Jan. 7 at 12:18 a.m. Eastern.
Maps: Daylight (urban areas); MapLibre (map rendering); Natural Earth (roads, labels, terrain); Protomaps (map tiles)
World
Pope Leo calls for Christians to treat foreigners with kindness as he closes Catholic Holy Year
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Pope Leo XIV closed the Catholic Church’s Holy Year on Tuesday by urging Christians around the world to help people in need and treat foreigners with kindness.
Leo, who has repeatedly stressed the importance of caring for immigrants during his papacy thus far, said at a Vatican ceremony that the record 33.5 million pilgrims who visited Rome during the Holy Year should have learned not to treat people as mere “products.”
“Around us, a distorted economy tries to profit from everything,” Leo said. “After this year, will we be better able to recognize a pilgrim in the visitor, a seeker in the stranger, a neighbor in the foreigner?”
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Pope Leo XIV closed the Catholic Church’s Holy Year by urging Christians around the world to help people in need and treat foreigners with kindness. (David Ramos/Getty Images)
Holy years, or jubilees, typically happen every 25 years, considered to be a time of peace, forgiveness and pardon. Pilgrims to Rome can enter special “Holy Doors” at four Rome basilicas and attend papal audiences throughout the year.
Leo shut the special bronze door at St. Peter’s Basilica on Tuesday morning, which officially marked the end of the Holy Year.
The next Holy Year is not expected before 2033, when the Catholic Church may hold a special one to mark 2,000 years since the death of Jesus.
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Pope Leo XIV said the record pilgrims who visited Rome during the Holy Year should have learned not to treat people as mere “products.” (Alberto PIZZOLI / AFP via Getty Images))
On Monday, the Vatican and Italian officials said pilgrims to Rome for the 2025 jubilee came from 185 countries, with the majority from Italy, the U.S., Spain, Brazil and Poland.
The 2025 jubilee was opened by the late Pope Francis, who died in April, and closed by Leo, who was elected in May, making him the first American pope.
It was a historical rarity not seen in 300 years for it to be opened by one pope and closed by another. The last jubilee held under two different popes was in the year 1700, when Innocent XII opened the Holy Year that was then closed by Clement XI.
Pope Leo XIV shut the special bronze door at St. Peter’s Basilica on Tuesday morning, which officially marked the end of the Holy Year. (Gregorio Borgia/AP)
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Leo, who has promised to keep Francis’ signature policies such as welcoming gay Catholics and discussing women’s ordination, echoed his predecessor’s frequent criticisms of the global economic system during his remarks on Tuesday.
The markets “turn human yearnings of seeking, traveling and beginning again into a mere business,” Leo said.
Reuters contributed to this report.
World
How strong are Latin America’s military forces, as they face US threats?
Over the weekend, the United States carried out a large-scale military strike against Venezuela and abducted President Nicolas Maduro in a major escalation that sent shockwaves across Latin America.
On Monday morning, US President Donald Trump doubled down, threatening action against the governments of Colombia, Cuba and Mexico unless they “get their act together”, claiming he is countering drug trafficking and securing US interests in the Western Hemisphere.
The remarks revive deep tensions over US interference in Latin America. Many of the governments targeted by Trump have little appetite for Washington’s involvement, but their armed forces lack the capacity to keep the US at arm’s length.
Latin America’s military capabilities
The US has the strongest military in the world and spends more on its military than the total budgets of the next 10 largest military spenders combined. In 2025, the US defence budget was $895bn, roughly 3.1 percent of its gross domestic product.
According to the 2025 Global Firepower rankings, Brazil has the most powerful military in Latin America and is ranked 11th globally.
Mexico ranks 32nd globally, Colombia 46th, Venezuela 50th and Cuba 67th. All of these countries are significantly below the US military in all metrics, including the number of active personnel, military aircraft, combat tanks, naval assets and their military budgets.
In a standard war involving tanks, planes and naval power, the US maintains overwhelming superiority.
The only notable metric that these countries have over the US is their paramilitary forces, which operate alongside the regular armed forces, often using asymmetrical warfare and unconventional tactics against conventional military strategies.
Paramilitaries across Latin America
Several Latin American countries have long histories of paramilitary and irregular armed groups that have often played a role in the internal security of these countries. These groups are typically armed, organised and politically influential but operate outside the regular military chain of command.
Cuba has the world’s third largest paramilitary force, made up of more than 1.14 million members, as reported by Global Firepower. These groups include state-controlled militias and neighbourhood defence committees. The largest of these, the Territorial Troops Militia, serves as a civilian reserve aimed at assisting the regular army against external threats or during internal crises.
In Venezuela, members of pro-government armed civilian groups known as “colectivos” have been accused of enforcing political control and intimidating opponents. Although not formally part of the armed forces, they are widely seen as operating with state tolerance or support, particularly during periods of unrest under Maduro.
In Colombia, right-wing paramilitary groups emerged in the 1980s to fight left-wing rebels. Although officially demobilised in the mid-2000s, many later re-emerged as criminal or neo-paramilitary organisations, remaining active in rural areas. The earliest groups were organised with the involvement of the Colombian military following guidance from US counterinsurgency advisers during the Cold War.
In Mexico, heavily armed drug cartels function as de facto paramilitary forces. Groups such as the Zetas, originally formed by former soldiers, possess military-grade weapons and exercise territorial control, often outgunning local police and challenging the state’s authority. The Mexican military has increasingly been deployed in law enforcement roles in response.
History of US interference in Latin America
Over the past two centuries, the US has repeatedly interfered in Latin America.
In the late 19th and early 20th centuries, the so-called Banana Wars saw US forces deployed across Central America to protect corporate interests.
In 1934, President Franklin D Roosevelt introduced the “Good Neighbor Policy”, pledging nonintervention.
Yet during the Cold War, the US financed operations to overthrow elected governments, often coordinated by the CIA, founded in 1947.
Panama is the only Latin American country the US has formally invaded, which occurred in 1989 under President George HW Bush. “Operation Just Cause” ostensibly was aimed at removing President Manuel Noriega, who was later convicted of drug trafficking and other offences.
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