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Scoop.it!
Extra £6.6m in support takes total to £10m, after criticism supermarket was not paying ‘fair price’ for pork 
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The Chinese telecoms giant is also pivoting into coal mining technology amid US sanctions on its phones.
Graham Watson's insight:
Nice diversification activity going on here - and possibly a chance to raise the concept of economies of scope - with Huawei moving away from its core telecoms business and looking at applying its technology to things as far removed as pig farming - with pork being China's most popular meat - and coal mining.
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British farmers say urgent help needed to stop more going out of business, as Waitrose extends £16m lifeline
Graham Watson's insight:
Britain's pig farmers are calling for support from supermarkets, arguing that unless Tesco is prepared to match Waitrose in offering the sector financial support as well as a fair price for their products, a number of pig farmers are going to go out of business.
The suggestion is that rising costs, in part due to the conflict in the Ukraine, means that pig farmers are selling at a loss, and this is unsustainable in the long-term. You might want to think about why they are prepared to sell at a loss at all.
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The long read: As Chinese demand for pork grows and grows, traditional small-scale farms are being replaced by vast, AI-assisted operations that feel more like smartphone factories than bucolic countryside havens
Graham Watson's insight:
Lots of potential starting points here - the income elasticity of demand for pork in China, changing consumer tastes, innovation and AI, economies of scale, the potential for negative externalities, the implications for the supply of pork, and the quality of pork produced.
There's just some much economics that you could extract from this article if you were so inclined.
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It seems as though supermarkets have listened to pig farmers and offered more support - £6.6m more - bringing the total package to £10m.
Which is nice - but you could argue that perhaps not exploiting their monopsony power and paying a fair price in the first place might be a more sustainable solution.