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Red Dye No. 3 Ban: Impact on Food and Pharma Sectors

Red Dye No. 3 Ban: Impact on Food and Pharma Sectors

The U.S. Food and Drug Administration (FDA) has finally moved to ban Red Dye No. 3, a synthetic food coloring linked to behavioral issues in children and cancer in animal studies. This action, coming decades after the dye was barred from cosmetics due to similar concerns, will have ramifications across the food and pharmaceutical industries. The FDA’s decision follows a 2022 petition from food safety advocates and sets a 2027 deadline for manufacturers to reformulate products currently c...

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Hanukkah’s Unexpected Economic Impact: A Global Market Analysis

Hanukkah’s Unexpected Economic Impact: A Global Market Analysis

Hanukkah’s Global Economic Spark: More Than Just Latkes

While Hanukkah, the eight-day Jewish festival of lights, is primarily a celebration of religious and cultural significance, its economic impact reverberates across the globe, far exceeding the simple sales of dreidels and latkes. This year, the festival’s influence on various sectors provides a fascinating lens through which to analyze contemporary market trends and consumer behavior.

The Gift-Giving Economy: A Booming Sec...

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