Daily Archives: November 15, 2016

  • The decline in olive oil revenues in Tunisia has played role in country trade deficit

    Tunisia’s trade deficit has worsened during the first ten months of 2016 to 10,781.2 million Tunisian dinars (MTD), compared with 10,237 MD in the same period 2015, according to the results of foreign trade published by the National Institute of Statistics.

    As a result, import coverage by exports declined by 0.5 percentage points to 68.4% from 68.9% in the same period of 2015.

    This trade deficit is due to the deficit recorded in the energy balance (2,672.5 MTD compared to 2,947.8 MD in 2015), which represents 24.8% of the overall deficit and also in the balance of food (-884 MTD against a surplus of 143.3 MD in 2015), due to the decrease in the quantities of exported olive oil.

    Exports of agricultural and food products fell by 31%, following the decline in olive oil revenues (662.9 MTD in 2016 compared with 1,785.6 MTD in 2015).

    source

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    Tunisia’s trade deficit has worsened during the first ten months of 2016 to 10,781.2 million Tunisian dinars (MTD), compared with 10,237 MD in the same period 2015, according to the results of foreign trade published by the National Institute of Statistics. As a result, import... 
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  • Seminar to teach children about extra virgin olive oil

    The crowd facing olive oil sommelier Nicola Di Noia was well-behaved but not always attentive.

    Some began to tune out when he started talking about the importance of buying extra virgin olive oil at a specialty shop and not to skimp by buying any old €3 bottle at the supermarket.

    Others were already busy with the colouring books and pencils laid out on the long tables in the conference room of the luxurious Rome Cavalieri Waldorf Astoria. But Di Noia was unfazed.

    Adulterated and even fake olive oil is widespread, according to studies. Just how big is the problem, and how can you avoid being caught out?

    “Extra virgin olive oil is a fruit juice. It should be a little bitter. Don’t be afraid if it’s bitter,” he said.

    An hour in, some restlessness was understandable. They were just children. Forty of them, aged four to nine, who had been brought by their parents – about a third of whom were also trained sommeliers, some of olive oil and some of wine – to a seminar to teach children about extra virgin olive oil.

    The event was not a typical rite of passage for Italian youth. But it did point to the importance many Italians place on maintaining the country’s cultural and culinary heritage, a subject Di Noia said is often studied and appreciated more by tourists from Germany, Japan, and France than Italians.

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    The crowd facing olive oil sommelier Nicola Di Noia was well-behaved but not always attentive. Some began to tune out when he started talking about the importance of buying extra virgin olive oil at a specialty shop and not to skimp by buying any old €3 bottle at the supermarket. Others... 
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