Tea Biz
Tea Biz

Episode · 2 months ago

Tea Biz News and Insight - September 30, 2022

ABOUT THIS EPISODE

HEAR THE HEADLINES – Tea Consumption Globally Increases to an Average 800 Grams Per Person | The International Tea Committee revised its per capita benchmark, noting a 113% increase in tea consumption during the past 20 years. | Parcel Carriers Hike Rates as Delivery Demand Declines | Tea Drinkers Experience Lower Risk of Diabetes

This week Tea Biz travels to the North American Tea Conference on the shores of Lake Ontario. The three-day conference drew tea professionals from around the world. This year’s conference opened with a status report on global tea presented by Ian Gibbs, head of the International Tea Committee in London.

| NEWSMAKER – Ian Gibbs, Chairman of the International Tea Committee, London

| GUEST – Indian tea grower Padmanabhan Subramaniam 

| FEATURE INTRO – Meet Padmanabhan Subramaniam, a remarkable tea farmer from the Nilgiris whose Facebook series “Knowledge Sharing is Caring” showcases farmers' successes and achievements. 

Knowledge Sharing is Caring – At the height of the COVID pandemic, Indian tea grower Padmanabhan Subramaniam, with the Nilgiris Sustainable Farmers Welfare Association, organized online activities for the small growers in Nilgiris with the theme Knowledge Sharing is Caring. Since then, local tea experts and fellow growers have conducted 78 virtual meetings on all topics related to agriculture.

"We have had guests from India, one guest from the US. The programs cover different topics," says Subramaniam. "We want these farmers to have an idea on how to go with innovative ways of agriculture and upgrade themselves economically. These things we kept in mind and talked about everything from the soil up to the harvest," he says.

The T biz Podcast delivers te news that you need to know, a recap of the week's major headlines with commentary and cultural trends. Hosted by Dan Bolton, it is the voice of origin for t professionals and enthusiasts worldwide. Weekly, the T biz Podcast and t biz Blog offer business insights on the news that most impacts the tea industry. Paired with t Journey magazine for tea enthusiasts, the T biz portal is a global resource providing nuanced coverage for everyone who loves tea. Hello everyone here this week's headlines. Tea consumption globally increases to an average eight hundred grams per person. The International Tea Committee has revised its per capita benchmark, noting a hundred and increase in tea consumption during the past twenty years. Parcel carriers hike rates as delivery demand declines. Tea drinkers experienced lower risk of diabetes plus made a remarkable tea farmer from the nail Greds in India, whose Facebook series Knowledge Sharing and Caring showcases the successes of farmers and how they have achieved them. Moren a minute, But first, this important message. What makes a perfect cup of Ceylon tea. The perfect cup is from the tea businesses that ensure the protection of all the children living within their tea estates. We salute Kailani Valley, telewakily Boga wanthal Awa Harana and Eliptia Tea Estates support Save the Children Sri Lanka. This way, Tebez travels to the North American Tea Conference on the shores of Lake Ontario. The three day conference drew tea professionals from around the world. This year's conference opened with a status report on global tea presented by Ian Gibbs, head of the International Tea Committee in London. Thank you once again for coming back on the podcast, the Tea Biz Podcast. I and UH. We're meeting today in UH at the North American Tea Conference to discuss an overview of the world situation in terms of supply and consumption with the head of the I t C in London. Then it's great to be here and it's been wonderful to be in Niagara in the lake with everyone. It's the first time we've had a chance to meet up well for three three years. Last time we little Ath American Tea Convention was in Miami. Memorable ocation them and it's lovely to meet everyone face to face after three years. ZOOMI. This morning, in your presentation you talked about how although the population has grown significantly in the past twenty years, take consumption has raised far ahead of that. Yes, I think the figures are something like the population of the last twenty years has risen about cent or even less than that, whereas the supply of tea production of tea has gone up a hundred and thirteen percent or something similar that. It's it's gone up hugely, and which means that basically per head of the population, if everyone trying the same, it's gone up roughly from seven fifty grounds ahead to eight hundred grounds a head, and of course about fiftys the world is drinking less than that, and is probably drinking more than that, not includes places like China and India, and Kenya is now getting place to that. But I would just wonder how much of that stop. The problem over supply at the moment...

...is means there's constant pressure on prices, and it means that in real terms, the price of tea is way below what it should be and it's less less way less in real terms and probably in a natural price than it was a hundred years ago. So it's really quite a scary situation. And if we're going to have a sustainable industry, we have got to sort this problem out. And there are whether it's dealing with supply or opening up demand. My view is it's probably a combination of both, but we don't want to see. I mean that there's so many um countries where tea is a very important employee employer and employed important um source of foreign exchange for the country. So it's a vital economic driver for particular countries and support a lot of population, so we need to support them when we need to get this right now. I believe that when you think that there's so many areas in the world which don't even drink tea, the potential for demands increased demand is there, and it's exciting. It's a a challenge, and the way I believe it's got to be done is by working out how these people want to drink tea. It's not a question to say to them, you've got to drink it like this like we do in a bag. I mean, if you look at Malaysia, which is going to see a nice increase in production. In in consumption they have their wonderful teary which is their own tea culture. Similarly, in Turkey they have their anti cuptun and consumption is booming um And in Pakistan consumption is booming. Then in West Africa they drink a lot of green tea. There's a lot of potential in the rest of Africa. Mean Africa produces a lot of tina. They should be looking to the local markets to expand them in the best way they can and find out how these people want to drink it. And that's just an example. There are lots of other potentials as we've got to expand it. We're going to be sharing these insights and more in our coverage on the Tea Based podcast over the next week. Thank you so much for joining us. Thank you. Parcel carrier FedEx Corps valiantly expanded its capabilities to meet a tremendous COVID induce surge and parcel traffic in earning five hundred and sixty seven million in profits last year. This year, the company announced that in January rates would increase by an average of six point nine percent for ground and express delivery and up to seven point nine for its freight business. This in addition to restricting some delivery guarantees and imposing SIR charges. In the past three years, UPS fed x Amazon in USPS the Postal Service have built the capacity to handle a hundred and ten million packages a day in the US and still faced a daily delivery demand shortfall of one point three million packages. According to ship Matrix. This year, daily demand is projected to max out at about ninety two million packages a day. With traffic down, profits fell in two Yet revenue per package is at an all time high of eleven and revenue from express delivery averages twenty four dollars and thirty three cents per parcel. According to Bloomberg News, these price increases aren't FedEx catching up on inflation, writes Bloomberg, revenue per package at ground is of twenty six percent from the same quarter in twenty nineteen and up thirty one compared to the...

...same period for express. The pendulum of consumer spending on goods has swung back to services, and that swing, combined with a declining cushion from government subsidies, lowered profits to a hundred and seventy four million in two fed egg says inflation is eating away at their budget. In response to the slowdown and rising cost the company revised its annual forecast downward and promised investors at two point seven billion dollar reduction and costs to offset the steep decline and package volume. Business insight UPS in contrast, revealed an all in one rate that does away with most of the industry's one hundred search arges discounts will be less generous, but sources told modern shipper than doing away with all but a few surch charges has been under discussion for eight years, and a press release ups rights that customers can remain on the existing plan if they wish. Quote. Some customers place more value on all in pricing, particularly because it can streamline the building process. We strive to help our customers think through the best pricing structure and provide options accordingly. End quote our vendor and enfairment in Bengaluru reports on this week's t auction prices in the at press support for the weekend in twenty four September twenty two. This week, the doct to Such Association of India announced the t r A to g apg MP standard, a sustainability standard towards creating a climate to the zilient t industry certification that will be rolled out from January one. Three was long at the fifty eight annual General Meeting of the t r A in Calcutta last week. In news on doug Link famed calenariescafe issue to protest against Ageeling tea gardens refusing to serve any daggeel Link Tea citing nonpay of bonuses to the tea workers. The Puja festivals underway and this is one of the biggest celebrations in this part of India. Following multiple rounds of talks that ended with no consensus from either planters or unions, the state government had directed the planters to bonus in two installments fifteen per cent before Dastra and five percent before the Valley which comes later in October. In cl thirty eight, the auctions so continue to see a good demand for orthodox ty with exporters from the Middle East and Cis countries active. Major blenders were active for dust grades and only half the daily again was sold. Prices continue to have at the three hundred three of Peace for Kilo Mark Gohati, major blenders were active for both leaves and dusty. However, prices remained similar to last week. In the salt, both prices and sale was similar to the previous week and no word from our sponsor. Q Trade understands that a successful tea blend goes beyond the creative fusion of appearance, aroma and flavor. Our multi award winning product development team is passionate about converting natural ingredients into sensory experiences that customers crave. Every recipe is formulated with a commercial backbone of dependable quality sourcing with a pricing structure that supports as safe, regulated, profitable and scalable blend. Que Trade meets every brand's retail, food service and e commerce need. For more information, visit our website que Trade Tease dot com. But Malaban Supermanu as a farmer from the Givings he was working in combat was a marketing consultant and COVID hit.

We chose to return home to the Nilgaies and in the last two years since he's been back, he has been closely involved with the multive rowers in the region. His Facebook series Knowledge Sharing and Carring showcases the successes of these farmers and how they have achieved it. But an album has also been visiting cities in South India to promote Nigareets record off with him to understand the work he's doing with the s multi rowers in this region. I myself and I'm from the Nile Risks and in the last probably one of enough years after this provid started and back in the Native Initially we just planned some perhaps some activities for the small grows in no place, so we started with the team called Knowledge Sharing and carrying the team we started, we have almost conducted around seventy eight virtual meetings all topics related to agriculture. So we had guests from throughout India and one guest from US also, so we talked on different topics. So we want to have these farmers have an idea about how to go with innovatively of agriculture, how to coromalicly upgrade themselves. So all these things we kept into mind. We talked from soil from the soil up to the harvest developer. This went for not only for Tloe but for all major props in New chris H. Then we had a small uh on field site event. We took some farmers two different fields UH to different research stations across New This just to give them an idea, an upper hand about their agriculture, what they're doing and what they had left out. All these activities we played, UH, we came across one two people who are making a specialty teas and after COVID they were unable to market them. So we thought, okay, we'll just try some try or something for them. So we started this UH specialty tsin session. UH. So we conducted the one in the month of March in uh WoT UH. Then we further expanded a one at Bangor. Then we went for third one and UH in Cuimber two. So in during this all these three sessions we were able to generate around high like business for this multi growth. Who are we were making these specialty ties? So we had around three farmers who benefitted out of this. So know then what we thought was let us try and expand on that. Now we have connected around four draining sessions for them separately to one. We went directly to each village UH and UH taught them how to make these these without any missionary respected with low investment. How this pece can be plucked right from plucking, drying in their home itself, then just planning it out and sun rain, so we'll be buying them way back from them and finding a market for them and sharing their profit with the farmer. Other than this, we also thought that actually initially look at the increase on the whole, they were the fruit cultivation taking place uh in the past. But in recent times we find that we don't...

...find any fruit trace in a large scale innus. For example, if it takes a bath. We were almost around the ten loads of past going from Norbus to Bangalore alone, but now hardly get a bag of fruits uh, fruits available in news itself. So due to some reasons, so all I've vanished like from past. Plums oranges. Oranges are very well known in Nungus and one of our guests who came from meeting virtual meeting, he told that the apples were the origin problem in nengres the wild apples. He was a guest from Himachal. He told that it was the apples in Himachal alto modified one from the wild apples of which founded members. So we got in one person from a nursery, person from Cashmir Uh. So we got all the sampling saplings from Cashman. Now around ten thousand samplings. We have planted apple features pres all these exotic foods. UH brought newcus right from Portugree to kin Korey and Google. We just arranged for the availability of the samplings right from Kashman three year so now these are almost three year old plan. So in next by the next twenty twenty three, we will be able to see the head of these plants, so they all should grow a group. Now in another six to eight months we'll see the harvest of this it goes well, then that will be an additional income for a farmer and that we'll try to expand more, not only on these fruits and another foods like one mat and other things. Also we want to have a market. We want to have a help them help the farmers from marketing their products. So we're right away starting with the specialty tea. That's the main intention and we will slowly go with other crops. One of our volunteers UH Sugar Dave when Mohammed's are belly pin. They both wanted to show Daily Show the farmers that organically vegetables can be grown. So we choose one village that this studaily village in Nel, Greece, we had around h six to eight farmers and that village we just selectively too. We just told them how many whatever extent of land you have, it's no, it's fine, but just give us just twenty cents of that. We call that program sustents. Programmingly, we gave them the inputs for them, We gave the menus for that, the seeds for that. Then encourage them to do this cultivation. We gave them a stage basted what to be done at anciently every state. Then after harvest we collected them those things. Also, this is just to prove that organically vegetables can improved three months and we successfully that did it and all the farmers in that region also we're happy about it and they're just practicing that in this last six months old. The one is you're looking at the small farmer and trying to see how they can have a financially viable agricultural business primarily with tea, but also get into other crops vegetables and fruit. But you're also looking at how you can bring in organic cultivation to the to the farming community. Right, So there are these twin areas that your focus is on. And third is finding a marketing avenue for the all the produce. So why did you choose to work with the small tigers in the in the Nilghaias area. I mean give us some you know, insight into that community, that segment in the nail Gharrias and what have been the challenges and opportunities for the multi gower segments that there are around the sixty five thousand farmers a registered under the key board, Uh,...

...but there are more than that also, so in the off late we found that many of them are selling their land. That's a great concern for a numpres looking at the biodocity and other things options now, Uh, it's very really concerning. So we're just trying to give them this market space of the products so that they don't sell their lands. That is the main intention. The other thing is that they are the price what they're receiving for the green leap of sea is very much, considerably very low. Even today they're just receiving around fourteen to piece. It s will not be sufficient for their maintenance of the FIELDADS. So that is the scenario which is happening in New PRIs. We don't want to stick with the old model of the bottle leap for the auction and other things. We don't want to go take these farmers for governor and education and other things. So we are trying to make something beneficial for them. So we're making them, uh they own, make their own specialty teas. They're teaching them how to do this. Then get back from themselves for them get the money into their pocket itself. So this will at least not only their lifestyle will be sustainable for the year, but the economic condition also will. We want to improve that. That is the main intention how we're looking. That's how we have carried out in the last one year. So every month Teaboat puts out the price be green leaf right. Is that how it works, and the farmers know what they can expect. Teaboard fixes this price based on the auction price what they've sold in the last one month. But some of the factories sell about that those farms US was supplying to that factory will be able to benefit from that. But the major of the factors they come stick with the Tibot prices over the last one year. What does the average you've seen is it? Is it in the ten piece pokilo of relief. And what do you think is a minimum price the farmers need to be able to break even? What should that price be rather than if we say break even the economic condition in the past years for the see these prices one never would have worked out for them. So we want to create a space where we give them a hundred piece page. We're making specialties. The green lifts should touch some hundred of piece, so what after making the piece, what they sell it? It should be more than that only so that that's how we're working in this present scenario. The cost of all the menus and the plucking or the labor charges and other things definitely will never come below twenty. Every farmer want to have the option of going for mechanization and other things the menu Sunday they were they're going to maintain a good field and really fifteen plus to twenties that what they require. But do you think the bushes and the way it's these small farms are cultivated and the kind of plucking that is being done, do you think it has been good for speciality making specialty t I mean is that one is that we're just not asking them to just go with the plucking alone right from the standard of maintaining the field. So we're training in them and from the field levels, from the soil level, maintaining the plant level, plant health level, and from the puning level and from the plucking level. All these things are have a data...

...and they're just giving them the trainee right from that only we're just fixing them based Writers hundred and and what kinds of teams that are being made, the speciality teams that you've seen come out from there that you're very happy with. Usually most of the farmers are more convenient in making this black tea, green tea, long team, but we have one farmer who goes to a step ahead and makes allow tea and htos so it's a low teas are being a blind tested by some international buyers and they find that it is as equivalent to the teas of the Chinese. Also, loan Peace numbered Peace is not an inferior tive ty to anything in the world, but in recent times we find that they have downgrading these numbers ties for some certain reasons. We don't want to go into that. We're just identically we're trying to highlight these points. How these teams are superior in their flavors and other things. So knowledge sharing and carry is your is your society is? Or is that an umbrella which you organize these programs. Now we have founded a settlers so we all the service activities and other framing aspects will taking place in that the society. What we've found is that little grey sustainable farmer self association where all the marketing aspects for the farmers will be taken care of and there's a run as a sort of a cooperative model or is it just is it like a society that runs as you know, but elected members? And yeah, we we just started with few friends of us who are already farmers, and we will be expanding it as a society in data pase And has there been any resistance to the changes and what you're saying has to be done? It's not actually an easy task to get all this uh minger farmers who may make them understand what the processes uh to get them into the tract of plucking those leaves and training them how to make these their teas. We have some dedicated volunteers who motorways the farmers. Uh. Yeah, it's a little bit tedious task to live. But on the whole now we have around the ten farmers who are we have identified who are willing to take up these things, who I've already done their trial process, like how from plucking and panning and making these teas, So we have the ten farmers are already into that. So we're just trying to get them some basic equipments for them also, like these dryers, since neverbody's there is now the craimatic condition is so bad that we don't see any sunlight in the last a couple of months, so we're trying to get them some basic missions like these dryers, so that they will be able to drive their products. So they're going to go for a little larger scale where they cannot do hand rolling, where they're just trying to get them the rollers also so that they're quality quantity quality can be maintained throughout the year. So we have led around ten farmers SURBIB and we're just planning to expand on them. Probably will be having very soon one unit um where where we call these specialities, so that will give them a clear idea how to take further in that. So if that goes well, then we'll have at least one inn it in all the villages. On the average size of the landlord farm on which they are cultivating the tea, basically they are just below five personally, not about that. And if you're doing specialty, how much are they able to how...

...much green leaf are they able to produce or how much I know would they be able to? Probably a farmer can produce up to five kg per month package use of major team and uh. And if it's specialty then you can expect but you only decent prices. Right. But you've also talked about a couple of farmers who have been able to make white tea and other specialty t as well, who have been able to sort of sustain the financially sustained the work. Mr Morgan from out Uh, he's the farmer who got he has an except of tinnecers of land. He produces around the twenty cages of white tea for example the present market in in he selves around five thousand rupees to the local agent. But the local agent he says that safety for ten rupees, so we want to break the barriant. So he's also comforward to help other farmers who are making teas. They can use his uh dryers to dry their them also, so he's able to try about. He's got the solid dryer, so he's able to try about. All the white teas in around their day does. But if we take for the rest of the farmers, they need around four days to complete that process. Where is the teammate? Do the farmers themselves make the tea? Do they have any facility to make the tea? How is it like a central factory or something like that micro factory or something like that where they come How how is the connection between the farmer and the factory currently? Yeah, currently, just the scenario is that there are three categories. One is the corporate factory, the other one is the bottlely factory. The other one is the corporative factors run by the government. So based on the areas where the farmer is that they're able to connect to these factories and the corporate factories they have they have their own estates, so they don't take the small glowers teach their landed their teas a submission in case of very shortage early they go with the small glowers, the bottlea factory and the government run corporative factories only take these tease from the smallkett How would you like to see that change? Would you like the corpor the society itself to have its own uh factory or would you like farmers to have micro factories where they can then choose what kind of teas they themselves? Would you know? Want to make? Yeah? Changes that everybody can make tea, but the problem is that mark to find the market for them is to be a challenging. But uh so as a small glower, he will never have the time to go and run and market this product to different cities, and he will never be able to take care of the speak. So as a society we're able to form together we can produce that and the society will help them in selling them. That will be a better idea. How hard has it been to find, uh, you know, a consistent market for these things? I mean, what has what have you tried so far? About what has worked? What has not worked? How has how have those efforts been? Probably uh the tasting session was highlight or there so that will we were able to sell those things. But after that, due to this climatic condition, we found that we did not make those tis because they were all sundry. So that's how we have planned to go. We some drivers as an...

...option, so we'll be keep starting those invests coming a few months on so the then interested promers will get them all the equipments. So sus we'll find a strategy so that they are manufacturing would be uh done evenly throughout the month and we will be having a considerable amount of teas with us so that from then only we can be able to track the market for photos on the market. Are you looking at South India itself? Are you looking at all of India outside India? Also? Yeah, these specialities we have the only the niche type of people will vote for them. That's why we way we specifically conducted the t tasting sessions. But the problem is that we have to give an awarness to the consumer also on what they're drinking. However, the tea should be consumed also specialities. What he must make You don't need a milk nor a sugar. You just just need to prove it and drink that. These teas can go up to four brews two grants of tea submicition for the whole day for one percent. Each brew will give you a different flavor. And not only that the flavors is important, it is the antioxiant content we just present in there. And how does the rest of the industry, particularly within the nail grease view work what you're doing. There are some corporate factories who help us. Also, there were a few managers who go we go meet them. They have who have come for a training session. Also we talked about organic cultivation. There are a few who help us. There are a few who do not turn to us, and there are there are few who do not do not respond to ours. So it's a mixed bag. We cannot blame them. We cannot something. So we're just finding our own way to go about. There are one populate factory that is the Chambras group, the general manager. Every now and then if you have a doubt or small doubt also you call it from or we just go visiti factory. He comes anders forward. Probably Now we just need the more trainings for the farmers to make these teas, so we'll be going on with each village in prod Race. Then after making those teas, we just need the another space where we find a market for them. So that will be a challenging aspect for us, there are one or two micro factories so here who whose product only goes to abroad, they're able to do good business. Also there are these almost patches around eight eight nine per kg. But even if that is not possible, so we're just well, we'll try and have a good market for these teasers. I mean, you said you came back to the nilgres during COVID. What what were you doing before that? And what how has you know just returned being Yeah, I worked for different companies in climber tools, in marketing and administration part so I had to leave my job during the COVID time, so I had to return back to my native That's how it's all started. So being visiting the field, wanted to find some of my subspace UHM with the local leaf agent and locality manufacturers do not get a good better price, so what was alternative is that we make our own taste. That's how I started. Okay, why don't we stand it through get at least somebody to act on that, and that's how we moved. So we were able to connect almost like com wandered farmers now through risks um. So they...

...were trying to expanding to other sports. So you do you also grow teine? Do you so? Yeah, I have a small plantation about piatus and grow tee. You know, of the ten farmers whose these are you know you're working with, have they all gone completely organic or is or do they see the value of the twenty five cent you know experiment? Most of them are organic? But what is the problem with this small growth and nervous is that, Uh, they have plots of land. It's not in the one step they have all those lengths. So just they have one pot or hear the other plot in different side, So the stregation problem takes place. So we don't say we are organic. We just say we are chemical. But why is it important for you to say you know? Because you say knowledge share is carrying. I mean for you sharing these stories and you know you're not you're not hiding the prices that farmers are getting or you know what you're able to pay, You're not. Why is this transparency? Uh? An important part of this, the communication and the work that you're doing. We have made it as sharing and carrying. We're just not only sharing the knowledge, We're not stopping with that. They're going one step further directly into the field, making them to see that it is done properly so that carrying part comes for them. Let's we market our product. We'll never get our price for them, so for that we we need to find an alternative way of things UH taking place. Nothing will change for this. Numerous people we have mobilized uh uh team for that, and all of volunteers who are working in other places. Some are aggressive farmers, progressive farmers, so all have coped up together. Now we keep they keep updating every day. It's also motivates me. We don't sit back. There may be hiccups with other things where where we are not able to, but doesn't stop us. They're just going forward. We will be setting up a factor in one or two months initially, so that be for one person, one farmer, so he'll be working with the cluster of farmers. So then so the area around that he'll be covering. So we'll be going in in depth the training or their interpt farm cultivation, plugging standards and other things. So then the process UH comes intact. If we are then the ones the manager manufacturing them, the other regions of Nevis will be able to come and see what really is happening that cluster. So that's that's how we're trying to promote this type of activities. So once we have one set up, so this all uh, we're just looking for the sponsors. No, even though it's five fifteen twenty lacks also, um, we are looking for the sponsors. Really, if we're able to get them all intact, then every village almost render villigious, so three hundred religious. If we're able to get this type of things, then the production also we goes up. So once we go to the market, we'll have a sustainable number of teams with us to talk about this teas. So if we see the other things that if you're not definitely going for for any massinary and asking them the cultivate, then the numbers is drastically low as of now. So if you go and talk yourself for in the marketing, what is the quantity we're going to give it a realistically see around techne Let's be fine for this niche customers, but on day to day if you're going on to...

...other places, that will be really less. So once these things come and the production starts place and the number of farmers increased, the production that will be the advantages for us so as as society there So we have all now all the hundred plus farmers are now like minded what I'm what we are now, So that's how we're able to gather this group, but that we are broken, so that bearier. So now they keep calling not only me, the other farmers in the group. Also they're able to in tract now friendly happily about the cultivation and other things. So that is what we have achieved in other things, which is more important for our farmer. So unless he doesn't share his views or things, nothing will happen. So once you see, uh, knowledge has to be gained every time. It's not that I know that something and uh I cannot stick with them even I'm still learning every day. I'm learning to process for me also, so it's a learning process. Intrigued by what you've heard in today's podcast, would you like to learn more from our global network of tv IS journalists and t experts. Remember to visit the tv IS website from more comprehensive coverage. That's w W W T hyphen biz b I Z alcohol. Thanks for listening. Farewell until next week.

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