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The Historical Significance of Good Friday

Good Friday is one of the most solemn days in Christianity, commemorating the crucifixion of Jesus Christ. Observed on the Friday before Easter Sunday, it marks the culmination of Holy Week and serves as a day of reflection, mourning, and reverence. Historically, Good Friday traces back to the early Christian church, when believers honored Jesus' sacrifice for humanity. According to biblical accounts, Jesus was arrested, tried, and sentenced to death by crucifixion under the Roman governor Pontius Pilate. His execution, believed to have occurred around A.D. 30, is seen as the ultimate act of redemption, paving the way for salvation in Christian theology. The name "Good Friday" may seem paradoxical, given the suffering endured by Jesus. However, the term "good" in this context is understood to mean "holy" or "pious," signifying the sacred nature of the day. Across the world, Christians observe Good Friday through fasting, prayer, and special c...

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Lindt's Sweet Strategy: Avoiding Tariffs with European Supply

Swiss chocolate maker Lindt & Sprüngli has announced a strategic shift in its supply chain to sidestep Canadian tariffs imposed in response to U.S. customs duties. Previously, Lindt sourced 50% of its chocolates for Canada from the United States, with the remainder coming from Europe. However, to avoid the financial impact of these tariffs, the company plans to source 100% of its Canadian supply from Europe.

CEO Adalbert Lechner emphasized that this move ensures Lindt's business in Canada, one of its top ten markets, remains unaffected by the trade conflict. While transporting chocolates from Europe will be slightly more expensive, it is still more cost-effective than facing tariffs. Additionally, products labeled as "Made in Europe" may resonate better with Canadian consumers than those from the U.S.

Lindt has already built up inventories in Canada to facilitate this transition, which is expected to be completed by mid-year. This proactive approach highlights the company's commitment to maintaining its market position and delivering its beloved chocolates to Canadian customers without disruption.

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