A tank is filled with olive oil at an oil mill in the southern town of Quesada, a rural community in the heartland of Spain's olive country, Oct. 27, 2022

Latest news bulletin | November 29th – Evening

Now playing Next

Latest news bulletin | November 29th – Evening

Thousands of protesters march downtown Prague, Czech Republic, Monday, Nov. 27, 2023.

Now playing Next

Czech Republic sees 'biggest protest in its history' over austerity

Remnants of volcanic eruptions in Grindavik, an Icelandic fishing town, as seen from AP drone footage.

Now playing Next

WATCH: Steaming cracks in Iceland fishing village after weeks of small volcanic earthquakes

Ukrainian tankists ride on a tank Leopard 1A5 on a snow-covered ground not far from the front line in Kharkiv region on November 24, 2023.

Now playing Next

British intelligence says Russian losses have increased in past weeks

The Rolling Stones announce 2024 tour

Now playing Next

The Rolling Stones announce 2024 tour - But what's behind that tongue?

The video shocked the online community with many calling it 'genocidal'

Now playing Next

Did Israeli children really sing about annihilating everyone in Gaza?

A terracotta relief of the Madonna

Now playing Next

Donatello Madonna moved from Florence street to museum

Passengers with Mallorca as their destination are available to hand in their luggage at TUI check-in counters at the airport in Hanover, Germany.

Now playing Next

Brussels asks airlines to agree on standard luggage sizes

Polish protesters have for several weeks blocked transit through the border with Ukraine.

Now playing Next

Brussels threatens Poland with lawsuit over blockade at Ukraine border

Expo 2023 Doha: Showcasing innovative and sustainable solutions to desertification

Now playing Next

Expo 2023 Doha: Showcasing innovative ways to fight desertification

A city of contrasts: Why Tokyo's tranquillity and buzz make it so special

Now playing Next

A city of contrasts: Tokyo's mountain tranquillity and big-city buzz

uuu

Now playing Next

Hate speech on social media platforms rising, new EU report finds

Updated: 03/10/2023 - 10:15

Spain hit hard by rising price of olive oil as climate change takes its toll on production

Drought and extreme heatwaves have halved Spanish olive oil production. The price at origin has increased by 112 per cent since last year.

Read full article

More from Business

French President Emmanuel Macron visits the plant of Danish pharmaceutical company Novo Nordisk in Chartres, south west of Paris, Thursday, Nov. 23, 2023.

Now playing Next

Denmark's Novo Nordisk invests €2.1 billion in France

Italy's financial police on Monday seized over 779 million euros from online accommodation service Airbnb for alleged tax evasion.

Now playing Next

Italy police seize €779 million from Airbnb in tax probe

Customers shop in an Apple store in Pittsburgh. Jan. 30, 2023.

Now playing Next

Apple stocks fall as earnings shrink for fourth consecutive quarter

A graphic designer puts the final touches to a scene of Ubisoft's video game "Assassin's Creed Mirage" at the Ubisoft studio in Bordeaux

Now playing Next

Assassin’s Creed Mirage: Inside Ubisoft's redemption quest

Latest video

Jens Stoltenberg

Now playing Next

NATO reiterates support for Ukraine

The EU's high representative for foreign affairs, Josep Borrell, announces new plans to revive ties with Turkey

Now playing Next

Brussels to revive ties with Turkey as EU candidacy remains stalled

Now playing Next

'We must be ambitious' at COP28, says EU climate action commissioner

A pleasure boat is seen at the lake Wolfgangsee in St. Wolfgang, Austria, Monday, July 27, 2020.

Now playing Next

Austria region Salzkammergut becomes 2024 European Capital of Culture

Activists in front of court as final debates begin in Hong Kong's largest security trial

Now playing Next

The biggest prosecution yet is underway in Hong Kong taking pro-democracy activists to trial

People queue at gas stations

Now playing Next

Watch: Gaza Strip residents queue at fuel and gas stations

FILE - Pope Francis arrives for his weekly general audience in St. Peter's Square, at the Vatican, Wednesday, Nov. 22, 2023.

Now playing Next

Pope Francis cancels trip to COP28 on doctor's orders

FILE - Children look at photographs of kidnapped Israelis during a rally joined by hundreds in solidarity with Israel and those held hostage in Gaza, in Romania 2/11/23.

Now playing Next

Hamas releases 10 Israeli and four Thai hostages

Former rescue dogs Alba and Rosie take part in an exercise to creat a painting at the Bristol Animal Rescue Centre in Bristol, western England, on November 23, 2023.

Now playing Next

Meet the animal rescue shelter hosting an auction of art made by dogs

Palestinian demonstrators chant slogans during a protest against the territory's chronic power outages and difficult living conditions in the South of Gaza in July 2023

Now playing Next

Fact-check: Have rare anti-Hamas protests really broken out in Gaza?

uuu

Now playing Next

Israeli hostages and Palestinian prisoners return home to families

Hamas releases more hostages

Now playing Next

Hamas hands over ten Israeli and two foreign hostages

Trucks stuck in queue at the Poland-Ukraine border.

Now playing Next

Polish truckers blockade continues along border with Ukraine

Residents climb up their house ruined by the Russian shelling to take out their belongings in Irpin close to Kyiv, Ukraine, Saturday, May 21, 2022.

Now playing Next

Ukraine allies look to rebuild country in more sustainable way

Nigeriens and third-country migrants head towards Libya from Agadez, Niger, Monday, June 4, 2018.

Now playing Next

Brussels warns of 'consequences' of repeal of Niger anti-smuggling law

The European Commission has unveiled new legislation to toughen punishments for migrant smugglers.

Now playing Next

Migrant smugglers to face up to 15 years in prison under new EU rules