In 2013, the Internet almost exploded when a video was posted in which Nestlé Chairman and CEO Peter Brabeck-Letmathe said that access to water is not a public right , water was not a human right, that it was just another foodstuff and a commodity, that it should be privatised , given a market value , and distributed by the free market . Not only that, he stated that to declare water a right or a human right was extreme . These are his exact words from the video: The one opinion, which I think is extreme, is represented by the NGOs who bang on about declaring water a public right. That means that as a human being you should have a right to water. That s an extreme solution. And the other view says that water is a foodstuff like any other and like any other foodstuff it should have a market value.
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The new Pepsi formula will have less sugar and more fizz. How will the change be received?
Pepsi, as we know it, is about to change. According to an Economic Times (ET) report, the cola giant announced that itâs changing its formulation to be less sweet and more fizzy. This move is set to place Pepsi on par with competitors like Coca-Cola and Thums Up, claims the report. Pepsi has traditionally been a sweeter drink, compared with rivals, like Coke and Thums Up. This is a move aimed at closing in on the category leader Thums Up. It comes on the eve of the crucial summer quarter this year, after last year s near washout quarter that coincided with the peak lockdown, an official directly aware of the matter told ET.