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In other alcohol-related news, Mexico has a 500m-litre tequila lake as demand for the spirit has ebbed.

The Financial Times reports this morning that Mexico is sitting on more than half a billion litres of tequila in inventory, which is nearly a whole year’s production.

“Much more new spirit is being distilled than is being sold, and inventories are starting to accumulate.

“The tequila industry is set for a very turbulent 2025.”

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