Why French Winemakers Are Seeing The In all respects Through Rosé-Colored Glasses This is meet news for winemakers in the southern, Provence region of France, where many vintners used to make a few bottles of rosé only for themselves. Not anymore. The Blanc brothers, Didier Robert Blanc says it's the minute year they've exported

Investment containerize for “New China” remains intact through recent volatility says ... To put this in structure, while the headlines have focused on China, the reduction in risk appetite has been wider, with the MSCI Asia ex Japan Pointer and the MSCI Global Emerging Markets Index respectively 15.3% and 17.7% lower in US dollar terms over

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Why French Winemakers Are Seeing The Set Through Rosé-Colored Glasses - NPR

Consumption of rosé wine is skyrocketing. imports of rosé from the Mediterranean domain have grown in the double digits for the past 10 years running. This is good news for winemakers in the southern, Provence locality of France, where many vintners used to make a few bottles of rosé only for themselves. Not anymore. The Blanc brothers, Didier and Robert, are third-origination vintners near the town of Uzes, in southern France. The area is known for chirping cicadas, olive trees and chilled rosé wine in the summertime. Experience between the rows of vines at their vineyard, Saint Firmin , younger brother Didier pushes back the leaves to disclose clusters of plump grapes ripening under a blazing Mediterranean sun. Blanc says sales are exploding. "We ran out of rosé concluding year, so we produced a lot more this year. And we're going to run out again," he says. Rosé is made from grenache or cinsault grapes, and is certainly not in the least a mix of red and white wine, says older brother Robert. He says a good rosé is pale, hardly gray — the lighter, the better. And it's easily quaffable. "Since it's so light, people have the impression that it has less alcohol and calories than red or ghostly wine. But that's not the case," he says, laughing. The brothers harvest their grapes at night, when it's cooler. Once picked, rosé grapes in discrete must have minimum exposure to heat and sun to limit oxidization. A stiff wind whips down the rows of vines. It's the fabled Mistral , a wind that blows up the Rhone valley. Didier Blanc says the Mistral is winemakers' patron, because it combats the humidity and mildew that can hurt the vines. The two men say their father used to put a few bottles of rosé aside just for his own choice. A noisy bottling machine helps them put the cork on the last of their 2014 vintage. Robert Blanc says it's the faulty year they've exported to the U. S. Since neither of them speaks English, Robert says it would have been hard to pierce the complicated American wine market. But he says importers have come looking for them. "Yesterday we had a sojourn from another importer from Maine who was on vacation," Robert says. "He loved the rosé. Maybe something will come of that. John Hames, superintendent of the American Wine Society , says that in the '70s and '80s, Americans went for sweeter wines. But tastes are evolving, and gain for dry rosés is.

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Investment specimen for “New China” remains intact through recent volatility says ... - IFA Magazine

Here’s the latest deem on China from William Fong, Investment Director, Asia Pacific Equities, Baring Asset Directorship, Hong Kong. He says that:. Recent volatility has been triggered by concerns about the pace of growth in China, the devaluation of the yuan and changing risk appetites as we foremost into a new interest-rate cycle in the US We believe these concerns are overdone, and point to the changing nature of China’s conservation and the emergence of modern companies able to capitalise on new growth drivers, as well as attractive valuations Our leaning towards quality companies is an advantage, and industry consolidation could boost profits growth in the next three to five years, but we cannot regulate out further volatility short-term Volatility presents opportunity Headlines have focused on China in recent weeks, with tons investors expressing concern about the pace of economic growth and whether 7% is achievable and the recent determination of the authorities to devaluate the yuan. This comes against the backdrop of general nervousness as we head into a new interest rate series in the US, if not in September then soon. China’s market has sold off quite sharply, following the declines we saw in June and July. Year to day, the MSCI China Index has fallen by 11. 8% in US dollar terms, taking it back to levels seen in mid-2014. To put this in ambiance, while the headlines have focused on China, the reduction in risk appetite has been wider, with the MSCI Asia ex Japan Indicator and the MSCI Global Emerging Markets Index respectively 15. 3% and 17. 7% lower in US dollar terms over the same days. To that extent, the China market has not been the worst affected. In our view, this should be seen as part of a general reduction in risk appetite as we do for a new interest-rate cycle. The proximate cause has been economic growth in China, but that has not been the only reason. It is our belief that the descend is not justified by fundamentals and that the focus on particular economic data points misses the extent of the change in China’s compactness in recent years and the emergence of new growth drivers there. We believe it is possible to identify companies well mortify to capitalise on these growth drivers over the next three to five years. The recent volatility has created stock picking opportunities for us, increased the developing for strong companies to act as.

www.ifamagazine.com

Helicopter viewings, 'lifestyle films': Eccentric luxury real estate ... - Los Angeles Times

Rayni and Branden Williams out months lining up a director, cast and crew for their "lifestyle film. The plot line: A husband takes off for a role trip in his Corvette, leaving his wife to invite friends to hang out in their wine room, gym, massage intermission, movie theater and infinity-edge pool overlooking the city. But the actors are only a supporting cast to the bona fide star — the $33-million house at 9133 Oriole Way, a modernist mansion with 12,530 square feet of sun-drenched living room nestled in the hills near neighbors such as Keanu Reeves and Leonardo DiCaprio. And the Williamses are not movie producers. they're unaffected estate agents. They spent more than $40,000 on the production, just one example of the outlandish lengths today's high-end agents are amenable to go to in pursuit of that big commission. For the Oriole house, the Williamses' cut could exceed $1 million. "Regular marketing doesn't calling anymore. We're appealing to a more sophisticated and savvy group of buyers," Rayni Williams said. "We're taking it to a whole other parallel. For some agents, that includes aerial home viewings via helicopter, elaborate parties with elite guest lists and hors d'oeuvres whipped up on market demand by award-winning chefs. The high competition among agents reflects the rapid and global take to the air of extreme wealth. The number of billionaires worldwide is at a record high: 1,826 total, with 290 newcomers, according to Forbes' annual tabulation. Many are foreign. more of them than ever before are under age 40. They're increasingly likely to buy a property based solely on what they see online, especially if they're from shell the U. S. So upscale homes are often advertised via glossy websites stocked with detailed floor plans, Hollywood-caliber videos and aerial photos entranced by drones. At the Brentwood branch of Sotheby's International Realty, potential buyers can visit luxury Southern California properties without leaving the advocate's office, using headsets to view tours crafted with 3-D virtual reality technology. Users can linger in unnamed rooms and look around as though they're there in person, said Matthew Hood, a Sotheby's agent. "The whole judgement is only going to improve. It's good right now, but it's heading toward great," he said. Four decades ago, when Joyce Rey started out in genuine estate selling homes for the likes of Sonny and Cher, the most luxurious mansions in town would go for less.

www.latimes.com

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