Streets full of water-and wine

Article Abstract:

An observation reveals the easy availability of variety of wines in the different areas such as street of Venice, Italy, France, to the wine lovers at a very reasonable price and the reason being the high production of variety of wines as compared to fine wines. The experience in Italy indicates that cheap wine can anesthetize the fine-wine ambition and would lead to losses for the good wines.

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Thinking locally, paying globally

Article Abstract:

The impact of the sale of Beringer Wine Estates of Napa Valley, CA, to the large Australian company, Foster's Brewing Group, for $1.5 billion is discussed. This is a high price and the industry agrees Fosters will be looking to the export market to recoup such an outlay.

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QPR

Article Abstract:

Wine regions throughout the world have benefited when one of the producers provides a premium wine at a premium price. In other areas the wines may be outstanding, but if there is no premium wine prices are kept lower to the buyer's advantage.

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