Tag Archives: USA

Wine Consumption Growing Around the World

Image by Sharad Jadvani from Pixabay

According to the most recent Vinexpo/IWSR wine and spirits report, the world is expected to consume US $207 billion by the year 2022, drinking approximately 2.7 billion 9-liter cases. That represents growth in the industry of 2.15% between the years 2017 and 2022.
Due to the recent practice to “drink less but better,” value has out-paced volume in growth all over the world. This is especially true in North, South and Central America as well as in the Asia-Pacific region.


The United States is still the world’s most valuable market for wine with a value of US$34.8 billion in 2017. After the US France is rated the second most lucrative market worth about US$16 billion. China comes in at a close third with US$ 16.5 billion in sales.


Vinepress forecasts the China will overtake France as the second largest consumer of wine by the year 2020, with a value of over US$19 billion.


The top five markets for volume of sales did not seem to change in the last year with
• USA sold 318 million cases
• Italy sold 266 million
• France sold 250 million
• Germany 224 million
• China 156 million

Canadian and US Businessmen Fretful of Trips to China


North American businessmen have long been aware that traveling to China had its risks: executives with cellphones and laptops feared the theft of intellectual property and cyber attacks when in the biggest of all Asian nations.


But now the level of fear has been notched up to the next level.


Ever since the arrest of Meng Wanzhou on December 1st, traveling to China for business people hailing from the West, and especially North America, has been a nail-biting experience. Wanzhou, the head of giant cellphone maker Huawei, was arrested in Canada and her extradition was requested by the USA. She is charged with fraud because her company has allegedly had business dealings with Iran, a violation of US sanctions against the middle eastern country. Then the atmosphere intensified when Chinese officials stopped two Canadians, saying the pair was suspected of national security violations.


It is supposed by observers that the self-destructive mutual suspicions will not spiral out of control since neither side has any interest in provoking the people they want to do business with, and therefore will not publicly change their travel policies.


Unfortunately, sometimes mistakes are made. Last week the US tech company Cisco sent an email to their employees telling them that all non-essential trips to China would be suspended. The company caught the mistake and issued an apology stating that their travel policy to China had not changed.


American diplomats and businessmen will say in private that the two Canadians being held in China now is in retaliation for Meng’s detention, according to Craig Allen, the president of the US-China Business Council.


“If we don’t recognize that as a possible signal to American interests and to American businesses, then we would be willfully blind,” he says.

US Hosts Maritime Trade Talks with UK On Board the HMS Queen Elizabeth

Official Portrait of  Robert E. Lighthizer.

UK International Trade Secretary Dr. Liam Fox hosted several events designed to reinforce the economic relationship between the UK and the USA. The events took place on October 22, 2018 on board the UK’s Royal Navy’s HMS Queen Elizabeth, docked in New York Harbor.

The New York events come in the wake of the announcement by the US Treasury Secretary, Robert Lighthizer, that the US will commence talks with the UK to forge a new US-UK Free Trade Agreement to go into effect when the UK leaves the European Union.

The Department for International Trade presented a round-table discussion including some of the UK’s key computer companies. They presented their new technological advances to several US Fortune 500 companies in the hopes of forging some business partnerships.

The Secretary, Dr. Fox, spoke during the proceedings. He emphasized the ability of the UK to protect against serious cyber threats as they grow in number and danger. He announced a new sub-committee of the Board of Trade which will investigate what methods UK companies can use to grow the amount of imports in the cyber space, and how UK-US cooperation can improve the fight against cyber-attacks.

The floating backdrop of the great ship helped set the stage for Dr. Fox’s joining with the Maritime UK to host the very first Maritime Nations Forum between the US and the UK. The forum focused on the ways these two great sea-faring nations can improve maritime trade and relations.

Seven Billion Dollar Deal Could Bring 50,000 Jobs to US

The top and side of an iPhone 5S, externally identical to the iPhone 5. Photo courtesy of Calerusnak

Two high tech giants, Foxconn and Apple, are considering a deal to build a panel factory in the United States at a cost of about $7 billion and could create between 30,000 and 50,000 jobs. Chairman Terry Gou of Foxconn said that an investment by Foxconn’s Sharp division will depend on the terms negotiated for the deal at the state and federal levels.

The announcement of the deal comes close on the heels of President Donald Trump’s inaugural address in which the new president promised to make “America First” as the backbone of his policies leading the nation. Trump stated in his speech: “We will follow two simple rules: buy American and hire American.”

One of Trump’s campaign promises was to try and persuade Apple to bring the manufacture of iPhones to US shores. Trump said that he was optimistic that Tim Cook, CEO of Apple, had his “eyes open” to the possibility. Foxconn is the biggest producer of iPhones.

Gou said that Trump-style protectionism was inevitable, but he is unsure how Americans will feel about spending hundreds of dollars more for a phone that does not work any better than a less expensive model that was made overseas.

Gou vowed to increase his investments in China. Apple is also dependent on China, not just for production, but also for sales. Last year China made up 22 percent of Apple’s total revenue, some $46.4 billion.

Russia Breaks INF Treaty

Medium-range ballistic missile with a nuclear warhead RSD-10 “Pioneer”. NATO reporting name was SS-20 Saber. Kapustin Yar museum in Znamensk, Russia. Photo by Leonidl.

The United States is faced with a serious challenge to an important treaty which could have dire consequences if not handled well.

The New York Times reported this week that Russia has deployed nuclear-capable cruise missiles which could be a critical threat to the countries of western Europe.

Officials believe that the missiles were 9M729s, which are ground-based missiles similar to Russia’s Kalibr missiles. The Kalibr were used to hit targets in Syria from a range of 1,000 miles away in the Caspian Sea.

Experts say these missiles are in violation of the Intermediate-range Nuclear Forces Treaty, INF, because they can reach targets from 620 to 3,420 miles away, from ground-based launchers. If this is true, then Russia has the capability of hitting a slew of European capital cities from home.

“We knew it was coming for a long time,” said one expert of the missiles. The Russians “started testing in 2008. In 2011, the Obama administration decided it was a compliance problem.”

The INF treaty is one of the few success stories from the arms-control talks between the two powerful nuclear-enabled countries. During the 1980s Russia had already begun to develop nuclear missiles with intermediate range which had the power to strike western European cities.

President Obama decided in 2014 that Russia had indeed violated INF. During an INF special verification meeting the US presented Russia with the evidence that they were in violation of the treaty. The Russians answered with “capricious arguments,” saying that the US had also violated the treaty.

“None of the Russian accusations amount to the US, in secret, deploying a large number of missiles that violate the treaty,” the expert said. “The US does not have ground-launched intermediate-range forces anywhere.”