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...French winemakers fear that the new rules will allow any producer to mix their surplus whites and reds, flooding the market with cheap, poor-quality rosé. "We are shocked by these plans," says Eric Rosaz, director general of the Association Générale de la Production Viticole, France's winemakers' association. "We have our own traditions in France, and we want to protect them. We want to ensure that French rosé remains a quality product and is recognized as such. But this proposal could force thousands of winemakers out of business...

Author: /time Magazine | Title: War of the Rosé: French Winemakers vs. the E.U. | 3/21/2009 | See Source »

...lake and slash some of the E.U.'s $1.8 billion annual subsidies paid to the industry. Commission officials say the new rules could help European wines compete against their New World cousins. "We're importing rosé made by blending, so it's pretty daft that we don't allow it in Europe," says Commission spokesman Michael Mann...

Author: /time Magazine | Title: War of the Rosé: French Winemakers vs. the E.U. | 3/21/2009 | See Source »

...effort. Organizers have reached out to students from the college and all the graduate schools. Professors from all the schools, including the college’s Visual and Environmental Studies Department, have been very receptive to the idea; some have publicized the show to their students while others have allowed show organizers to give brief presentations during their classes. Student artists have been extremely amenable to the idea. In regard to artists’ positive responses, Megan said, “There has been great interest and a willingness to pass the word.”When asked about...

Author: By Lillian Yu, CONTRIBUTING WRITER | Title: Students Make Bank with Art | 3/20/2009 | See Source »

...rate of 70% performance bonuses starting at $50,000 and on all retention bonuses given by companies that received $100 million or more in TARP funds. Just for good measure, the House next week is also expected to take up a Judiciary Committee bill that would allow the Justice Department to sue for the return of the bonuses...

Author: /time Magazine | Title: The AIG Backlash: Has Congress Flipped Out? | 3/20/2009 | See Source »

...Likewise, Democrats and Republicans have concerns about the constitutionality of the Judiciary Committee's bill, which would authorize the Justice Department to sue for the return of bonuses given to employees of companies that have received more than $10 billion from the government. The legislation, if passed, would also allow the Attorney General to restrict future payments to 10 times the average non-management wages at companies receiving TARP funds. "Congress has let expediency override common sense," said Representative Lamar Smith, the top Judiciary Committee Republican. "Congress already has learned the hard way the unintended consequences of rushing to legislate...

Author: /time Magazine | Title: The AIG Backlash: Has Congress Flipped Out? | 3/20/2009 | See Source »

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