Word: aren
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...devil of a job to get it into your glass. Birds love the sugar-laden grapes (hence the surreal sight in early fall in Central Otago of what appear to be snow-filled valleys, which are in fact a vast expanse of white nets). If the grapes aren't picked exactly as they reach maturity, the thin-skinned berries shrivel on the vines--which, because they thrive on steep slopes, demand that harvesting be done by hand. Yields are low--about 2 tons per acre (5 metric tons per hectare, which translates into about 350 cases of wine). Sauvignon Blanc...
...late 2006, whole hives of honeybees began dying overnight--victims of an unknown syndrome. Though the die-offs have afflicted nearly a quarter of U.S. beekeeping operations, scientists still aren't sure what causes them, but they've narrowed down the suspects...
...CONFRONTED WITH SUCH GLOOMY talk, many in the real estate business offer a classic response. "People don't buy real estate on a national basis," says Tom Kunz, CEO of real estate giant Century 21. "They buy it on a local basis." Sure enough, many parts of the country aren't in trouble. Prices are still rising in Seattle and Portland, Ore. In Atlanta, Dallas and Charlotte, N.C., prices never went up all that much, and they're not falling now. The same appears to be true in many smaller cities and towns...
...that inventory. That's five to seven years of downward pressure on local housing prices, construction employment and the like. The great test of the coming months and years is whether the U.S. economy is strong enough to withstand that kind of pressure without buckling. Right now things aren't looking good, but this is an equation with too many variables--Fed rate cuts, congressional bailouts, the ebb and flow of the global economy--to solve in advance...
...very least, aren't the McCanns guilty of negligence...