Word: beer
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Dates: during 2000-2009
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...response, the NFL has taken steps to prevent players from re-entering games after suffering head injuries. "The bubble some of these coaches live in is amazing," says Murray Sperber, a visiting professor at the Graduate School of Education at the University of California, Berkeley, and the author of Beer and Circus: How Big-Time College Sports Is Crippling Undergraduate Education. "In the example of Leach, it seems the whole discussion about concussions has apparently passed him by." Leach's attorney has denied Adam James' characterization of the events and says Leach plans to file a lawsuit against Texas Tech...
...stone discs weighing several thousand pounds are still used as a form of currency, but New York Yankees caps are sold in shops, Budweiser is the beer of choice and Obama stickers abound. "These islands have fallen in love with the United States of America," says Tony Babauta, Assistant Secretary of the U.S. Department of the Interior's Office of Insular Areas, which oversees relations with FSM. "The American people rely on them to defend our freedom, and at times there is an ultimate sacrifice." (Read: "A Tiny Pacific Island Faces Climate Change...
...taxes on imported whiskey, not the taste, that prevent it from winning more market share. The import duties begin at 150%, and additional state taxes can add another 150% or more to the price of a bottle. Wine and beer face similar import duties, as well as additional and constantly changing state taxes and regulations. The complexity of the market means that only big producers like Jack Daniels and Jim Beam can afford to make a go in India on their own, and usually only with their premium labels. Although single-malt is a new status symbol in India, Scotch...
...meantime, beer companies have found other ways to get their products into Indian glasses. Brewers have used joint ventures, dedicated local breweries and local contract farmers to expand distribution and lower their costs. SAB Miller, for example, contracts 10,000 farmers in the northern Indian state of Rajasthan to grow barley for all the beer they sell in India - including Foster's, which is branded as Australian but brewed in India. The company has been operating in India since 2000, and last year made a profit of about $7.5 million on $230 million in revenue - enough to convince...
...Wine consumption, meanwhile, is growing much faster than spirits or beer in India, but from a much smaller base. Only about 700,000 cases were sold last year, about 2% of the total alcohol market, but it has benefited hugely from the growth of the middle class, particularly women, for whom drinking wine is a mark of urban sophistication. The wine market has grown from virtually zero 10 years ago to $253 million last year, and it is expected to more than double to $630 million by 2013. "There's a complete turnaround," says Gianander Dua, an importer based...