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...acres of new vineyards, financed by a novel bond offering in the fall of 1998. Five thousand bonds in ECUs (European currency units) were issued, entitling buyers to purchase at wholesale price a six-bottle case from each of the 1996 to '99 vintages of its prized Brunello di Montalcino. The bonds sold out in three days and raised about $12 million...

Author: /time Magazine | Title: Vintage 21st Century: Frescobaldi | 11/27/2000 | See Source »

...Palazzo Frescobaldi, you can see the lighted campanile of Brunelleschi's late masterwork, the Santo Spirito Church, commissioned by a Frescobaldi in the mid-1400s. The church is almost 150 years younger than the family's 700-year-old business. Now the Frescobaldis, best known for their sumptuous Brunello di Montalcino wine, are coming out of the Middle Ages, forming international alliances that would impress even their arch rivals, the Medicis, and embarking on a marketing strategy for the 21st century...

Author: /time Magazine | Title: Vintage 21st Century: Frescobaldi | 11/27/2000 | See Source »

...also loved by philosophers, when they were in a what-if frame of mind, dreaming up systems. Two of Plato's works, The Republic and The Laws, have recognizably Utopian elements. One of the most charming items in this show is a Renaissance miniature from Florence by Zanobi di Strozzi, circa 1470, showing St. Augustine of Hippo dreaming up the City of God, taking dictation (so to speak) from an image of Florence itself, complete with Brunelleschi's great dome, which floats in the blue air before...

Author: /time Magazine | Title: Ideas: The Phantom of Utopia | 11/6/2000 | See Source »

...election, and their supporters had boycotted the poll. Opposition leaders say the turnout in Sunday's election was as low as 5 percent of the electorate. The popular opposition leader Alassane Ouattara is leading calls for a new poll. An attempt by former president Henri Konan Bédié to exclude Outtara from the last election had prompted General Gueï's coup, but the general had then held the reins himself rather than hand over to Outtara. The only way out the mess, according to the international community and Ivory Coast's French-speaking neighbors, is to hold...

Author: /time Magazine | Title: In the Ivory Coast, Many Smell a New Rat | 10/26/2000 | See Source »

...pharmacies are not alone in their alleged transgressions. The view of every Italian economic sector that it has special needs that have "nothing to do with competition" amuses Tesauro, but it can be frustrating as well. The producers of prosciutto di Parma, for example, claim that agreements among themselves to keep production down--and prices high--are really aimed at maintaining their lofty standards. "It's not true that limited quantity means higher quality," Tesauro counters. "They have to do checks on quality, not quantity...

Author: /time Magazine | Title: Trustbuster With Teeth | 10/23/2000 | See Source »

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