Word: glutting
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...rude awakening. So many countries have got into the winemaking business like Turkey, China, Brazil--that the world is currently awash in the stuff. In 2004 worldwide production hit its highest level in 20 years, almost 300 million hectoliters, or 15% more than the previous year. The glut is hurting producers everywhere, particularly in Australia, which has surplus wine stocks that exceed a year's worth of exports. Many grape growers there simply let this year's crop rot on the vine rather than harvest...
...wine glut's impact is worldwide. In California some wineries have gone bankrupt, including the Legacy Estate Group that owned prestigious brands, including Arrowood, Byron and Freemark Abbey. (The group was sold last month to Kendall-Jackson.) In South Africa grape prices have dropped about 30% this year, prompting a hunt by producers for new markets. In the Friuli region of northern Italy, which specializes in Pinot Grigio and other whites, winemakers' cellars are filling with unsold bottles...
Even given the glut of jobs, the ease of applying, and the purported $10,000 “golden hello” signing bonus at the banks, Harvard grads are moving to rough neighborhoods and teaching in under-resourced classrooms in record numbers...
It’s refreshing to have architecture back on the front burner at Harvard. The last building glut on campus ended in the early 70s. At that time, Cambridge was widely considered one of the most daring design centers in the U.S. Iconic buildings such as Sert’s Peabody Terrace and Le Corbusier’s Carpenter Center rose up in parallel with Harvard’s postwar intellectual boom. Harvard became an architectural rebel, dipping in to new experimental styles and unfamiliar designs in their sprawl across Cambridge...
...Reichl shies away from delving into the controversy she created, offering only a fleeting glimpse into the hidden internal politics of The Times. Considering the glut of memoirs in today’s books market, further disclosure of her experiences could have made “Garlic and Sapphires” a more unique effort...