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Global production is increasing steadily. In Australia alone, output has doubled since 1995, with vine acreage up more than 50% in the past four years. Over the same period, the number of wine-drinkers worldwide has stagnated. "There are more and more of us fighting for the same-sized pie," says Charles Maurisset-Latour of the venerable Burgundian firm Maison Latour. The traditional major producers - France, Spain and Italy - have found themselves squeezed by state-of-the-art competitors from Australia, New Zealand, South America and South Africa. When French exports started to fall after a bumper year...

Author: /time Magazine | Title: Vintage Advantage | 8/12/2002 | See Source »

...North Korea's agricultural output has fallen dramatically and its infrastructure is crumbling. Most of its factories have shut down and its electric power system is in shambles. The country has one of the worst credit ratings in the world and its currency, the won, is not convertible. Building the basic services that might make North Korea alluring to more foreign investors will take billions of dollars in loans from international lenders like the World Bank...

Author: /time Magazine | Title: Light from the North? | 8/11/2002 | See Source »

Indian pop cinema--that exotic, rhapsodic blend of smiles and tears, song and dance--is the world's most teeming film industry. At nearly 1,000 films a year in 20 languages, its output far outstrips Hollywood's. So no surprise that an awards show honoring Bollywood (meaning Hollywood in Bombay) can fill the seats of a large arena...

Author: /time Magazine | Title: Going Bollywood | 7/22/2002 | See Source »

...postwar recession and in the early part of most recoveries, productivity slumped because production dropped faster than employment. This time, companies were quick to shed workers and have been slow to hire them back. Those who have jobs are working harder and more efficiently, with better technology. Productivity, or output per worker, rose 8.3% in the first quarter and 5.5% the quarter before that...

Author: /time Magazine | Title: Forecast: A Jobless Recovery? | 7/15/2002 | See Source »

...Indian pop cinema?that exotic, rhapsodic blend of smiles and tears, song and dance?is the world's most teeming film industry. At nearly 1,000 films a year in 20 languages, its output far outstrips Hollywood's. So no surprise that an awards show honoring Bollywood (meaning Hollywood in Bombay) can fill the seats of a large arena...

Author: /time Magazine | Title: Going Bollywood | 7/15/2002 | See Source »

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