Word: premieres
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Dates: during 2000-2009
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Like a lot of people, William Hill and Dick Wollack got caught up in the real estate frenzy. But you won't find them anywhere near a Las Vegas condo. Instead, their company, Premier Pacific Vineyards, has been snapping up land in prime wine-growing areas of California, Oregon and Washington since 2002. Hill and Wollack are developing vineyards that produce high-end grapes used in premium wines. The play? Bundle their vineyards into a real estate investment trust (REIT), and take it public...
...Premier Pacific's Wollack says that developing vineyards, rather than having to persuade reluctant owners to sell the "family jewels," allows the company to control its growth. His company has 10 vineyards approaching maturity and 19 on the way. Wollack needs 15 to 20 mature vineyards before taking his company public--a goal he expects to reach in the next two years...
...about his time as a close adviser and confidant to President John F. Kennedy ‘40 at the height of the Cuban Missile Crisis. Speaking on the 45th anniversary of the confrontation, Sorensen, now 79, recounted how he personally drafted the memos that Kennedy sent to Soviet Premier Nikita Khrushchev during the intense negotiations. The audience was tense as Sorensen spoke of the caution he had to use. “When I was drafting the letter to Khrushchev, I knew that if I provoked him, his response would be too horrible to imagine,” Sorensen...
...White House and the U.S. Treasury are aware that the undervaluation of the yuan is a problem, and have been taking steps to address it. Treasury Secretary Henry M. Paulson and Chinese Vice Premier Wu Yi’s discussions about U.S. and Chinese economic policies are much more likely to result in positive economic change, including re-evaluation of the yuan, than is heavy-handed congressional legislation. For the sake not only of the U.S. and China’s future relations, but of the global economy at large, Congress should abandon the currency bills that it is currently...
...environmental troubles go hand in hand with growing political issues. Li Peng, the dam's most ardent supporter, stepped down as Premier in 1998 and has little influence among China's current leadership. The recent storm of criticism the dam has garnered could be a result of political jockeying in the run-up to next week's Communist Party Congress, a five-yearly event in which the coming reshuffles of the Party's senior ranks are usually decided. But it's also possible that the criticism is a sign that the Chinese government has reached the point at which...