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...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-whisky producers have been similarly frustrated in their efforts to crack the Indian market. In response to complaints at the World Trade Organization, India has lowered its base tariff, but alcohol importers and trade representatives from the U.S. and E.U. are pressuring India to lower taxes even...

Author: /time Magazine | Title: Tapping into India's Growing Alcohol Market | 12/23/2009 | See Source »

...advised me I crossed. They keep me posted." A letter? He admits he might have even lost the thing during a recent office move. "All I'm doing is throwing away things. I'm sentimental about my grandkids, but that's about it." Still, he's proud of the status it affords him. "I go to O'Hare and LaGuardia and they treat me royally. I know everyone and they are very nice to me," says Solovy. "I don't know what they did for Mr. Clooney; for me I get good service, they get me where I want...

Author: /time Magazine | Title: Up in the Air Fantasies: What Does 10 Million Miles Get You? | 12/22/2009 | See Source »

Dunkleberger is a member, but it is a status that even his close co-workers are unaware of. Solovy clams up after mentioning that he holds one of these cards. "It's very valuable. It's black," he says. "It gets you priority on the standby list and gives you upgrades if you need them." But then silence. Next topic please...

Author: /time Magazine | Title: Up in the Air Fantasies: What Does 10 Million Miles Get You? | 12/22/2009 | See Source »

...believe an emphasis on economic equality could help the battle against climate change. How? RW: The biggest challenge to slowing carbon emissions is consumerism. Consumerism is driven by status competition and is intensified by inequality. Further, more-equal societies are more willing to think about the common good and to be more public-spirited. You can see this in terms of the proportion of waste recycled or the proportion of international development aid given. Both are greater in more-equal countries. In more-equal countries, business leaders are more likely to stress that their governments should abide by international environmental...

Author: /time Magazine | Title: The Importance of Economic Equality | 12/22/2009 | See Source »

...Catholic Church's process of declaring saints is a complex and fascinating one. On Saturday, Pope Benedict XVI announced that several candidates for sainthood had reached the initial "venerable" status, having been shown by a Vatican committee to have lived heroically virtuous lives. If a scientifically inexplicable miracle is subsequently attributed to their post-mortem intercession, the second step of "beatification" takes place, followed by eventual canonization if a second miracle is proven. Two popes were among the new "venerables." The first was Benedict's still-mega-popular predecessor, John Paul II. The other, however, has doubts swirling around...

Author: /time Magazine | Title: Benedict's Pope: Should Pius XII Become a Saint? | 12/22/2009 | See Source »

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