GOOD DAY FOR: Passing the glass, as the International Wine and Spirit Record forecasts strong growth in global wine consumption. The report, from a French wine trade group, said demand from the U.S. and emerging economies like Russia and China would fuel the 6 percent rise between 2008 and 2012. The report also forecasts that the U.S. will overtake Italy as the top consumer of non-sparkling wine by 2012. Italy took that title from France in 2007. (AP in Yahoo! Finance)
BAD DAY FOR: A financial bailout, after police found and arrested alleged embezzler Marcus Schrenker, who apparently tried to fake his own death by parachuting out of a plane and riding off on a hidden motorcycle. Investors accuse Schrenker, a 38-year-old investment adviser, of stealing millions of dollars they had entrusted with him. When police found him, he had one slit wrist. (AP in Google News)
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
The ‘ravenous’ demand for Cornish mineralsUnder the Radar Growing need for critical minerals to power tech has intensified ‘appetite’ for lithium, which could be a ‘huge boon’ for local economy
-
Why are election experts taking Trump’s midterm threats seriously?IN THE SPOTLIGHT As the president muses about polling place deployments and a centralized electoral system aimed at one-party control, lawmakers are taking this administration at its word
-
‘Restaurateurs have become millionaires’Instant Opinion Opinion, comment and editorials of the day
