News

France is splashing out €200 million to destroy surplus wine

Published

2 years ago

September 5, 2023

The French government is allocating a substantial €200 million to address a pressing issue in the wine industry: an oversupply of wine and a shortage of consumers.

This predicament is not a simple one; it’s a blend of multiple challenges. Craft beer has enticed wine enthusiasts away from their traditional choice, vineyards are grappling with excessive production, and rising living costs have added to the woes of winemakers.

Agriculture Minister Marc Fesneau said that these measures aim to prevent the wine market from turning sour and to help vintners rekindle their passion.

To comprehend the origins of this issue, we must revisit the mid-2000s when Europe faced what was termed a “wine lake.” It was akin to a wine deluge, brought about by the European Union’s generous subsidies, resulting in a surplus of wine.

Fast forward to the present, and the EU continues to allocate a substantial 1.06 billion euros annually to support the wine industry. However, changing consumer preferences, with more people opting for beer and alternative beverages, coupled with the impact of Covid-19 shutting down bars and restaurants worldwide, has severely affected wine sales.

European Commission data paints a bleak picture of declining wine consumption, with drops observed in Italy (down 7%), Spain (down 10%), France (down 15%), Germany (down 22%), and Portugal (down a staggering 34%).

In response, France is embracing innovation, encouraging the wine industry to adapt to this ever-evolving landscape or even consider diversifying into products like olives. It’s a call for French winemakers to sip, swirl, and navigate these changing times.

News

Iran buries nuclear site entrances amid rising tensions with the U.S.

Published

1 hour ago

February 11, 2026

Harvey Vargas

Satellite images reveal that Iran has buried all three tunnel entrances at its Isfahan nuclear complex. Analysts say the move mirrors defensive preparations taken before U.S. airstrikes devastated the facility last year, with no vehicle or personnel activity visible around the entrances.

The burial appears aimed at limiting damage from potential airstrikes and complicating any ground raid targeting enriched uranium stored in the underground facility. Experts suggest equipment or materials may have been moved into the tunnels for protection, though this remains unconfirmed.

The fortification comes amid ongoing U.S.-Iran tensions. President Trump has demanded Iran curb its nuclear program, warning of military action, while Tehran insists halting uranium enrichment is unacceptable. Recent indirect talks in Oman showed little progress toward a new deal.

News

Armed figure seen on CCTV as search intensifies for Savannah Guthries mother

CCTV shows armed figure near Nancy Guthrie’s home as search for the missing 84-year-old mother continues into week two.

Published

8 hours ago

February 11, 2026

Harvey Vargas

CCTV shows an armed figure near Nancy Guthrie’s home as the search for the missing 84-year-old mother continues into week two.

New CCTV footage has been released as police intensify the search for Nancy Guthrie, the mother of US Today show presenter Savannah Guthrie, who vanished in Tucson, Arizona.

The 84-year-old disappeared after returning home on January 31, with authorities now believing she may have been kidnapped during the early hours of February 1.

Investigators say the case has entered a critical phase as public attention grows around the alarming circumstances of her disappearance.

#BreakingNews #USNews #MissingPerson #TrueCrime #SavannahGuthrie #CCTVFootage #CrimeWatch #TickerNews

News

Trump hints at military pressure as U.S. and Iran resume nuclear talks

US-Iran restart nuclear talks in Oman amid cautious optimism, while Trump considers military escalation and Israel demands stricter missile terms.

Published

8 hours ago

February 11, 2026

Harvey Vargas

US-Iran restart nuclear talks in Oman amid cautious optimism, while Trump considers military escalation and Israel demands stricter missile terms.

The United States and Iran have returned to the negotiating table in Oman, marking a fresh attempt to ease escalating nuclear tensions between the two long-time rivals. President Donald Trump described the talks as promising, suggesting momentum toward further discussions.

Iran’s Foreign Minister echoed cautious optimism, calling the meetings a positive first step while acknowledging deep-seated trust issues remain unresolved. At the heart of the talks is a major sticking point — the White House’s insistence that Iran dismantle its nuclear capability entirely.

Iran, however, maintains it has a sovereign right to enrich uranium, setting the stage for difficult negotiations ahead as both sides test whether diplomacy can hold.

#USIran #NuclearTalks #MiddleEastPolitics #Trump #IranNuclear #GlobalDiplomacy #WorldNews #TickerNews