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Protectionism is raising risks to companies’ global supply chains

Tuesday 14 February 2017 5:34 pm Companies now rely on globally integrated supply chains for products, but restrictions to trade have accelerated, with the World Trade Organisation reporting a rate of 22 measures per month for regulations impeding free trade.Read more: The European Union is vulnerable to global trade slowdownThe fall in the value of sterling after the EU referendum in the UK has added to supply chain risk in Europe, according to the report, with major implications for trade across the Channel. The report also highlights the risks of the UK leaving the Single EU’s Market, although the government has insisted it will be able to secure wide-ranging trade deal after Brexit.While globalisation has led to millions of people being lifted out of poverty along with much cheaper goods for richer nations, politicians across the developed nations have ridden a wave of anti-globalisation sentiment in the years since the financial crisis.The election of Donald Trump as US President promises to accelerate this movement. Trump campaigned on a promise to “bring back” millions of jobs supposedly lost to China, and has promised heavy barriers to trade with Mexico. whatsapp whatsapp Jasper Jolly Protectionism is raising risks to companies’ global supply chains Firms looking to mitigate the risk of disruptions supply could look to bring operations back to their primary country, avoiding tariffs and other economically nationalist measures.Read more: Trump is wrong: Protectionism leads to misery, not prosperityJohn Glen, an economist at Chartered Institute of Procurement & Supply (CIPS), which commissioned the survey, said: “Re-shoring supply chains will be an increasingly attractive prospect in the months to come. But these are uncertain times for supply chain managers and there is no quick fix for the months ahead.”Companies such as air conditioning manufacturer Carrier have already committed to keeping jobs in the US rather than outsourcing in exchange for tax subsidies.Bodhi Ganguli, lead economist at Dun & Bradstreet, said: “Uncertainty stemming from significant trade and foreign policy changes implemented by the new US government will be one of the main drivers of supply chain risk over the next few quarters. The process of Brexit is also set to start in the first quarter, and will roil the current supply chain environment in Europe.” Share Protectionism and macroeconomic uncertainty have increased the risks to the world’s supply chains to the highest level in 24 years, according to an index tracking world trade.The index grew to a record high as Western Europe saw risks to the world economy’s globalised structure increase markedly, according to economists at Dun & Bradstreet. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeAnyMuscle9 early warning signs and symptoms of diabetesAnyMuscleInfo-incredible.xyzTop 10 Cutest Animals In The WorldInfo-incredible.xyzVOIP | Search AdsAmericans May Be Ditching Their Cell Carriers For VOIPVOIP | Search AdsRecetas Get5 Signs of colon cancer to watch out forRecetas GetBasement Repair | Search AdsCrawl Space Foundation Fix? May Now Be Even More Affordable in Scottsdale. Check optionsBasement Repair | Search AdsMedicare ObserverJanet Jackson’s Son Has Grown Up, Sit Down Before You See HimMedicare ObserveralldelishThe 14 Healthiest Vegetables on EarthalldelishWorld LifestyleTeacher Won’t Let Girl Eat, Has No Clue Who Mom IsWorld LifestyleCustomize Watch Gift”To My Husband” Customize Watch GiftCustomize Watch Gift read more

U.S. and Canadian halibut numbers could see decline, scientists say

first_imgFisheries | Nation & World | Oceans | Southeast | WildlifeU.S. and Canadian halibut numbers could see decline, scientists sayNovember 29, 2017 by Joe Viechnicki, KFSK-Petersburg Share:Scientists have found fewer younger halibut in survey fishing done up and down the U.S. and Canada coast this year, which could signal decline in upcoming years. (Photo courtesy International Pacific Halibut Commission)Scientists monitoring halibut say there could be a decline in the bottom fish along the coast of the U.S. and Canada in upcoming years if the current level of fishing continues.The International Pacific Halibut Commission oversees management of the fish along the coast from Alaska to California.Commissioners had an interim meeting Tuesday and Wednesday in Seattle and heard about this year’s catch and the latest estimates of halibut stocks.Scientists found fewer younger halibut in survey fishing done up and down the coast this year, which could signal a decrease in halibut numbers and what’s caught in the commercial fishery in upcoming years.“What we are starting to see here is a projection we’ve got fewer young fish coming into the stock and that’s very consistent with the setline survey dropping in terms of numbers and it’s also why we’re really not seeing it yet in the commercial fishery,” said Ian Stewart, a quantitative scientist with the commission. “Because that fishery is still largely dominated by these better year classes that are still present in the fishery catch. But will be decreasing in the fishery catch over the next several years.”The IPHC’s survey found a decrease from last year in the number of halibut caught.Coast-wide that drop was 24 percent from 2016, with some variation between different parts of the coast. Meanwhile, catch rates actually increased in the commercial fishery in some areas.Coast-wide commercial catches this year topped 26 million pounds.Fishing fleets targeting other species caught another 6 million pounds of halibut as bycatch.Staff scientists don’t recommend catch levels to the U.S. and Canadian commissioners. Instead they present the likelihood of future declines or increases in fish stocks based on different catch limits.Because fish numbers are dropping, most areas of the coast could see decreases in the commercial and charter catch limits next year if the commission decides to stay with the same level of fishing intensity as 2017.Commissioner Linda Behnken of Alaska asked for more clarity on the impacts of those catch limits for the future.“It does seem as if the reductions we’re seeing you calling for here indicated are really driven by recruitment and the fact that there’s not small fish moving in to replace the bigger fish, or to recruit into the fishery,” Behnken said. “I think part of what we’re going to have to understand when we take action at the annual meeting is how sensitive the population is in the future projections to the fishing intensity levels.”The commission will decide catch limits at their annual meeting in Portland, Oregon, in late January.They’ll also be considering various regulatory changes and setting the season dates for next year.Share this story:last_img read more

7 Things You Didn’t Know About Cabaret, Straight from the Mouth…

first_imgMusicTheater7 Things You Didn’t Know About Cabaret, Straight from the Mouth of Composer John KanderA series of fun facts to prepare you for the show’s run at the PantagesBy Craig Byrd – July 21, 20161894ShareEmailFacebookTwitterPinterestReddItComposers have long been using musicals as a medium for social commentary. Given what we know (or think we know) of Cabaret from the memorable 1972 film—or the countless productions of the show—it was considered very provocative when it debuted in November of 1966: Here was a show that dealt with the rise of the Nazis (in a much darker way than The Sound of Music, which premiered in 1959), bisexuality, abortion, and the ugliness of human behavior. Dark topics for the time, but all set to the memorable songs by composer John Kander and lyricist Fred Ebb. With the touring production of Cabaret currently running at the Pantages Theatre in Hollywood, 89-year-old Kander took time to reveal some little known stories about the show.He thinks the title song is regularly performed incorrectlyIf you take the song without any context, it sounds like a really joyous, upbeat song. If you take it in context, it’s an awful moment in the life of the person who is singing it. She decides in the middle of it, I’ve always felt, to have an abortion. I don’t know that you can get that without the context.The song “I Don’t Care Much” was written at a dinner partyWe wrote really fast. I was at Fred’s house for dinner one night with three other people. We were talking about how fast we found ourselves writing. We got boastful, and Freddy said, “Clear the table, and we’ll write you a song between desert and coffee.” They took us up on it. We went to the piano and Fred said, “What do we write about?” I said, “I don’t know. I don’t care much.” Fred said, “Play a waltz.” I played a waltz and we wrote “I Don’t Care Much.”During previews, they tried making “Cabaret” Sally Bowles’s first song and “I Don’t Care Much” her lastGoddard Lieberson, Columbia Records President, felt very strongly [about that]. We respected him a lot. We knew it was a terrible idea. We did it one matinee, and it really died.There are three different versions of “Cabaret”There are three versions now which we sanction. I don’t know that there will [be one definitive version]. I’m fond of all three. When “Meeskite” was taken out, I think we focused a little more clearly on exactly what was happening in Berlin. German Jews, some of my own family as a matter of fact, considered themselves much more German than Jewish, so it was a little dishonest.His first reaction to the film wasn’t positiveIt was so enormously different than the piece we had written. It took us time to get used to it. The first time Freddy and I saw it, we were kind of bewildered by it. The second time I thought it was just extraordinary.You’d be surprised how people respond to songs in the showA few years after Cabaret opened and ‘Tomorrow Belongs to Me” became kind of well-known, I got a note from a Jewish boy’s camp asking if they could use it for their camp song. I had to write back to explain what the song was. [Editor’s note: The song is written from the perspective of Nazi sympathizers.]He would love for Cabaret to feel dated, but fears it never willI think, unfortunately, as long as people act out of hatred, Cabaret will always be pertinent. Wouldn’t it be great if you went to see Cabaret and said, “I don’t get it, the world isn’t like this.” But the world is like this. I think it’s sort of ironic. Its popularity is an indictment of the world we live in. TAGSJohn KanderFred EbbPantagesCabaretCurtain CallPrevious articleSanta Monica Is Getting Fancy New CrosswalksNext article10 Interesting Things To Do This Weekend, 7/21Craig Byrd RELATED ARTICLESMORE FROM AUTHORThe On-Sale Date for L.A. Hamilton Tickets Has Finally Been AnnouncedAnother Magic Castle Is Opening Soon, and We’re Trembling with AnticipationTry These Calming Activities When Holiday Stress Is Ruining Your Lifelast_img read more

The Cinerama Dome Is Doing Something Special for Its 55th Birthday

first_imgArchitectureFilmL.A. HistoryThings to DoThe Cinerama Dome Is Doing Something Special for Its 55th BirthdayClassic films in classic styleBy Chris Nichols – September 10, 20184461ShareEmailFacebookTwitterPinterestReddItThe Cinerama Dome is turning 55 this fall (now it can order off the senior menu at Denny’s) and ArcLight is celebrating with screenings of classic films that originally premiered at the historic theater, including one in the forgotten ultra-deluxe film format the theater is named for.The Cinerama Dome in May of 1964, still showing It’s a Mad, Mad, Mad, Mad WorldL. Mildred Harris / Los Angeles Photographers Photo Collection/Los Angeles Public LibraryStudio executives blamed television for a decline in movie going during the 1950s and tried all sorts of techniques, from 3-D to Smell-O-Vision to lure audiences back into theaters. Film companies developed richer colors, better sound, and bigger and bigger pictures. Some were so wide that theaters had to tear down walls to install larger screens. The Cinerama picture was so enormous that it took three cameras, stacked side by side, to capture all the action.The curved screen at the Cinerama Dome is 89 feet wide.Los Angeles Herald Examiner Photo Collection/Los Angeles Public LibraryBy the time the all-star cowboy epic How the West Was Won was released in 1962, the cumbersome process of simultaneously projecting three strips of film had worn out its welcome. That film originally premiered at a retrofitted 1920s movie palace on Hollywood Boulevard, but will show on the Dome’s curved 89-foot-wide screen on October 21.The anniversary series kicks off with the World War II epic Battle of the Bulge on September 30. Race car picture Grand Prix debuted at the dome in 1965, and will play there again on October 7. The celebration culminates with the movie that opened the theater in 1963, It’s a Mad, Mad, Mad, Mad World. Watch for special guests at that screening on November 7.About 30 films were shot in ultra-wide-screen formats that are compatible with Cinerama, from 1950s travelogues to 2001: A Space Odyssey to Quentin Tarantino’s The Hateful Eight. Today,  only the Dome and the Seattle Cinerama can accommodate these films in their original format. It’s always a thrill walking into that room, looking up at the mathematical wonder of 316 pre-cast concrete panels and feeling like you’re walking into the future, even if that future came and went more than a half-century ago.RELATED: This Isn’t the First Time TV Has Threatened Movie TheatersStay up to date with everything you need to know about L.A. by following us on Facebook and Instagram. TAGSanniversariesArcLightArclight HollywoodCinerama DomeHollywoodPrevious articleThe Best Things to Do This Week in L.A.Next articleThis Sperm Donor Didn’t Think Much About His Side Gig—Until 20-Plus Children SurfacedChris Nichols RELATED ARTICLESMORE FROM AUTHORArcLight Cinemas and Pacific Theatres Are Permanently Shutting DownL.A. Hot Dog Landmark Pink’s Is Back Open for the First Time in MonthsEdna Jane’s BBQ Brings a Taste of the Carolinas to a Hollywood Side Streetlast_img read more

Members wanted for FSRA pension advisory committees

first_imgworkforce team work business people in motion success corporate ladder employees appointment notice ramcreative/123RF FSRA proposes guidance related to pension benefits upon marriage breakdown The Financial Services Regulatory Authority (FSRA) is creating three technical advisory committees to provide advice and feedback on key matters related to the pension sector, the regulator said in a release on Friday.The committees will form part of the FSRA’s stakeholder engagement process, helping to improve processes and approaches to regulation and reduce regulatory burden, the release said. Facebook LinkedIn Twitter The committees will provide advice in the following areas:missing plan members under registered pension plans,the transfer of assets between pension plans, andthe supervisory approach to Pension Benefits Guarantee Fund–eligible pension plans that carry a deficit and may be at risk of failure.Committee members will participate in at least three to five meetings beginning later this summer, the release said. For information on the nomination process and criteria for each committee, visit the FSRA’s website.This fall, the FSRA will also establish a committee to address the valuation and division of pension assets following the breakdown of a spousal relationship, the release said.Effective June 8, the FSRA assumed the regulatory duties of the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario. IE Staff DB pension solvency continues climb back: FSRA Keywords PensionsCompanies Financial Services Regulatory Authority of Ontario Related news FSRA founds advisory committee on pension sector Share this article and your comments with peers on social medialast_img read more

Persistence pays off for SEC tipster

first_img BFI investors plead for firm’s sale PwC alleges deleted emails, unusual transactions in Bridging Finance case Related news “This award recognizes the persistent efforts of the whistleblower to expose serious financial misconduct,” said Jane Norberg, chief of the SEC’s Office of the Whistleblower.The SEC does not disclose the details of whistleblower cases in order to protect the identity of tipsters.In this case, Norberg noted that the whistleblower “provided extensive and ongoing assistance” to SEC investigators, “including identifying witnesses and helping staff understand complex fact patterns and issues related to the matters under investigation.”The U.S. regulators has now paid out approximately US$520 million to 94 whistleblowers. Mouth mechanic turned market manipulator Keywords Whistleblowers,  EnforcementCompanies Securities and Exchange Commission Businessman Blowing Whistle Isolated on White Background EHStock/iStock Share this article and your comments with peers on social media A dogged whistleblower has been rewarded after successfully uncovering and alerting regulators to serious misconduct.The U.S. Securities and Exchange Commission (SEC) announced a payout of more than US$10 million for a tipster who provided crucial assistance to the regulator, ultimately resulting in an enforcement action. James Langton Facebook LinkedIn Twitterlast_img read more

Brazil: Reforms to spur competitiveness, productivity and trade would strengthen COVID-19 recovery

first_imgBrazil: Reforms to spur competitiveness, productivity and trade would strengthen COVID-19 recovery Brazil was pulling out of a long recession when the COVID-19 outbreak hit, bringing the economy back into another, even deeper recession. However, swift government support has helped millions of vulnerable households, including those without formal employment and social protection. A strong and inclusive recovery from the crisis that benefits all Brazilians will require additional ambitious reforms to boost jobs, productivity and trade, as well as to strengthen public finances and improve social protection, according to a new OECD report.The latest OECD Economic Survey of Brazil says that while the decisive response spared Brazil from a more severe economic impact, the pandemic will still significantly affect well-being and prosperity, taking a toll on people and businesses in the informal economy. The Survey estimates the COVID-19 crisis will cause GDP to shrink by 5% this year, followed by a return to growth of 2.6% in 2021 and 2.2% in 2022. Reforms to help firms to grow and compete internationally would enable Brazil to reap the benefits of integrating into global trade and to address rising poverty and inequality.“Brazil was making good progress on structural reforms prior to the pandemic, including its successful 2019 pension reform. The shock to the economy and society from COVID-19 makes it paramount to keep momentum going and tackle outstanding barriers to competition, productivity growth and foreign trade, as well as address pressing environmental challenges,” said OECD Secretary-General Angel Gurría, presenting the Survey. “The OECD is committed to work with Brazil to ensure a strong, inclusive and sustainable recovery and to build a better future for all Brazilians.” (Read the speech in full)The Survey estimates that an ambitious package of reforms to improve domestic regulation and competition, reduce barriers to foreign trade and improve institutions and economic governance would boost per-capita GDP growth by 0.9 percentage points per year over 15 years. Lowering trade barriers could also bring down the prices of many goods, with a tangible impact on the lives of ordinary Brazilians.The COVID-19 crisis has accentuated the need to further lighten the cumbersome regulations, including complex procedures for taxation, which hamper entrepreneurship and competition. An average medium-sized company in Brazil spends around 1,500 hours a year on procedures to pay taxes compared to 317 hours in Latin American countries or 159 hours in OECD countries. Investment in education, vocational training and adult skills would in turn help to build a more productive workforce ready for a more globally integrated economy. Evidence suggests that adult training programmes can make a real difference for workers seeking to move into better-paying jobs, provided that course content is well-aligned with local labour market needs.Inequality and poverty have edged up in Brazil over the last few years, reversing progress since 2000 due to strong growth, social transfers and improved education outcomes. The richest 10% of the population earn over four times that of the bottom 40%. Almost half of social benefits go to the wealthiest 20% of households. The Survey recommends better targeting transfers to those most in need, accelerating benefit concession for people who lose their jobs and withdrawing them more gradually. This would help to support the 40% of workers employed in the informal economy and not covered by unemployment schemes, and ensure an inclusive recovery from the crisis.The efficiency of public spending should be improved, as the pandemic is adding to Brazil’s already high public debt. There is scope to make significant savings with no impact on well-being. The Survey recommends reviewing tax exemptions and subsidies that account for almost 5% of GDP and trimming civil service costs.Brazil should also use the recovery as an opportunity to strengthen protection of the Amazon rainforest including through stronger enforcement of its forest law to stop illegal deforestation, focusing instead on the sustainable use of the Amazon’s economic potential.Browse OECD Economic Surveys: Brazil 2020See more on OECD-Brazil co-operation: The OECD and BrazilOECD analysis of the COVID-19 crisis and country responses: OECD Coronavirus Hub /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:america, Brazil, coronavirus, efficiency, employment, foreign trade, GDP, GDP growth, Government, inequality, Investment, OECD, rainforest, regulation, Secretary-General, sustainablelast_img read more

New Plan For Iconic Bells Beach − Elevated Walkway Rejected

first_imgNew Plan For Iconic Bells Beach − Elevated Walkway Rejected VIC PremierA new management plan for the iconic Bells Beach Surfing Recreation Reserve has been approved by the Andrews Labor Government.Minister for Energy, Environment and Climate Change, Lily D’Ambrosio approved the Bells Beach Surfing Recreation Reserve Coastal and Marine Management Plan, and agreed with an advisory committee that there was no pressing or overwhelming need for a permanent elevated platform.The Committee found event organisers were neutral about whether a permanent or temporary structure was needed.The Surf Coast Shire Council is the land manager for the Bells Beach Surfing Recreation Reserve and will implement the new management plan.The plan’s vision for the Reserve is to respect and protect the natural environment, Wadawurrung heritage and surfing culture of Bells Beach.The Labor Government signed a three-year deal for the Rip Curl Pro to return to Bells Beach in 2022.Read the advisory committee’s report at planning.vic.gov.au/panels-and-committees/browse-panels-and-committees/projects/great-ocean-road-region-sac.As stated by Minister for Energy, Environment and Climate Change Lily D’Ambrosio“I have approved the Bells Beach Surfing Recreation Reserve Coastal and Marine Management Plan, subject to the removal of the proposed elevated walkway and viewing platform.” “We’re ensuring the Rip Curl Pro returns the contest to its rightful place at Bells next year.” As stated by Member for South Barwon Darren Cheeseman“Bells Beach is a national and international icon, is heritage listed and is a culturally important place for the Wadawurrung People. This new Plan will ensure it is protected and well managed into the future.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Andrews, AusPol, Australia, beach, Bells Beach, climate, climate change, council, culture, deal, energy, environment, future, Government, Minister, Surf Coast, Surf Coast Shire, surfing, Victorialast_img read more

Astronaut Scott Kelly to speak at CU Boulder on Oct. 3

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: Sept. 4, 2018 Scott Kelly, former commander of the International Space Station and U.S. Navy captain, will speak at Macky Auditorium on Wednesday, Oct. 3.Kelly is being hosted by the Distinguished Speakers Board, a CU Boulder student-led organization. Doors will open at 6:15 p.m., with the event beginning at 7:30 p.m.CU Boulder student ($2) and faculty/staff ($15) tickets will be cash only and will require a valid Buff OneCard at time of purchase. Tickets will be sold weekdays beginning Monday, Sept. 17, from 10 a.m to 3 p.m. at the first-floor event table in the University Memorial Center and will continue through Oct. 2 or until tickets are sold out.Public tickets ($25) will be available beginning at 10 a.m. Monday, Sept. 17, exclusively at colorado.edu/macky. Audience members are encouraged to submit questions for Kelly via #KellyCU on Twitter or Facebook, which will be posed during a moderated Q&A following the speech.About Scott KellyKelly began his career as an engineer, fighter and test pilot for the U.S. Navy. As the American record-holder for the most consecutive days spent in space, Kelly has flown on four space flights, serving on three International Space Station (ISS) missions.He also has won numerous awards, including the the NASA Outstanding Leadership Medal and Navy Achievement Medal. His book Endurance: A Year in Space, a Lifetime of Discovery was recently featured on The New York Times bestseller list.“Kelly is a highly distinguished speaker and astronaut, who has captivated the world while laying the groundwork for future space travel and exploration,” said CU Boulder student Jessica Yan, chair of the Distinguished Speakers Board. “Kelly, with his humor and wit, will share the extraordinary story of his 143-million-mile adventure and year spent in space.”If you goWho: Open to the publicWhat: Talk with Scott KellyWhen: Wednesday, Oct. 3, 7 p.m.Where: Macky AuditoriumTickets go on sale Monday, Sept. 17.About the Distinguished Speakers BoardThe Distinguished Speakers Board is a student-run cost center of CU Student Government. Past speakers the board has hosted include Anderson Cooper, Brené Brown, Laverne Cox, Edward Snowden (via videoconference), Rudy Giuliani, Madeleine Albright and many more.CU Boulder and the Distinguished Speakers Board are committed to providing equal access to individuals with disabilities. If you are planning to attend this event and will require accommodations, please contact [email protected] no later than seven days prior to the event. All reasonable efforts will be made to fulfill requests submitted after the deadline. Please see accessibility at Macky Auditorium for further information.Categories:Lectures & PresentationsEvents & Exhibitslast_img read more

The Santa Cruz Mountains AVA Garners Royal Recognition and Industry Acclaim

first_imgEmail Pinterest AdvertisementThe Under-the-Radar California Wine Region is in the Spotlight Due to a Surprise Inclusion in the Royal Nuptials and Accolades from a Top CriticAPTOS, Calif.  (June 8, 2018)—The Santa Cruz Mountains AVA makes headlines this week with confirmation that one of the region’s wines was poured at the Royal Wedding, as well as a comprehensive report in Robert Parker’s Wine Advocate—“the most extensive review of the Santa Cruz Mountains ever”—which includes 125 90-points or higher ratings and several 100-point scores for one producer. While the former puts the Santa Cruz Mountains on the pop culture map, the latter places the AVA firmly in the company of California’s best wine regions.“We are thrilled to see the Santa Cruz Mountains AVA coming into its own,” comments Megan Metz, the executive director of the Santa Cruz Mountains Winegrowers Association. “Many still don’t realize our producers are making some of California’s best wines. With the incredible news we received this week, we hope that is beginning to change.”Representatives from Mount Eden Vineyards confirm that their Domaine Eden Pinot Noir was poured at the wedding celebration of the Duke and Duchess of Sussex on May 19, 2018. Nielsen reports that an estimated 29.2 million Americans tuned in to watch this momentous occasion. Meghan Markle, the newest member of the British royal family and former actress from Los Angeles, has frequently named pinot noir as her favorite wine in the news.Photo Credit: Mount Eden VineyardsThat their wine was served at the event came as a surprise even to the winery, particularly following extensive speculation by national networks such as CNN that event guests would enjoy wine from California’s better known Sonoma or Napa regions. “We’re absolutely delighted that our wine was selected for the Royal Wedding,” says Ellie Patterson, Co-Owner and CEO of Mount Eden Vineyards. “After all, the Santa Cruz Mountains AVA is the birthplace of pinot noir in California, and our Domaine Eden Pinot Noir has balance and transparency that reflects the caliber of wines our region has to offer.”Wine Advocate’s Central Coast Wine Reviewer William Kelley validates Patterson’s remarks when he asserts, “Perched high above the Pacific, the hillside vineyards of the Santa Cruz Mountains are capable of producing some of the most exciting wine in California.” He acknowledges the region’s limited production by adding, “but demand is always likely to exceed supply.”In his “Recent Releases from the Santa Cruz Mountains” report at the end of May 2018, Kelley offered 90-points or higher ratings to 125 wines from the Santa Cruz Mountains. Multiple vintages of the Ridge Montebello Cabernet Sauvignon—1974, 1992, 2013 and 2017—earned perfect 100-point scores. Noting the original 1962 release of North America’s first post-Prohibition vineyard-designate Cabernet Sauvignon, Kelley comments, “While other wineries’ fortunes have risen and fallen, Ridge Vineyards’ Monte Bello has maintained a record of consistent brilliance unrivaled in California ever since that inaugural vintage.”Other Santa Cruz Mountains wines earning scores in the mid-90s and higher came from Rhys Vineyards, Mount Eden Vineyards, Mindego Ridge Vineyard, Sante Arcangeli Family Wines, Alfaro Family Vineyards, Thomas Fogarty Winery, Santa Cruz Mountain Vineyard and Lexington Wine Co.About the Santa Cruz Mountains Winegrowers AssociationThe Santa Cruz Mountain Winegrowers Association (SCMWA) is an alliance of more than 70 wineries and grape growers, most of them family-run, working to promote the unique aspects of the Santa Cruz Mountains AVA and its wines. Formed in 1981, the Santa Cruz Mountains AVA is nestled in one of the most unique winegrowing regions in the world, beginning just south of San Francisco and spanning the mountain range between the San Francisco Bay and the Pacific Ocean. Mountain terrain, marine influence, varied microclimates and distinctive soils combine to produce ideal conditions for high-quality winegrowing. The small size of the wineries allows for greater attention to detail, which maximizes the potential of the grapes. For more information about SCMWA, visit scmwa.org, call 831.685.8463 or email [email protected] Join the conversation on social media at Facebook.com/SCMWA, Twitter.com/SCMWA and Instagram.com/scmwine.Advertisement TAGSConsumerMount Eden VineyardsSanta Cruz Mountains Winegrowers Association Share Linkedin Home Industry News Releases The Santa Cruz Mountains AVA Garners Royal Recognition and Industry AcclaimIndustry News ReleasesWine BusinessThe Santa Cruz Mountains AVA Garners Royal Recognition and Industry AcclaimBy Press Release – June 8, 2018 145 0 Twitter ReddIt Facebook Previous articleTechnology Advances Farming and Winemaking Practices at RombauerNext articleThe Spotlight Falls on the International Bulk Wine and Spirits Show in San Francisco Press Releaselast_img read more