exist, and then you say everybody has a right to their own opinion except the one opinion you don't have a right to is that truth exists. that is found, it's sort of like the rules based order, right? we make the rules and not only do we make the rules, but the rules are arbitrary, they are changed every 30 seconds. and so i think, you know, it's, people are definitely waking up it's, it's a complete fraud. and a sham everyone has the right to their own opinion, unless you have the wrong opinion, in which case we will execute you. that's not terribly liberal. is it the, the service of moscow financial for them is being held in russia's capital with the national prime minister. and we've had me shifted and other problem officials among those in attendance. so the thought of this it has focus on national economic analysis group policies,

as well as the long term sustainability of the countries financial system. i made a global times, the nation. it has included representatives of the federal and regional governments as well as business needs. this en ceos of local and international corporations. i shouldn't find as samantha i'm to, i'm sending you i know from said the old briggs. these are actively discussing the use of national conferences in cost for the transactions. with that topic, in spite seems to be high on the agenda. the next big summit. it's big enough for insurance. we are reconfiguring all our western connections to the southeast and this trend will continue. as for the alternative to swift, within the bricks, organization, a number of countries have their own such systems. yes, we are now developing settlement systems within national currencies using natural systems for transmitting financial messages. we're trying to implement our system for transmitting financial messages. our chinese partners have their own system,

other bricks, countries are either creating or have systems. so for now, this issue is a topic for discussion at the level of the financial departments of the bricks member countries and will be next year. one of the issues on the agenda. well, last off of this thing is out, as always, is going to have your company here or not see mine. but at the moment, the in many ways, the wesley crane prophecy war in russia is all about narratives. first deployed was russia's unprovoked, the time. then it was admitted, there was nato's expansion. is that sort of this a catalyst starting the conflict? now we're told it's all about the future conflict with china and take your pick. it all boils down to western gemini

mankind have been firm and tang grades into wines for thousands of years. ancient culture do use wines as means for communicating with their gods. and even today we can find references to wine as a status symbol. it is often portrayed as a drink of choice for the culture of the educated, the wealthy and sophisticated man. but trends are changing as globalization has brought about a democratize ation of wind. i'm because the iron today, we're going to be exploring the wonderful world of winds from the top producers to the top consumers, the 4 countries, italy, spain, france, in the us, produced more than half the wine in the world. italy produces over 44000000 heck, the leaders of wine a year, followed by spain at 35000000. heck, the leaders, france at $34.00, and the us at $24.00. heck,

the leaders and these 4 countries are not surprised when we also huge consumers of wine as well. but if we break down consumption by capital, portugal is actually the biggest winner of $51.00 leaders per capita, followed by italy and france. while traditionally, wind has been cultivated in europe, production and consumption has been expanding into the southern hemisphere. south africa is now the 8th largest wine producer in the world, and the 6 largest exporter of wine to lately as 300 year old wind industry is being crushed by rolling blackouts that are delaying harvesting bottling and labeling. the interrupted power also impacts the watering of the vice, which stresses out the plants and reduces the size and number of fruit. this will have a big impact on the producer. profitability as harvest will be lower,

once harvested, degrades, can become over, right or damaged if refrigerator or climate control is interrupted. the power cuts can lead to temperature fluctuations. we can switch can adversely affect the fermentation process, resulting in all flavor barrels. the south african wine industry, as a result have increased wind prices by 7 percent. this year. the wine industry contributed more than $3100000000.00 to the nation's gross domestic product. last year was exports worth 10000000000 round. the 2023 harvest is estimated at $1200000.00 tons, which is 14 percent smaller than last year, is due to a lack of electricity in intensely irrigated areas. officials are now concerned that irrigated wind great production isn't sustainable. if locating gets worse, the u. k continues to be south africa's largest wind export market and bought the wide or global trend by increasing their imports for wind by 8 percent last year.

despite the higher prices. even though south african wines are mostly consumed locally, there is one winemaker trying to make it a global trend. we are joined by award winning winemaker, carmen stevens from carmen stevens wines to explore some more of the african wine market. so comments what brought you into the wine business and made you a successful award winning winemaker in south africa? so what got me into wine was reading, reading, reading, novels, reading. so i come from a very poor background with one. let's do a part of my brain. but i've been a new about one because wanted to view the negative impact on now communities. what attracted me to one was i think, appealing, so it comes with wine. no, it's everything is green,

everything is beautiful. you know, these amazing people, these amazing food wine, amazing regions of to that really is if i think back now that is probably what she gave me before was the community when i grew up in indeed an aspect i liked, i liked what wine. they proceeded to, to me in those knowns, what does the future hold for a south african wine industry? the future for south africa, i think in terms of one is, this is quite bright. these a lot of the young, an upcoming in a j t dynamic new younger generation of one makers coming into into the sector. they kind of a lot. they left the experiment they tied to showcase was so if he could can offer we are based on lots of focus on shannon blanca,

not to mention them long. great. i just saw the africa and how to improve on what we already have. so i think this new generation of looking and approaching months, the different and i think it's going to add basements, lead to, i'll say, i'll growth in the international market space. and how does the cost of producing wine very across different wind producing regions around the world? it's very difficult question on to to the question, but i can tell you is that in south africa the so many patients that's needed for outlines and i feel this is my personal opinion. you said the world is, was too hot in south africa because we have to have so many patients in

place and what that comes out is equal all we in our winemaking, how difficult do we treat our workers? what? what is the working conditions which is perfect? i want to make it very clear. that's of africa has always been on top of its game when it comes to conditions of work and looking at what people gets paid. but i think in every country you gets you'll, you'll, you'll, you'll whine, some of the one people that does not conform. it's not just in south africa. and gets of africa is being, you know, almost the focus is more on what is needed in the south african wine industry than what is positive through my industry. and that brings us about how difficult

is the world when it looks at south africa in terms of pricing or phone lines because we make amazing wines all wines of boys over deliver it in terms of quality. yet we, i do not see the same reason you coming back to this country because the rest of the world look at us and say, but it's a federal country and we can get away with pain as little as possible for amazing one. now, if you come to me and you ask me how, if equal, you are things you need to of oscar out south. how difficult is the buyer? because if you can sell a self african product in your for lease money, oh, you buy for lease money and get you off putting that on your shelf so much. i a monkey. how difficult is that from your site

and are you is the, will the thought of the problem of south africa with people not being treated fairly in terms of loving weight? what is the world a role in making the more of an ethical training? um, what do you call the trading tubs? because if you seem to not just come from out of out of pocket to know that i'll try was of a thing of fines because it sustained the ability is gone. i don't we keep them producing wines. the world one, all wines the consumer want ones, but we're not getting paid for what we deliver. and that for me is the

critical point here. and that for me says we need to speak to the consumer this, the consumer understand the would difficult. and the problem in being difficult to books, not just in south africa, in argentina, the antennas and all these countries, we wind up being bought at such a lower price points. and so much higher price point in who's making that money. because basically, in our case, lots of other specific regions known for producing winds more efficiently resulting in lower production costs. so south africa is one of those countries we labor is to spill the cheap. so we have a huge workforce. we have a huge unemployment direct line making in many cases, seasonal thing. so we would say just because

in terms of what we can do with our labor force makes up the product. probably a little bit less costly. but that doesn't mean it is the face. you know, the places in the, at the, we over the level that we, we have the ability to, to bring in people or people, they hands sorting off with the sun that's done by people in the sun. so the fact that we have a workforce that can do that, and really what they call a minimum wage makes us one of those countries when it comes to costing probably you know, more affordable. now in the past, for us in italy,

we're known as having the best and most premium lines. is that still the case, or is there another country that's giving it a run for its money? i think is the world evolves and it has $1.00 make this a traveling and she is not each shaving experience. it's one more the country select south africa is coming to the full i think that's on the quantity perspective. we can compete against anybody. if you choose, obviously these different quality products, but if you put this up in any quality packet against another country like utility, like funds, i think i think the wolf will be shop. that's what we really are producing and how how more affordable the same quality product,

these from a company that's an advocate comparison to utility in front. i don't think we have to stand by putting anybody. i think we make. we are producing amazing wines. and i think retailers are noticing that's nothing, that is why they such a huge inquiry into something we want what countries are experiencing significant growth in their wind industries and what's contributing to this growth . so i believe that new zealand is really, really booming, using it's prompting new when it's more of an it's using and it's really investing in new wineries. it's also coming in and the small, not small one is a huge establishment. so you know, um and, and the reason for that is because they sold a much,

a huge request for new zealand, especially for solving your block in the style of some of your blogs that they produce. that said douglas, cindy, seeing that south africa is fall behind in terms of quality. no, i think it's just a market themselves quite well. and i would say on the top statement is quite extend outstanding. some new plans and because of that investment then that's the sort of the consumer for that product. they have the ability to grow, they have the ability to invest, launch new lines in. okay? so you must pull it up because we don't get, we know what people are willing to pay for the product doesn't make us really sustainable. thank you so much comment, but please stick around. winemaker, carmen stevens will stay with us right after the break. and when we come back in recent years, wine has captured the pallets of age and consumers worldwide. don't go away.

the acceptance, and i'm here to plan with you whatever you do, you do not watch my new show. seriously. why watch something that's so different. i listed of opinions that he won't get anywhere else. what are the plans that you have the state department, the c i a weapons makers, multi $1000000000.00 corporations. choose your fax for you. go ahead. change and whatever you do. don't myself stay main street because i'm probably going to make you uncomfortable. my show is called direction. but again, it's not. we don't want to watch it because it might just change the way and say

the dark goodness. but this was really made so that way they might still go to the new one, the 1st family feeling either or more for more than the frontier needs that the chest into assisted living. i think it's better to move on says weight based on just one is near reading it the shipper. so, and so while wine is you pick what is in the western world. there are many asian lines, but there's a very good reason for that. most asian countries are closer to the equator where they experienced more tropical climates with plenty of rainfall. this is not

conducive to the production of grapes. also, many countries have extreme changes in temperature in climate with monsoons and tie foods. so because of this, wine is predominantly a western or european alcoholic beverage. but in recent years of globalization, wine has begun to capture the interest of the growing middle class. china has quickly become one of the largest consumers of mine and in recent years have also started to produce wine as well. and this is not an easy feat as the vines must be buried through the winter in order to stay alive during the extremely cold and dry winter's in. china is rags. 9th, in terms of wind consumption by country and 40 years, it's turned to australian wind quickly becoming its biggest buyer and importing 40 percent of australian's total wine exports. but in 2020, after the australian prime minister at the time called for an investigation into

cove, its origin, beijing became furious at them for playing political games, meant to assign blame and response. china impose a punitive tear on 116 to 218 percent on australian wind. and the country's biggest overseas market vanished almost immediately. sales to china plummet is 97 percent that 1st year. australian grape growers are still suffering today as a result. as this year there is even less demand for red wine. farmers are facing a choice between selling grapes, a huge loss or keeping costs to a minimum and not even harvested. and while many are focusing on the markets in the us tile and singapore and malaysia, none of them are big enough to fill the gap left by china. there is still about a 25 percent surplus of national wind gray prop with no obvious destination in

china has instead turned to south african and the us wines to phil is demand. meanwhile, japan is leading asians, nation in wine in port in 2022 would have thought a 31 percent increase in the value of imported wine and 8.9 percent rise in volume . the japan wine market is projected to exhibit a growth rate of 6.3 percent to 2028. as a changing consumer preferences, horrible western beverages and rising wind torres and drives the market. japanese consumers have been shifting away from traditional alcoholic beverages like soccer and beer. and instead embracing wine, especially among the younger generation who are more health conscious. friends in chalet and wine are the largest share of japanese imports of wine at 29 and 26 percent, respectively. for this in more or less bringing again award winning winemaker, carmen stevens from carmen stevens wines. so how do market demands and consumer

preferences influence the growth trajectory of different wind producing countries? it speaks to use the landed space of the month for the product that speaks to the growth the consumer. once it's given we in the world people one store. so looking for new zealand to the new zealand style, some of your long coming out of the country and that's makes more and more people wanted big investments with them be approved for them. absolutely. and what are some of the challenges faced by wine makers in different regions that impact their production costs? so, i've seen different kinds of different challenges. in our case, we had a challenge with war to not so long ago, you know, resources in terms of 40 electricity for other countries. it might be that they have a bad. yeah. and they have to mitigate that. but i do believe that seems to

balance himself out of it again coming back to south africa. biggest challenge is probably we we, we have to buckle supplying. and so we want to bring in bottles. it's such an extra cost. you know, so i'll challenge is how to get how product to democracy in the most efficient cost efficient way. and because if you take, if you take a shipments on south africa to europe, it takes about 6 weeks. that these are the challenge we as in your, you know, and fantastic trying to treat them as a safety. and that is in place. makes the, the flow of getting the product to the market. so much easy and unless it will cost cost effective funding. how do foreign investors influence the wind production or the industry? so these, these being in flux, but the stevie cro

o. c. the interest of foreign investors into south africa into the windings because you get really amazing, amazing, did was in south africa. it's if you can be it to what it would cost you to have that phone's anywhere else in the world. it's like a small section of the price people pay your so i think a lot of interfaces are seeing the potential in south africa. they see that if it's, i mean it's like as of the facts of price and we are definitely seeing more investment specifically in south african agriculture land for wine. it's good for us. i think, i think it's fantastic that will this really looking to south africa for that,

you know, for the future for, for growth in this, in the south african wine industry. and i, i hope that this, that would open more markets for scientific minds because lots of people that's easy to be seen really has access to walk. and if they can take the south african products out, it's a move mancha to give it to move presence, fantastic. for us and carmen, how has the rise of e commerce platforms impacted wine, sales and distribution? absolutely, and i think the basics on for the veterans doing cove, you know, suddenly enough, you know, but as of africa for, for quite some time we were looking out. so ones, so the response will close in. so what happened was that the one res, via nice, we need to put something else in motion. yeah. and

a lot of them launched that phones online platforms and sold one online. that was to be delivered often the restrictions was lifted, so the online textbook means as really boomed and scope, it also showed the winds that was probably not up to date with the new technology in terms of the intimate how to promote themselves and the but much more fig, deflate it's a cheaper way that we're using social media to also help that on. and suddenly more and more people are using um, social media and the e commerce platforms and they are seeing really most of the trust them, which is fantastic. thank you. so much carmen for all your time today to globally

whine is a category that is in slow, a decline with fewer and fewer people drinking less wine every year. well, economic uncertainties are leading wind consumers to cut back on discretionary spending. it seems that premium wise are still performing significantly better than their lower price counterparts. one of the biggest global trends in the drink sector is moderation moderation rates are the highest among the younger wine consumers with the age group below 34, significantly more likely to reduce alcohol consumption in some way. however, low alcohol whine and sparkling winds our growth markets in areas like the us, germany, japan, and the u. k. so it seems like the wine industry will have to pivot in order to accommodate the tastes of the younger generation in order to avoid being the biggest loser. i'm christy. i. thanks for watching and we'll see you right back your next time on the cost of everything.

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longest through the territory. i've never won a terabyte will cease to exist at the end of the lot of supporting the region to ask make our meeting president of the last comment as, as i don't take full control over live legion. so i have all of us in this house. the place on friday, i just didn't do it. i was going to use to refuse to take personal responsibility the other way. then at this not as you collaborate to empowerment. so i'm pulling the vision, suggested rain is need may be in jeopardy. oral know, is it under this prime minister nazi was honored in this place. the question is, is who speaks for canada?

and if it's not his prime minister isn't it time for canadians to have one.