The chart of the day is courtesy of The Telegraph and discussed by Sol Palha on Safehaven, that shows several Global Central Banks have embraced very low interest rate or even Negative Interest Rate Policies (NIRP) to try and arrest deflation and fuel growth. The jury is out on whether this would work long term as such an experiment in Japan is ending in failure.
Troubled Times For Wine In 2023: Global Production And Consumption Shrinking
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In 2023, the world wine production declined by 10% to reach 237.3 million
hectolitres. Wine consumption also decreased as did world vineyard surface.
16 minutes ago
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