NUMBER 11 of Wine News, the e-Letter from the WineCountry.IT network. (Would you
rather see the e-Letter on your favorite browser? Use
this link. Usa il link seguente se vuoi leggere
le News in italiano).
This is the 11th and last e-Letter of 2010. Twelve months ago we looked foward to a year during which the economy would start a slow climb back toward normalcy.
Instead, our hopes tanked along with the world market which hit new lows. European countries risked bankruptcy and had to be bailed out by the European Community. In the US more banks went belly up and millions more people lost their jobs while many were underemployed, though grateful to have any job at all.
Despite the many temporary jobs which have been created by what seemed like a resurgence of retail sales for the holidays, the US employment report just released revealed a 0.2% increase in unemployment applications.
For many this will be a sad, cold holiday season, but do not let the bad news take hold. Let's all work together in the spirit of the season to overcome this period of lean cows and kick start the economy worldwide again. The WineCountry.IT team raises its glasses in a worldwide toast to good will.
Loris Scagliarini, WineCountry.IT President