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From: lewis.perdue@wineindustryinsight.com

Subject: Ridge Vineyards, labor contractor fined for "deplorable" worker living conditions - Top U.S. Senator slams EPA in Duarte lawsuit - French vintners threaten to block Tour de France after Chilean wine chosen as sponsor -- FEBRUARY 29, 2016 - WINE NEWS FETCH

Date: 2016-02-28 18:36:23

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Please use CMD+F (Mac) or CRTL+ F(Windows) to find your specific search term within this issue of NewsFetch. This "double search" is due to our links sourcing from websites not within WineIndustryInsight.
How can a Big Mac tell whether foreign exchange rates are honest and not manipulated by the government? Scroll down to Daily Data to find out.
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  Duarte Nursery, Inc. is a family owned and operated nursery located near Modesto in the Central Valley of California. Duarte Nursery is the largest permanent crops nursery in the United States, with a history of aggressively marketing innovative products.  


DAILY NEWS FETCH - February 29, 2016

CREATED BY WINE INDUSTRY INSIGHT   & MADE POSSIBLE BY OUR SPONSORS

Publisher/Executive Editor, Lewis Perdue -- Editor, Becca Yeamans-Irwin
 
 
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TODAY'S TOP NEWS

How can a Big Mac tell whether foreign exchange rates are honest and not manipulated by the government? Scroll down to Daily Data to find out.

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The following Help Wanted Ads are active on WinerySite.com as of February 29, 2016.
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Tasting Room/Wine Club Manager The Meeker Vineyard Geyserville CA DOE lucas@meekerwine.com
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GIVE US THIS DAY OUR DAILY DATA

The Economist's "Big Mac Index"

THE Big Mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level.  

It is based on the theory of purchasing-power parity (PPP), the notion that in the long run exchange rates should move towards the rate that would equalise the prices of an identical basket of goods and services (in this case, a burger) in any two countries.  

For example, the average price of a Big Mac in America in January 2016 was $4.93; in China it was only $2.68 at market exchange rates. So the "raw" Big Mac index says that the yuan was undervalued by 46% at that time.  Screen Shot 2016-02-28 at 3.25.47 PM Right-click map to view a larger image. Also, you may also click on the source link to use the interactive map.

Source (and awesome interactive map): The Economist


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While creating this issue, Lew liked this song best: I Hold On by Dierks Bentley



This NewsFetch was hand-crafted for you by Editor/Publisher Lewis Perdue with invaluable assistance from techno-über dude Mark Buckley. Editor Becca Yeamans-Irwin (The Academic Wino) is on maternity leave.


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Lewis Perdue
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Email: lewis.perdue@wineindustryinsight.com