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07/11/14

A proposed tax hike could force some Chilean winemakers and grape growers out of business, it has been reported.

07/09/14

Today, wine in Chile is taxed at 15 percent per liter wholesale. That's high compared to other nations in the Organization for Economic Cooperation and Development that includes the much-wealthier major wine countries of Europe and the Americas. If the new tax, part of a much larger tax reform proposed by Chile's new government, is passed, as of September the new rate for all alcoholic beverages would be 18 percent plus 0.5 percent per degree of alcohol, which represents 60 percent more for a wine of 12 percent ABV than the present tax.

06/20/14

Within hours of Chile's famous victory, Bloomberg reported that shares in Viña Concha y Toro, the country's largest winemaker, and Compañia de las Cervecerias Unidas (CCU), the country's largest brewer (which also has a strong wine portfolio), had surged, buoyed up by the promise of increased alcohol sales as fans celebrate.

06/20/14

Spanish wine giant Miguel Torres has bought 230ha of land in Chile's Itata Valley region as part of a plan to insulate its wine business in the country from the effects of climate change.

06/19/14

CCU jumped 3.2 percent, the most in nine months, and Concha & Toro surged 3.4 percent. The stocks led gains in Chile's benchmark Ipsa index, which advanced 1.1 percent.

06/13/14

"When I was younger," said Chilean winemaker Felipe Tosso last night at an intimate tasting of his wines at Churrascos, "I made big and bold, intense, tannic wines. But now that I'm older [in his early 40s] and now that I'm a father and more mellow, I make more food-friendly wines. I want to have fun drinking my wines."

05/26/14

After years of dealing with a strong local currency, Chilean wine exporters began celebrating the peso's decline versus the U.S. dollar, but the cheering subsided when Chile's new administration in March sent a bill to Congress that includes raising taxes on companies and alcoholic beverages.

05/23/14

A first look at vintage quality down south, with eyewitness reports from growers and winemakers

05/21/14

Fernando Zenteno is considering ripping up 15-year-old chardonnay and cabernet sauvignon vineyards in Chile's central valley as the country plans to raise wine taxes to the highest among wine-producing nations.

04/08/14

A weaker currency and painful inflation is increasing production costs

03/28/14

Unhelpful weather at different times in the growing season, including frost and late season rain, means Argentina's 2014 wine grape haul is set to drop by around a fifth versus last year, according to the country's National Institute of Viticulture.

03/26/14

Wine tourism in Argentina is on the rise, spurred on by the devalued peso that has recently dropped 30% against the US dollar. This makes visiting Argentina attractive not only to Americans, but to many Brazilians as well who find excellent deals on wine and food.

02/20/14

What does Argentina need to do to protect the image and strength of Argentine Malbec as a brand?

02/20/14

No one can argue with the strength of "brand Malbec", which is bringing new consumers to wine via its generous and reliable style, but what does Argentina need to do in order to avoid Malbec becoming a commodity?

02/19/14

"This new generation is much more conscious about environmental problems and more committed to healthy, sustainable agriculture ... and also for the production of wines that have a stronger connection to the Earth."

02/18/14

Sven Bruchfeld doesn't mind if you don't like his wine, as long as some people love it.

02/13/14

"The fantastic thing about 'The New Chile' is that we are nine wineries working together, and that is quite unusual in the wine world," he said. "We are here with five of the wine producers sitting at the same table and trying our wines together, which is quite unique - you won't find this very often."

01/22/14

When I say the wines, I am talking mainly about one grape: tannat. It is to Uruguay what malbec is to neighboring Argentina, the country's dominant and defining variety.

01/20/14

Chile's southernmost vineyard has released its first vintage produced from the newly cultivated Lake Ranco region in Patagonia after seven years.

01/10/14

According to Gestion, the low cost of energy, cheaper labor, and "virgin land" for wine production are all attractive features for prospective Chilean investors.

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