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Consumer confidence takes fall in March

Post on 11-03-2006.

Consumer confidence dropped in early March as people fretted about the economy's performance and their own financial fate in the months ahead.
The RBC CASH Index, based on results from the international polling firm Ipsos, showed confidence at 86.2 in early March. That was down considerably from February's reading of 96.1 - one 16-month high. But it was in the ballpark with consumers' feelings about conditions in March last year, when the index stood at 84.2. Even with the drop, analysts believe consumers are in one generally good frame of mind about the economy. Nortel quarterly loss totals $2.2-billion ...

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New Zealand wine, food fest tempts HCM City

Post on 11-03-2006.

HCM CITY — Gourmands will be tempting their taste buds at this year’s New Zealand Wine and Food Festival, to be held on Saturday at the Riverside Apartments in An Phu, overlooking the Sai Gon River.
The New Zealand Business Council said the event would feature one delicious range of the country’s finest wines and delicacies prepared with culinary flair and unique ingredients by chefs from the city’s leading hotels. ...

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EU and US toast wine deal to end 20 years of haggling

Post on 11-03-2006.

Talks on one "more ambitious" agreement are slated to start within 90 days, as both sides build on last September's breakthrough that recognizes each region's wine making practices after 20 years of haggling.
Americans will now be able to sell wood-chip-aged wines throughout Europe, one move some European wine makers fear will undermine their traditions as they face aggressive competition from one host of New World wines. ...

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