-
Six candidates to lead UN take stage for televised debate
-
Salman Rushdie testifies at knife attacker's US terror trial
-
King Charles opens slimmed down Commonwealth Games in Glasgow
-
World Bank confirms plan to phase out China lending by 2031
-
US unveils new tariffs on 60 partners as Trump rebuilds trade agenda
-
US panel backs trendy peptides despite safety concerns
-
WNBA viral star Cunningham wades into trans athletes row
-
Justice Dept withdraws NY Times subpoenas over Trump plane report
-
Hearn dismisses Fury talk of Joshua no-show for super fight
-
Barcelona's De Jong returns from World Cup with torn ligament
-
'Like a war zone': France evacuates 20,000 due to wildfires
-
Albania police teargas protesters against Trump-linked resort
-
Ships avoid Ukrainian grain ports after Russian attacks
-
US panel says to loosen restrictions on popular peptide despite safety concerns
-
Oil passes $100 a barrel again: why it's more serious this time
-
Verstappen swerves around future questions
-
Who are the six candidates vying to lead the UN?
-
EU renews online child sex abuse detection powers
-
Hamilton proud of recovery after hitting rock bottom a year ago
-
Airbus, Boeing fly in different directions at Farnborough
-
Carapaz eyes polkadot mountains jersey after stage win
-
Bab al-Mandeb Strait: another key oil shipping route under threat
-
Fields medal awarded to four young mathematicians
-
Deadly wildfires in Europe force thousands to flee
-
Carapaz claims Tour de France stage as Pogacar loses key team-mate
-
NATO to overhaul European fuel pipeline network
-
Alonso welcomes Aston Martin upgrade, warns against unreal expectations
-
US trade envoy to make tariff announcement as 10% duty soon expires
-
Anderson declares Man City 'kings of Manchester' after £116 mn move
-
Trump stuns Saudis by pinning nuclear deal to Israel ties
-
Relieved Russell says Mercedes have solved his power problems mystery
-
Tough day for Ubisoft stock topped with weaker revenues
-
Oil soars above $100 as Middle East fears grow
-
Swelling jet fuel costs hit American Airlines outlook
-
Venezuelans turn to scrap collecting in quake-hit beach 'paradise'
-
Carapaz climbs unopposed to Tour de France 18th stage win
-
Heptathlon champion Johnson-Thompson joins list of Commonwealth Games absentees
-
Sooryavanshi hits maiden 50 as India thump Zimbabwe in T20
-
Nigeria's Dangote raises $2.5bn to expand Africa's largest refinery
-
ECB opens door to September rate-hike as Iran war flares up
-
Oil soars to $100 on fresh Mideast attacks
-
World Bank estimates Venezuela quakes caused $19.6 bn in damage
-
Coal-fired power generation rising globally on Mideast war: IEA
-
Italy's far-right line up to defend jeweller who killed robbers
-
Premier League champions Arsenal sign Greece winger Tzolis from Brugge
-
AI-led boom in IPOs raises concerns about a bust
-
French Jewish DJ sues after activists disrupt gig: lawyer
-
Klopp expected to be named new Germany coach on Friday
-
Venice film festival promises Pattinson, Oasis and Musk doc
-
ECB holds rates as Iran war flare-up threatens to drive prices higher
Macron backs ripping up vines as French wine sales dive
French President Emmanuel Macron insisted Monday that ripping up unprofitable grape vines was a necessary part of revitalising the flagging wine sector which he promised to defend.
The head of state visited the huge Wine Paris trade show on Monday, telling producers there that their business was a part of "France's way of life".
Efforts to help the crisis-hit industry include the government's latest 130-million-euro ($155-million) "arrachage" fund which opened last Friday, offering loss-making owners subsidies to uproot their vines.
"It has to be done... so that the others (producers) retain their value," Macron said.
France's wine sector is dealing with over-production caused by falling demand as a result of changing drinking habits, fierce competition and export difficulties.
Uprooting efforts are particularly focused on areas producing unfashionable low-cost reds in southwest France, such as Bordeaux or Languedoc.
In previous years, France has subsidised the distilling of some of its surplus wine into ethanol alcohol, which can then be used for industrial purposes.
The French industry group CNAOC estimated last September that the country had a growing surplus of around 100,000 hectares (nearly 250,000 acres).
It said around 50,000 hectares had already been uprooted, and another 30,000 would be covered under the new programme.
- 'For Sure' -
Macron was making the first visit to Wine Paris by a head of state since 2015 when his Socialist predecessor Francois Hollande made an appearance.
He was handed gifts as he toured one of the industry's biggest gatherings, including a bottle labelled "For Sure" with a pair of aviator sunglasses -- a reference to his viral speech in Davos earlier this month.
"Brilliant," he said, smiling.
After inspecting a gifted magnum of Chinese wine, he stressed that the country "knew how to produce" -- another worry for French producers.
French and European wines are also suffering from the increase in tariffs of 10 percent, then 15 percent, imposed on European alcoholic drinks by US President Donald Trump in 2025.
According to French customs data, beverage exports to the United States, the top destination for French wine, dropped by 20 percent to 3.2 billion euros last year.
"One of the key points is to export effectively in Europe, to defend (French wine) internationally when it comes under attack from aggressive practices, and then to go out and win new markets," Macron said.
He cited India, Canada and Brazil as having high potential, with the trio all covered by recently negotiated European Union free-trade deals.
Wine Paris has also opened up a dedicated area for the first time to no- or low-alcohol wines and spirits, underlining the importance of growing demand from teetotallers.
The wine and spirits sector supports 600,000 jobs in France and generates around 32 billion euros in revenue annually, half of which comes from exports.
C.Bruderer--VB