Latest news with #delRey
The Irish Sun
2 days ago
- The Irish Sun
The European sunshine spot just 3 hours from Ireland with 31C heat, sandy beaches, fantastic nightlife & €34.99 flights
TAKE a look at this fabulous coastal city in one of Europe's most beautiful countries with golden sands, crystal-clear waters, stunning architecture and excellent nightlife culture. Marbella in Spain is just three hours from 7 Marbella is the perfect sunshine getaway destination Credit: Getty Images - Getty 7 The Old Town is stunning Credit: Getty Images - Getty 7 It has many golden beaches with parasols and sunbeds Credit: Getty Images - Getty Located just under 30 minutes from the bustling Malaga-Costa del Sol Airport, the coastal city is one of the most popular tourist destinations in the south of And There are several bargain hotels in the area with sea views and private And there are loads of options by the coast where it's quiet and more serene - ideal for honeymoons or anniversary trips. READ MORE ON SUNSHINE SPOTS During July and August, temperatures reach highs of 31C and lows of 21C, perfect temperatures for a summer getaway. The sun-kissed province is popular for its year-round sunshine, spectacular coastal views and unique activities, such as sunset sailing for dolphin watching and wine tasting. And the city has many attractions to view, including its gorgeous Old Town with white buildings covered in flowers, a breathtaking landscape, sandy beaches with facilities, crystal-blue waters and a fantastic dining culture. Plus, tourists' expectations of the beach are set to be exceeded as it is known as "the classiest beach place to visit in all of Spain" on Most read in News Travel The popular golden beach near the heart of Old Town is called Nagueles Beach. Tourists worldwide flock to the popular beach for its fabulous view and excellent services, including changing rooms, lockers for storage, parasols with sunbeds, hammocks and a beach bar. 'Give this man a raise' say Ryanair passengers as cabin crew play 90's hit while on route to a popular party island And there are and recreational facilities available for those beach sports lovers , including a water obstacle course, jet skis, and paddle boarding. For those wanting a quiet spot away from the bustling beach, the hidden gem El Faro beach is perfect as it features calm waters and panoramic views with quaint restaurants and bars nearby that offer fresh seafood, yummy espeto and desserts. Visitors can also trawl through the dozens of street markets and delicious food carts lined up along the beautiful stone streets in Old Town. It also has many cosy cafes, For nightlife culture lovers, the city is superb as it is full of life with many types of entertainment, events and festivals, meaning you're guaranteed to have a memorable night to remember. POPULAR ATTRACTIONS The area's locals urge visitors to do the Caminito del Rey walk as it's a trail that leads along the steep walls of a narrow gorge in El Chorro with fantastic views. Another activity is to try out their famous You get the chance to experience the gorgeous southern Spanish countryside and visit the famous Ronda with a fantastic bridge that stands almost 100 metres high over the gorge. Visitors will be provided with up to four hours of fabulous wines with delicious tapas - and there is an option to learn how the wines were made. Locals also urge tourists to try a sailing and dolphin-watching tour during sunset, with many snacks and drinks provided for the journey. And they will get breathtaking views of the Spanish coast with the sun melting in the distance - one of the unreal views you will get in Marbella. 7 The Caminito del Rey walking trail is stunning Credit: Getty Images - Getty 7 They have fabulous wine tasting tours for tourists Credit: Getty Images - Getty 7 There are dolphin-watching boat tours at sunset Credit: Getty Images - Getty 7 The nightlife culture is fabulous Credit: Getty Images - Getty
Forbes
20-03-2025
- Business
- Forbes
U.S. Wine Imports Make Up 37% Of Market: Analyzing The Impact of Potential Tariffs
Analyzing the Impact of Wine Tariffs for the U.S. Market Getty The U.S. is the fourth largest wine-producing nation in the world but still doesn't produce enough wine to slake the thirst of American wine lovers. Instead, every year, the U.S. imports around 37% of the wine it consumes, about 5 times more than it exports. This analysis was conducted by Rafael del Rey, an international wine economist and founder of Del Rey Analysts of Wine Markets (Del ReyAWM). Headquartered in the E.U. and with more than 30 years of experience analyzing the global wine trade, he has recently published a report on the impact of the potential 200% tariffs the Trump administration has threatened on E.U. wine exports, as well as strategies businesses can adopt. 'Given that 72.3% of the imported wine to the U.S. comes from EU countries, the potential 200% tariff increase would make it nearly impossible for distributors and consumers to continue purchasing them at the new prices,' stated del Rey, in an online interview. For example, a bottle of Veuve-Clicquot Yellow Label Brut Champagne – the top-selling Champagne in the U.S. market, which averages around $65 per bottle at retail, could soar to over $150 per bottle. 'Ultimately, American consumers would face a difficult choice: either pay significantly higher prices for wine or reduce their consumption,' continued del Rey. Wine Imports and exports In and From the U.S. Del Rey Of course, American wineries could benefit from expanding their wine production and brands to fill in the gap, but will U.S. consumers be willing to give up their European wines? Given that 49% of American wine consumers regularly or occasionally drink wine from the E.U., according to the Wine Market Council, many consumers may be reluctant to give up their 'old world wines' – many of which have different flavors and styles than their U.S. counterparts. Furthermore, the time to plant and develop new vineyards to increase U.S. production ranges from 2 to 5 years, so the lag time would be quite significant. Plus, at this point, there doesn't appear to be any message to drink more American wine. However, the American wine market is quite lucrative – even with declining consumption – because consumers continue to trade up in price points. According the Gomberg-Fredrikson, a U.S. wine market intelligence firm, Americans purchased $78.9 billion worth of domestic wine and $31.6 billion of imported wine in 2024, up from 3.4% in value from 2023. The tariff conversation appears to be shifting on almost a daily basis, leading experts to question the outcome. Will the proposed EU wine tariffs ultimately end at 200%, or be negotiated to similar levels as those imposed by the Trump administration in 2019? 'EU wine producers had already faced a tariff hike in 2019, but it was limited to the four countries involved in the Airbus project—France, Spain, Germany, and the UK. That increase was 25%, initially backed by the WTO, and was resolved within a few months,' reported del Rey. But it is possible that the EU could retaliate similarly to Canada when they were threatened with a 25% tariff. Even though the proposed tariff was paused until April 2, Canadian retailers retaliated by immediately canceling all U.S. wine orders and removed American wines from their store shelves. It is possible that the EU could engage in further retaliation tactics, such as taxing French wine barrels, corks, bottles, and other wine production equipment that American wineries purchase from European countries. 'These tariffs started when the U.S. imposed tariffs on EU aluminum, the EU responded by raising tariffs on U.S. bourbon, and the U.S. retaliated with higher tariffs on EU wines—creating an endless cycle. It's a senseless approach,' stated del Rey. 'In the end, businesses on both sides and, most importantly, consumers, bear the greatest burden,' he added. 'In the end, businesses on both sides and, most importantly, consumers, bear the greatest burden from the proposed EU tariffs.' Rafael del Rey, International Wine Economist, Founder, Del Rey Analysts of Wine Markets Del Rey When asked what wine businesses and consumers could do to successfully navigate this dynamic period of tariff wars, del Rey responded: 'Convincing the new U.S. administration of these negative consequences is one part of the strategy. The other key strategy is diversification. This was evident when Australia faced new Chinese tariffs and again during the pandemic when different countries imposed varying trade and consumption restrictions.' However, with the U.S. being the largest wine-consuming market in the world, it is not realistic in the short term that EU producers will be able to find a home for all of their wine. According to Ignacio Sanchez Recarte, Secretary General of the Comité Européen des Entreprises Vins, in an interview with Bloomberg, many grape growers and wine producers will be in deep financial trouble. 'Will see companies closing the door, because there is no way we can find an alternative market that quickly.' While in the U.S. many wine lovers are already stocking up on their favorite European wines, with reports of run on Champagne, Prosecco, and other popular wine styles and regions. America is the Largest Wine Market in the World getty
Yahoo
26-01-2025
- Sport
- Yahoo
Aussie Scrivener's purple patch in vain in UAE golf
Jason Scrivener has conjured up a fabulous weekend of golf before the Australian outsider's bid for a first European tour title finally fell short at the Ras Al Khaimah Championship, won by Spain's Alejandro del Rey. The 35-year-old Scrivener came from nowhere in the field to record 16 birdies over a remarkable blemish-free 39-hole stretch across three rounds from Friday until late on Sunday, as he eventually claimed fourth place at the Al Hamra course in the UAE. It could have been even better for the man from Perth, whose purple patch was only ended on the penultimate hole on Sunday when he found the desert, then a greenside bunker, as he ran up the double bogey that effectively ruined his shot at a third-place finish. "It felt very natural and very easy" 🤩Hear from the 2025 Ras Al Khaimah champion 🎙️#RAKGolfChamps — DP World Tour (@DPWorldTour) January 26, 2025 Still, Scrivener responded with a birdie at the last to finish with a laudable five-under 67 to go with his 65 on Saturday. Scrivener's overall 14-under total of 274 was enough to earn him a substantial prize of 120,000 Euros ($A200,000) but it was still no match for the champion del Rey, who took his maiden European tour crown in hugely impressive fashion, shooting a third straight six-under 66 to win by four strokes. World-ranked 308 - 31 places ahead of Scrivener - del Rey finished the week on 22 under to win on his 70th European tour start, a fact celebrated by his compatriots who ran on to the final green to douse him with water. Like Scrivener, who reckoned he felt like a rejuvenated player this year after a break, del Rey was delighted at his own renaissance after a disappointing 2024 campaign. "I got to a point last year where I just felt like I wasn't having that much fun on the golf course because for me, playing for 20th, 30th place wasn't that meaningful at that point," del Rey said. "I just worked really hard since then, and I feel like I've played many years with a lot of friends that have won out here and I knew I could do it but it just wasn't showing up." Del Rey didn't make a single bogey over the weekend, stretching his overnight two-stroke lead with three birdies in his first five holes and eventually comfortably holding off second-placed Marcus Armitage, who shot a 68 for an 18-under total. Another Spaniard David Puig (65) finished third on what proved a disappointing final day for another Australian David Micheluzzi, whose 73 left him tied for 36th on six under. Elvis Smylie, who missed the cut, is sixth in the European tour's season-long Race to Dubai order of merit as Briton Tyrrell Hatton still leads the way. Micheluzzi is 15th while Scrivener moves up into 20th place.
