Disastrous harvest means wine prices could be going up

Here’s some bad news: The world is facing a shortage of wine.

Spain, Italy and France — which together produce over half the world’s wine — are bracing for their worst harvests in decades after extreme weather damaged grapes. The pain in Europe, combined with lacklustre production in the southern hemisphere and wildfires in California’s wine region, has left analysts fearing shortages and higher prices.

To read more follow the link: CNN Money October 15th 2017