Chris Smith News
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A case of Romanee-Conti 1988 Domaine de la Romanee-Conti Burgundy fetched 81,900 pounds ($128,000) at a Christie’s International Plc wine sale in London this month as Chateau Petrus and Chateau Latour led the bidding for Bordeaux.
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Gold and wine prices that tracked each other in the past decade amid demand for alternative assets are now diverging after bullion slumped into a bear market as some investors lost faith in the metal as a store of value.
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Eleven lots of 1982 Bordeaux wines, including eight cases of Chateau Latour and three double magnums of Chateau Petrus, are estimated to fetch as much as 12,000 pounds ($18,600) each at a Sotheby’s sale in London this month.
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A case of Chateau Petrus 1982 Pomerol fetched the top price at a Christie’s International Plc wine auction in London earlier this month, selling for 35,100 pounds ($54,500) including fees, according to the auction house.
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Chinese human rights activist Chen Guangcheng, whose case overshadowed high-level U.S.-China talks earlier this month, arrived in New York City and thanked the U.S. for helping him leave Beijing.
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The U.S. risks losing out on a potential doubling of exports to Russia unless Congress repeals a Cold War-era law passed to punish the Communist Soviet Union.
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Chinese human-rights activist Chen Guangcheng, whose case overshadowed high-level U.S.-China talks earlier this month, left Beijing for the U.S. with his wife and two children, headed for Newark, New Jersey.
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Members of Congress joined human- rights groups in urging the Obama administration to take a tougher stance against Rwanda for backing rebels in the Democratic Republic of Congo.
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Blind Chinese activist Chen Guangcheng should receive a passport by May 21 that would allow him to leave for the U.S., according to Bob Fu, a Texas-based Christian aid worker who is in daily touch with him.
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A bill introduced in the U.S. House of Representatives yesterday would stop the sale of surveillance technologies to repressive regimes by American companies.
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