Showing posts with label businessman. Show all posts
Showing posts with label businessman. Show all posts

Saturday, 15 June 2013

Belgium's 1,000 beers are toast of the world

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Belgium's 1,000 beers are toast of the world
BRUSSELS (June 15, 2013): Belgium's centuries-old beers, product of the small country's location at a culinary and cultural crossroads between north and southern Europe, are taking the world's tipplers by storm. From red to golden ales and sour cherry froth, lagers to stouts and lambic beers, the fame of Belgian brews has sent exports soaring 70% over the past decade, with 62% of the beer produced last year shipped abroad. "Beer is to Belgium what wine is to France, it gives our small country a real identity," said Sven Gatz, director of the Belgian Brewers' Federation housed in an old guildhall on Brussels' central square, the Grand Place. And if France famously is the land of 600 cheeses, then Belgium is the land of 1,000 beers. "Sales of Belgian beer are exploding in Japan. After two decades as a niche drink, volumes increased fourfold just in the last two years," Gatz said. The price of a pint of Belgian brew in a Tokyo pub is likely to be four times as expensive as in Brussels, however. "People order just one or two, as they would a glass of whisky or very good wine. "The quality of our beers attracts the new young professionals," he added. Last year a Chinese businessman bought out the Ultra brewery in the town of Ecaussinnes, which turns out a score of brews. Beer, like bread, is thousands of years old and essentially composed of cereal, water and yeast. Said to be the third most popular drink after water and tea, it is the globe's most widely consumed alcoholic beverage. "Belgium's fine quality beers are the fruit of its history and geography", Gatz says, at the divide between classic German and other northern ales and the fruity spicy flavours popular in France and southern Flanders. "German beers are pure, using only four elements (malt, yeast, hops and water), always made the same way" added Gatz. "We're all over the place, we do everything and anything." Though Belgium produces good lagers right across the country "our special beers require specific savoir-faire on hops and yeasts or techniques such as re-fermenting beer in bottles," said Olivier Degehet of Bocq brewery, which exports the well-known Blanche de Namur brand. Belgium is home to the world's top beer-maker, Anheuser-Busch InBev (AB InBev), a multi-billion-dollar concern producing one in five of every beer sold. And thanks to its global reach, the maker of Budweiser, Beck's and homegrown Stella Artois, as well as Leffe and Hoegaarden, has helped carve out a place for Belgium on the world map of beer. "Belgium profited from the global boom in beer thanks to its positive image," said Vincent Caulier, head of the eponymous brewery, one of the around 150 breweries turning out anywhere between 1,000 to 1,500 different beers. As intake dropped in local watering holes, the industry turned to the export market. "People drink less but go for quality and authenticity," he said. Neighbouring France remains its top buyer in spite of looming trouble over a French excise tax, followed by the Netherlands, the United States, Germany, Britain and Italy. "The prospects look good in the remainder of Asia and in Latin America due to the rise of a middle class keen for classy foreign products," added Gatz. Among the most popular brands are the trappist beers produced over centuries by monasteries. Belgium boasts six of the world's eight trappist brands, including Chimay, Orval and Westvleteren. The latter's most famous brew, Westvleteren 12, is regularly voted first or second best of the world's beers by RateBeer.com. The number in its name comes from its strength - 12% - reflecting the fact that many Belgian beers are known for their high alcohol content. Belgium's 22 so-called "abbey" beers such as Grimbergen, Affligem and Tongerlo are also popular abroad. AB Inbev meanwhile has been playing the national card to the hilt for the past couple of decades through the launch of its Belgian Beer Cafes. There are now about 50 of them in 18 countries, from Australia to Thailand to the United Arab Emirates. But as craft beers grow in popularity in the United States and elsewhere, Belgium's brewers and their 5,000 staff "can't rest on their laurels", Gatz said. – AFP



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Saturday, 11 May 2013

http://www.nydailynews.com/new-york/hip-hop-mogul-damon-dash-claims-close-eviction-article-1.1341037#ixzz2Sylpcuh9

Hip-hop mogul Damon Dash claims he's deep in debt and close to eviction from his Carmel home  Read more: http://www.nydailynews.com/new-york/hip-hop-mogul-damon
Hip-hop mogul Damon Dash claims he's deep in debt and close to eviction from his Carmel home  Read more:
The piles of money he made with Jay-Z have been replaced by mountains of IOUs. Hip-hop mogul Damon Dash is so deeply in debt that he claims in court documents he faces imminent eviction from a rented mansion in suburban Carmel, N.Y. “I am currently several months behind in paying my personal bills,” he wrote Tuesday in the 5-page filing. “For instance, I am currently over $100,000 behind in rent for the only home in which I live and at risk of being evicted.” Dash lost a pair of multimillion-dollar Tribeca lofts to foreclosure in 2010, with $7.3 million left on the massive mortgages. He was platinum-selling Jay-Z’s partner in Roc-A-Fella Records and the Rocawear clothing line, and once boasted in a magazine interview that he ruled a $50 million empire. RELATED: JAY-Z LOOK-ALIKE DISCOVERED IN 1933 PHOTOGRAPH SARA JAYE/SARA JAYEABACA Damon Dash rode in style in 2004, but now he’s buried in debt, including huge payments to ex-wife Rachel Roy. An acrimonious 2004 split with his old pal initially netted Dash a $20 million windfall — but eventually left the 42-year-old facing hard financial times. Failed business deals, huge tax debts and repeated legal battles quickly left his deep pockets almost empty. Court records show Dash lost a slew of lawsuits filed by landlords, fashion designer Charlotte Ronson and a celebrity bodyguard firm. And pass-the-buck Dash claimed one business, dubbed “Fresh to Death,” was submarined by a “poor business decision made by my partners.” It was unclear what the business, named for a trademark Dash quote, actually did. In addition to his foreclosed homes, his leased SUV was seized in 2008 after he missed his $714.99 monthly payment. According to his court filing, Dash faces possible criminal prosecution for non-payment of taxes in New Jersey. Documents indicate Dash also owes more than $2 million in taxes to New York state, and he conceded owing federal income taxes. RELATED: RIHANNA PARTIES WITH NY KNICKS STAR J.R. SMITH CHEVRESTT, ANGEL Damon Dash and his then-wife Rachel Roy arrive for the 2005 CFDA Fashion Awards. He now pays Roy $24,000 every three months in alimony. Yet a September 2011 article portrayed Dash as still living large, describing his Carmel home as equipped with a full music studio, a pool, hardwood floors and a spectacular view. In a sworn statement asking a judge not to garnish his wages, Dash disclosed: - He pays $24,000 every three months to his ex-wife, fashion designer Rachel Roy, for child support of their two kids, and to cover money owed on the lofts. - New York state forces Dash to send another $4,341.10 per month for support of his son, Christian. - He paid nearly $20,000 in garnished wages in late 2012 for other debts. RELATED: NEIL PATRICK HARRIS TO RETURN AS TONYS HOST: SOURCES CORKERY, RICHARD Harvey Weinstein hamming it up with Damon Dash in 2005. - And he faces a pending $40,000 tax payment for business earnings. The drumbeat of debt has “made it not only nearly impossible for me to maintain my businesses, they have caused me to fall far behind on my personal expenses,” Dash wrote. He was in Manhattan Supreme Court on Thursday to fight a charge of ignoring a 2008 lawsuit from a garment industry lender seeking payback for a $237,078 loan. While Dash declined to discuss his finances, he flashed cell phone shots of art galleries he owns in Charleston, S.C., and Hong Kong. "I'm an independent businessman and this is what comes from business," Dash said in an email from his attorney, Gregg A. Pinto. "I have the guts to fight my battles on my own and it's entertainment to everybody else because I'm so cool about it." Read more:

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