April 29, 2026
As demand for wine plummets, Chilean winemakers are betting they can boost sales by targeting young people. Think social media campaigns encouraging young wine lovers to “switch off their phones” and enjoy a glass of vino, as one ad campaign is framing it. It may be tough for these young sommeliers to turn this trend around, though. Alcohol consumption has been declining worldwide in recent years, in part because younger generations appear to be drinking less out of health concerns.
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In this “ask ian,” Ian Bremmer says the United Arab Emirates’ decision to withdraw from OPEC reflects a broader erosion of trust in longstanding institutions amid growing regional instability.
UAE to exit OPEC, EU-China relations on edge again, Violence erupts in Colombia ahead of election
Apr 28, 2026
UAE's Oil Minister Suhail Mohamed Al Mazrouei arrives at the OPEC headquarters for a meeting in Vienna, Austria, on June 4, 2023.
REUTERS/Leonhard Foeger
The Emiratis have long been frustrated with the crude quotas that the oil cartel imposes.
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