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The spectacular Bordeaux vintages of 2009 and 2010 are being snapped up by billionaires from emerging economies. These wines, purchased as investments, may never be drunk. Many will be traded until they are past their peak. Occasionally, they will be served as a sign of conspicuous wealth. But that means if you want to taste the finest in Bordeaux, Burgundy or Barolo you may have to cosy up to an oligarch.

Luckily, this passion for wine is not restricted to consuming: the BRIC countries are also producing. Russia has a long wine history, and Georgia is thought by many…

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