Pics and Picks

May 24, 2010

A good article from the Globe and Mail

Filed under: Uncategorized — Zizu @ 1:29 pm

Published on Friday, May. 21, 2010 7:13PM EDT Last updated on Friday, May. 21, 2010 7:16PM EDT

Compiled by reporters Grant Robertson, Boyd Erman, Paul Waldie and Brent Jang

If you are an investor, there is good reason to be cheering for the Montreal Canadiens to win the Stanley Cup this year.

Since the National Hockey League expanded in 1968, the stock market has gone up an average of 13.37 per cent in years when a Canadian team has claimed hockey’s top prize. In years when a U.S. team took the title, the average return has been just 8.96 per cent.

But the picture is even more bullish when Les Habitants are victorious. The S&P/TSX composite index has gone up an average of 16.76 per cent in the years Montreal won its 10 titles since the league expanded.

“If the Canadiens win, it looks like good news for the markets,” says Ernest Biktimirov, a finance professor at Brock University in St. Catharines, Ont. He came up with the Stanley Cup Indicator last year while writing the Canadian version of a U.S. text book that quotes the popular Super Bowl Indicator.

Mr. Biktimirov cautions against betting too much stock, let alone your RRSP savings, on the theory. However, even though the Habs Index may not be the most scientific stock market indicator going, there are many others that deserve a close look these days.

Take white paint, for example. The Titanium Dioxide Indicator tracks prices of the chemical used to make white paint. An increase tends to signal a boost in consumer activity, whether it’s a rise in home renovations or new home construction, which filters through to the economy in general.

After a difficult patch in the markets, which saw the S&P/TSX fall by 6.4 per cent or 800 points over the previous six days, before staging a 95.2-point rally Friday, market watchers are looking for signs of what comes next. Investors are following several indicators to determine if the economy is headed towards recovery or into a double-dip recession, amid debt concerns in Europe.

While the Stanley Cup Indicator is purely for sport, here are some economic indicators worth taking seriously:

Baltic Dry Index

 

Baltic Dry Index

What it measures: The spot price of transporting dry raw materials by sea over 26 global shipping routes.

Why we pay attention to it: The amount of raw materials being shipped – including coal, grain and iron ore – provides a key indicator of consumption and manufacturing trends. If iron ore shipments soar, it suggests people are buying cars and other products.

What it’s saying now: As the recovery goes, we’re not on dry land yet. On Friday, the BDI closed at 3,844 points, which is up 28 per cent so far this year but a far cry from the index’s record high of 11,793 points in May 2008. The index sank to a 22-year low of 663 points in December 2008, before staging a gradual, though choppy, recovery. It surged as high as 4,661 points in November, but then slumped for several weeks.

Producer price index for titanium dioxide

 

Titanium Dioxide

What it measures: The price of titanium dioxide, a chemical used to make white paint. Trends are reported monthly by the U.S. Bureau of Labor Statistics.

Why we pay attention to it: White paint is used just about everywhere: houses, cars, airplanes, rail cars and washing machines. So a rise in the price of one of the paint’s key ingredients should signal increased economic activity.

What it’s saying now: Prices and demand have rebounded sharply from last year, rising from about $1.07 (U.S.) per pound to as high as $1.24. All the big producers have announced price hikes this year, including an 8 cent per pound increase effective next month. One of the largest makers, Kronos Worldwide Inc., reported a 29 per cent increase in sales in the first quarter of 2010.

Copper prices

 

Copper

What it measures: the price of the world’s third most widely used metal.

Why we pay attention to it: Gold is where the glitter is, but copper does the heavy lifting. It is a building block in everything from televisions to cars to wiring for homes. So if consumer spending shifts, copper tells the tale.

What it’s saying now: The sluggish economy is still with us. Copper prices have slumped in recent months to about $3 (U.S.) a pound, down from $3.60 earlier this year. Analysts say a rebound depends on consumption in China — another demonstration of copper’s use as a bellwether for the global economy.

Markit iTraxx SovX

 

Markit iTraxx SovX Western Europe Index

What it measures: The cost of insuring debt issued by 15 governments in the Eurozone, as well as Denmark, Norway, Sweden and the United Kingdom.

Why we pay attention to it: It’s a mouthful to pronounce, but this index is worth the time. It suggests how scared investors are of government defaults in Europe. If the index is rising, that’s a sign that insurance against a default is getting more expensive because the risks of lending are deemed to be greater.

What it’s saying now: Investors are getting increasingly nervous that governments aren’t going to be able to cope with their growing debts. The European Union and International Monetary Fund managed to calm things down for a bit with their $1-trillion (U.S.) bailout plan, but fears came back in the last few days.

Libor

 

London Interbank Offered Rate (LIBOR)

What it measures: Banks make short term loans to one another all the time, and Libor is the average interest rate that the biggest banks say they are charging other banks.

Why we pay attention to it: It gives a read on how confident banks are in the financial system. When banks are nervous that loans might not be repaid by their peers, they crank up the interest rate to compensate for the greater risk, or cut back on lending, which thanks to the rules of supply and demand, raises Libor as well.

What it’s saying now: Libor is on the rise, so that means banks are getting steadily more nervous The concern is that other institutions could be stuck with bad government debt if a country like Greece defaults. That could lead to big losses, and difficulty repaying loans.

U.S. housing starts

 

U.S. housing starts

What it measures: Construction of new homes, defined as when the foundation on a house is started. New building permits and housing completions are also tracked.

Why we pay attention to it: Housing starts and building permits are considered leading indicators, since construction usually gains momentum at the beginning of an economic cycle. The numbers point to the size of coming demand for a variety of goods from lumber and metals to appliances and furniture. When U.S. housing starts slow, the U.S economy goes down too.

What it’s saying now: After a year in the doldrums, housing starts are starting to pick up, indicating the worst of the recession is over in the U.S. However, recent numbers are still well off their highs from a few years ago.

VIX Index

 

The Vix Index

What it measures: The implied volatility of the stock market in the coming 30 days.

Why we pay attention to it: The VIX acts as a thermometer for volatility on the S&P 500. Devotees use it to judge if the market is about to turn. When the index is high, it indicates investors are worried and a sell-off may be imminent. A lower score suggests a buy-and-hold market.

What it’s saying now: The VIX is through the roof. As concerns over debt problems in Europe spread, the so-called Fear Indicator reached its highest point of the past year this month, following a steady decline since January.

U.S. initial jobless claims

 

Weekly jobless claims

What it measures: The U.S. Department of Labor tracks the number of new applications for unemployment benefits each week, giving as close to a real time picture of the job market as there is.

Why we pay attention to it: It’s all about jobs when it comes to long-term economic growth, so investors want to see the claims number heading lower, which would signify continued recovery from the massive job losses of the Great Recession.

What it’s saying now: Uh-oh. After a long decline, it appears claims are on the rise again. The number of Americans who applied for unemployment benefits for the week ended May 15 unexpectedly rose, the first increase in a month. That triggered anxiety about the health of the economic rebound.

Canadian dollar

 

Canadian dollar

What it measures: The loonie’s exchange rate in relation to the US dollar.

Why we pay attention to it: Since Canada is a resource producer, the strength of the dollar compared to the greenback often reflects global demand for energy and expectations for industrial growth. When Canadian products — oil, copper and lumber to name a few — are expected to be in demand, the dollar responds.

What it’s saying now: When the prospects for the world economy looked brighter, as they did a month ago, the loonie was on a tear because currency markets anticipated higher demand for resources. The dollar’s sudden drop from par with the greenback to the 94-cent (U.S.) range this week indicates that sentiment has shifted toward slower growth in the world economy

http://www.theglobeandmail.com/report-on-business/economy/reading-the-economic-tea-leaves/article1577876/?cmpid=rss1

December 22, 2009

The Copenhagen Summit

Filed under: Uncategorized — Zizu @ 7:05 pm

The Copenhagen Summit which took place this year between

So here is the deal at a glance from the bbcworld.com site.

A US-led initiative called the Copenhagen Accord has formed the centre-piece of a deal at UN climate talks in Copenhagen, despite some countries’ opposition.

Below is an explanation of the main points in the agreement.

LEGAL STATUS

The Accord, reached between the US, China, India, Brazil and South Africa, contains no reference to a legally binding agreement, as some developing countries and climate activists wanted.

Neither is there a deadline for transforming it into a binding deal, though UN Secretary General Ban Ki-moon said it needed to be turned into a legally binding treaty next year.

The accord was merely “recognised” by the 193 nations at the Copenhagen summit, rather than approved, which would have required unanimous support. It is not clear whether it is a formal UN deal.

TEMPERATURE RISE

The text recognises the need to limit global temperatures rising no more than 2C (3.6F) above pre-industrial levels.

The language in the text shows that 2C is not a formal target, just that the group “recognises the scientific view that” the temperature increase should be held below this figure.

However, the accord does not identify a year by which carbon emissions should peak, a position resisted by some richer developing nations.

Countries are asked to spell out by 1 February next year their pledges for curbing carbon emissions by 2020. The deal does not spell out penalties for any country that fails to meet its promise.

 FINANCIAL AID

The deal promises to deliver $30bn (£18.5bn) of aid for developing nations over the next three years. It outlines a goal of providing $100bn a year by 2020 to help poor countries cope with the impacts of climate change.

The accord says the rich countries will jointly mobilise the $100bn, drawing on a variety of sources: “public and private, bilateral and multilateral, including alternative sources of finance.”

A green climate fund will also be established under the deal. It will support projects in developing countries related to mitigation, adaptation, “capacity building” and technology transfer.

 EMISSIONS TRANSPARENCY

The pledges of rich countries will come under “rigorous, robust and transparent” scrutiny under the UN Framework Convention on Climate Change (UNFCCC).

In the accord, developing countries will submit national reports on their emissions pledges under a method “that will ensure that national sovereignty is respected.”

Pledges on climate mitigation measures seeking international support will be recorded in a registry.

 REVIEW OF PROGRESS

The implementation of the Copenhagen Accord will be reviewed by 2015. This will take place about a year-and-a-half after the next scientific assessment of the global climate by the Intergovernmental Panel on Climate Change (IPCC).

However, if, in 2015, delegates wanted to adopt a new, lower target on global average temperature, such as 1.5C rather than 2C, it would be too late.

August 9, 2009

The Great Indian Ropeway Trick

Filed under: Uncategorized — Zizu @ 7:36 pm

TOP OF THE MIND The Great Indian Ropeway Trick

GAUTAM BHATIA

Centuries ago, when Mughal emperor Shah Jahan cast his melancholic lovelorn gaze on the marble dome rising in commemoration of his favourite queen Mumtaz, little did he realize that the real tragedy was not in the passing of his beloved but in the future preservation of the Taj Mahal itself. Nearly 350 years after its construction, the greatest threat to the building came from Uttar Pradesh’s chief minister, whose life purpose appears to be self-promotion through grand public gestures. She proposed a corridor of malls that would allow tourists to shop their way across Agra from one monument to another.

Now, the Agra Development Authority (ADA) has come up with an equally harebrained and controversial scheme: A ropeway to connect Agra Fort and Taj Mahal via Mehtab Bagh, while a massive London Eye replica nearby allows an aerial view of Agra. In one fell swoop, the tourist covers three important monuments, without suffering the indignities of urban Indian life.

Is tourist convenience the primary reason to maintain heritage? Taking the Taj ropeway idea to its logical conclusion, should a covered walkway be built right up to the main structure for those visiting the monument during the monsoons? And for those hot Agra days, a 400-tonne airconditioning unit installed under the dome? Are history and archaeology of value only when viewed through the eyes of Japanese and American visitors on a six-day-five-night tour of the Golden Triangle?

Doubtless, earnings from tourism are not to be scoffed at when they pay for the upkeep of major monuments. But surely, the success of any tourist itinerary is also linked to cultural experience, rather than just controlled glimpses of isolated landmarks. If the ADA has the funds for ropeways and Ferris wheels — as indeed it seems to — the money may be better spent on upgrading tourism facilities: resurrecting the original, recreating the scents and plantations of the Mughal garden, and using technology interactively to draw the tourist into the folds of courtly life. Besides, if the Authority were to use the opportunity to restructure the existing streets and connections to the monuments, it might be better for Agra’s residents. What is good for tourism should also be good for a city’s economy.

Unfortunately, the government conveniently uses technology as a means to bypass its resigned acceptance of dirt, noise and filth as the eternal condition of Agra. London Eyes, cable cars and sky lifts are not merely seen as tourist conveniences but become a source of pride in a nation that sorely lacks such symbols. When built, more people will come to see the Agra eye, than Agra.

There is, however, another angle to the hi-tech venture. Much of Agra’s historic architecture is based on the Mughal ideal of spatial invisibility. You move through courts and buildings in a soft focus of surprise and revelation, every movement, orchestral and controlled. High walls enclose. In them, gateways reveal only a partial section of that experience. You walk along an axis, in a sequence of courtyard to garden to building, that slowly builds up to greater, more monumental forms within the architectural storyline. To elevate the tourists on skywalks would be as good as revealing the murderer in a suspense novel, before the reader has a chance to pick up the book.

Certainly the application of new technology to heritage has perpetually posed problems to architects, planners and bureaucrats. The safety of restrictive development is far preferable to the risks of applying new untested ideas. There is no lift to carry tourists to the top of the Egyptian pyramids, no cable car to ferry visitors to Macchu Picchu in Peru, or carry mountaineers up to Mt Everest in Nepal. The isolation of these places and the difficulties of approach are part of the attraction.

Throughout the world, there are examples of how cities have conserved their heritage and made it more accessible to the public. But they are done with a sensitive eye to preserve the monument and its surroundings in their original form. The insertion of a glass pyramid at the Louvre in Paris increased the popularity of the museum fourfold, generating — through the unusual architectural juxtaposition — a greater interest in the art collections. Would the authorities ever consider a similar intrusion into, say, Delhi’s Red Fort or the City Palace in Jaipur?

In Atlantic City, the Donald Trump-owned Taj Mahal is one of the most successful casinos. As part of the Seven Wonders Park in Dubai, a 200-room luxury hotel is being built as an exact replica of the Taj Mahal. Once the ropeways and Agra Eye are in place in Agra, the original Taj will also become a caricature of itself. And Shah Jahan will finally laugh and cry at the same time. The writer is an architect. His most recent book is Whitewash: The Tabloid That Is About The India That Isn’t

Taken from the Times of India – Mumbai edition date 9 August 2009.

January 26, 2009

Thain’s excesses

Filed under: Uncategorized — Zizu @ 6:47 pm

On Jan 22nd in a Daily Beast/CNBC exclusive, Charlie Gasparino obtained documents about $1.22 million of company money that former Merrill Lynch CEO John Thain spent on his office, just as the financial crisis was hitting the firm. Thain announced his resignation this morning, less than a month after his brokerage firm was taken over by Bank of America. Below, are Thain’s top 16 outrages as reported in the Daily Beast.

1) $2,700 for six wall sconces.
2) $5,000 for a mirror in his private dining room.
3) $11,000 for fabric for a “Roman Shade.”
4) $13,000 for a chandelier in the private dining room.
5) $15,000 for a sofa.
6) $16,000 for a “custom coffee table.”
7) $18,000 for a “George IV Desk.”
8) $25,000 for a “mahogany pedestal table.”
9) $28,000 for four pairs of curtains.
10) $35,000 for something called a “commode on legs.”
11) $37,000 for six chairs in his private dining room.
12) $68,000 for a “19th Century Credenza” in his office.
13) $87,000 for a pair of guest chairs.
14) $87,000 for an area rug in Thain’s conference room and another area rug for $44,000.
15) $230,000 to his driver for one year’s work.
16) $800,000 to hire celebrity designer Michael Smith, who is currently redesigning the White House for the Obama family for just $100,000.

January 14, 2009

The 5 coolest places of the world – from TripAtlas.com

Filed under: Uncategorized — Zizu @ 8:49 pm

As a travel web site, TripAtlas.com is all about giving travellers all over the world fun, interesting, and news-worthy travel articles, content, photos, and features.

After articles like the Top 5 Most Expensive Pizzas in the World and How to Pee All Over the World, TripAtlas.com now brings you the 5 Coolest Places in the World.

Is it New York City? Perhaps Toronto? Hong Kong? London? Well, it’s not London, England, as cool as fish and chips, Chelsea FC and the Queen may be. It’s not Hong Kong, either, no matter how many shopping districts and diners you may find open at 4 a.m.

The coolest on place on earth, in the entire world is in fact — a desert. Huh?

1) Vostok Station and Plateau Station, Antarctica
How Cool? Vostok: -128.6°F or -89.2°C and Plateau: -119.2°F or -84°C

Antarctica is considered the coolest or coldest place on earth, inhabited only by seals, penguins and scientists for half of the year. It’s also considered a desert (the largest desert in the world!) because it has little precipitation (just less than the Sahara) — even though it’s completely covered by massive amounts of ice.

The records of the coldest temperatures in the world were taken at the Vostok and Plateau Science Laboratory Stations on Antarctica. The “coolest place” award goes to Vostok Station where the temperature reached -128.6°F or -89.2°C on July 21, 1983.

2) Oymyakon and Verkhoyansk, Russia
How Cool? Oymyakon: -96.0°F or -71.1°C and Verkhoyansk: -89.8°F or -67.7°C

Siberia is in fact the coldest inhabited place in the world. Oymyakon village found in Eastern Siberia, has a population of 900 and an average temperature of -96°F or -71.2°C during the winter that lasts nine months. This region is so cold that if you take out an empty plastic bag outside, it will freeze in minutes and shatter like glass. Children are not allowed to play outside for more than 20 minutes during a winter day — to keep their lungs from freezing!

Verkhoyansk is located near the Arctic Circle and had a population of 1,434 in 2002. They have a river port, airport and fur-collecting depot. It is also a centre for raising reindeer (for Santa, no doubt).

3) North Ice Station and Eismitte, Greenland
How Cool? North Ice: -86.8°F or -66°C and Eismitte: -84.8°F or -64.9°C

Both recording of these temperatures at North Ice Station and Eismitte were on expeditions made by European scientists and explorers in the 1930s (Eismitte) and the 1950’s (North Ice). Both were made on Greenland’s inland. At Eismitte, researchers spent a 12 month period from September 1930 to August 1931 recording temperatures. July was the warmest month at an average monthly temperature of 10°F and -12.2°C. The coldest month was February at -53°F or -47.2°C.

4) Snag in Yukon, Canada
How Cool? -81.4°F or -63°C

The small village of Snag, Yukon takes the record for the coldest temperature in North America to have ever been recorded and was February 3, 1947. The village is located just south of Beaver Creek, Yukon and is located in a valley. This village was settled during the Klondike Gold Rush in the late 1800s. In the mid 1900’s, only approximately 10 natives lived here along with fur traders.

5) Prospect Creek, Alaska, United States
How Cool? -79.8°F or -62.1°C

Prospect Creek is located just 25 miles southeast from Bettles, Alaska. It was at a pipeline camp in January 23, 1971 that this record was taken at -79.8°F or -62.1°C. It is considered the United States’ lowest recorded temperature.

How polite are we – Reader’s Digest survey of 2006

Filed under: Uncategorized — Zizu @ 2:35 am

It’s lunchtime in Mexico City and a young man follows a slim girl wearing dark glasses into a restaurant. Without looking behind her, she lets the heavy glass door swing closed, almost smashing him in the face.

In a stationery shop in Seoul meanwhile, a female customer wants to buy a disposable pen. It’s a minor purchase, but 56-year-old store owner Jang Byung-eun takes the time to talk her through a variety of different models. When she makes her purchase, he takes the time to say a friendly thank you.

A chill wind is blowing on a late-winter Wednesday morning at the busy subway exit at Yonge and Eglinton streets in Toronto. Twenty-year-old Monica Hinds is struggling through the rush hour crowds on her way to work when, up ahead of her, a woman drops a beige folder, scattering papers everywhere. Commuters walk by, but Monica takes a minute to stop and help the woman pick up her documents, handing them over one by one. When thanked, she smiles kindly and says, “No problem!”

The young man risking a broken nose, the customer in Korea and the woman with the unwieldy documents were no ordinary members of the public. Each was a Reader’s Digest researcher taking part in a unique test to see how helpful and polite people are around the world.

From Thailand to Finland, from Buenos Aires to London, people worry courtesy is becoming a thing of the past. Service in stores has become surly, they say, and youngsters have lost respect for their elders. Lynne Truss, in her international bestseller Talk to the Hand, claims that we live in “an age of lazy moral relativism combined with aggressive social insolence” where common courtesies are “practically extinct.”

But is such pessimism justified?

Our Three Tests

We sent out undercover reporters—half of them men, half women—from Reader’s Digest editions in 35 countries to assess the citizens of their biggest cities. (In Canada, we tested the people of our two largest population centres, Toronto and Montreal.) In each location we conducted three tests:

• We walked into public buildings 20 times behind people to see if they would hold the door open for us.

• We bought small items from 20 stores and recorded whether the sales assistants said thank you.

• We dropped a folder full of papers in 20 busy locations to see if anyone would help pick them up.

To allow us to compare cities, we awarded one point for each positive outcome and nothing for a negative one, giving each city a maximum score of 60. We did not attempt a strict scientific survey; it was the world’s biggest real-life test of common courtesy, with more than 2,000 tests of actual behaviour.

So, which city emerged as the most polite and which as the rudest? Here’s what we discovered:

The Top Three: New York, Zurich, Toronto

They have a reputation for being big-headed, but New Yorkers showed they are big-hearted, too, by finishing first in our global courtesy ratings. They placed in the top five in all three tests and were particularly polite when it came to holding doors open, with only two people failing to do so.

“I don’t even think about it,” said syndications assistant Kirsten Chieco, who held the door of one of the Starbucks coffee shops where the tests were done. “Most New Yorkers are courteous.”Surprised? Not former Mayor Ed Koch. Asked to react to our findings, Koch pointed to a rise in New York niceness since the terrorist attacks on the city five years ago. “After 9/11, New Yorkers are more caring. They understand the shortness of life.”

The second most courteous place: prosperous Zurich. In a feat matched only in Stockholm, Zurich store assistants thanked us for our purchase in every store we visited. Old-fashioned customer service was very much in evidence.

“I am friendly to people whether they are dressed shabbily or are wearing an expensive fur coat,” said Frieda Lütolf after we purchased $2 worth of chocolate from exclusive confectioner Sprüngli’s. “Everyone I deal with is served attentively—even those who are rude to me.”

Swiss shop workers’ good manners were often inspired by pride in their work. “I have been here for 40 years,” explained tobacconist manager Ursula Gross. “I like it, so I have always arrived on time and have always been friendly and courteous.”

Toronto came third among all the cities we tested. On a cold day in the trendy Queen Street West area, we were helped with a dropped folder by Mike Parsons, a 28-year-old street artist, sitting cross-legged on the sidewalk, sketching. “I sit out here doing my drawings all day, and I find people to be really good and cheerful,” he told us. “ Toronto is very tolerant, very polite.”

Litigation lawyer Mark Ellis, in a dark trench coat, Blackberry clipped to his belt, agreed. “I’ve seen more politeness in Canada than in many other places I’ve been, particularly Europe,” the 48-year-old told our male reporter after holding the door and stepping elaborately to one side to let him enter Bell Canada Enterprises Place in the financial district.

Still, two European cities— Berlin and Zagreb—did well in our tests, tying with São Paulo for fourth place. Zagreb residents were world leaders in helping with dropped papers. Seventy-two-year-old Josip tried to bend down to pick up our female reporter’s documents despite having arthritis and a bad back. “I always help someone in trouble,” he said, “if I can!”

In São Paulo, even petty criminals were polite. As we bought a pair of cheap sunglasses from a trader at an illegal market on 25 de Março Street, shouts rang out that the police were coming. The merchant gathered up his goods to flee—but not before thanking us for our $2.

Somewhere in the middle of the rankings was Amsterdam, at 20th. Montreal, at 21st, came in just below the global average. There, while store assistants were almost unfailingly courteous to customers, the general public didn’t do so well in helping others out. In Montreal’s Central Train Station, a well-dressed man in his mid-50s failed to hold a door for our female researcher, offering the excuse that “I just held the door for someone downstairs” before continuing on his way. At the McGill subway sta-tion, another well-dressed man, who looked to be in his late 20s, steered himself around our researcher, who had dropped papers in his path. He seemed peeved to find out it was staged. “Why didn’t I stop? I’m not even supposed to be out of my office right now!”

The region that most consistently lacked courtesy: Asia. Eight out of nine cities there finished in the bottom 11.

Last in our rankings was Mumbai, where courtesy in stores was particularly lacking. When our female reporter bought a pair of plastic hair clips at a convenience store, sales assistant Shivlal Kumavat turned his back on her as soon as she had paid. Asked why, the 31-year-old was unapologetic. “Madam, I am not an educated guy. I hand goods over to the customers, and that’s it.”

In a government-run supermarket, a young female employee lied that she hadn’t seen what had happened when asked why she didn’t help our reporter pick up his papers. Another worker stepped on them. “That’s nothing,” said the store’s security guard. “In Mumbai, they’ll step over a person who has fallen in the street.”

What was most striking in Asia was how few people held doors open for us: Every city except Hong Kong finished in the bottom ten in the rankings, and not one had a success rate higher than 40 percent. Many Asians simply don’t include door-holding in their notions of courtesy. “How can we measure someone’s value simply by whether they hold a door open?” observed 19-year-old student John Christopher Padilla in the Philippine capital, Manila.

Yoon Mi-ri, a 43-year-old businesswoman, held open the door of a shop in Seoul only because “I often go overseas on work trips and it’s basic manners over there. In Korea people don’t pay much attention to such things.”

But we found plenty of discourtesy outside Asia, too. Moscow and Bucharest ranked as the least polite cities in European countries. When an affluent-looking lady in her 40s failed to hold a door in Moscow’s Prospekt Vernadskogo, she chided us: “I’m not a doorman. It’s not my job to hold doors. If someone gets hurt, they should be quicker on their feet.”

What can we learn from our results? While two of the world’s most affluent cities— Zurich and New York—came at the top of our rankings, we found plenty of courtesy in poorer areas, too. In Johannesburg our researcher concluded, “The better dressed the person, the less likely he or she was to help. This applied across the board, irrespective of race.” Nonetheless, it was prosperous cities that were at the top of our rankings. Charles Mosley, editor at British etiquette publisher Debrett’s, ventures this explanation: “Wealthier cities aren’t generally as crowded, and competition for resources is less intense.”

But being in a hurry isn’t always a barrier to helping people. Tests carried out during morning rush hours produced almost as many positive results as those performed off-peak.

In fact, Toronto ranked second only to Mexico City for courtesy during rush hour. For Londoner Gary Webber, a 46-year-old local government worker who helped gather up our papers during the city’s rush hour, this came down to empathy. “You looked as if you were in a hurry. I was in a hurry. I thought, Let’s work together and get us both on our way.”

Older and Better?

Many older people we encountered complained that courtesy was less prevalent among the young. But we found that the under-40s were, by a small margin, the most helpful of all age groups. Toronto ranked second globally for courtesy among the young; Montreal came tenth. In fact, overall, the over-60s were the least courteous. “The younger, the more courteous, it seems,” says our researcher in Finland. “So, no more complaining about the younger generation not being up to standard!”

Women were slightly more courteous than men, and oddly, both groups were significantly more polite towards their own sex. Some men told us they worried about patronizing modern, independent females. “I’m originally from Romania,” said Valentin Punga, a 30-something resident of Montreal. “Over there I wouldn’t hesitate to help pick up the papers. Here it is different. Once, I tried to help a woman who had dropped something, and she told me she was perfectly capable of doing it herself.”

Courtesy levels in larger stores were roughly similar to those in smaller establishments. In a Sydney branch of Woolworths, cashier Reena had a huge smile for every customer and thanked us very cheerily. But in a tiny music shop in Milan, we were ignored for ten minutes by the middle-aged assistant, who pretended to be busy stock-taking before he deigned to sell us a guitar pick.

Globally, about 74 percent of store employees said thank you. The most common reason given was that if you were nice to customers, they would come back. “After the Argentine economic crisis of 2002, I would never risk losing a sale,” said Buenos Aires toy-shop owner Amanda Herrera.

Our other two tests produced less heartening results worldwide. Just over half of people held doors open for us and only a third helped pick up our papers. Many in the latter category said they were too busy or couldn’t be bothered to stop, but a significant minority was scared of crime—or of being seen as a criminal. “I’ve heard that pickpockets use tricks like that,” said a 50-year-old woman in Prague. “One drops something, you help them pick it up, and their accomplice robs you while you’re not looking.”

So, did the world pass our courtesy test? Overall, the cities we tested showed it 54 percent of the time. It has been said that common courtesy is the oil that keeps society running. If so, our check on the level of the world’s courtesy suggests that, in most places, there’s plenty of oil in the engine. But some cities could use a top-up.

Were our researchers surprised by the treatment they received from their compatriots? It depended. Our Toronto reporters—one was born there, and both are long-time residents—weren’t at all surprised that their city ranked so high. “I’ve always found people here to be very polite and courteous,” says reporter Ian Harvey, who immigrated to Toronto from England in 1972. “This is a fast-paced city—we’re all busy—but it’s the norm for people to take the time to help out.”

What did our Montreal researchers think about their city scoring below the global average? “The funny thing is, despite Montreal’s results not being great, for the most part people were actually quite nice about not being courteous,” says reporter Julia Slater.

“When we approached people after they’d ‘failed,’ most didn’t mind stopping to talk to us, and they either offered an excuse or were apologetic.” Interestingly, in the paper-drop test, only five out of 20 Montrealers stopped to help, but many at least pointed out the dropped documents to our researchers as they passed by. Says Slater, “Those people believed they had done the courteous thing.”

Our Paris reporters were so upset at the lack of help with dropped papers that they considered abandoning the test altogether. But elsewhere, our researchers were pleasantly surprised. “It was great to find that the vast majority of our subjects not only passed the test,” says Salvador García of Mexico City, “but said they think we are part of a culture of kindness despite our daily problems.”

An example of this kindness was shown in the same city by pastry-shop worker Rodolfo Mateo Santiago, 21. He thanked our researcher for her purchase of a bottle of water and revealed that he had inherited his belief in courtesy from his grandmother, who had told him, “The most beautiful thing you can give another human being is a genuine smile. Live your life by this motto and you will see wonderful results.”

Inside the Toronto Tally

BY BONNIE MUNDAY

Toronto ranked third for courtesy out of 36 major cities around the world, with 70 percent of people tested taking a moment to do the courteous thing. Reader’s Digest had two reporters go to central residential neighbourhoods, downtown shopping areas and the financial district. They “tested” Bay Street bond traders, part-time cashiers, lawyers, students and artists. Here’s a snapshot of what they found:

Service With a Smile

Customer service is alive and well in Toronto: 16 out of 20 cashiers passed the courtesy test by saying a pronounced thank you when we made a small purchase. At a bulk food store on Danforth Avenue, Sean Thomson, a tall 30-year-old with shaved head and pierced ears, smiled and thanked our researcher twice before wishing her a nice day. He did the same for everyone else in line. Why? “It’s what my boss wants, and what my parents taught me. It’s about respect.” Jessica, 24, a cashier at a chocolate shop, echoed Sean. “You don’t just take the customer’s money and say, ‘See you later.’” She added, “The staff here, we talk about how we expect the same courtesy when we’re the customer, but we don’t always get it, and that’s disappointing.”

Jessica wouldn’t have been happy with the service at a women’s clothing store in the Eaton Centre mall downtown, where a fashionably dressed young woman with thick black eyeliner barely said a word to our researcher throughout the transaction. When asked about it afterwards, she said sheepishly, “We’re supposed to say, ‘Thank you for shopping here,’ but sometimes I forget.”

That was the exception, as we found that male and female cashiers in stores large and small were quite courteous, thank you very much. At a newsstand, our reporter bought a packet of gum and was thanked by Zeny Ruiz, 44. “I like to set an example for my staff,” she told us, “but it’s also the right thing to do.” In an electronics store on Queen Street West, Daniel Hines, in baseball cap and army pants, said, “I thank every customer, even the ones who tick me off. Ultimately, it makes your own day go a little smoother.”

Paper Chase

Would you take a minute to stop and help a stranger gather up some papers they’d dropped on the sidewalk or in a shopping centre? In Toronto, 11 out of 20 people we tested did.

That’s the lowest score of our three tests—and, interestingly, of the nine who “failed” the test, five were in their 60s and up. The oldest, Sergio Balmont, 79, told us after he and his wife walked past our female researcher, who was crouched down gathering papers, “I knew I should have helped, but I’m too old to bend down.” Most of the other elderly people who didn’t help told us politely that they didn’t want to get involved with someone else’s personal documents.

Of course, a couple of young people passed by without helping, too. “He looked like he had everything under control,” was the excuse of a shoe buyer from Montreal who saw our researcher picking up scattered papers from the wet sidewalk. But most did stop to assist—teens in particular. “Of course I helped,” said William Lee, 16. “I’d hope someone would do that for me.” Keilani Etzkorn and her friend Manuela, both high-school students, also stopped to help. Said Keilani: “It’s what my parents taught me to do.”

Door Stoppers

Our third test showed that three out of four Torontonians hold the door for a stranger—male or female—walking behind them. Most were pleased to stop and talk to us when we revealed we had set them up. “I do it all the time,” explained Meredith McLellan, 25, a fair-haired law student who held the door for our female reporter on her way out of the busy subway stop at Yonge and Eglinton. “I guess I was raised that way.”

It was a common theme. Faisal Bhiwandiwala, a 30-year-old tech-support worker who held the door for our male researcher during a Wednesday morning rush hour, told us courtesy is an instinct. “I was brought up that way. It’s the normal thing to do.”

Fifty-year-old Eric McGarry said, “As a teacher, I think it’s important to show that you’re thinking of others and not just yourself.”

In the St. Lawrence Market, two 14-year-old ponytailed girls could have used that lesson, but when asked why they didn’t hold the door, they claimed not to have seen anyone coming behind them. Similarly, a 41-year-old operations manager listening to her iPod said, “Normally, I’d have held it open, but I’m in a hurry to get back from lunch and I had my headphones on.”

Some who helped did so for practical reasons. In the Bay Street financial district, Brian Galley, a crisply dressed 38-year-old portfolio manager, pointedly held the door for our male researcher. “I always do,” he told us afterwards. “These doors are heavy, and you don’t want to let them slam on people.”

Ramona Taharally, also 38, offered a simple explanation for her courteous act. “People do it for me,” she said, “so I’m going to pass it on.”

December 29, 2008

Christmas messages 2008 – Canada

Filed under: Uncategorized — Zizu @ 1:18 am

The Canadian PM’s message

He noted 2008 was a year in which the country marked a number of major anniversaries, from the founding of Quebec City 400 years ago to B.C.’s 150th anniversary. But he warned that while celebrating the past, we face an uncertain future in 2009. “As we face the difficult year ahead, always remember that ours is perhaps the most peaceful and prosperous society on earth, and we Canadians are a generous, resilient and resourceful people who have prevailed over many challenges in the course of our history.” He also asked Canadians to remember our soldiers fighting in Afghanistan, who won’t be home for the holidays. “Their courage and sacrifice is a credit to all of us,” he reminds.

Christmas messages 2008 – The Queen

Filed under: Uncategorized — Zizu @ 1:14 am

THE QUEEN’S MESSAGE

She acknowledged to her subjects that the economic crisis had given rise “to feelings of insecurity” and cast a pall over holiday celebrations. “People are touched by events which have their roots far across the world,” she said. “Whether it is the global economy or violence in a distant land, the effects can be keenly felt at home.” But the queen stressed that “when life seems hard the courageous do not lie down and accept defeat; instead they are all the more determined to struggle for a better future.”

Christmas messages 2008 – The Pope

Filed under: Uncategorized — Zizu @ 1:13 am

The message by Pope Benedict

Pope Benedict XVI urged a world confronting a financial crisis, conflict, and increasing poverty not to lose hope at Christmas, but to join in “authentic solidarity” to prevent global ruin. Speaking from the central balcony of St. Peter’s Basilica to tens of thousands of pilgrims, tourists and Romans in the square below, the pope called his Christmas message known as “Urbi et Orbi” – Latin for “to the City and to the World” – a “proclamation of hope.” And he stressed that it was “meant for all men and women.”

As the global economy continues to spiral downward, Benedict said, “an increasingly uncertain future is regarded with apprehension, even in affluent nations. In each of these places, may the light of Christmas shine forth and encourage all people to do their part in a spirit of authentic solidarity,” he said. “If people look only to their own interests, our world will certainly fall apart.”
Wearing a crimson mantle against a damp chill, Benedict expressed hope that dialogue and negotiation would prevail to find “just and lasting solutions” to conflicts in the Holy Land and elsewhere in the Middle East. He decried suffering in Africa, terrorism, and called for an end to “internecine conflict” dividing ethnic and social groups.

The pope singled out the plight of those in war-torn eastern Congo, in Sudan’s Darfur region, in Somalia where he said “interminable” suffering is the tragic consequence of “the lack of stability and peace” – and in Zimbabwe where people have been “trapped for all too long in a political and social crisis which, sadly, keeps worsening.” Benedict condemned the “twisted logic of conflict and violence” in the Middle East, which he is likely to visit next year. He lamented that “the horizon seems once again bleak for Israelis and Palestinians. May the divine light of Bethlehem radiate throughout the Holy Land,” he said. “May it spread throughout Lebanon, Iraq and the whole Middle East.”

Following tradition, the pope recited holiday greetings in 64 languages, including Latin, the Church’s official tongue.

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