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|Posted on August 8, 2012 at 2:07 PM||comments (2)|
Whilst the British Olympians have blinged their way to Gold, Silver and Bronze medals, the highest par capita clutch so far, and behind only the U.S. and China in number of medals at the London Games, the U.K. economy is said to be flat-lining. However, Bank of England Chairman Sir Mervyn King expresses hope that the Olympians' training might prove some inspiration.
Yes, inspiration is what imbues the human heart, and the same may be true for the economy. Just as the athletes keep their goals in sight although some time and distance away, they continue to put in their faith to be able to compete and win....In that spirit, they work hard at their sport and keep in training, trying always to better their time over distance, building their stamina, and strenghtening their resolve to win, by the grace of God.
To use the sporting metaphor, when the athletes need water, it is no point to reduce the price of water, but to make sure water is available along the route. Similarly with the economy. Cutting the interest rate from the 0.5 percent may help, but money has to be available readily for commerce and industry - then of course production as well as consumption will pick up, there will be confidence to export and trade will grow further... There is always demand for British products overseas, be it biscuits, detergents, water pumps, vans, farming or building equipment.
The Credit Easing and stimulus the Bank of England has announced in the recent past will prove fruitful when it starts to feed through, if the High Street banks ensure that money is actually loaned on to customers, for purchase of cars or houses, investing in upgrade of run-down restuarants and stock-filling.
If the economy grows domestically as well as internationally, the resources the UK has at its command will have served well.
Let's live in hope and faith, as the Olympians have done, and throw out the remnants of doubt and recession out of the window.
|Posted on July 26, 2012 at 5:51 AM||comments (5)|
Bollywood Badshah Big B Amitabh Bachchan will be running with the Olympic Torch today, Thursday, participating in the relay of the Golden Flame from Above as it thrills its way through London towards the opening ceremony at Stratford tomorrow.
Excitement is certainly mounting up for the opening ceremony to the Games. The weather is just beautiful, giving visitors a natural welcome.
The £9 billion spent on the Olympics is money well spent. With the recently unveiled Shard Building, the City of London will attract ever more visitors and friends.
|Posted on July 24, 2012 at 3:30 PM||comments (2)|
The Olympic Village at Stratford will be home to 10,000 atheletes from all over the world, to compete for the Gold, Silver and Bronze Medallions.
The London Olympics commence on Friday 27th July, and between then and the end of August, as people enjoy the Games for 17 days and then stay on for sight-seeing and shopping, London will be home to over a million visitors.
How the tubes, trains, buses and taxis will cope, remains to be seen. However, there is a plan of staggering the timings of the different events, in such a way that crowding could be avoided.
The investment Britain has made in the Games has transformed parts of the East End into world class areas, with the Westfield shopping centre right at the heart of it. Foyle's Bookshop have a branch here as well, together with perfume vendors and haute coutre.
Slumdog Millionaire director Danny Boyle is masterminding the opening ceremony, and it should bring an envigorating start together with the Flame from Above, which as the Olympic Torch has been relayed around Britain. I saw it on Sunday morning, and its blessing is still bright in my brain.
As a fellow-citizen of this fair city, I too bid you Welcome. Welcome! Welcome!!
|Posted on April 6, 2012 at 12:22 PM||comments (1)|
Over the last 24 hours, my following blogs have been read, together with more recent ones:
= When they wear red dresses, the markets go down.
= Sensex hits two year low
= The high price of Oil remains the top issue
= Shock of the Twisters
= Say a prayer for Japan
If you are interested to read them, they are indexed in my Blog :
|Posted on December 30, 2011 at 12:31 PM||comments (1)|
I would say it has been a remarkable year, with natural as well as man-made
Economically, the U.S. has got into a good, positive swing, with creation of jobs,
improving retail and internet sales, a slight uptick in the Housing Market, which
will probably increase in momentum as more jobs and activity are created.
Europe could also become positive, once moderate budget cuts and wealth creation
activities are in place. In this regard, I get a feeling that Spain under Premier Mariano Rajoy will delight his people, with activities that will boost their economy.
I wish you laughter and good cheer, and Happy New Year.
|Posted on December 26, 2011 at 2:45 PM||comments (2)|
The great thing about the blog and website is that my articles which I posted some time
ago are being read today, with these titles :
"What is happening at Ducatti Park?"
"These are two things I pray for, universally."
"Wey Hey! The Readers are back"
"Yesterday a friend phone me...His folks wish to settle in U.S."
So, dear Readers, you have a wide choice. I have done about 527 blogs, sometimes
just with titles of cities and Welcome, Friends! I comment on anything which catches
my attention. These I post on LinkedIn, Twitter, Delicious and Google Bookmark.
As of yesterday, I am posting them on Stumbleupon as well, and on Messenger.
I also have over 3,500 Tweets on Twitter.
|Posted on December 15, 2011 at 1:15 PM||comments (0)|
Exciting places, made more exciting by movies. I always remember Michael Caine in
a scene in Helsinki, with the blonde in the sable coat, in the Billion Dollar Brain.
Always funny, how he ends up carrying the thermos flask which has the chicken which
|Posted on December 14, 2011 at 1:13 PM||comments (0)|
Glad to note visitors to my website and blog from Brussels, Cracow and Hamburg,
as well as China, Washington, California and all other places. I hope you found
something of interest.
|Posted on December 14, 2011 at 10:30 AM||comments (0)|
The terrible event in Liege where the gunman fired into a crowd and threw a hand-grenade to kill and maim so many, actually highlights an aspect of security that must be tightened. How could the killer have built up a cache of weapons and stored them unnoticed?
Something needs to be done to safeguard people from such events.
God rest in peace the souls of all those innocent bystanders.