Analyst picks for 3 January 2012 January 2, 2012 FOREX STRATEGIST JOEL KRUGER My pick: Looking to buy euro-Australian dollar Expertise: Technical analysis Average time frame of trades: Multiweek This market is trading near 20-year lows and is very close to retesting the record Au$1.2500 lows from 1989. Short-term, medium-term and longer-term studies are all looking stretched and we will look for an opportunity [...]
2012 should be the year we get off the couch and make companies more productive January 2, 2012 WELL-BEING in the workplace is a value to which employers and workers alike have signed up. Psychology textbooks, that hardly mentioned the subject in the recessionary 1970s, are now full of strategies to promote emotional “well-being at work”. It’s not about old-fashioned pay and conditions, but how you feel at and about work. Even when [...]
Romney remains the right choice to defeat Obama January 2, 2012 CONSERVATIVE commentator William F. Buckley once set out a rule for the Republican nomination: “pick the most principled conservative who can win”. Since 1968, the GOP has largely got the Buckley balance between electability and ideology right. In 2000, they chose the electable and moderately conservative George Bush over conservative and unelectable Steve Forbes or [...]
Central bankers aren’t to blame for the crisis January 2, 2012 THE conventional story of the credit crunch is that following the dot-com boom the US Federal Reserve cut interest rates, creating an inflationary debt-fuelled boom that manifested itself in housing. But is the Fed to blame? US economists Jeffrey R. Hummel and David Henderson prompted controversy by lending support to Ben Bernanke’s theory of a [...]
RAPID RESPONSES January 2, 2012 Frozen liquidity Peter Warburton’s call for the reintroduction of the Bank of England’s Special Liquidity Scheme [A wholesale improvement, 22 December] will not solve the problem. This is because his argument does not look at the micro-issues affecting the macro. Simply put, the main problem is the FSA’s implemented liquidity requirements soak up a lot [...]
To Bonaparte, with love from China January 2, 2012 THE rich and international do not tire of Paris. Though it was hardly lacking in ultra-luxe period hotels before, the city evidently needed more. And so last year saw the opening of two major hotels, The Mandarin Oriental and the Shangri-La, signifying not only Paris’s ever-ascendant position on the global luxury circuit, but an overt [...]
Mr Cool’s kinda Jew-ish turn January 2, 2012 Mishkin’s 25 Catherine Street, WC2B 5JS Tel: 020 7240 2078, mishkins.co.uk FOOD **** SERVICE *** ATMOSPHERE *** Cost per person without wine: £30 HAVING entrenched himself as London’s hippest restaurateur with Polpo, Spuntino and co, Russell Norman has sallied into new and more dangerous territory: “a kind of Jewish deli with cocktails”. Sure, everyone – [...]
Here’s to good wine in 2012 January 2, 2012 QUAFFER’S CORNER A BELATED Happy New Year to you all. Most of you are probably focused on attempts to undo the booze and calorie damage of the festive season – and, of course, adjusting to coming back to work. But given the nature of this paper, it would be remiss for me to ignore the [...]
FOOD & BOOZE NEWS January 2, 2012 SPICE UP JANUARY AT THE CINNAMON CLUB If you are one of the few people who hasn’t sworn never to drink again after the excesses of the festive period, then head over to the Cinnamon Club, where you can take a cocktail masterclass for just £35. While you are there you can also take advantage [...]
ZAM! BOB STUNS GUNS January 2, 2012 FULHAM (2) vs ARSENAL (1) Zamora’s injury-time strike completes dramatic Fulham comeback as Wenger fumes at referee Probert and accuses Jol of getting Djourou sent off FULHAM manager Martin Jol last night ridiculed suggestions from his Arsenal counterpart Arsene Wenger that he instructed his players to get Johan Djourou sent off after watching his side [...]
