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Showing posts from February 24, 2012

WALMART MAKES FIRST MOVE IN L.A. COUNTY ...

Updated: Walmart Opening Neighborhood Market in Chinatown



Friday, February 24, 2012, by Adrian Glick Kudler
















Updated 5:30 pm: Whoa: gamechanger on the fringe of Downtown? 
The LA Business Journal reports (sub. req.) that Walmart has signed a lease to open a grocery store at Cesar Chavez and Grand Ave. in Chinatown. 

The 33,000 square foot space sits on the ground floor of the Grand Plaza senior housing complex, and was formerly slated for a Rio Ranch Market (props to blogger Brigham Yen for guessing at all this last month). 

From the size of it, this sounds like it could be a Walmart Express--a line of smaller stores that can operate in urban areas.


According to the Chicago Tribune, they're "typically 10,000 to 15,000 square feet...and carry fresh groceries, pharmacy and health and beauty aids." 

This will be Walmart's first LA County grocery store and apparently their strategy here in California is "to move quickly into already entitled retail spaces, allowing it to av…

THE SECOND LARGEST FREE TRADE AGREEMENT FINALLY ABOUT TO GO ON TRACK ...

KORUS to Enter into Force March 15

February 24th, 2012


Four months to set the date: pretty fast by FTA standards

by Bill Armbruster, blog anchor




Like many free traders, I was part of the chorus singing “Hallelujah” when Congress passed legislation last October approving the free-trade agreements with Korea, Colombia and Panama. It had been more than four years since Bush administration officials and their Korean counterparts concluded negotiations, but the agreements were stalled, primarily because of opposition by Congressional Democrats and President Obama’s insistence that key provisions be renegotiated.


But even after Obama signed the legislation on Oct. 21, heaven would still have to wait. Only now has an effective date for the Korea FTA – known as KORUS – been announced: March 15.


What the wait? The Korea FTA also had to be approved by Korea’s own bitterly divided legislature. It took a fight – literally – with most opposition members walking out and one even tossing a tear gas canist…

WEALTH...OR SOMETHING LIKE IT ...

RAMIFICATIONS OF AN IRANIAN EMBARGO ...HOW WILL IT PLAY OUT ??? ...

Iran, Oil and Strait of Hormuz
By TOBIAS VANDERBRUCK for OIL-PRICE.NET

2012/02/20



Strait of Hormuz, for the uninitiated, is the narrow passage connecting the Persian Gulf to the Arabian Sea, surrounded by countries like Saudi Arabia, Iran, UAE, Iraq and Oman. 

It is significant for the simple reason that about 17m barrels of oil produced in the Middle East is transported through the Strait. Right now, the strait is in dire straits. Why? For many reasons, most of it centered around oil. How? At about 54 km wide (34 miles) at its narrowest point, the strait can be blocked with ease, and Iran has threatened. Why?



Well, the European Union has placed an embargo on Iranian oil imports, and some sanctions on the central bank. In the US, on Dec 31, President Barack Obama has signed a bill imposing new sanctions on Iran under the National Defence Authorisation Act. This law, apart from targeting the revenue from oil imports, also targets financial institutions from other countries that conduct tr…

THOSE ALIVE IN 2050 WILL BE SURPRISED TO LEARN THAT USA IS STILL ON TOP ...

The Changing Demographics of America
The United States population will expand by 100 million over the next 40 years. Is this a reason to worry?
By Joel Kotkin
Smithsonian magazine, August 2010,


Estimates of the United states population at the middle of the 21st century vary, from the U.N.’s 404 million to the U.S. Census Bureau’s 422 to 458 million. To develop a snapshot of the nation at 2050, particularly its astonishing diversity and youthfulness, I use the nice round number of 400 million people, or roughly 100 million more than we have today.

The United States is also expected to grow somewhat older. The portion of the population that is currently at least 65 years old—13 percent—is expected to reach about 20 percent by 2050. This “graying of America” has helped convince some commentators of the nation’s declining eminence. For example, an essay by international relations expert Parag Khanna envisions a “shrunken America” lucky to eke out a meager existence between a “triumphant China…

EUROPE CANNOT GROW IT'S WAY OUT OF THE CURRENT CRISIS ...

Demography
The vanishing workforce
Feb 24th 2012, 16:12 by Buttonwood





HAVING argued last year that demography is the key factor in the pensions issue, I'm struck at how relatively little attention is paid to the issue with regard to long-term economic prospects. 


Basically, economic growth comes from having more workers, making them more productive or a combination of the two. If a country has fewer workers, productivity has to do all the work, and even then real growth is likely to be slow.


So a hat tip to Edward Bonham-Carter of Jupiter who passed on a chart (from Bank of America Merrill Lynch) showing the expected change in working age population between 2010 and 2035. 


The chart is too big to reproduce here but the following nations are all set to see declines of more than 10%; Switzerland, the Netherlands, Austria, Hungary, Italy, Portugal, Poland, South Korea, Russia, Japan and Germany.
 In the last two cases, the decline is set to be a remarkable 20%.


The US is likely to show a ris…

MAERSK LAUNCHES LATEST IN "WE ARE MAERSK" FILM SERIES TODAY ...

Today's feature is on DAMCO, Click on the link at the end of text to view the DAMCO story.




Our new website will feature thematic movies from director Christoffer Boe. You’ll also find a number of stories, useful infographics and lots of fun facts. 




For instance, did you know that every year we move more than 183 million tons of goods? 




That is 366 times the weight of the world's tallest building, the Burj Khalifa in Dubai.

Join us on February 24th and experience wearemaersk.com.


Stayed tuned.




http://launch.wearemaersk.com/

INTERESTING DATA ABOUT WALMART ...

At one point, 25% of all fresh produce sold in USA was handled by Walmart






Wal-Mart 



1. Americans spend $36,000,000 at Wal-Mart Every hour of every day.



2. This works out to $20,928 profit every minute!



3. Wal-Mart will sell more from January 1 to St. Patrick's Day (March 17th) than Target sells all year.



4. Wal-Mart is bigger than Home Depot + Kroger + Target +Sears + Costco + K-Mart combined.



5. Wal-Mart employs 1.6 million people, is the world's largest private employer.



6. Wal-Mart is the largest company in the history of the world.



7. Wal-Mart now sells more food than Kroger and Safeway combined, and keep in mind they did this
in only fifteen years.



8. During this same period, 31 big supermarket chains sought bankruptcy.



9. Wal-Mart now sells more food than any other store in the world.



10. Wal-Mart has approx 3,900 stores in the USA of which 1,906 are Super Centers; this is 1,000 more than it had five years ago.



11. This year 7.2 billion different purchasing experiences will occur at …

FARMERS BEST MOVES INTO NEW TEXAS FACILITY JUST IN TIME FOR MANGO SEASON ...

Grower/Shipper Farmer's Best Expands Further Into South Texas
by Farmer’s Best
Posted: 2012-02-23 08:49:21 EST



Nogales, AZ and Edinburg,TX – On the heels of hiring its first Texas-based salesperson last month, Farmer’s Best had also made a major location decision for its expanding distribution center in this area.


The company – a leading grower/shipper of Mexico produce – has announced a relocation to expanded facilities within the new Rio Grande Produce Park in Edinburg, near the major McAllen Port of Entry.


Their new dedicated space within the extensive warehouse structure is currently under build-out and slated to be completed in two weeks. Additional land has also been secured by the company for future expansion, according to Farmer’s Best general manager Leonardo Tarriba.


“This move means we are in full control of every facet of our operations in Texas.“ Tarriba notes. “With our commitment to this state-of-the-art facility and the hiring of administrative staff, plus additional wa…

IS ETHICAL TRADE IMPORTANT TO YOU ??? ...

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Winner of Bittersweet photo contest a…

REGISTRATION DEADLINE SET FOR 4TH IMO GLOBAL MANGO CONFERENCE ...

By Will Cavan
Executive Director
International Mango Organization (IMO)
Vista, California








www.mangoworldmagazine.blogspot.com












February 24, 2012












The IMO has set a dealine for early registration for the 4th IMO GLOBAL MANGO CONFERENCE to be held in Trinidad & Tobago on June 29th.




In an effort to get early commitment from participants and to better gage expenses and venue planning, the date of Friday April 27th has been set as the cut-off date for the $350.00 registration fee.


Effective May 01 until June 15, 2012 the registration fee will be $500.00 per person for the event.




Payments can be made to:




W.E. Cavan & Associates
1535 Providence Drive
Vista, California 
92081
USA




US FUNDS




For wire transfer instructions please contact the IMO by email:


imango.org@gmail.com


or by telephone:


1+760-643-1153











FALLOUT FROM THE DIAMOND FOOD'S BOTCHED PRINGLES DEAL ...

NEW - Foodnews weekly podcast 24-02-12. Listen here...

Sparkle and Fade
Friday February 24 2012






BY THE time it came around last week, the annulment of Diamond Foods’ deal with Procter & Gamble to purchase the highly successful potato chips business, Pringles, was not much of a surprise to anyone. Analysts and industry members had been predicting for weeks that it would happen.




Some of those voices came from within the Californian walnut sector, which has an understandable interest in the dénouement of Diamond’s accounting bungle, as it directly affects the supply chain and the make-up of the market for an increasingly lucrative commodity.



At one end of the chain, there are the growers who have lost faith in Diamond and are preferring to switch customers, to supply companies they trust more and who may even give them better prices for their product. This may result in a degree of fragmentation, with Diamond less able to supply large volumes of specific products, but other companies not …

TRANSFERS TO SPAIN DO NOT NEED TO BE BY LAND ...

Eric de Wit, Transfennica:
"There's no reason to go to Spain by road anymore"






The company Transfennica has been providing a shipping route between Zeebrugge and Bilbao for four years. 

The logistic provider is the only one who sails from a Northern European port to Bilbao with unaccompanied trailers and 12 drivers. 

"We sail three times a week to offer a full alternative to road transport", says Eric de Wit. He indicates that there's no longer any reason to travel to Spain by road.

 "There are so many more advantages to transport by ship. First of all it saves companies a lot of money."





"Considerable cost reduction"
"You don't have to travel though France any more and this cuts back on maintenance, fines and toll. Shipping is also more reliable. You know when the ship will leave and arrive", says Eric. "The passage between Spain and Belgium takes 38 hours. We take 12 drivers and 195 unaccompanied trailers. In the special cont…

SAD FACT: OVER 50% OF THE WORLD'S FARMERS ARE HUNGRY ...

WHAT CAN THE PMA LEARN FROM FRUITLOGISTICA ??? ...

Opinion: Fruit Logistica a taste of what’s in store for international markets



February 24th, 2012

By Greenscans co-founder and BerryBroad Juanita Gaglio


My first memory of Berlin was crossing over to East Berlin through Checkpoint Charlie in the summer of 1984. The landscape faded from brilliant Technicolor to black and white with the ubiquitous grey buildings throughout the East. Wide boulevards were deserted as people ambled down them. Available food in the restaurants was in pretty bad shape with currywurst the mainstay on menus. After the fall of the wall in November 1989, I spent a month in Berlin as part of my territory with a position that I had with a French company.



No article on Fruit Logistica would be complete without a backdrop of this magnificent German city with such strong historical significance. The venue for the expo also is rich in history and dates back to 1926 with the introduction of Green Week. Fruit Logistica opened in 1993 and had its roots in an outdoor event…