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Showing posts from July 16, 2012


Quantitative easing

QE, or not QE?

An assessment of the most controversial weapon in the central banker’s armoury

Jul 14th 2012 | WASHINGTON, DC | from the print edition

THE conventional arms have run out. 

Central banks in America and Britain have long since pushed interest rates to close to zero. On July 5th the European Central Bank (ECB) joined them, slashing its rate on deposits to 0% and its main policy rate below 1%. A different sort of arsenal is now being deployed. Unconventional monetary policy covers everything from negative interest rates—now on offer in Denmark—to a change in inflation targets, but “quantitative easing” (QE), the creation of money to buy assets, has proved to be the most popular weapon of this crisis.

Its use is being stepped up. On July 5th the Bank of England (BoE) announced a £50 billion ($78 billion) increase in the size of its asset-purchase programme, to £375 billion in total. Speculation is growing that the Federal Reserve may launch another round of QE,…


Move over Alphanso, try Sabz Pari

SUNDAY, 15 JULY 2012 22:23 


Mangoes played host to the crème de la crème at Salman Khurshid’s Aam Dawat.Team Viva reports

Louise and Salman Khurshid’s annual mango party at their residence presented different varieties of mangoes from Uttar Pradesh (UP), and brought the Who’s Who of the Delhi political and social circles together under one roof.

Khurshid’s home became the place of celebration with mango ruling the roost. 

“We started this festival in 1989 to popularise the mangoes found in UP. As usual people regard Alphanso as the most popular one. But there are number of good varieties from UP that one must try,” said Louise Khurshid. 

The Aam Dawat was attended by dignitaries like P Chidambaram, Union Minister of Home Affairs, Planning Commission Deputy Chairman Montek Singh Ahluwalia and ghazal singer Zila Khan. Along with kebabs and chaat, everyone relished different kinds of mangoes. 

There were nearly 17 varieties, from Gulab Khas, Chousa, Sab…


Holland: In-store Promotion of Pakistani Mangoes at Hanos

The Commercial Wing of the Embassy of Pakistan and Pakistan Horticulture Development & Export Company in collaboration with Hanos Group, organized a daylong tasting campaign of Pakistani mangoes. 

An impressive display of mangoes was set up next to the store entrance. 

Mango cubes and delicacies made from Pakistani mango were made available for tasting throughout the day for customers visiting the store.

The objective of the in-store promotion was to organize an interactive campaign at Point of Sale (POS) to introduce Pakistani mango to the Dutch consumers.

Muhammad Ashraf, Commercial Counselor of Pakistan and Mr. Michelle, Director of Hanos, co-inaugurated the mango promotion in a simple but impressive ceremony. 

Speaking on the occasion, Mr. Michelle stated that Hanos had introduced Pakistani mango in the assortment of their Hanos branch in 2011. Due to a good response the company decided to extend the product to 10 more store…


Manfred van der Vlag: "Favourable market conditions"

Greenbox start Israeli mango season

To his own surprise Manfred van der Vlag of Greenbox learned that the company was the first to receive a container of mangoes from Israel. "The production of mangoes in Israel has changed this year compared to other years. Less Tommy Atkins is available and more Shelly and this last variety has arrived earlier than other years."

"Together with our partners in Israel we have been successful to import the first container for export with a correct brix content. During a recent visit I have convinced myself of the quality at the kibbutz before harvesting started last week" Manfred says. "Also the market conditions are favourable with volumes which are not too large from other countries of origin and a good demand."

"With the Shelly-variety we have added a variety to our assortment, which has soft and fibre free pulp, a nice colour on the outside and a relativel…

Costa Rica to profit as U.S. imports more mangoes ...

Posted: Monday, July 16, 2012 - By Tico Times

Consumers in the United States are buying more mangoes, and that’s good for Costa Rican exporters, trade figures show.

Mango consumption is booming in the United States, and the tropical fruit is starting to give more traditional fruits such as bananas, strawberries and pineapples a run for their money.

According to Costa Rica’s Foreign Trade Promotion Office, the U.S. is now the second most important destination of Costa Rican mango exports behind the Netherlands, with sales to the U.S. totaling $8.4 million in 2011. In 2010, the U.S. market was third behind the United Kingdom.

U.S. Department of Agriculture data indicate that mango imports increased from $226 million in 2007 to $343 million in 2011, an increase of 13 percent. Mexico is the main supplier of the fruit, followed by Peru and Brazil.

During the first five months of 2012, Costa Rica's mango sales to the U.S. totaled $6.7 million, with a market share of 24.5 percent.



Fairchild Tropical Botanic Garden's International Mango Festival Celebrates Fruit

By Laine Doss Mon., Jul. 16 2012 at 11:04 AM

All photos by Laine Doss

Thousands of mango lovers gathered in Miami from around the world for the 20th annual International Mango Festival, held this past weekend at Fairchild Tropical Botanic Garden.

The three-day event celebrated this diverse fruit through lectures, entertainment, interactive tastings, and the world's only auction of rare mangoes.

The mango festival is one of Fairchild's signature events. 

Each year, the garden spends weeks gearing up for the festival by organizing hundreds of employees and volunteers who spend countless hours picking the mangoes at the garden's Fairchild Farm, located in Homestead. 

In preparation for the festival, fruit is identified by type, sorted and boxed. Mangoes that ripen too early are gathered, diced, and frozen to make the tens of thousands of fruit smoothies that are sold each year to attendees looking …

VENEZUELA: Parque eólico de La Guajira aportará energía eléctrica antes de que finalice 2012 ...

julio 16, 2012 6:35 pm

(Foto archivo)

Una vez que se complete la instalación de los primeros aerogeneradores en el parque eólico La Guajira, en el estado Zulia, este sistema podrá aportar energía al Sistema Eléctrico Nacional (SEN) antes de que finalice 2012, sostuvo este lunes el viceministro de Nuevas Fuentes de Energía, Héctor Constant.

“Se está instalando el primer aerogenerador con la empresa Argentina Ipsa. Ya están las bases. Se está trabajando de forma intensa, tan pronto estén ya instalados no tendrá problema en ser incorporada de manera directa a la red. No tendrá que haber ninguna instrumentación intermediaria”, dijo a los medios de comunicación.

La puesta en marcha del parque eólico que se construye en la región de La Guajira contempla la producción de 75,6 megavatios (MW) de energía.

La fase 1-A de este proyecto de energía alternativa, que ejecuta el Ministerio para la Energía Eléctrica, prevé la instalación de 12 aerogeneradores de 2,1 megavatios (MW) cada uno, que sumarán 25…


Here’s one from left field folks. 

Marissa Mayer, long a face of Google and a prominent spokesperson for its location side, will depart the company to take the reigns at Yahoo, according to NYT Dealbook

The press release from Yahoo says that Mayer will start the position on Tuesday.

Interestingly, Mayer may not have given notice at Google, as the Dealbook piece states that she resigned her position via a phone call today.

Mayer’s history with Google has been a unique one. As employee number 20, she signed on with the company as a software engineer 13 years ago and quickly rose to the position of Product Manager before being promoted to VP of Search and User Experience. When Google shifted its methods to be more personal, Mayer was given a sideways promotion into the Location position.

Mayer has, on a few occasions, made the case for machine-based information rather than the input of people. She, almost famously, made the comment of “I don’t do HTML” when addressing the UI of the Google h…


Bad weather cuts mango exports

By Soe Sandar Oo
Volume 32, No. 635
July 16 - 22, 2012

Bad weather and poor quality controls have resulted in mango exports falling by more than 30 percent this year say exporters.
Pic: Ko Taik

MANGO exports this year have fallen by more than 30 percent because bad weather affected crops, said a spokesperson for Mandalay Region’s fruit association.

U Ko Ko Htwe, chairman of Myanmar Fruits and Vegetables Producers and Processors Association of Mandalay Region, said the year-on-year decline was more than 16,000 tonnes.

“Mango crops were reduced by bad weather and exports fell as a result,” he said.

“We also need to educate farmers on better growing techniques if we want to increase our prices in future,” he added.

U Ko Ko Htwe said about 34,000 tonnes of mangoes had been exported this year earning about US$16 million, down from 50,000 tonnes last year.

Mango season runs from April to July and the fruit is mostly exported to China via border trade, with other small sh…