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Sunday, December 16, 2012
Kicking a Pan of Flaming Gasoline Is the Best and Worst Idea
Saturday, December 15, 2012
John Cruz Recreation-and-Sports Little league golf balls | proba ...
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Source: http://guthriechet.typepad.com/blog/2012/12/john-cruz-recreation-and-sports-little-league-golf-balls-proba.html
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Thursday, December 13, 2012
Samsung's Chief Strategy Officer Prefers to Use Apple at Home
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Tuesday, December 11, 2012
India's Real Estate Developers Predict New Construction Boom ...
The sight of a construction crane looming on the horizon has become ubiquitous in most large cities across India ? and may become even more so in the near future.
The introduction of large foreign retailers like Wal-Mart into the country is eagerly awaited by many industrialists, particularly in the real estate sector, where builders and developers hope to benefit from an increased demand for retail spaces.
Commercial real estate prices in India have already risen sharply in big cities in recent years, and there is a dearth of quality retail spaces available for rent, so analysts expect a boom in construction if foreign multibrand retailers enter the market.
That looks likely: On Wednesday, India?s Lok Sabha, or lower house of Parliament, voted against a measure forbidding foreign multibrand retailers from entering India. The upper house of Parliament also voted against the measure on Friday, cementing support for new retailers. State governments have the option to ban big foreign retailers from their state, and their entry into the country comes with several conditions, but builders are already getting excited.
?Foreign retailers are most welcome by the builders community,? said Anand Gupta, the general secretary of the Builders? Association of India and managing director and chairman of the Choudhary & Choudhary Group, a construction company working primarily in Mumbai and Pune. ?There is a lack of financial support from the government for real estate,? he said, and an entry of foreign companies ?will help financially and boost the demand for commercial establishments and shopping centers.?
While foreign retailers are allowed to procure land in India, as long as they build their own stores on it, they are not allowed to buy and sell undeveloped land, and they face other regulations on development set by the Department of Industrial Policy and Promotion of the Ministry of Commerce and Industry.
Therefore, most retailers prefer to lease properties. ?The rental model tends to work out better for profitability,? said Subhasis Roy, the national director for retail agency at Knight Frank India, a real estate company.
In Indian cities with more than a million people, which big foreign retailers are confined to, analysts predict a marked increase in demand for commercial real estate, warehousing and office space. ?In the short term there will be a spurt in demand as retailers set up test stores,? said Harvesp Mehta, director for real estate at Motilal Oswal Private Equity Advisors. ?Developers in cities like Mumbai do not have sufficient demand coming in, so it will bode well for them if there are new entrants to the market.?
Whether this will translate into sustained demand in the long term depends on whether these companies are able to overcome infrastructural hurdles and fare well in the Indian market, he said.
The paucity of quality rental spaces for the retail sector in the cities where multibrand foreign retailers are expected to enter the market could trigger demand for new projects. ?In India, per capita mall space among the top seven metro cities is presently estimated at less than one square foot, with the United States and Europe average being 20 to 40 times that,? said Mr. Roy. While there are several malls in the works, most won?t be finished for three to four years, he said.
However, some say a large increase in retail rents does not seem viable, with the prices of real estate in India?s biggest metropolitan areas already being unaffordable to many. ?There is only a marginal jump in pricing possible, beyond which it will become a barrier to entry,? said Pankaj Renjhen, managing director for real estate services at Jones Lang LaSalle India. ?While it is difficult to compare India to other markets because the industry is structured differently, prime locations in India are some of the most expensive in the world.?
In premium malls that house international brands, like the Palladium in Mumbai, the DLF Emporio in Gurgaon or Select Citywalk in New Delhi, rentals vary from 350 to 600 rupees ($6.44 to $11) per square foot per month depending on the location, the brand and other variables, he said.
Mr. Mehta said, ?If the prices go up anymore from here they will kill demand the way they did in the residential real estate market. I?m sure McDonald?s would like to have a store in every corner in a city as populated as Mumbai, but they have been forced to slow down the process of opening stores because the rentals are crazy.?
Indian retail space may be getting more expensive, but it is still lower than prime retail space in some other big cities. In Manhattan, for example, retail rents on Fifth Avenue below 49th street averaged $875 per square foot a year, or $72.92 per square foot a month, according to a report from Cushman and Wakefield.
However, for companies in the Indian retail market, rental costs are a higher percentage of their turnover. While rentals are typically 3 percent of the turnover of retail companies internationally, they are well over 10 percent of turnover in India, said Mr. Roy.
International brands will have to come in with realistic expectations about where they can set up shop, analysts said.
?No quality real estate will be readily available. They will have to build it from scratch and even then it will lack the surrounding infrastructure like connectivity, parking space, water and electricity,? said Mr. Renjhen. ?International brands cannot come in expecting the same quality of real estate that they are used to in Europe or America. Here, a high-end luxury retailer will have to be okay being next door to a neighborhood chemist.?
This post has been revised to reflect the following correction:
Correction: December 11, 2012
An earlier version of this article mistakenly compared Manhattan rents reported on a yearly price per square foot to Indian rents reported on a monthly price per square foot.
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Radio Show Canceled After Nurse Jacintha Saldanha?s Death: DJs Speak Out (VIDEO)
Radio Show Canceled After Nurse Jacintha Saldanha’s Death: DJs Speak Out (VIDEO)
The company that owns the radio station that made the Kate Middleton radio prank call has “terminated” the show and will implement “a company-wide suspension of ‘prank’ calls.” The two Australian DJs have spoken out in an interview and get emotional as they apologize to nurse Jacintha Saldanha’s family. The Australian DJs that made the ...
Radio Show Canceled After Nurse Jacintha Saldanha’s Death: DJs Speak Out (VIDEO) Stupid Celebrities Gossip Stupid Celebrities Gossip News
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World Cruises ? Which Cruise Line Is the Most Luxurious? | TRAVEL
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Silversea Cruises have accrued a considerable reputation for ultra-luxury and sheer high end quality over the last decade. Voted the ?World?s Best? cruise line nine years in a row by the readers of Cond? Nast Traveller and seven years running by Travel & Leisure magazine, Silversea Cruises combines large-ship facilities across their fleet of four specially designed intimate vessels.
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With a crew-to-guest ratio that?s nearly one to one, Silversea Cruises target the top end of the cruise market, with staff trained by The Leading Hotel Schools of the World association.
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Silversea partnered with the internationally acclaimed Grand Chefs of Relais & Ch?teaux group to design and deliver a unique menu of signature dishes each night in their all-inclusive gourmet dining room, The Restaurant.
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Unlike many other cruise lines, there is an open seating policy, which provides more dining flexibility than you may be used to on mass market tours.
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As you might expect from the wallet denting prices, Silversea offers virtually any leisure activity you might ever wish to indulge in. For pure relaxation, the Spa at Silversea offers a relaxing and rejuvenating sanctuary that specialises in Balinese massage treatments complete with steam baths, saunas and an outdoor whirlpool overlooking the ocean.
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There are the usual wine tastings and gourmet cooking classes, as well as lectures by famous guest speakers. And to work off the extra calories, there?s a jogging track round the entire promenade, or a quiet pool by the state-of-the-art fitness centre.
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But the main reason to go ultra-luxury after all is the level of service and facilities on offer, and this is where Silversea really shine. All the accommodation is organised in suites, with ocean views from your furnished, private teak balcony.
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Lounging areas, complete with walk-in cupboards complement your marble bathroom helping you laze in your full size bathtub and luxury bath amenities. Sumptuous linens, plush mattresses and even a choice of your favourite pillow guarantee a great night?s sleep.
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Silversea have two main liners ? the Silver Spirit and the Silver Whisper.
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The Silver Spirit
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The Silver Spirit entered service in December 2009, and marked a new generation in luxury cruise ships. Larger than the rest of the fleet, with more balconies, dining choices and on board facilities, the Silver Spirit became a popular choice for world cruises. Small enough to access remote ports yet large enough to accommodate all the staff who maintain the impeccable levels of six-star level luxury for which the line is renowned.
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The vessel contains six restaurants ranging from contemporary international cuisine to intimate multi course culinary experiences from a set tasting menu, complemented by all inclusive fine wines.
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The Spa at Silversea offers 8,300 square feet of sheer indulgence with floor-to-ceiling windows, nine different treatment rooms, indoor and outdoor relaxation zones, a sauna, steam rooms and even an outdoor whirlpool to watch the world float by from.
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The Silver Spirit will be setting sail with her 540 guests on her maiden world voyage in 2011, circumnavigating the globe over the 119-day world tour.
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The Silver Whisper
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Launching in 2001, the Silver Whisper was specifically designed to provide the most intimate of sailing experiences, with far fewer guests on board than even most luxury lines.
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The Silver Whisper has a similarly high level of dining, entertainment and recreational options to it?s sister ship, but in more spacious surroundings with less guests aboard. There is the same open-seating dining policy and three gourmet restaurants to enjoy, including custom designed tasting menus of dishes inspired by the regions you?ll be cruising through.
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The large pool deck has beautiful teak loungers plus a heated pool and whirlpools, with attentive staff always at the ready just when you need that fresh towel and your favourite beverage.
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Enrichment is a fundamental concept on every Silversea cruise and you can enjoy lectures, workshops and demonstrations on wine tastings and local cuisine giving you quite literally the flavour of the many ports you pass through around the world.
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The Silver Whisper will embark on a 115-day world cruise in 2012, taking its smaller contingent of just 382 guests through tranquil Polynesian islands, wild Australian landscapes, exotic ports in Southeast Asia, to ancient Arabia and Egypt and the Mediterranean.
Source: http://traveloutbound.com/world-cruises-which-cruise-line-is-the-most-luxurious/
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Egypt's opposition: Morsi is risking 'violent confrontation'
President Mohamed Morsi rescinded a decree that gave himself sweeping powers, but has not budged on a Dec. 15 date for a constitutional referendum that opponents want delayed.
By Alistair Lyon,?Reuters, Tamim Elyan,?Reuters / December 9, 2012
Egyptian protesters push army soldiers standing guard in front of the presidential palace in Cairo, Egypt, Sunday. Egypt's liberal opposition called for more protests Sunday, seeking to keep up the momentum of its street campaign after the president made a partial concession overnight but refused its main demand he rescind a draft constitution going to a referendum on Dec. 15.
Nasser Nasser/AP
EnlargeEgypt's main opposition coalition rejected on Sunday Islamist President Mohamed Morsi's plan for a constitutional referendum this week, saying it risked dragging the country into "violent confrontation."
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President Morsi's decision on Saturday to retract a decree awarding himself wide powers failed to placate opponents who accused him of plunging Egypt?deeper into crisis by refusing to postpone the vote on a constitution shaped by Islamists.
"We are against this process from start to finish," Hussein Abdel Ghani, spokesman of the National Salvation Front, told a news conference, calling for more street protests on Tuesday.
The Front's main leaders ??Nobel peace laureate Mohamed ElBaradei, former Foreign Minister Amr Moussa, and leftist Hamdeen Sabahy ??did not attend the event.
Hundreds of protesters milled around Morsi's palace, despite tanks, barbed wire, and other barriers installed last week after clashes between Islamists and their rivals killed seven people.
"Holding a referendum now in the absence of security reflects haste and an absence of a sense of responsibility on the part of the regime, which risks pushing the country towards violent confrontation," a statement from the Front said.
The Muslim Brotherhood, which propelled Morsi from obscurity to power, urged the opposition to accept the referendum's verdict.
Islamists say the vote will seal a democratic transition that began when a popular uprising toppled Hosni Mubarak 22 months ago after three decades of military-backed one-man rule.
Their liberal, leftist, and Christian adversaries say the document being fast-tracked through could threaten freedoms and fails to embrace the diversity of Egypt's?83 million people.
'Act of war'
Morsi had given some ground on Saturday when he annulled the fiercely contested decree issued on Nov. 22 that gave him extra powers and shielded his decisions from judicial review.
But some measures taken under the decree remain in force and the president has insisted the referendum go ahead on Dec. 15.
Liberal opposition leader Ahmed Said earlier described the race to a referendum as an "act of war" against Egyptians.
Egypt is torn between Islamists, who were suppressed for decades, and their rivals, who fear religious conservatives want to squeeze out other voices and restrict social freedoms. Many Egyptians just crave stability and economic recovery.
Brotherhood spokesman Mahmoud Ghozlan said the scrapping of Morsi's decree had removed any reason for controversy.
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