Gold Season: Summer Doldrums? Gold News
And How.. Contact Email us Gold Season: Summer Doldrums? Tuesday 6 th May 2008 The seasonal turns in Gold are being overtaken by macro-economic & monetary events.. This summer season - marking a lull in demand - usually lasted until the middle-to-end of August, with the main demand for physical Gold Bullion appearing in the final quarter of the year.
Will Gold go through the same seasons this year? This demand from Indian jewelry buyers was, in turn, driven by the weather. In the past, 70% of India's gold demand came from the agricultural sector, all of which is dependent on the weather and seasons. And after May, crops have to be planted ready for the coming monsoon rains, bringing the crops to fruition in the early-to-middle parts of August. In India, Gold means far more than just jewelry for adornment, however.
It has religious connotations as well as financial importance. Gold makes an auspicious investment during the Hindu festival season, for example - most especially the Diwali festival in October.
What's more, in a country where respect for the civil service, appliers of the law and the tax authorities is extremely low, the attraction of changing your tax-free agricultural profits into Gold and property - and then slipping under the tax radar - is often irresistible. Another key feature of gold's seasonal demand in India - where family remains the heart of society - is the bridal dowry.
Wives don't own assets, but they can own cash, and this gift from the bride's parents is to ensure that the new couple start their married life with financial security. This powerful tradition makes the "marriage season", which comes to an end in May, one of the important factors in the pattern of demand for gold. The climax of this demand also comes together with the Akshaya Thrithiya festival - marked on 7th May in 2008.
It is auspicious to marry in this season, again tying gold together with religious faith. Gold Season: the "Doldrums" In the Western world, the gold jewelry season also becomes becalmed mid-year, as the Christmas and New Year present-giving festivals are furthest away.
The Gold Market then faces a global situation akin to the "Doldrums" - a feature of the Atlantic trade winds between South America and Africa, where the wind suddenly drops and leaves sailing ships stuck, waiting for the trade to winds pick up again. But a glance at the last few years shows a distinct break in that pattern. Take a look at the chart just for the last couple of years, which serves for the purpose of illustrating our point.
Right in the middle of the end-May to early-Sept. 2006, you can see the Gold Price suddenly begin to take off from $542 to the mid-600s, starting from early June to mid-August and actually drifting until mid-October. The seasonality of gold, in short, is being slowly overtaken by macro-economic and monetary events that dictate the Gold Price today. First he worked in Timber Management and then joined the London Stock Exchange, qualifying as a member and specializing from the beginning in currencies, gold and the "Dollar Premium".
On moving to South Africa, Julian was appointed a macro-economist for the Electricity Supply Commission - guiding currency decisions on the multi-billion foreign Loan Portfolio - before joining Chase Manhattan and the UK Merchant Bank, Hill Samuel, in Johannesburg. There he specialized in gold, before moving to Capetown, where he established the Fund Management department of the Board of Executors.
Legal Notice Disclaimer: This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Gold Forecaster Julian D.W.
Phillips have based this document on information obtained from sources they believe to be reliable but which it has not independently verified; they make no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Gold Forecaster Julian D.W.
Phillips only and are subject to change without notice. They assume no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission.
Furthermore, they assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this report. Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk.
Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. Please review our Terms & Conditions for accessing Gold News. Similar links Surely You Jest!
Important keywords of article: the, of the, for the, in the, the gold, from the, and the, the last, the tax, the doldrums
Big Boys' Toys - icWales
This ingenious invention sees an MP3 player built into a pair of Oakley sunglasses, those of mid-1990s fame. They don't look the best but at least you don't have to remember, or carry, your shades and your tunes when you go out jogging. Oakley THUMP, £164.99, www.ineyewear.com 2 Nine ball. A full size 7ft heavy duty professional American pool table which is perfect for a bachelor flat.
This version is in matt black finish with chrome effect corners but other colours are available, all of which come with two cues, balls, a triangle and chalk. Zodiac Pool Table, £499.99, www.activetoys.co.uk 3 Box clever. Joe Calzaghe didn't become Wales' Number 1 sportsman by watching Mohammed Ali videos. Well, he might have done, but he also did a hefty bit of punching. They don't come much heftier than this. Lonsdale Extra Heavy Punchbag, £120, www.boxfituk.com Keep up to date with the news.
All completely for free. Read Copyright and Trade Mark Notice © 2008 owned by or licensed to Media Wales Ltd. Wales™ is a trade mark of Media Wales Ltd.
Important keywords of article: , pound, ltd, they, bachelor, triangle, is, look, keep, have
WR Hambrecht + Co to Conduct OpenFollowOn(SM) Auction for Interactive Brokers Group
As indicated by its registration statement filed with the SEC on April 24, 2008, Interactive Brokers can choose to sell up to 50,000,000 shares of Class A common stock at or above $33.50 per share. No bids below $33.50 per share will be accepted in the auction. Interactive Brokers has committed in writing to WR Hambrecht + Co that it will promptly deregister any shares which remain unsold after the auction and will not re-register them until at least April 15, 2009.
Further, Interactive Brokers has committed in writing that it will not register another public offering of shares until at least April 15, 2009, regardless of the number of shares sold in this offering. W.R. Hambrecht + Co., LLC, Fox-Pitt, Kelton Cochran Caronia Waller (USA) LLC, and Sandler O'Neill + Partners, L.P.
The public offering will be made only by means of a prospectus which may be obtained by going to WR Hambrecht + Co's Web site, www.wrhambrecht.com, by calling 800-673-6476, by writing to WR Hambrecht + Co, P.O. Box 677, Berwyn, PA 19312 or by going to www.interactivebrokers.com IBDA. OpenFollowOn SM Dutch auction process Pre-auction bids can be submitted at any point up to approximately an hour prior to the actual live OpenFollowOn SM auction.
In the auction and pre-auction periods, bidders may only bid at or above the minimum offering price of $33.50 per share. After the close of the markets on May 7, 2008, an approximately 30 minute live auction will be used to determine a clearing price.
If a clearing price is achieved, shares will be allocated on a price and time priority basis, unless the Company decides to sell shares at a price below the clearing price (but at least equal to the minimum bid price). In this case, shares would be allocated on a pro-rata basis. If a clearing price is not achieved, all shares bid for will be sold at the minimum bid price.
About WR Hambrecht + Co: WR Hambrecht + Co ( www.wrhambrecht.com ) is a disruptive financial services firm using technology and auction processes to provide open and fair access to the capital markets for issuers and investors. WR Hambrecht + Co is headquartered in San Francisco with offices in Boston, New York, and Philadelphia. About Interactive Brokers Group, Inc.: Interactive Brokers Group, Inc.,
The Company provides professional traders and investors with direct access to options, futures, stocks, forex and bonds from a single IB Universal Account SM. Interactive Brokers Group, Inc. Delaware corporation which has been formed to hold shares in and become the managing member of IBG LLC, the current holding company for its business. A registration statement relating to shares of Interactive Brokers Class A common stock described above has been filed with the U.S. Securities and Exchange Commission but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
Important keywords of article: , clearing, if, common, price, co, on, class, securities, registration
MARLON BRANDO - BRANDO MEMORABILIA STOLEN AT AUCTION PARTY
Please try not to make an ass of yourself and please for God's sake don't fall in the orchestra pit, Michael." Michael Jackson family auction at the Hard Rock.. The $3,000 (GBP1,500) Schott design was on show at the bash, which celebrated Andy Warhol's famous silkscreen of the star - called The Double Marlon.
The party was attended by celebrity guests including Bruce Willis and Demi Moore's daughter Rumer Willis, and British model Agyness Deyn. A partygoer tells the New York Post, "Security stopped people at the elevators in search of the jacket, but it was never found."
Important keywords of article: the, at the, of the, the star, the hard, the double, the gbp, the orchestra, the bash, the jacket
The Canadian Press: As gardens bloom, so do floral scents at the perfume counter
The purposeful clashing of manly and womanly smells probably can be traced to Thierry Mugler's Angel, says Luca Turin, a scholar in olfactory science. It was a 5 o'clock shadow and chest hair on a floral with a touch of vanilla," Turin says.
Turin and Tania Sanchez, a perfume collector and reviewer, reviewed more than 1,500 perfumes and colognes for their "Perfumes: The Guide" (Viking, 2008). Florals never really go away. Turin, meanwhile, says the interest in fresh, woody, transparent florals started in the niche fragrance market - mostly small producers - and has now gone mainstream. Fresh and woody, that's a hippie scent," Sanchez adds.
It's for people who say they want to be conscious of the earth." Here's a sampling of what's new this season: Women: -Very Irresistible Givenchy Summer Cocktail. This scent, with notes of star anise and crushed mint leaf, is intended for sun-drenched skin. There's a companion men's fragrance with a signature accord of "fresh attitude." Hanae Mori Butterfly Eau Fraiche.
This is Hanae Mori's lightest formula thanks to the citrus scents of tangerine and grapefruit that have been added to the traditional berry and woody notes. Ralph Lauren Romance Eau Fraiche. Eau Fraiche is a limited edition intended for summertime getaways. It's a tweak to the original Romance with notes of lotus flower, guava and waterlily.
Dreaming by Tommy Hilfiger. Dreams are a product of imagination and creativity, says Hilfiger. The scents he uses to embody that include peach, white flower petals and white woods. Hermes' Un Jardin Apres la Mousson. Kerala, India, is a place where land and sea merge and it serves as the starting point for this floral-spicy concoction intended as a unisex fragrance.
It favours green notes as well as watery ones and cool spices like coriander. Bond No. 9's Andy Warhol Union Square. Instead, the inspiration is Warhol's brightly coloured flower screenprints made at his Union Square studio with green floral notes. Michael Kors' Island Capri. Sold as part of a trio with the reintroduced Island Fiji and Island Hawaii perfumes, Capri uses basil, bergamot, cypress and jasmine blossom to capture casual glamour.
Pure White Linen Light Breeze by Estee Lauder. The focus is on the environment - the Mediterranean seascape - that is recreated with darjeeling tea, citrus, florals and a touch of honey. Vera Wang Bouquet. Wang first made her mark in wedding gowns, and the bride serves as her muse here. Meanwhile, Vera Wang Flower Princess is flirtier with notes of green ivy and orange flower petals. Chloe. The themes of self-assurance, irreverence and elegance are translated into notes of powder, peony, lychee and freesia.
Sheer Stella by Stella McCartney. The fragrance itself is tinted rose, giving a hint to the heady garden inside. There are ethereal floral notes, a bit of pink pepper and an unusual raspberry-infused base scent. Marc Jacobs Basil, Grapefruit and Pear splash scents. The fashion designer matched his new seasonal fragrances to the light old-Hollywood palette of his ready-to-wear collection. CK One Summer. This is a poolside fragrance, according to the company.
The notes of watermelon, cucumber and watermint are supposed to remind you of a playful day of fun in the sun. YSL Paris Springtime Pont des Amours. This season's limited edition scent mimics the vibe at a Parisian bridge known at the "Bridge of Love" in the early morning hours. The notes include rosebuds, full-bloomed rose and lily of the valley.
Aqua Allegoria Figue-Iris by Guerlain. Figue-Iris emphasizes green fruitiness with fig and iris complemented by a powder note. Aqua Allegoria Laurier-Reglisse taps into the spicy sweetness of licorice and the freshness of laurel. Classique Summer Fragrance by Jean Paul Gaultier. The notes feature bright citrus fruits and a bouquet of exotic flowers, including Arabian jasmine.
Ed Hardy by Christian Audigier. Mango, strawberries and steamed apples help provide the fruit while freesia and muguet help with the floral. Alien Eau Luminescente by Thierry Mugler. The Tiara flower, native to Tahiti, is a key note. It's mixed with amber in an effort to create a sunshine scent. Rose Absolue by Yves Rocher. Perfumers blended the scents of Turkish, Bulgarian and Moroccan roses to update the traditional rose accord.
Sarah Jessica Parker's Covet Pure Bloom. Bored with roses or mixed bouquets, Parker picked the royal Indonesian pikake as the floral note at the heart of her new perfume. DKNY Charmingly Delicious. There are two sister scents offered - Red Delicious Charmingly Delicious is full of red fruity notes mixed with vanilla and Be Delicious Charmingly Delicious is dedicated to the apple with a hint of bright citrus and watery dew. Blushing Cherry Blossom by Bath & Body Works. Cherry Blossoms usher in spring with a sweet floral scent while the air is still crisp.
This aims to marry those two things in a bottle with notes including mandarin, melon and jasmine. Harajuku Lovers. Love is cute and frilly; Lil Angel is sassy and sexy; Music is tough with attitude; Baby is girlie and sweet; and G, presumably for Gwen, is the leader of the pack.
Important keywords of article: , is, with, of, as, and, hint, touch, scent, limited
Press Releases Press Release Distribution Submit Press Release - 8 Year Old Takes Helping the Homeless To a Whole New Level
Zachary watched as his mother gave a homeless man in San Diego a couple of dollars, then they quietly observed the man as he bought liqueur and cigarettes with their hard earned money. Zachary’s mother vowed never to give money to the homeless again. But Zachary would not let the experience go without finding a solution.
A few days later we were coming down another freeway off ramp and saw another homeless person standing at the end of the ramp. His clothes were torn and dirty. I asked my mom if she was going to give him money. She then asked me ‘Zack, what would you do to help him if we didn't give money?& I started to rattle off some things and before you know it, came up with the Helping HandBag.
We were both so excited about the possibilities that we went to our local. 99 Cent Store that night to put our first Helping HandBags together." Each Helping Handbag contains a pair of gloves for warmth, cheese crackers for a hungry tummy, a toothbrush, toothpaste, a bar of soap, deodorant, a comb, adhesive bandages, and a reference card to facilities in the local area which help the homeless.
Zachary even has an informative web site, www.guiltlessgiving.com which gives the history, support, and ability to purchase these Helping Handbags for distribution. Included on the site are beautiful pictures reminding us of those that are in need.
There is even a picture of Zachary, a smart, funny, and innovative young man, and a blog in his own words. With the help of friends and family, Zach’s idea has taken off. If you would like to help and for more information on the Helping Handbag, please visit Zachary’s web site.
The answer to guiltless giving has been found through the resourcefulness of an eight year old boy. Prev Next » Back Disclaimer : If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact freepressreleases.co.uk. We will be unable to assist you with your inquiry. Freepressreleases disclaims any content contained in these releases.
Our complete disclaimer appears here. Sponsored Links.
Important keywords of article: , and, money, bar, idea, toothbrush, web, smart, reference, comb
Richard Deitsch: Media Power Rankings for April - Richard Deitsch - SI.com
He said he would take a "brief" look. Cue interviewer, in this case, yours truly, smiling a skeptical smile.) One of the reasons for the rapid growth of sites such as Deadspin and The Big Lead is that they feed the sports media's obsession with itself, present company included.
Had I fronted a show that produced fireworks between a Pulitzer Prize-winning author ( Buzz Bissinger ) and one of sports blogging's major domos (Deadspin's Will Leitch ), I would have surfed harder than Duke Kahanamoku to get a sense of the coverage.
Costas described the show as "exhilarating and also frustrating." That's a fair assessment given the time constraints of television and the seemingly unlimited subjects under the banner of sports media. Since the show aired we've seen an endless platter of interesting takes, including this and this and this and this and this from bloggers and mainstream writers.
Costas himself engaged actively in dialogue with AOL's Michael David Smith and also spoke with Will Carroll of Baseball Prospectus (and occasionally SI.com). The show was not perfect -- for starters, I would have liked to have heard from more beat writers, the men and women who build the information walls -- but the attempt was more than admirable. 2. Ron Jaworksi and Kirk Herbstreit, ESPN: With all the airtime given last month to the tete-a-tetes between NFL draft wonks Mel Kiper Jr.
Todd McShay (THESE GUYS REALLY DISAGREE ON STUFF! IT'S NOT SEAN SALISBURY AND JOHN CLAYTON. WE SWEAR!) Jaworski and Herbstreit turned out to be the best part of ESPN's draft coverage. Truth be told, the Kiper-McShay duels were also entertaining -- at times). When informed people disagree, it makes for interesting viewing. 3. Buzz Bissinger, Internet punching bag Pulitzer Prize winner: If only he had offered his critique of the sports blog culture with the same reasoned, passionate and intelligent prose that earned him the admiration of literate sports fans.
Instead, Bissinger went reactionary. He threw out unfounded generalizations about sports bloggers. He let his conduct overshadow his content. Worst, he became the message. Since his ill-advised comments, Bissinger has privately apologized to Leitch and offered measured and cogent thoughts on the topic, including a thoughtful interview with Dan Le Batard 's Miami-based radio show and this Q&A with The Big Lead. I should not have used profanity," said Bissinger.
I shouldn't have been as hostile in my approach to Will Leitch because it makes me look bad. It's unprofessional. It's unfair to him. But I don't take back the words I said." For what it's worth, Costas said after the show that the segment was not set up as a Sonny Corleone -style hit on Leitch. I knew Buzz was coming with his game face on," Costas said, "but I had no idea what he would say." 4. Will Leitch, Deadspin founder: The usual disclosure: Leitch and I fit somewhere in that male gray area between acquaintances and friends.
I think he's a talented writer and I agree with him that the Web has created a new sports meritocracy that empowers non-journalists to reshape existing paradigms regarding what is newsworthy, relevant and tasteful. Deadspin.com would not exist unless there was an audience for it, and its audience cannot be classified by one strata. Nor can one easily classify sports bloggers, a lot consisting of lawyers, television writers and, yes, even folks living in their mother's basement.
Dedicated blogging is a very hard gig (even bad blogging is a hard job) and there are no days off if you want to build a loyal readership. In extreme cases, blogging can even cause death.)
Where I disagree with Leitch is the notion that posting photos of Cardinals quarterback Matt Leinart partying -- or reporting on the nighttime antics of ESPN's Chris Berman -- humanizes those subjects. Embarrassing details of famous people are a commodity -- just like corn or soybeans. You can monetize it and millions of people are interested in it.
One of my SI colleagues made an interesting point in an e-mail last week: He wrote that he didn't think Leitch should represent blogs anymore because he plays in both worlds, mainstream and blogging. You can't write for The New York Times and GQ and pretend to be an outsider," he wrote. It was an interesting point.
With Bissinger cast as the establishment foil and Leitch defending the position of the sports blogosphere on Costas Now, I found myself marveling at the irony of the moment. Sitting next to me as a guest of Leitch was David Hirshey, who writes keenly on soccer for Deadspin when he's not otherwise engaged as an executive editor at HarperCollins, one of the most powerful publishers in America.
As Leitch and Bissinger jousted on stage, as the well-connected and well-regarded Hirshey wondered if his pal was being setup, I kept thinking: Which guy is really representing the mainstream here?
5. " Gasbags on Parade ": NBC's Al Michaels, in full superiority mode, delivered this cruise missile in the direction of ESPN in a taped segment on Costas Now : "ESPN has had a major influence on sports but there are a lot of shows that I watch now where it's a screaming match," said Michaels.
Important keywords of article: , would, sports, major, lot, are, think, not, but, where
New Worlds: New program teaches science and math teachers Jerusalem Post
A new program at the Weizmann Institute in Rehovot is aimed at raising the low level of Israeli high-school pupils knowledge of scientific subjects and math that has been exposed in recent years in international comparison studies. The innovative "Caesarea Program" will soon be inaugurated at the Rehovot institute. Made possible by the Caesarea Edmond Benjamin de Rothschild Foundation, it will offer masters' degrees in science education to outstanding high-school and middle-school science and math teachers.
The three-year curriculum, prepared by Weizmann faculty members, will include studies designed to broaden and deepen scientific knowledge, meetings with scientists working at the cutting edge of research and practice in applying innovative approaches to teaching. Participants will also conduct research in the field of science teaching and gain first-hand experience in leading original initiatives.
Teachers will study two days a week for the first two years and one day a week in the third year. The rest of the week, the participants can continue their normal teaching duties. Participants will be selected on the basis of recommendations and personal interviews, and each will receive a study grant in addition to an exemption from tuition. For teachers who already have advanced degrees, the program offers a multi-track option that will integrate practical studies with research.
Participants in this branch of the program are also eligible for study scholarships. A continuing education program will be offered to those who finish either track, in collaboration with the science teaching department and other scientific departments at Weizmann, and with the Davidson Institute of Science Education, which also conducts its activities there.
The continuing program will support participants in developing and implementing innovative science education projects. The Caesarea Program is open to outstanding science and math teachers who have at least three years of experience. Those teachers chosen to participate are required to commit themselves to teaching for at least another three years.
Interested candidates can write to Miriam Carmeli at miriam.carmeli weizmann.ac.il. POLLINATING BEES CONFUSED BY POLLUTION A rose is a rose is a rose, but when it - or other flowers - grows in polluted air, its fragrance is diminished, thereby inhibiting the ability of pollinating insects to follow scent trails to their source.
A new University of Virginia study published in the journal Atmospheric Environment found that air pollution from power plants and road vehicles is destroying the fragrance of flowers and thereby making it difficult for pollinating insects to follow scent trails. This could partially explain why wild populations of some pollinators, particularly bees - which need nectar for food - are declining in several areas of the world.
The scent molecules produced by flowers in a less polluted environment, such as in the 1800s, could travel about 1,000 to 1,200 meters; but in today's polluted environment downwind of major cites, they may travel only 200 to 300 meters, said the study co-head, environmental sciences Prof. Jos Fuentes. This makes it increasingly difficult for pollinators to locate the flowers."
The potential result is a vicious cycle where pollinators struggle to find enough food to sustain their populations, and populations of flowering plants, in turn, do not get pollinated sufficiently to proliferate and diversify.
Other studies, as well as the actual experience of farmers, have shown that populations of bees, particularly bumblebees, and butterflies have declined greatly in recent years. Fuentes and his team believe that air pollution, especially during the peak period of summer, may be a factor. To investigate this, they created a mathematical model of how the scents of flowers travel with the wind.
The scent molecules produced by flowers are very volatile and quickly bond with pollutants such as ozone, hydroxyl and nitrate radicals, which destroy the aromas. This means that instead of traveling intact for long distances with the wind, the scents are chemically altered. This forces pollinators to search farther and longer, and possibly to rely more on sight and less on smell.
The scientists calculated scent levels and distances that scents can travel under different conditions, from relatively unpolluted pre-industrial revolution levels to the conditions now existing in rural areas downwind from large cities.
It quickly became apparent that air pollution has destroyed the aroma of flowers by as much as 90 percent from periods before automobiles and heavy industry," Fuentes said. And the more air pollution there is in a region, the greater the destruction of the flower scents."
Important keywords of article: the, with the, of the, in the, at the, the wind, the program, the caesarea, the fragrance, the conditions
globeandmail.com: Now on sale in aisle one: Class warfare
The city has rejected the development on the grounds that the land was zoned as "employment," and retail, with its low-paying jobs, doesn't qualify.
Neighbourhood groups have resisted the development, citing the increase in traffic and air pollution, and what they feel is an unimaginative and unproductive use of the land. The developer, the emphatically named Smart!Centres Inc. Power Centres, SmartCentres and Wal-Mart super centres that loom in the suburbs like the doomed heads of Easter Island.
The model submitted to the OMB shows two- and three-storey red-brick façades with a generous pedestrian corridor, though it may be anchored by the devil itself, Wal-Mart. Titled the "Foundry District Lifestyle Centre," it is a stealth mall. And this at a time when the city is famously broke.
The debate has been framed in terms of community and money, but at the heart is the nature of malls themselves. TWO KINDS OF MALLS' Malls are like nuclear warheads, each one created to counteract one that already exists, and if possible, destroy it, or render it obsolete. Their evolution is partly social and cultural, and is glimpsed in comedian Chris Rock's observation: "There's two kinds of malls. The one where the white people shop, and the one where they used to shop."
The mall where they used to shop may end up being Gerrard Square, several blocks north of the Leslieville project. For a number of years, I lived nearby, an area that was "in transition," as the real-estate agents say.
It featured a mix of gentrifying young couples, a resident ethnic mélange of Asians, Blacks, Sikhs and Turks, as well as combustible porch-sitting hillbillies, the residue of the white working class that occupied the area for decades.
Ten years ago, Gerrard Square was anchored by Simpsons and Zellers and there were a few chains, but there were also independent stores, and an ever-changing market filled with carts selling off-brand vegetable dicers, perfumes that were a syllable away from greatness (Entity, Obsessed), jeans by, yes, Galvin Klein, discount ceramics, and stuffed animals trapped in balloons.
A man occasionally sold meat out of a gym bag near the mall entrance. On the weirdness scale, only the Dufferin Mall could touch it. But it was a fair reflection of the neighbourhood. As the area gentrified and the disused factories converted to lofts, Gerrard Square began to reflect that change.
A Home Depot arrived, along with Staples and Winners, and the mall underwent an expensive renovation. The guy with the gym bag moved on. But it is a fragile alliance between mall and neighbourhood. Stores continue to come and go.
The siren bargains of Wal-Mart will lure some shoppers south certainly, and Gerrard Square could retreat to its eclectic Third Worldism, a casualty. TRAGIC FLAW Every retail concept is born with a tragic flaw that eventually kills it. Somewhere, an idea is already hatching to kill the unbuilt SmartCentres, kill its ersatz streetscape and two-for-one sales, its cute tops and discount jeans.
What then? In The Harvard Design School Guide to Shopping, a collection of essays edited by the Dutch architect Rem Koolhaus, the mall is a preoccupation.
Rather than shopping (as an activity) taking place in the city (as a place)," writes John McMorrough, "the city (as an idea) takes place within shopping (as a place)." Continued on Page 2. The photo is dead.
Important keywords of article: the, of the, the city, the mall, and the, in the, on the, the development, the white, the land
Turkish military says 150 PKK separatists killed in N. Iraq
The statement added several high-ranking outlawed PKK separatists may have been among the dead. Turkey's General Staff said on Saturday at least 150 PKK separatists were killed during the May 1-2 air strikes against PKK bases in northern Iraq. According to initial estimates, this operation allowed us to neutralise more than 150 terrorists," declared a statement published on the Turkish army website. The operation caused a big panic among terror organization's members," the statement read.
The military said in an earlier statement, it successfully hit 43 outlawed PKK targets in a three-hour air operation on Mount Qandil in northern Iraq which ended early Friday. The military released on Friday the video footage of the air operation. The link for the video can be found here. Please note the website is in Turkish) Turkish warplanes have targeted terrorist positions in northern Iraq since mid-December.
In February, the army conducted a week-long ground offensive against PKK hideouts in the region, where more than 2,000 militants take refuge. The Turkish government has a one-year parliamentary authorization, which expires in October, for cross-border raids against the PKK.
The United States has backed Turkish military action against the outlawed PKK separatists by providing real-time intelligence on PKK movements in Iraq. The PKK is listed as a terrorist group by Turkey and much of the international community, including the EU and the U.S.. OPINION Mehmet Yilmaz: It is called 'police terrorism' OTHER NEWS Iraqi president's wife survives bomb attack President Gul: Turkey only targets terrorists in N.
Important keywords of article: the, the pkk, the video, the military, the turkish, of the, friday the, against the, the statement, the outlawed
