I’m on a boat.

We are most definitely no stranger to the eurozone crisis in descent. Reports noted that just last Thursday, French president Nicolas Sarkozy was amidst a meeting with CCP Leader Hu Jintao. A day later, Klaus Regling, chief executive of the European Financial Stability Facility (EFSF) was spotted in Beijing. Regling speaks about the visit here:


The European Union, not normally one to plead for help, reaches its wit’s end. Regling’s request for China’s financial assistance to prevent the eurozone collapse turns the tides in the latter’s favour. Despite having conflicting reports on whether China would contribute to EFSF, I believe China would provides its assistance, at least to protect its own interests. If the eurozone collapses, China would lose one of its main product export channels, the basis for strengthening Chinese economy. Of course, China would not want to appear as if its nation is the source of “free money”, so it would make concessions in Europe that may have political or economical effects in the future.

Altogether, China’s help can lighten the EU’s debt burden, but would it actually make a big difference? With the debt gone, there’s also the problem of restrengthening the euro.

Article: Here

#occupyvancouver

Like Sarah who sympathized with Occupy Wall Street, I am equally frustrated that corporate greed is almost in as much control as political diplomats are. However, I must agree that no substantial changes may come out of the movement. As Sarah stated, the Occupy movements have went global, but unlike its inspiration who actually has something to protest about, the other occupy movements appear superficial.

Occupy Vancouver began its peaceful approach last Saturday to challenge income inequality between the “1%” and “99%”. However, the protest itself unlike its predecessor appears to have no real direction. “As a group we still don’t know what we want, but I see it as an exercise in democracy.” – Occupy Vancouver Protestor

Occupy Vancouver wants “genuine equality” amongst the classes; this left wing reflection appears rather hypocritical if the protestors want to “exercise in democracy.” Why should a successful entrepreneur who went through the rigorous routines of higher education and hard work, be paid the same hourly wage as your dishwasher? Rather than compare the earnings between the 1% and 99%, we should acknowledge that the “1%” are already being taxed to support EI and welfare. Laws/tax regulations are already in place to attempt to achieve equilibrium.

On Monday, it’s interesting to note that Occupy Vancouver had items including “Apple laptops with Final Cut Pro” on their wishlist, though currently said items have now been removed, protestors must have realized their hypocrisy. Occupy Vancouver requires a better platform if they truly want to break the apathy of Vancouverites.

Article: Here

Oh wow! iPhone 5—just kidding.

After the blockbuster release of the iPhone 4 last year, Apple fans held high hopes for the long-awaited iPhone 5 this fall… only to witness the unveiling of no iPhone 5 but a 4…  with an S!

Oh joy?

The newly released iPhone 4S fails to impress critics and disappoints consumers. Simultaneously, company shares falls down 4 percent and counting. An updated camera, integrated voice control system, quicker speed, and longer battery life, are features far from overwriting its successful predecessor. However, this is great news for fellow competitors such as Samsung and Nokia. Both corporations have long been innovating their own mobile products to top the Apple smartphone. The iPhone 4S upgrade will not be enough to delay said competitors.

Larger companies today build their success around the right business technology management and innovation to survive in this accelerated world. So we wonder, is the 4S paving a way to the next big thing, or has Apple already reached its innovating peak? Did the newly-appointed Apple CEO Tim Cook realize, that the iPhone 4S is not enough to satisfy the innovation-hungry consumers? Apple certainly committed an error by not introducing a repackaged iPhone 5 with more functions and updated appearances. Consumers may feel Apple is taking another shot at their pockets with this lackluster upgrade.

Article: Here

RE: “Zellers’ Fresh Scheme”

To compete with rivalling company giants Wal-mart Stores Inc. and Loblaw Companies Limited, who’ve already implemented groceries onto their shelves, Zellers follows in these footsteps to maintain equal footing in the markets.

As mentioned in Aman’s post: “ZELLERS’ FRESH SCHEME”, he covers that though food may be attractive enough to increase customer volume, there will be the continuous existence of risks, solid competitions, and long term investments in preservation of this regime. Agreeing and adding on to that, though Wal-Mart Supercentres and Zellers’ grocery line have faced success so far, the two companies’ trial runs were in the likes of Saskatchewan and Winnipeg respectively. They have yet to reach more urban markets (i.e. Toronto, Vancouver etc.) where there will be certainly a wider variety and selection of competitors than each other.

Resembling Canadian Tire’s own project of adding home appliances to its shelves, one wouldn’t think “Canadian Tire” to get a blender. Similarly, when one thinks groceries, they would more likely imagine Superstore rather than Zellers. Zellers must strengthen its marketing strategies and brand positioning, or repositioning, to accommodate this new direction. If done well however, Zellers can be paving its way to another milestone in its history.