Monday, April 26, 2010

Plane cancellations... what would the analysts... hmm... i am not shocked... it is the way of the world..


The cancellations of 92000 flights would be a setback for the international business community apart from the obvious airline losing $200 million a day kind of figures,

the point where we should be more delving upon is how big and non-irrelevant is air travel in a continent which is supposed to be the most wellconnected one...the losses can be calculated in terms of whatever parameter you want but still people wont sit back and think the kind of turn nature is taking...is it resenting something or is it just a way of telling us ....

''Towards what kind of growth are you headed to, and you earthlinks are talking about sustainability at these levels of performance ..."

In terms of losses the most hit is Muabe, a father of three children in Kenya, whose flower picking activity would have earned his family a loaf of bread ... he doesn't know why is he not being allowed to work and why is his buyers not buying flowers from him anymore...
Why was his freshly picked flowers rejected and were not bought suddenly... he ddn't return home that day .. spending the whole night gazing at the slowly wilting flowers..


Kenya is losing $ 2 billion dollars / day.. business ... it is calculated that thousands of such Muabe's provide Europe its element of romanticism,(its one-third largest chunk of flower imports), an element which a lot of travelles stranded across Europe come to see ....

Europe a place of romanticism ... a place of love .. a place for sentiments...a freelancer courier delivery boy, Swank, is finding it very tough to find it ... his old mom and his two brethren are in home waiting for him to bring oil and food, Climate can be very fluctuatingly chilling in Iceland just like its foreign reserves and banking system. A country which is taking in the wrath of the volanic eruption and is in shambles now was once a country with gross domestic product of US$12.144 bn in total and $38,400 per capita, today Swank does not know where to look to. He belongs from a country which was ranked the highest in Human Development Index, a couple of years ago... hunderds of cargo flights have been cancelled ... he doesn't know when his next delivery call will come from his boss...

Economists say Europe will lose 1-2 % points off the regional block growth. For a continent who is recovering from the pit, at 1-1.5% growth figures ....


This seems dismal.... Dismal because we will never know when they(the real people affected behind the scenes) recovered .... as for the stranded passengers in Europe or Asia ... it would be over in another 48 hours to the maximum..

Saturday, April 17, 2010

My financial training....

since i am a through-bred finance guy....

who breathes stocks equities strategy planning .......
i will also run the blog for financial Articles on finance education of whatever i understand of the world of finance.... and the factors of business as of how they come in play... of global trade and business strategy...

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