London Mercury
LondonMercury.com Sunday 21st March 2010 Issue 8/111
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BA says its planes are still flying even with strikeBA says its planes are still flying even with strike
British Airways cabin crews are now in strike mode, over job cuts and changes to work...


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Little inflation reported in USLittle inflation reported in US
Economic reports in the US have shown the economy is likely to grow slowly for the next few...
Greek PM asks for fairer debt interestGreek PM asks for fairer debt interest
The Greek prime minister, George Papandreou, has warned his country may not be able to pay the interest on its debt without more commitments from the...
Rumours abound in China about GoogleRumours abound in China about Google
Google may yet leave China according to media reports within the...
Denmark’s aid programs leave out Latin AmericaDenmark’s aid programs leave out Latin America
Denmark’s Minister of Development, Soren Pind, has told Latin American countries they will be eliminated from the Danish International Development Agency economic aid...
Cruise ships turn toward Buenos AiresCruise ships turn toward Buenos Aires
The Buenos Aires Tourism Board is celebrating the 2009/10 cruise season, in which 11% more visitors came to the city by...
Air traffic control protocols to improve congestionAir traffic control protocols to improve congestion
A new air traffic system has been created by NASA and partners for air traffic...
Dubai offers kids deal on EmiratesDubai offers kids deal on Emirates
Family visitors to Dubai will now be able to take two children under 16 on Emirates Airlines for...
Update: Brazil Min: Us Demands Threaten Idb Capitalization
CANCUN, Mexico -(Dow Jones)- The U.S. government on Saturday surprised members of the Inter-American Development Bank by laying down new conditions before putting extra money into the multilateral...
Imf Paints Grim Picture Of Fiscal Tightening Needs
John Lipsky, first deputy manager of the International Monetary Fund (IMF), speaks at the Stanford Institute for Economic Policy Research at Stanford University in Palo Alto, California March 12,...
Iadb Eyes $80 Billion Capital Increase To Fill Coffers
(Reuters) - Member countries of the Inter-American Development Bank could hand the regional lender a capital increase of $80 billion to replenish its coffers, Colombia's finance minister said on...
Teen Arrested For Wal-mart Racial Announcement
W ASHINGTON TOWNSHIP, N.J. - A 16-year-old boy patronizing a Wal-Mart store in southern New Jersey took over the public-address system and ordered black people to leave, angering customers and...
Want To Save $50,000? Try A Three-year College Degree.
Carmen Lookshire is halfway through her first year of college, but she already has her studies mapped out – and is looking at graduation in just two more...
All The Latest Advice For Ba Passengers
As British Airways cabin crew stage their three days of strike action, the airline claims to have been able to reinstate a number of cancelled flights. BA had originally cancelled more than 1,000...
Tories: We'll Claw Back Billions From Banks
David Cameron has committed the Tories to a new tax on banks as both main parties battle to convince voters they would claw back billions from taxpayer-funded bailouts. The Opposition leader...
Idb Split On Capital Plans As U.s. Pushes Reform, Bernardo Says
March 20 (Bloomberg) -- Governors of the Inter-American Development Bank are split on recapitalizing the region’s biggest infrastructure lender, as U.S. officials condition support for any...
The Way We Live Now: Who Needs Wall Street?
of six Wall Street banks. In the wake of the street’s disaster, he found refuge at a boutique brokerage and has lately taken to startling his peers with the question “What part...
Those Wall Street Gamblers Might Not Be Bad After All
Enron , who bet against Lehman and warned it was insolvent.” It’s not just academics who are coming to the defense of speculators. Earlier this month, BaFin, the regulatory agency that...
Brazil Minister: Us Demands Threaten Idb Capitalization
CANCUN, Mexico -(Dow Jones)- The U.S. government on Saturday surprised members of the Inter-American Development Bank by laying down new conditions before putting extra money into the multilateral...
Electric Car Infrastructure Coming To Australia - Better Place
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Liberty Global Ceo Says It Has Capital To Make Bid For Foxtel
SYDNEY -(Dow Jones)- Liberty Global Inc. Chief Executive Mike Fries said Sunday that the international cable company expects to be a long-term shareholder of Austar United Communications Ltd....
China Could Report Trade Deficit In March
(Reuters) - China's trade balance could turn to a deficit in March, commerce minister Chen Deming said on Sunday, adding that adjustments to the yuan's value would not by itself resolve global trade...
Wheaties Adds Fuel To The Fire Of Cereal Competition
The assignment from General Mills was both simple and daunting: Create a new look for a new type of Wheaties breakfast cereal. The result, conceived by the Minneapolis agency Boom Island, could...
Prepare For A Fee Change As Banks Feel Overdraft Rule Changes
Anyone with a bank account has some thinking to do. Starting this summer, banks will have to ask consumers if they want pricey overdraft coverage in case they fall short at the cash register or the...
H.b. Fuller's Margins And Stock Rebound
H.B. Fuller Co. has spent the past year climbing back from a fall it and other companies tied to industrial and construction markets suffered when the economy went into a tailspin late in 2008. The...
Before Investing The Inheritance, Think About Time
www.dshort.com . Yet from 1968 to 1982 stocks fell by 63 percent. Similarly, from its high in 2000 to its low in 2009 the S&P plunged by 59 percent. It has since rebounded 41 percent. Why would...
How I Got That Job: Bill Neuenschwander
Education / background: I've always done technology marketing. I've got 30 years of marketing different technology products. I went to school for computer science in 1982 at the University of...
4th Update:house To Hold Standalone Vote On Health-care Bill
(Updates with further detail.) By Corey Boles Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- U.S. House Democrats have decided to hold a standalone vote on the Senate-passed health-care...
Anger At Lloyds Over Daniels's Profits Confusion
City fund managers have rounded on Lloyds Banking's chief executive, Eric Daniels, for delivering a confused picture of the bank's finances. Mr Daniels surprised investors at the weekend by telling...
Tesco To Beat Tax Hike With Early Bonuses
Tesco has become the latest large UK company to bring forward the payment of its bonus, in reply to the Government’s introduction of a new 50 per cent tax rate. The early pay-out will...
Budget 2010: With Little To Spend, Darling Must Think Outside The Box
Alistair Darling on budget day 2008. Photograph: Martin Argles With only weeks to go before the nation goes to the polls, the time-honoured task of a chancellor in his...
I Was Born In The Boom Years. Is That Why I Haven't Grown Up? | Anushka Asthana
Clubbing in Manchester. Why not do it when you're 30? Photograph: Don Mcphee/Guardian I was born on the cusp of the 1980s – part of a generation that was educated under Margaret Thatcher, threw...
Is It True British Gas Stamped Out This Payment Method?
I have been helping my mother sort out her finances. I found £60 of British Gas stamps. BG says these are no longer usable, and all customers had received a leaflet about it. If my mum was of sound...
Labour Desperate To End Ba Strike With Election Looming
Demonstrators wave flags at a strike by British Airways employees. Photograph: Luke MacGregor/Reuters Desperate attempts to end the BA cabin crew strike were being mounted by government ministers...
Once Again, Gordon Brown Has Shown He Is In Thrall To The City | Editorial
Gordon Brown is confused about financial services. Sometimes he sees them as a legitimate target of popular anger, deserving punitive regulation. But sometimes he sees them as precious economic...
Is It Ever Right To Cross A Picket Line? | The Observer Panel
trade unions is to protect employees against exploitation. Yet, drawing, perhaps a little unfairly, on the reality of one or two communist regimes, the interests of the workers and those leading them...
Circle Hospital Bath/ Norman Foster
The Circle hospital in Bath designed by Foster & Partners. Photograph: Nigel Young/Foster and Partners "We wanted to put hospitality into hospitals" says Ali Parsa, the eloquent, confident managing...
'most British Airways Crew Are Striking On Behalf Of The Passengers'
The cancellation of BA flights due to strike action has already cost the airline some £27m. It was supposed to be a trip of a lifetime for the teenage musicians. After 18 months of fundraising,...
Where's The Sophistication In The Ba Dispute? | Editorial
trade unions play in British politics.Neither is in the public interest, both could have been avoided. Combined, they will inflict long-lasting damage on labour relations.The cabin crews' grievance...
Dagenham's Heyday: 'it Was All Just One Big Happy Family Then'
Ford bought 55 acres of land from Samuel Williams and Sons. Then there were the docks, providing a home to the myriad companies that plied their trade before becoming part of a forgotten industrial...
Unions Could Be Such A Force For Good | Nick Cohen
BA cabin crew are not benefiting from having Whelan, the supposed master of spin, as a comrade. The media always turn on strikers, because managers briskly deunionised most of the industry in the...
Go On. Buy Yourself An It Bag. Gordon Would Want You To | Catherine Bennett
It must be two years now since shopping authorities announced the death of the It bag. In the chastened era of austerity chic, or new frugality, or shopping your closet (they never did alight on a...
Mandelson's Manufacturing Conversion Has Come Too Late
Lord Mandelson's now well-honed rhetoric about the government stepping in where the private sector fails, to create "new industries, new jobs" is welcome, and his fine words will be filled out in the...
Farewell, Unique Users – Killed By The Paywall
Rupert Murdoch 's grand vizier at Wapping. "The industry is making the mistake of chasing millions of users by giving the audience more and more content for free – an obsession with traffic that...
Stop Bank Bosses Gambling With Our Money
starring Jimmy Stewart, is an uplifting tale about the difference a good, honest bank manager has made to the lives and fortunes of his hard-working clients – revealed with help from a friendly...
Pre-election Budgets: A History Of Hair Shirts And Handouts
Hugh Gaitskell shortly before giving his controversial budget in 1951, in which he introduced NHS prescription charges for the first time. Photograph: Warburton/Getty Images Britain's recent...
Being In The Eurozone Isn't Funny. But Chaplin Could Have Told Us That | William Keegan
The question is: has Alistair Darling consulted any comedians in the run-up to the budget? It was none other than Charlie Chaplin who told Winston Churchill: "You made a great mistake when you went...
Fordlandia By Greg Grandin | Book Review
history … Fordlandia was just such a city as you are proposing … I suggest you read about this dismal failure before trying this sort of thing again."Well, if Romer is interested in reading up on...
Abbey Shut Mortgage Door On Me After Missed Payment
I have had a mortgage with Abbey for almost a decade. During the past five years I have been divorced, suffered health issues and been made redundant. I went straight from that job to a part-time...
Obama Rallies Democrats Who Predict Health Passage
March 20 (Bloomberg) -- President Barack Obama rallied House Democrats to back health-care legislation that he called “the toughest insurance reforms in history” as party leaders said...