Why the Greek-American Banker Jamie Dimon is richer than you
Author: 7b7bc2512ee1fedcd76bdc68926d4f7b
28/02/2013
In case you were wondering, Jamie Dimon has thoughtfully explained why he’s richer than you and all the analysts covering J.P Morgan.
It isn’t, as I thought, our inability to pick lottery numbers.
Hint: it is because he is chairman and CEO of a bank.
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Elegant Damascus, besieged by both sides
Author: 7b7bc2512ee1fedcd76bdc68926d4f7b
28/02/2013
In a city lived in for seven millennia, it may take more than two years of civil war to put a full stop to the genteel round of dinner parties and walks in the park for the affluent folk of downtown Damascus.But from out in the grim suburbs, rebels incensed at their prosperous neighbours’ passivity lob in more bombs and President Bashar al-Assad’s forces make their presence ever more heavily felt around his stronghold, disrupting comfortable old routines and setting fear gnawing at Damascenes’ cocoon of civilisation.
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Naked sunbathing outlawed on Fire Island’s longtime nude beaches
Author: 7b7bc2512ee1fedcd76bdc68926d4f7b
28/02/2013
Tanlines are here to stay on Fire Island, where New York State law prohibiting naked sunbathing will be enforced on longtime nude beaches that were stripped of their protective dunes by Superstorm Sandy.Banning nudity on the Fire Island National Seashore had been kicked around for years, but after Sandy and Hurricane Irene flattened the dunes, exposing beach views to the rest of the island, the National Park Service decided to act, chief park ranger Lena Koschmann, said on Wednesday. The ban is effective immediately, she said.
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Study says too many Americans still drink too much
Author: 7b7bc2512ee1fedcd76bdc68926d4f7b
26/02/2013
On any given day in the United States, 18 percent of men and 11 percent of women drink more alcohol than federal guidelines recommend, according to a study that also found that 8 percent of men and 3 percent of women are full-fledged “heavy drinkers.”That means the great majority of Americans stay within the advised limit of two drinks a day for men and one for women, according to the study that appeared in the Journal of the Academy of Nutrition and Dietetics.
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Author: 7b7bc2512ee1fedcd76bdc68926d4f7b
22/02/2013
Despite its status as a leading European capital, land-locked Madrid has often been overshadowed as a tourist destination by the more glamorously chic Barcelona.But its appeal to travelers is on the rise, with world class museums and dining, expansive, centrally located parks and first-rate shopping increasingly drawing visitors to its bustling thoroughfares.
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Who needs an Oscar? Hollywood rebounds
Author: 7b7bc2512ee1fedcd76bdc68926d4f7b
22/02/2013
The moguls of Hollywood might engage in more backslapping than usual at Sunday’s Oscars, and it won’t necessarily be over those golden statuettes.The tuxedoed movie studio chiefs can boast about an unusually large number of blockbuster films in 2012 that lifted ticket sales for the first time in three years and stemmed a seven-year free fall in sales of DVDs and other home entertainment products.
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Household debt falls sharply among younger Americans
Author: 7b7bc2512ee1fedcd76bdc68926d4f7b
21/02/2013
The recession had a strong impact on young Americans who saw the credit crisis up close: they are taking on less credit card debt, delaying plans to buy homes and owning fewer cars, according to a study released on Thursday.
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What’s the hurry? Financial decisions that can wait
Author: 7b7bc2512ee1fedcd76bdc68926d4f7b
21/02/2013
If you have ever been pitched an investment, you’ve probably been on the receiving end of a “limited time” offer – the kind where you have to act now or forever lose your chance of participating in a great opportunity.
In fact, there are many financial decisions best made by procrastinators. The longer the wait, the better they turn out, like some fine wines.
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Italian beach crowned best in world by tourists
Author: 7b7bc2512ee1fedcd76bdc68926d4f7b
21/02/2013
A remote beach in Sicily, Italy, was named on Thursday as the best beach in the world by a survey of travellers, while a UK beach managed to sneak into the top 10.Rabbit Beach came top in the first annual awards for the world’s best beach based on millions of reviews and ratings by international tourists on the TripAdvisor website.
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Milan fashion week opens with hopes of economic comeback
Author: 7b7bc2512ee1fedcd76bdc68926d4f7b
21/02/2013
Designers kicked off Milan fashion week on Wednesday with bold collections to persuade Italian shoppers that the worst of the economic crisis is over and it is time to hit the stores again.Fashion houses including PPR’s Gucci, Giorgio Armani and Prada are among the top names showing their womenswear 2013-14 autumn-winter collections, taking up the baton from catwalk shows in London.
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