Americans Waste 78 Billion Dollars A Year Stuck In Traffic
Says a stat from this post (Sep 2007)
Wednesday, January 9, 2008
Thursday, December 13, 2007
Wednesday, December 12, 2007
Babies Toys & Education - Multi-billion Dollar Niche
The niche market of newborns to three-year-olds is booming, with toys and educational materials developed for this sector now a $20 billion global industry.
We now spend an average of $1000 a year on toys and nursery products for the up-to-three-year-olds, according to market research company GFK Oztoys. The Australian market topped $1 billion this year - a 10 per cent growth in the past 10 months alone...
Interesting post, more from here
We now spend an average of $1000 a year on toys and nursery products for the up-to-three-year-olds, according to market research company GFK Oztoys. The Australian market topped $1 billion this year - a 10 per cent growth in the past 10 months alone...
Interesting post, more from here
Zimbabwe's Inflation Results in Trillion Dollar House, Billion $ Bed
Zimbabwe's trillion dollar house, billion dollar bed
11 Dec 2007
A trillion dollar house, billion dollar bed and a million dollar beer. That and a severe cash squeeze are the latest sign of runaway inflation that has vexed consumers in President Robert Mugabe's Zimbabwe. A four-bedroom house with a pool and tennis court in Harare's leafy Glen Lorne suburb sells for about ZW$1 trillion, a whopping $33 million at the official bank rate but only $667,000 on a widely used black market.
Prices of household furniture, groceries and food and rentals have more than doubled in the past month...
Interesting article @ Reuters
11 Dec 2007
A trillion dollar house, billion dollar bed and a million dollar beer. That and a severe cash squeeze are the latest sign of runaway inflation that has vexed consumers in President Robert Mugabe's Zimbabwe. A four-bedroom house with a pool and tennis court in Harare's leafy Glen Lorne suburb sells for about ZW$1 trillion, a whopping $33 million at the official bank rate but only $667,000 on a widely used black market.
Prices of household furniture, groceries and food and rentals have more than doubled in the past month...
Interesting article @ Reuters
Friday, November 9, 2007
New York Art World Makes a Billion-Dollar Bet
The Art World Makes a Billion-Dollar Bet
Consumer confidence is at a two-year low, oil prices at an all-time high, a million or more sub-prime mortgagees are facing eviction from their homes...But in the art world, the party's just getting started -- and this could be the year the market breaks the $1 billion mark.
The fall art season is in full swing, with the major sales of contemporary art at the principal New York auction houses, Sotheby's and Christie's, scheduled for November 2007. Contemporary art has been leading the market for five years now...
At the 2006 New York sales, contemporary art raked in over $871 million altogether - an abstraction by painter Mark Rothko brought $72.84 million, and Andy Warhol's "Green Car Crash (Green Burning Car I)" (1963), sold for $71.72 million...
Full report here @ NJ
Consumer confidence is at a two-year low, oil prices at an all-time high, a million or more sub-prime mortgagees are facing eviction from their homes...But in the art world, the party's just getting started -- and this could be the year the market breaks the $1 billion mark.
The fall art season is in full swing, with the major sales of contemporary art at the principal New York auction houses, Sotheby's and Christie's, scheduled for November 2007. Contemporary art has been leading the market for five years now...
At the 2006 New York sales, contemporary art raked in over $871 million altogether - an abstraction by painter Mark Rothko brought $72.84 million, and Andy Warhol's "Green Car Crash (Green Burning Car I)" (1963), sold for $71.72 million...
Full report here @ NJ
New York $2.5 Billion Plan to Revitalize Coney Island
New York $2.5 Billion Plan to Revitalize Coney Island
New York City Mayor Michael Bloomberg on Thursday unveiled a 2.5-billion-dollar plan to revitalize Coney Island and turn it into the largest urban amusement park in the United States.
The plan calls for rezoning the northern end of Coney Island for hotels, residential and retail space, and transforming the streetscape on the west.
Full report from here
New York City Mayor Michael Bloomberg on Thursday unveiled a 2.5-billion-dollar plan to revitalize Coney Island and turn it into the largest urban amusement park in the United States.
The plan calls for rezoning the northern end of Coney Island for hotels, residential and retail space, and transforming the streetscape on the west.
Full report from here
Sunday, September 2, 2007
Voyager: 8 Billion Miles and Counting
Voyager: 8 Billion Miles and Counting
This has nothing to do with billions of dollars, but with something that makes even trillions of dollars utterly trivial.
Thirty years ago, the Voyager space probes set off to visit distant planets. As they finally leave the Solar System, Steve Connor @ The Independent, UK looks back at what we've learned. I liked the opening sentences: "Of all the spectacular images sent back to Earth from the two Voyager spacecraft – which celebrate their 30th anniversaries this month – perhaps the most poignant was taken on 14 February 1990, when Voyager 1 turned its camera around to where it had come from and captured a picture of our home planet from a distance of more than four billion miles. The image became known as The Pale Blue Dot – the Earth floating as a single point in the enormity of space."
Well, that's what we are in the big picture - a small, floating inconsequential dot that would have already disappeared from the Voyager's radar by now.
The article on the current status of the Voyager (it is still traveling, now out of the solar system) is quite interesting...full article here
Just one last bit of factoid from the report: "It will take 40,000 years before the two space probes skim past the nearest interplanetary system..." Utterly overwhelming and mind boggling
This has nothing to do with billions of dollars, but with something that makes even trillions of dollars utterly trivial.
Thirty years ago, the Voyager space probes set off to visit distant planets. As they finally leave the Solar System, Steve Connor @ The Independent, UK looks back at what we've learned. I liked the opening sentences: "Of all the spectacular images sent back to Earth from the two Voyager spacecraft – which celebrate their 30th anniversaries this month – perhaps the most poignant was taken on 14 February 1990, when Voyager 1 turned its camera around to where it had come from and captured a picture of our home planet from a distance of more than four billion miles. The image became known as The Pale Blue Dot – the Earth floating as a single point in the enormity of space."
Well, that's what we are in the big picture - a small, floating inconsequential dot that would have already disappeared from the Voyager's radar by now.
The article on the current status of the Voyager (it is still traveling, now out of the solar system) is quite interesting...full article here
Just one last bit of factoid from the report: "It will take 40,000 years before the two space probes skim past the nearest interplanetary system..." Utterly overwhelming and mind boggling
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