Tag Archive: media


Will the 200% increase in some food prices return?


Image Source: http://learningenglish.voanews.com/

Between 2005 and 2008, average world prices for rice rose by 217%

Experts Ashok Gulati, agricultural economist, chairman of the committee of agricultural costs and prices; Keshav Rao, senior leader, Congress; Nalin Kohli, national executive member, BJP; Hari Damodaran, opinion editor, Business Line, and Devender Sharma, agriculture expert, discuss why food prices are going up despite high food grain production.

Watch full show ->>>

The World Bank President Robert Zoellick speaks about global food prices (Source: Bloomberg)

NIA projects that at the average U.S. grocery store it will soon cost;

  • $11.43 for one ear of corn
  • $23.05 for a 24 oz loaf of wheat bread
  • $62.21 for a 32 oz package of Domino Granulated Sugar
  • $24.31 for a 32 fl oz container of soy milk
  • $77.71 for a 11.30 oz container of Folgers Classic Roast Coffee
  • $45.71 for a 64 fl oz container of Minute Maid Orange Juice
  • $15.50 for a Hershey’s Milk Chocolate 1.55 oz candy bar.
  • NIA also projects that by the end of this decade; $55.57 plain white men’s cotton t-shirt at Wal-Mart will cost.

  • Graphic Image Source: http://yourdaddy.net

    Update June 28, 2012 Marketwatch.com: The dramatic credit-derivative loss, initially estimated by J.P. Morgan Chase at $2 billion, may balloon to as much as $9 billion, report says.

    Boaz Weinstein on Bloomberg of Saba Capital Management

    Takes Down the London Whale of JP Morgan

    What are Hedge Funds and How Do They Work?

    Age: 38

    Executive Post: Founder of Saba Capital Management

    Why he’s young and fierce: He ranked 17th on this year’s Fortune “40 under 40″ list, and was also named a rising hedge fund star of 2010 by Institutional Investor Magazine. According to the magazine, Weinstein was the youngest global co-head in Deutsche Bank history at just 27-years-old.

    In 2008, the “star derivatives trader”–as deemed by the New York Times–left the German bank to run his own hedge fund, Saba Capital Management.

    Since then, loyal investors have put more than $1.5 billion into Saba, which has yet to have a down month, reports Fortune. And so far this year, Weinstein is beating the credit fund average with returns near 9 percent.

    Image Source: Saba Capital

    Meet the Man Who Took Down JPMorgan

    “BOAZ WEINSTEIN IS AN AGGRESSIVE TRADER WHO ONCE LOST $2B, TOO”
    “(NEWSER) – Credit (or blame) Boaz Weinstein—a 38-year-old hedge fund trader known as a “monster” for his aggressive, risky style—for the $2 billion takedown of JPMorgan, reports the New York Times. Weinstein, a chess master and big-time Las Vegas gambler, isn’t talking, but numerous other traders say he is the one who noticed something amiss in the credit derivatives market last November, spotting a particular index trading out of line in a market it was supposed to track. Weinstein and his team at Saba Capital Management did not know JPMorgan and the trader Bruno Iksil were on the other side; all Weinstein knew was that the other side kept selling, so he kept buying.”

    “It was one whale versus another whale,” says a hedge fund manager. Iksil kept upping the sells, trying to scare off the other side, but Weinstein did not stop; soon the volume of trades was off the charts and all of London was buzzing. In February, Weinstein even named the JPMorgan fund as one to buy, further ramping up the pressure. Ironically, though, many think Weinstein learned from painful experience—he lost $1.8 billion for Deutsche Bank in 2008 at the height of the financial crisis. “If you hand me a list of the top-performing guys in the space, I’d expect to see his name on it,” says one bank exec. “If you hand me another list of hedge funds that might blow up, I’d expect his name to be on that, too.”
    Quote Source: newser.com

    Robots could replace humans by 2050!

    David Levy explores humankind’s fascination with technology and the often-seen fantasies that revolve around relationships between human and machine. Love & Sex with Robots takes a deep dive into a not-too-distant future where physical intimacy with machines is socially accepted and can eventually develop into full-blown relationships. Levy goes as far as saying that acceptance of virtual pets and robotic pets today show that it can be possible for humans to develop strong emotions for machines.

    Con’t: “Robots, Men and Sex Tourism”
    Authors: Ian Yeoman & Michelle Mars

    View full article »

    Social Media Revolution: Is social media a fad?

    Or is it the biggest shift since the Industrial Revolution? This video details out social media facts and figures that are hard to ignore. This video is produced by the author of Socialnomics.

    Socialnomics Book Review With Stephanie Wonderlin

    Socialnomics is an essential book for anyone who wants to understand the implications of social media, and how businesses can tap the power of social media to increase their sales, cut their marketing costs, and reach consumers directly.

    11 Predictions That Will Affect Marketers

    1. Privacy expectations will (have to) change

    There will be a cultural shift, whereby people will begin to find it increasingly more acceptable to expose more and more of their personal details on different forms of social media. Sharing your likes, dislikes, opinions, photos, videos and other forms of personal information will be the norm and people will become more accepting of personalized experiences, both corporate and personal, that are reacting to this dearth of personal information.

    2. Complete decentralization of social networks

    The concept of a friend network will be a portable experience. You’ll find most digital experiences will be able to leverage the power of your social networks in a way that leverages your readily available personal information and the relationships you’ve established. We’re already seeing the beginnings of this with Facebook Connect and Google’s FriendConnect.

    Social Media Revolution 1

    3. Our interaction with search engines will be different

    Real-time information in Google search, e.g. from Twitter, blog results and user reviews, will be more prominent. Google’s Social Search will change the way we interact with search engines by pushing relevant content from our personal networks to the front of search results, making them more personalized. The importance of digital-influencer marketing will increase significantly.

    4. Rise of the content aggregators

    The amount of content online is growing at an exponential rate, and most online users have at least three online profiles from social networks to micro-blogging to social news sites. Our ability to manage this influx is challenging, and content aggregators will be the new demi-gods, bringing method to madness (and make a killing). Filtering and managing content will be big business for those who can get it right and provide easy-to-use services.

    5. Social media augmented reality

    Openly accessible information from the social-media space will be used to enhance everyday experiences. For example: the contacts book in your phone links to Facebook and Twitter to show real-time updates on what the contact is doing before you put in the call, real-time reviews from friends and associates will appear in GPS-based mapping services as a standard feature, and socially enabled CRM will change the way companies manage business relationships forever.

    Social Media Revolution 2

    6. Influencer marketing will be redefined
    As social media continues to permeate more and more aspects of not only the way we interact with digital media but also other channels such as digital outdoor, commerce or online TV, we will see the significance of influencer marketing grow dramatically. As a basic example, the inclusion of Twitter in Google search results or Google’s soon-to-be-released Social Search will permeate search results with content that will not be managed by Google’s infamous PageRank but by social influence and relevance to your social network. Discovering people that can help you to reach your desired consumer will become exponentially more effective and important.

    7. Ratings everywhere

    In today’s world, having a commerce site that doesn’t have user ratings could actually prove to be a detriment to sales. In the near future, brands and businesses will more frequently place user ratings and accept open feedback on their actual websites. User ratings will become so common that marketers should expect to find them woven into most digital experiences.

    8. Social media agents

    Managing the customer experience offline and online is already a key concern for marketers and customer-experience advocates. As businesses continue to support customers by monitoring and engaging in the social media space, tools to optimize this experience will become more important. Expect to see a certain percentage of responses handled by natural language engines that can respond to basic commentary such as “my service is down” or “I never received my package.”

    9. Riding the (Google) wave

    It’s still early days as Google Wave is still primarily limited to developers but it has the potential to revolutionize collaboration and engagement. Wave offers marketers a unique way, at minimal cost, to allow consumers to engage with each other in way that is miles beyond anything we’re currently using. Savvy marketers will develop extensions for Wave that evolve its unique communication toolset into a rich brand experience that is immersive but allows for new levels of interaction from crowdsourced storytelling to crowdsourced product design.

    10. Thinking beyond “nowness”

    In 2009 we became very focused on the real-time nature of social media. The implications behind consumer feedback and interaction around brands using tools like Twitter or Facebook’s news stream caused marketers to re-evaluate the power of social media tools in parallel to “traditional” digital-media channels such as search. Looking into the future we’ll need to try and evaluate what’s next and the likely answer is based on the next evolution of the web as we know it: the semantic web. In a semantic web world, search engines, for example, will anticipate the best search results we’re looking for based on what they know about us (such as all our public social networking profiles). There will be an opportunity for marketers who push the limits of their imagination to anticipate what marketing will look like in this next stage of the web and creating new and compelling experiences that we’re only touching the surface of now.

    11. Social media everything and the return of digital media

    Social functions will become so commonplace in digital experiences that the thought of not having socially-enhanced experiences will seem illogical. Digital media by its very nature is inherently social. I hope we’re not talking about social media in 2012, and we just refer to everything as digital media again.

    (This post was originally posted on AdAge’s DigitalNext Blog.)

    MEDIA PREDICTS: 2011 — What’s Hot & What’s Not in Technology

    Top 20 Trends in 2011 Forecast – The 2011 Trend Report