Showing posts with label news. Show all posts
Showing posts with label news. Show all posts

Tuesday, May 29, 2007

No Love From Love Parade

Liebe Loveparader,

viel wurde in den letzten Wochen in den Medien geschrieben, diskutiert, gemunkelt und gemutmaßt – das meiste hat uns gefreut, manches geärgert und einiges auch überrascht. Doch eines hat uns der ganze Medien-Rummel gezeigt: die LOVEPARADE ist und bleibt ein heißes Thema und ist lebendiger denn je! Für eure rege und oft auch emotionale Anteilnahme an den Diskussionen sagen wir an dieser Stelle DANKE.Da wir jetzt mit den Umbauarbeiten an unserer Webseite beginnen, werden wir vorerst manche Funktionen abschalten müssen. Wir bitten um euer Verständnis.Europaweit haben sich in den letzen Monaten viele Städte und Regionen interessiert gezeigt oder sogar direkt bei uns beworben. Wir haben viel Zeit investiert und unzählige Gespräche geführt, um die potentiellen Veranstaltungsorte anzuschauen und zu bewerten. Wir bedanken uns an dieser Stelle auch für die Offenheit, Freundlichkeit und Unterstützung der Menschen vor Ort, die die Loveparade und ihr Team empfangen haben und sich für die Idee begeistern konnten.Um den wilden Spekulationen ein Ende zu setzen, können wir euch jetzt mitteilen, dass wir nah dran sind, die Loveparade auch dieses Jahr zu veranstalten. Wir befinden uns in der Endphase der Verhandlungen mit der Metropole Ruhr und sind äußerst zuversichtlich, sie erfolgreich zum Abschluss zu bringen. Für 2007 ist Essen als Veranstaltungsort anvisiert. Der Termin, auf den wir hinarbeiten ist der 25. August. In den folgenden Jahren werden andere Städte in der Metropole Ruhr unser Gastgeber sein. Wir hoffen, bei unserer Pressekonferenz im Juni ein tolles Ergebnis präsentieren zu können. Bis dahin noch ein wenig Geduld – the love is still alive!

Euer Loveparade-Team

Thanks for moving it to Essen...and August. Jerks.

Thursday, April 19, 2007

Klingt Gut

200 Clubs, 500 Plattenfirmen: Nichts wächst in der Hauptstadt so rasant wie die Musikbranche:

Als vor fünf Jahren gleich zwei Schwergewichte der Musikindustrie an die Spree übersiedelten, schien die Stadt es endgültig geschafft zu haben. Berlin war nicht mehr nur die Hauptstadt von Politik und Currywurst, sondern auch zur „Pophauptstadt" geworden. Von den fünf größten Musikkonzernen siedelten sich zwei an der Spree an. Universal bezog sein aufgemöbeltes Backsteinquartier an der Oberbaumbrücke, Sony Music richtete seine Büros in den Glastürmen am Potsdamer Platz ein, und von Hamburg bis Köln wurde befürchtet, dass die heterogene Musiklandschaft Deutschlands von der Sogwirkung Berlins bedroht würde. 2004 kamen MTV aus München und die Popkomm aus Köln – und Sony wanderte nach der Fusion mit dem Bertelsmann-Riesen BMG teils wieder an die Isar ab.

Was macht Berlin als Musikstandort attraktiv? Infrastrukturelle Mängel wie die schlechte Fluganbindung jedenfalls schrecken international orientierte Musikmanager derzeit noch ab. Berlins Stärke sind die unabhängigen Kleinkünstler, die für ihre eigenwilligen Inhalte ein sehr spezielles Publikum brauchen und auch genügend Clubs vorfinden, in denen sie auftreten können. Die Stadt zerfällt so in eine Vielzahl von kleinen Szenen, Musikerzirkel und heterogene Gruppen. Man fragt sich: Pophauptstadt, wo willst du hin? Lange blickte Berlin voller Neid nach Hamburg, wo Popmusik ein intellektueller Odem umwehte, der sich mit „Hamburger Schule" auf den Begriff bringen ließ. Die Soundarbeiter aus Berlin aber lassen sich nicht unter einem Schlagwort subsumieren. Vielen gemein sind die wilden, unkonventionellen Stilbrüche der Trash-Kultur.

Was steckt hinter dem Ruf nach der Pophauptstadt? Wie berechtigt sind die Hoffnungen, in Berlin könnte die Musik der Zukunft entstehen? Die Faktenlage ist konfus. Nackte Zahlen in einem Wirtschaftssegment wie der Musikbranche zu erheben, trifft auf vielerlei Schwierigkeiten, denn ein erheblicher Anteil der Berliner Clubs, Labels und Künstler arbeitet in Strukturen, die sich der Erfassung durch Behörden entziehen. Auf etwa 200 schätzt Tanja Mühlhans von der Senatsverwaltung für Wirtschaft die Zahl der Berliner Clubs. In der Unternehmensstatistik des Landesamtes werden nur 40 geführt. Die Menge aktiver Musiker wurde in der letzten Musikstudie auf jeweils 1 000 für Rock/Pop und für Klassik/Jazz bemessen. Dazu kommen 1200 DJs und 100 klassische Ensembles. Alle Berliner Musiker zusammen würden die Philharmonie samt Kammermusiksaal füllen.

Erfreuliche Aktivposten, die die Senatsverwaltung gerne als Standortvorteil anpreist, sind die Plattenfirmen. Jack White, Kitty Yo, Labels, Jazzanova, Motor, Cityslang, V 2 und andere etablierten sich in den letzten Jahren auch auf internationalem Niveau und festigten Berlins ausgezeichneten Ruf für Indie- und Elektromusik. Die wichtigste Kreativquelle der Stadt sind aber die Kleinstunternehmer: 500 Plattenfirmen sind in Berlin registriert. Tanja Mühlhans glaubt, dass 150 bis 200 davon tatsächlich aktiv sind, pro Jahr kommen 30 Neugründungen hinzu, oft von Leuten, die ihr Geschäft als Einzelkämpfer aufziehen wie bei Louisville Records, Monika Records und Pale Music.

Anders als die mainstreamfixierten Großfirmen leidet die experimentelle Szene nicht so sehr an den Einbußen des Tonträgergeschäfts. Sie hat ihren vertrieb oft umstandslos den neuen Konsumgewohnheiten angepasst. „Die Digitalisierung erschließt kleinen Labels neue Einnahmequellen", sagt Mühlhans.

Der Wirtschaftsfaktor Berliner Musikszene lässt sich nur mit Zeitverzögerung erheben. „Viele Unternehmen geben ihre Steuererklärung ein Jahr später ab, so dass uns gerade mal die Zahlen für das Jahr 2004 vorliegen", erklärt Tanja Mühlhans. Beeindruckend sind die allemal. Seit 1998 stieg der Umsatz von Plattenfirmen, Konzertveranstaltern und verwandten Bereichen um mehr als 72 Prozent auf rund 1,1 Milliarden Euro an. 1500 Unternehmen beschäftigen heute mehr als 6200 fest angestellte Mitarbeiter. Damit ist die Musikbranche in Berlin, was Umsätze und Beschäftigte im Rahmen der Kreativwirtschaft angeht, der Sektor mit den höchsten Wachstumsraten. Großen Anteil an der Entwicklung haben Labels wie Aggro Berlin. Die 2001 von drei Produzenten gegründete Adresse für deutschsprachigen „Gangsta-Rap" zählt mittlerweile 13 Mitarbeiter und strebt im Hip-Hop-Segment weiter nach oben.

Was treibt die Musiker in diese Stadt? Tonstudios, die in der Stadt oft von Produzenten wie Patrick Majer (Wir sind Helden, Tele) oder Moses Schneider (Beatsteaks, Seeed) betrieben werden, leisten bezahlbare Arbeit und stricken mit Schützlingen wie Rosenstolz, 2raumwohnung und Mia am Berliner Ruf der Popdomäne. Hinzu kommt der Vorteil der günstigen Wohn- und Übungsräume. Ein WG-Zimmer in Friedrichshain kostet im Schnitt 265 Euro Warmmiete. „Noisy-Rooms" in der Warschauer Straße bietet einen technisch voll ausgestattenen Übungsraum ab 65 Euro pro Tag – in Hamburg beginnen vergleichbare Angebote bei 100 Euro, und das WG-Zimmer kann bis zu 150 Euro mehr kosten. Klingt erfolgversprechend, doch am Ende zählt die Musik. Dass eine Platte aus Berlin kommt, muss noch kein Qualitätsmerkmal sein.
Tobias Haberkorn, Der Tagespiegel Online

***

Thursday, April 12, 2007

Thanks for the good reading...and temporary confusions.

NEW YORK (AP) - Kurt Vonnegut, the satirical novelist who captured the absurdity of war and questioned the advances of science in darkly humorous works such as "Slaughterhouse-Five" and "Cat's Cradle," died Wednesday. He was 84.

Vonnegut, who often marveled that he had lived so long despite his lifelong smoking habit, had suffered brain injuries after a fall at his Manhattan home weeks ago, said his wife, photographer Jill Krementz.

The author of at least 19 novels, many of them best-sellers, as well as dozens of short stories, essays and plays, Vonnegut relished the role of a social critic. Indianapolis, his hometown, declared 2007 as "The Year of Vonnegut"—an announcement he said left him "thunderstruck."

He lectured regularly, exhorting audiences to think for themselves and delighting in barbed commentary against the institutions he felt were dehumanizing people. "I will say anything to be funny, often in the most horrible situations," Vonnegut, whose watery, heavy-lidded eyes and unruly hair made him seem to be in existential pain, once told a gathering of psychiatrists.

A self-described religious skeptic and freethinking humanist, Vonnegut used protagonists such as Billy Pilgrim and Eliot Rosewater as transparent vehicles for his points of view. He also filled his novels with satirical commentary and even drawings that were only loosely connected to the plot. In "Slaughterhouse-Five," he drew a headstone with the epitaph: "Everything was beautiful, and nothing hurt." But much in his life was traumatic, and left him in pain.

Despite his commercial success, Vonnegut battled depression throughout his life, and in 1984, he attempted suicide with pills and alcohol, joking later about how he botched the job. "I think he was a man who combined a wicked sense of humor and sort of steady moral compass, who was always sort of looking at the big picture of the things that were most important," said Joel Bleifuss, editor of In These Times, a liberal magazine based in Chicago that featured Vonnegut articles.

His mother killed herself just before he left for Germany during World War II, where he was quickly taken prisoner during the Battle of the Bulge. He was being held in Dresden when Allied bombs created a firestorm that killed an estimated tens of thousands of people. "The firebombing of Dresden explains absolutely nothing about why I write what I write and am what I am," Vonnegut wrote in "Fates Worse Than Death," his 1991 autobiography of sorts.

But he spent 23 years struggling to write about the ordeal, which he survived by huddling with other POW's inside an underground meat locker labeled slaughterhouse-five. The novel, in which Pvt. Pilgrim is transported from Dresden by time- traveling aliens from the planet Tralfamadore, was published at the height of the Vietnam War, and solidified his reputation as an iconoclast. "He was sort of like nobody else," said Gore Vidal, who noted that he, Vonnegut and Norman Mailer were among the last writers around who served in World War II.

"He was imaginative; our generation of writers didn't go in for imagination very much. Literary realism was the general style. Those of us who came out of the war in the 1940s made it sort of the official American prose, and it was often a bit on the dull side. Kurt was never dull."
Vonnegut was born on Nov. 11, 1922, in Indianapolis, a "fourth- generation German-American religious skeptic Freethinker," and studied chemistry at Cornell University before joining the Army. When he returned, he reported for Chicago's City News Bureau, then did public relations for General Electric, a job he loathed. He wrote his first novel, "Player Piano," in 1951, followed by "The Sirens of Titan," "Canary in a Cat House" and "Mother Night," making ends meet by selling Saabs on Cape Cod.

Critics ignored him at first, then denigrated his deliberately bizarre stories and disjointed plots as haphazardly written science fiction. But his novels became cult classics, especially "Cat's Cradle" in in which scientists create "ice-nine," a crystal that turns water solid and destroys the earth. Many of his novels were best-sellers. Some also were banned and burned for suspected obscenity. Vonnegut took on censorship as an active member of the PEN writers' aid group and the American Civil Liberties Union. The American Humanist Association, which promotes individual freedom, rational thought and scientific skepticism, made him its honorary president.

His characters tended to be miserable anti-heros with little control over their fate. Vonnegut said the villains in his books were never individuals, but culture, society and history, which he said were making a mess of the planet. "We probably could have saved ourselves, but we were too damned lazy to try very hard... and too damn cheap," he once suggested carving into a wall on the Grand Canyon, as a message for flying-saucer creatures.

He retired from novel writing in his later years, but continued to publish short articles. He had a best-seller in 2005 with "A Man Without a Country," a collection of his nonfiction work, including jabs at the Bush administration ("upper-crust C-students who know no history or geography") and the uncertain future of the planet. He called the book's success "a nice glass of champagne at the end of a life."

In recent years, Vonnegut worked as a senior editor and columnist at In These Times. Bleifuss said he had been trying to get Vonnegut to write something more for the magazine, but was unsuccessful. "He would just say he's too old and that he had nothing more to say. He realized, I think, he was at the end of his life," Bleifuss said.

Vonnegut, who had homes in Manhattan and the Hamptons in New York, adopted his sister's three young children after she died. He also had three children of his own with his first wife, Ann Cox, and later adopted a daughter, Lily, with his second wife, the noted photographer Jill Krementz. Vonnegut once said that of all the ways to die, he'd prefer to go out in an airplane crash on the peak of Mount Kilimanjaro. He often joked about the difficulties of old age.

"When Hemingway killed himself he put a period at the end of his life; old age is more like a semicolon," Vonnegut told The Associated Press in 2005. "My father, like Hemingway, was a gun nut and was very unhappy late in life. But he was proud of not committing suicide. And I'll do the same, so as not to set a bad example for my children."

***

Thursday, February 22, 2007

Love Parade in Berlin Abgesagt

Berliner Morgenpost - Heute

Die Organisatoren wollen auf die Techno-Veranstaltung im Sommer verzichten. Der Senat habe für die am 7. Juli geplante Parade noch keine schriftliche Genehmigung erteilt. Damit fehle die dringend benötigte Planungssicherheit, sagte der Geschäftsführer der Love Parade GmbH, Rainer Schaller.

Die Love Parade wird 2007 wohl nicht durch Berlin ziehen: Das Techno-Spektakel werde nicht stattfinden können, da es keine schriftliche Genehmigung der Stadt gebe, sagte der Geschäftsführer der Love Parade GmbH, Rainer Schaller, am Mittwoch. Ab sofort könnten sich andere europäische Metropolen um die Austragung bewerben. Der Senat habe für die am 7. Juli geplante Parade noch keine schriftliche Genehmigung erteilt. Damit fehle die dringend benötigte Planungssicherheit, sagte Schaller. Der Chef der Berlin Tourismus Marketing GmbH, Hanns Peter Nerger, bedauerte die Absage. Er sagte, es entstehe der Eindruck, "dass Veranstalter hier in Berlin als Gegner angesehen werden, die nur lästig sind".

Schaller sagte, sein Unternehmen habe bereits im Juni vergangenen Jahres beantragt, die Techno-Party am 7. Juli 2007 im Tiergarten auf der Straße des 17. Juni zu veranstalten. Bisher habe die Stadt nicht geantwortet. Ein Bescheid sei aber unbedingt notwendig. Berlin habe die "Dateline definitiv überschritten", erklärte Schaller. Sein Anwalt Niko Härting sagte, der Antrag bei der Stadt werde in den nächsten Tagen zurückgezogen.

Kritik, die Love Parade sei bislang deshalb nicht genehmigt worden, weil Ex-US-Präsidentschaftskandidat Al Gore für diesen Tag unter Umständen ein "Live Earth"-Konzert für Klimaschutz auch in Berlin plane, wies Roland zurück. Dafür gebe es noch keinen Antrag. "Sollte dies der Fall sein, werden wir alles möglich machen, beide Veranstaltungen durchzuführen." Al Gore plant Medienberichten zufolge, am 7. Juli 2007 mit sieben Konzerten in sieben Städten den Start einer Klima-Kampagne.

WTF?!

Die Berliner FDP forderte den Regierenden Bürgermeister Klaus Wowereit (SPD) auf, auf die Veranstalter zuzugehen. Jahr für Jahr ziehe die Parade unzählige Touristen nach Berlin und die Blicke der Welt auf die Stadt.

Schaller rief alle europäischen Metropolen auf, sich als Veranstaltungsort für die Love Parade zu bewerben. Und natürlich dürfe sich auch Berlin an der Bewerbung beteiligen. Das vorgesehene Veranstaltungsdatum 7. Juli werde jedoch auf keinen Fall mehr eingehalten werden können. Die Finanzierung der Veranstaltung sei mit drei Millionen Euro gesichert, betonte Schaller.

Das von DJ Dr. Motte 1989 gegründete Techno-Spektakel hatte nach zweijähriger Pause im vergangenen Jahr ein erfolgreiches Comeback erlebt. 2004 und 2005 war die Love Parade ausgefallen. Im vergangenen Jahr waren nach Veranstalterangaben 1,2 Millionen Menschen gekommen. Die Polizei hatte 500.000 bis 700.000 Raver geschätzt. Auf jeden Fall sei es sein Ziel, die Love Parade weiter zu veranstalten, sagte Schaller. Es sei allerdings nicht realistisch, dass die Love Parade in einer anderen Stadt auch am 7. Juli stattfinden könnte. Dazu sei die Planungszeit zu kurz.

Basically the Love Parade organizers put their planning in JUNE 2006 for the love parade and to have it on July 7, 2007 - but the City of Berlin actually never confirmed their intent to hold it. The head of Berlin Tourism is pretty pissed about the whole thing. He claims that the reason they won't approve it is because Al Gore (yes, Al Gore) might be holding a "Live Earth" concert on July 7 in Berlin, which correlates to have 7 concerts in 7 different cities around the globe (fucking hippies), which has yet to be confirmed. Instead of the city of Berlin actually discussing the matter with the Love Parade organizers (as far as my German allows me to understand) - they just kind of "ignored" the request and now the planning stages for such a large event has kind of slipped past the Love Parade organizers for them to properly work with the city (or something along those lines). Now, the Company, Love Parade GmbH is saying that the City of Berlin had enough time to decide etc and is now taking bids to hold the event in another European city and get this..."Berlin is welcome to apply." The tourism president for Berlin is going to apply to have the parade, and insurance for the parade is 3 million Euros, which is their deposit to hold it. So basically now, it's waiting for Berlin to win against other cities to hold the parade. They quoted a politician who is all for it, because of all the tourism it brings (500,000 + people). A friend of mine said though, this happens every year.


***

Saturday, February 03, 2007

Why, oh why?

So, the Bears are playing tomorrow in the Superbowl. I am very excited for Chicago and everyone at home who gets to see the game in real time. I, unfortunately, will have to be in bed when the game starts in the US (about midnight German time). You see, Monday is the FIRST day of my internship and I just can't risk it. I am very sad to be missing the game. I'll be sadder though, if I get kicked out of the office for not being able to stand up because I'm so tired and I smell like booze. I hate being responsible.

GO BEARS! Drink an old style for me ;)

***

Thursday, February 01, 2007

Terrorists Apparently Now Watching Cartoon Network

















Boston officials livid over ad stunt


By KEN MAGUIRE, Associated Press Writer Thu Feb 1, 8:20 AM ET

BOSTON - Boston officials, livid about a publicity campaign that had disrupted the city by stirring fears of terrorism, vowed to prosecute those responsible and seek restitution.

Officials found a slew of blinking electronic signs adorning bridges and other high-profile spots across the city Wednesday, prompting the closing of a highway and the deployment of bomb squads.

The 38 signs were part of a promotion for Cartoon Network TV show "Aqua Teen Hunger Force," a surreal series about a talking milkshake, a box of fries and a meatball. The network is a parent of Turner Broadcasting Systems, Inc.

"It is outrageous, in a post 9/11 world, that a company would use this type of marketing scheme," Mayor Thomas Menino said. "I am prepared to take any and all legal action against Turner Broadcasting and its affiliates for any and all expenses incurred during the response to today's incidents."

The 1-foot tall signs resembled a circuit board, with protruding wires and batteries. Most depicted a boxy, cartoon character giving passersby the finger — a more obvious sight when darkness fell.

Turner Broadcasting, a division of Time Warner Inc., apologized, but Boston authorities are still angry.

They arrested two men who put up the electronic promotions and vowed to hold Turner accountable for what Menino said was "corporate greed," that led to at least $500,000 in police costs.

Turner said the devices have been in place for two to three weeks in 10 cities: Boston; New York; Los Angeles; Chicago; Atlanta; Seattle; Portland, Ore.; Austin, Texas; San Francisco; and Philadelphia. As soon as the company realized the Boston problem, it said, law enforcement officials were told of their locations in all 10 cities.

"We apologize to the citizens of Boston that part of a marketing campaign was mistaken for a public danger," said Phil Kent, Turner chairman.

Kent said the marketing company that placed the signs, Interference Inc., was ordered to remove them immediately. Messages seeking additional comment from the Atlanta-based Cartoon Network were left with several publicists.

Highways, bridges and a section of the Charles River were shut down Wednesday and bomb squads were sent in. Turner notified them that the devices were part of a promotion at around 5 p.m., Boston officials said.

"Everyone can play a part by holding Turner Broadcasting to account for today's events," Suffolk District Attorney Daniel Conley said. "Viewers, advertisers, license holders, can and should make clear to them this sort of behavior is reckless, irresponsible and illegal."

"Commerce was disrupted, transportation routes were paralyzed, residents were stranded and relatives across the nation were in fear for their loved ones in the city of Boston," Conley said.

Peter Berdovsky, 27, of Arlington, and Sean Stevens, 28, of Charlestown, were each charged Wednesday night with one count of placing a hoax device and one count of disorderly conduct. State Attorney General Martha Coakley said they were hired to place the devices. Both men were to be arraigned Thursday morning.

Those conducting the campaign should have known the devices could cause panic because they were placed in sensitive areas, Coakley said. Authorities are investigating whether Turner and any other companies should be criminally charged, she said.

"We're not going to let this go without looking at the further roots of how this happened to cause the panic in this city," Coakley said.

In Seattle and several suburbs, the removal of the signs was low-key. "We haven't had any calls to 911 regarding this," Seattle police spokesman Sean Whitcomb said Wednesday. Police in Philadelphia said they believe their city had 56 devices.

In New York City, local news broadcasts showed images of the devices being collected, and the New York Post reported that police confiscated 41 in Manhattan and Brooklyn.

Interference had no immediate comment. A woman who answered the phone at the New York-based firm's offices Wednesday afternoon said the firm's CEO was out of town and would not be able to comment until Thursday.

Berdovsky, an artist, told The Boston Globe he was hired by Interference and said he was "a little kind of freaked out," by the furor.

"I find it kind of ridiculous that they're making these statements on TV that we must not be safe from terrorism, because they were up there for three weeks and no one noticed. It's pretty commonsensical to look at them and say this is a piece of art and installation," he told The Globe.

Berdovsky's attorney described the incident as a "misunderstanding."

"It's very disturbing that what was just an employment for a struggling artist turned into some major misunderstanding," Michael Rich told WHDH-TV.

A telephone voicemail box for Berdovsky was full Wednesday night. It could not immediately be determined if Stevens had legal counsel.

The first device to raise alarm in Boston was found by a transit worker at a subway and bus station underneath Interstate 93 on Wednesday morning, leading to the temporary shutdown of the station and the highway.

Later, police said four calls, all around 1 p.m., reported devices at the Boston University Bridge and the Longfellow Bridge, at a Boston street corner and at the Tufts-New England Medical Center.

Two devices, at the Longfellow Bridge and the medical center, however, turned out to be unrelated to the marketing campaign, Police Commissioner Edward Davis said.

The rash of calls around the same time is being investigated, Davis said. When asked if the calls were coordinated as part of the marketing campaign, he said: "There's no indication it came from panicked residents."

"Aqua Teen Hunger Force" is a cartoon with a cultish following that airs as part of a block of programs for adults on the Cartoon Network. A feature length film based on the show is slated for release March 23.



Sunday, January 21, 2007

Yes.









Thursday, December 28, 2006

A coming of age for the European currency

By Ralph Atkins in Frankfurt

Published: December 27 2006 22:07 | Last updated: December 27 2006 22:07

On January 1, 2007, Europe celebrates the fifth anniversary of the launch of euro notes and coins by welcoming a thirteenth member of the eurozone – Slovenia, the tiny former Yugoslav republic. But the eurozone’s geographical expansion is modest in comparison with the rapid growth in euro notes in circulation within the region and beyond.

Earlier this month, the value of euro notes pushed through the €600bn (£402bn; $787bn) level – roughly double the value of the then-national currencies in circulation at the end of 2001. The signs are that in December the currency came of age by overtaking the US dollar in terms of the value of notes in circulation. The figures used for the comparison by the Financial Times include notes held in the vaults of commercial banks but exclude reserves of notes held by central banks.

Slovenia’s small size – its population is just 2m – means that the impact of its entry will be hard to separate from the usual spike in demand for cash around Christmas and New Year, according to Antti Heinonen, head of the European central bank’s bank notes directorate. So what has driven rapid growth in euro notes?

After the 2002 launch, the rate of increase slowed, but has remained at or above 10 per cent a year. The exact reasons are unclear; even central banks do not know where their notes are or for what purposes they are used.

Mr Heinonen suggests several explanations. Within the eurozone, citizens may still be adjusting to the new currency. In terms of population, the eurozone, with 315m inhabitants, is larger than the US. Low interest and inflation rates have “reduced the opportunity cost of holding cash, rather than putting your money in a bank account”, he says.

Eurozone citizens anyway like to hoard some cash, perhaps more than their US counterparts, especially if they have difficulty getting to an automated cash dispenser. Electronic payment systems remain far from universal.

Robust eurozone growth, which has matched that in the US in recent quarters, could have added to demand.

Other clues come from the popularity of different euro notes. In volume terms, €500 notes have seen the fastest growth; their number in circulation was rising at an annual rate of almost 14 per cent in November. The volume of low-denomination dollar notes means that in terms of individual notes in circulation, the dollar leads the euro, and the dollar has retained its title as “cash most used outside of its borders”, says Mr Heinonen.

The popularity of high-value euro notes might result from their use by criminals, although the ECB does not put too much weight on such factors. “Clearly cash is used by criminals because it is an anonymous instrument,” adds Mr Heinonen. “But to say that it would be more difficult to commit a crime if we didn’t have high denomination notes would be to confuse cause and effect. If we didn’t have the higher denominations, criminals would use the lower denominations – or other global currencies, such as the US dollar or Swiss franc.”

The overseas demand for euro notes is clearer to see. Tourists travelling outside the eurozone are likely to have taken euro notes with them and not brought so many back. The notes have also become popular in European Union member states that hope to one day to join the eurozone. Kosovo and Montenegro have adopted the euro as their national currency, even though they are not yet EU members. In countries such as Russia and beyond, euros have gained acceptance.

And at least when it comes to overseas use, the ECB has some indications about the scale of demand. Using statistics on the net the value of euros shipped by financial institutions, the ECB estimates that the stock held outside the eurozone must be worth at least €55bn, and that is almost certainly too low an estimate given the net outflow accounted for by tourists.

The ECB estimates that between 10 and 20 per cent of the €600bn euro notes in circulation are held outside the eurozone.

***

Friday, November 10, 2006

Important Security Update!

My lipgloss was deemed too dangerous...and "plastic bagged".

Buy stock in Ziplock, seriously.

Oh, but my lighter got through again.

***

Thursday, November 09, 2006

New "safety" measures on planes.

I go to the airport today, very happy that for once I don't have to check my bag because it's only one night. I get handed a brochure and asked, "Are you aware of the new regulations?". I reply with a polite "Ja, danke." and actually manage not to roll my eyes. I go through the x-ray and get double checked because my items were not in a PLASTIC BAG, but a CLEAR tupperware. They are eyeing my products in english and take out the bottle of "Neutrogena Face Wash" and tell me I can't take it on because the "bottle is too big". The bottle was about 1/3 full, but still too big - max is 100 ml or some shit like that.

This really angers me because it's FACE WASH!!!!!!!!!!!!!!!! Not a knife, not a bomb, not a granade or shotgun...a bottle of face wash, and clear might I add. What is going on here? How is it, as a world of people, we don't allow people to take face wash on the plane. What am I going to do, threaten someone with the convienant pump action.


Hey! This plane is under hostage! Nobody move or um...I'm going to pump the top of this bottle of soap, and it's going to dribble on the floor...and maybe it will stain. I'm serious here! Nobody move!

I get through leaving my bottle at the counter, and realize they didn't notice the two lighters in my purse.

Although I am not in a situation to boycott what is happening here and not fly, I can say that this whole world is really becoming scared of it's own shadow and it's pathetic. My main complaint is that the safety measures are GROSSLY inconsistent at the airport, sometimes I get my lighter through...other times they take it. For every 24 year old young woman they stop for having a "perfume bottle that is too big", they might want to use that $4 it cost to check my see-through tupperware to hire another bomb dog. I'm really getting sick of the personal rights that are being violated to combat the "war on terror". Sure, it's a bottle of facewash they won't let me take on, but next thing you know my "pre-flight urine sample contains levels of mercury" and therefore will be put in "pre-flight holding" while they check my DNA for "aggression genes".


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Tuesday, October 03, 2006

Tag Der Deutschen Eiheit / German Unity Day

Today marks the 15th anniversary of the reunification between East and West Germany. It's not to be confused with the day the wall actually came down, which was November 9, 1989. Some people may ask why German Unity Day isn't on the day the wall actually came down? This date also coincides with the anniversary of the founding of the first real German Republic in 1918 and the defeat of Hitler's first coup in 1923. However, November 9 was is also the anniversary of the first large-scale Nazi-led pogroms against Jews in 1938 (so called Kristallnacht), therefore November 9th is grossly inappropriate (wikipedia.org).

I would like to recommend reading the article that Wikipedia has on the topic of German re-unification. It's a nice summary and it's always good to learn something! Click Here.

Today is Germany's National Holiday (Independence Day is ours in the United States). There seems to be a sort of solemness about the day today here, instead of firecrackers and parties, eveything is closed and the streets are quiet. I wonder if that is almost more appropriate considering what is being observed.

Imagine a United States where there was a Wall between the north and the south, one was communist and one was a democracy. Your family or lover may be on the other side and there is no way to see them, or go across because it's so heavily armed you may die just to see their face.

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Wednesday, September 13, 2006

PB AND J

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pbandj

This is Padi's blog, she likes to write about Politics. She's so hot and sexy that if I was teenage boy, I would totally dry hump her in the back of my mom's minivan.