Story and audio segment contributed by David Wong at www.BlogTheTalk.com.
Photographs contributed by the Hong Kong Fringe Club. I’m standing on the corner of Wyndham Street and Ice House Street, next to what is today the Fringe Club. The lively arts society moved into the premises in 1983, when it was a very run-down old warehouse that had previously belonged to Dairy Farm. It had once been the Cold Storage Depot for Dairy Farm – much of their milk and other produce used to be brought from the dairy in Pok Fu Lam over here to the city for distribution. One cannot take the existence of milk-producing cows in Hong Kong for granted. How did Jardine Matheson’s Dairy Farm Company come into being, in a city where so much of the population is lactose intolerant? Milk was highly prized as a beverage, and even a tonic, by the early colonials. Only the rich could afford them though, and the wealthiest foreign households in Hong Kong kept their own dairy cow for personal consumption. A Mr. J. Kennedy, though, aimed to change all of that. Garden Road in the 1870s was largely unkempt wilderness past St. John’s Cathedral, bordered on both sides by green fields. So Mr. Kennedy leased the land, and brought over special dairy cows from Britain, and even rosy-cheeked English milkmaids! Unfortunately, the venture soon failed. But in 1886, a Doctor Patrick Manson, who was later to be knighted for his work on tropical medicine and the plague, believed very much in the curative powers of milk for the Western diet. He formed a venture called the Dairy Farm Company with veteran Armenian businessman Paul Chater, who was also responsible for spearheading the Central land reclamation. Let me read you his views in the company prospectus: “The price of good milk in Hong Kong at present ranges from twenty to twenty-five cents per bottle of twenty-four ounces. These prices, unless in the case of the rich, are simply prohibitive. A principal object of the proposed Dairy Company will be to reduce the price so as to bring milk within the reach of the poor, say to ten cents or less per large bottle. A second object will be to secure its purity and remove it from the category of typhoid fever and other disease causes; and a third object to place the concern on a sound financial basis and make it a source of profit to the shareholders.” You have to download the file to your computer in order to listen, by choosing the save option. This may take around 5 minutes, thank you for your patience. |
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21 October 2010 An estimated 500 million small-scale farmers across the cheap michael kors purses world are hungry, partly as a result of losing their farmland to industrial expansion, urbanization or environmental degradation, the United Nations independent expert on the right to food told the General Assembly today.
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Speaking to reporters, Mr. De Schutter stressed the need to protect land users from "land grabbers" and speculators who may, for example, want to use farmland for large-scale mechanized farming to produce agrofuels.
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The new report said that up to 30 million hectares of farmland are lost due yearly to environmental degradation, conversion to industrial use or urbanization. With rural populations growing and competition with large industrial units on the rise, plots cultivated by small farmers are shrinking every year, relegating them to arid, hilly or dry soils. This poses a direct threat to the right of rural populations to food.
Also presenting a report to the Assembly today was Cephas Lumina, the UN Independent Expert on foreign debt and human rights.
According to the publication, debt forgiveness for poor countries has eased their burdens and made resources available for poverty-reduction, but it noted that 'vulture' funds have seized the opportunity to acquire defaulted State debts cheaply and seek repayment of the full value later.
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In her report to the Assembly yesterday, Gay McDougall, the UN Independent Expert on minority issues, highlighted the need to pay attention to issues of concern to minority groups at an early stage.
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News Tracker: past stories on this issue
Related press briefingsPress Conference by World Food Programme on Hunger and Financial, Food Crises
Related press releasesSecretary-General, in Video Message to World Chambers of Commerce, Urges Business Leaders to Join Him in Push to Address Poverty, Hunger, Illness, Inequality
Lara Bingle chases Brendan Fevola in the courts
"The matter remains in the hands of our lawyers," michael kors bags on sale Bingle's agent Max Markson said.
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Markson refused to say where that action was up to, only that it was in the hands of Sydney law firm Kennedys and defamation and privacy specialist michael kors handbags outlet online Patrick George.
AFL football operations general manager Adrian Anderson announced the investigation into Fevola's conduct was complete but that the AFL had not spoken directly to Bingle and would like to do so.
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The former Carlton player was interviewed twice as part of the investigation while Bingle, through her lawyers, declined to speak directly with the AFL but provided a statutory declaration.
The scandal led to Michael Clarke leaving Australia's tour of New Zealand and returning to Sydney for crisis talks with his then fiancee.
After michael kors bags outlet days of soul searching the couple decided to split. Bingle moved out of their shared Bondi penthouse just before Clarke returned from cricketing duties.
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Mergers michael kors outlet store and Acquisitions
Activision's (ATVI) Blizzard unit acquires the assets of IGN Pro League, a business dedicated to promoting covering competitive gaming (eSports), from IGN (JCOM). But there are doubts such a move is feasible, particularly since Activision would probably have to borrow at least $5B to make it happen. Vivendi is also said to have hired bankers to evaluate options for Brazilian carrier GVT, as the conglomerate tries to reduce its telecom exposure. (earlier)
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Thursday, August 16, 2012, 10:07 AM
Electronic Arts (EA +7.1%) has given up half the premarket gains it saw on a report it's in early talks with P-E firms. Take-Two Interactive (TTWO +3.1%), which once spurned a bid from EA, is getting a lift, but EA archrival Activision (ATVI +0.4%) isn't so fortunate. It was only two weeks ago reports emerged that Vivendi is shelving plans to sell its 60% stake in Activision due to a lack of interest. It's added bankers are "sounding out" tech and media companies such as Tencent, Time Warner, and Microsoft, as well as P-E firms. Vivendi's efforts to sell Activision, first reported last week, are pivotal to its restructuring plans. But a buyer for the $13.3B company could be hard to come by, and many think a spin-off of Vivendi's stake michael kors bags on sale is more likely. It's added that if no buyer emerges, Vivendi will sell part of its stake on the open market. Unclear is what Vivendi might do with any proceeds from selling the ATVI stake, who might be interested in buying it, or whether a such move would lead to an acquisition of the company in whole.
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Thursday, April 26, 2012, 2:04 PM
Wedbush's Michael Pachter isn't buying rumors Asian online gaming giant Nexon will buy Electronic Arts (EA +6.9%). With a current market cap of $5.3B, EA would be very tough for Nexon ($8B market cap) to swallow. In addition, employee defections would be huge, Nexon's CEO (owns over 50% of shares) doesn't want to relinquish control, and Nexon has no experience in many of EA's core markets. Also rallying on the rumor: ATVI +2.5%. ZNGA +3.6%. GLUU +3.7%.
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[Tech, Quick Ideas, M On the Move]
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