Carl Bloch Paintings Panorama

Hans Nyberg

The Brigham Young University’s Museum of Art in Utah US opens on November 12 an exhibition with paintings by the 19th century Danish painter Carl Heinrich Bloch. The exhibition will run until May 7
Carl Bloch became famous as religous painter after he was commisioned to paint 23 new paintings from the bible in the Kings Oratory (Kongens Bedekammer) at Frederiksborg Castle. The original paintings had been destroyed in the big fire in1859 which destroyed large areas of the castle.
I was commissioned by the Brigham Young museum to photograph panoramas from all the Danish and Swedish churches where Carl Bloch’s altar paintings are found.
Some of these original paintings have been lend to the exhibition in US.
However the most important panorama was the panorama from the Kings Oratory. These paintings are his main religous work which his church altar paintings are based on.

A New $5 Day?

John Landry

Back in 1914 Henry Ford had the crazy idea of giving his factory workers a huge raise. He doubled the standard wage from $2.50 to a whopping $5. The business press excoriated him for his “five dollar day,” but it turned out to be a brilliant move.
He had two reasons. The first, which he gave publicly, was that his new assembly-line system enabled him to produce far more cars than ever before. But after all that efficiency a Model T still cost $500, beyond the reach of most employees at Ford and elsewhere. With the huge raise he hoped to spark a movement to enable American workers to buy a car.
The other reason was that he was having a terrible time staffing his wonderful assembly line. Turnover was enormous as people reacted to the new kind of stress of working on a continually moving line. High pay would make them think twice about leaving, or joining a union.

The global power of Brazilian agribusiness

The Economist Intelligence Unit

razil is world’s fifth-largest country by geographical area and the largest in terms of arable land. Although only a fraction of its land is exploited, the country produces a highly diverse array of agricultural goods. This puts Brazil in a unique position to lead the global agricultural sector in the medium to long term. With an abundant supply of natural resources–water, land and a favourable climate–it has the opportunity to be the largest agribusiness superpower, supplying the world market while also providing affordable food for its own population.
The country already ranks as the top global supplier of products as diverse as beef, orange juice and ethanol, and is expected to continue to expand its exports in other areas as well, such as cotton, soybean oil and cellulose. Its markets are also diverse: China is now the largest market for Brazilian agribusiness products, and sales to Eastern Europe, the Middle East and Africa are also growing rapidly.
To maintain this trajectory, Brazil must build on the significant improvements in productivity that underpin its current success and overcome the barriers to full realisation of its potential. Obstacles range from scarcity of credit to logistical logjams, from protectionist measures in key markets to environmental concerns.
Frontier regions are a testament to what is right, and wrong, with Brazil’s agribusiness sector. The rich harvests from the country’s vast hinterland have more than paid back public and private investment in research to create new plant varieties adapted to the region’s soil and climate. Large-scale production and professional management have helped to offset the high costs and tight margins of farming such areas. Attracted by the promise of growth, investors have both financed agriculture’s expansion and provided technological know-how. Yet agricultural endeavours in these regions are burdened by inadequate transport and insufficient storage capacity. Productivity in such segments as beef production and corn remains low. Margins remain tight.

Cartography: Google goofs

The Economist

THE Caribbean end of the border between Costa Rica and Nicaragua follows the course of the San Juan river, which was once considered a possible route for the trans-isthmus canal. The border was originally determined by the CaƱas-Jerez Treaty of Limits in 1858.
The boundary follows the northern branch as the river splits into two, the southern branch is called the Colorado river. According to the treaty, the right bank of the San Juan river is Costa Rican territory but the river itself is Nicaraguan. In 1888 Grover Cleveland, then president of America, arbitrated in the dispute and gave a ruling stating that Costa Rica had the right to use the river for commerce but “has not the right of navigation of the river San Juan with vessels of war”. President Cleveland also commissioned a mapping survey of the area, conducted in 1897 by E.P. Alexander.
In 2009 the International Court of Justice (ICJ) ruled that Costa Rica cannot re-supply its armed police border posts using the river, but also that Nicaragua cannot demand visas from Costa Rican tourists traveling along the river.

US muni bonds see biggest drop since 2008

The Financial Times

Municipal bonds had their biggest one-day sell-off yesterday since the height of the financial crisis, prompting some borrowers to delay financing plans.
The yields on triple A 10-year bonds rose 18 bps to 2.93 per cent, the largest one-day rise since October of 2008, according the MMD index, which is owned by Thomson Reuters.
Absolute yields, however, remain well below crisis-era levels.
The $2,800bn “muni” bond market where states and municipalities raise money has been under pressure over the past week amid a rise in the yields of benchmark US Treasury bonds, heavy bond sales and uncertainty about federal support for the market.
The market declines have made investors, who are mostly wealthy individuals benefiting from tax breaks on muni debt, nervous about an uptick in defaults. Munis historically have been a relatively safe place to invest, but budget deficits and underfunded public pensions have created widespread concern that local entities could struggle to pay their debts.

Is OpenTable Worth It?

Incanto

We’ve often been asked why Incanto is not listed on OpenTable.com. For those of you not familiar with the service, OpenTable is the most successful online restaurant reservation portal on Earth; a place on the Web where diners can search for and make reservations at leading restaurants, via a browser or smartphone. Restaurants like Incanto that chose not to offer their seats through OpenTable find themselves in a shrinking minority.
Let me start by stating the obvious: the convenience and immediacy of booking a table online anytime day or night is beneficial to both diners and to restaurants. This was my belief nine years ago, when we first approached OpenTable to inquire about becoming one of its early customers. It’s also why we have found a way to offer Web-based reservations, through our own website, since we opened and why we’ve kept current and revisited OpenTable’s offerings each year, to re-visit our decision.
It’s possible, however, for convenience to come at too dear a price. I don’t mean that only as it relates to the short-term economic price, but also in the sense that sometimes, what may at first seem like a straightforward benefit can in fact require the sacrifice of something much more precious over the long run. That judgment has always been at the core of our concerns about OpenTable, which has to its credit done such a masterful job building its business that it now holds the dominant position here in the U.S. among providers of online reservation services, with a market share estimated at greater than 90%. Whether or not your restaurant is an OpenTable customer, it’s impossible not to feel its impact.