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Issue 70

October 2011
Portfolio
emirates.com
Exclusive to Emirates First Class and Business Class
Celebrating the
Flying Lady
Torsten
Mller-tvs
REVIEWS FOR MONEY
The Internets Dark Secret
STOLEN ART
Wheres the Money?
CHINESE PEARLS
A Glittering Business
the day-date ii
EVERY ROLEX IS MADE FOR GREATNESS. THE DAY-DATE II, LAUNCHED IN
2008, ENHANCES THE LEGACY OF THE ORIGINAL DAY-DATE, WHICH WAS THE
FIRST WATCH TO DISPLAY THE DATE, AS WELL AS THE DAY IN ITS ENTIRETY.
NOW IN A LARGER, MORE COMMANDING 41 MM SIZE, THE DAY-DATE II IS A
NATURAL EVOLUTION OF A CLASSIC AND IS PRESENTED HERE IN PLATINUM.
INTRODUCING RALPH LAURENS FIRST EUROPEAN RESTAURANT
AT HIS NEW LUXURY STORE ON THE LEFT BANK
173, boulevard Saint Germain, Paris
Reservations: 33.1.44.77.76.00
NEW YORK
717 MADISON AVENUE
EAST HAMPTON
23 MAIN STREET
LAS VEGAS
FORUM SHOPS
DEVIKROELL.COM
Portfolio
Exclusive to Emirates First Class and Business Class 9
Features
36 Selling Good Reviews
Thanks to the internet word-of-mouth has gone
mainstream through reviews posted on websites. But
that has also resulted in an industry that churns out
positive reviews for a price.
38 Outback Gold Fever
The surging gold price is tempting an increasing
number of Australians into giving up their jobs to
pan for gold.
44 Squeezing the Most Out of Each Watt
Since the accident at the Fukushima Daiichi nuclear
plant only 17 out of Japans 54 reactors are on
line. This has prompted a nation-wide campaign
to conserve electricity.
50 Chinas Lustrous Pearls
Cultured saltwater pearls have traditionally
dominated the world market, but now Chinese
freshwater pearls are taking a large slice of
the business.
56 Social Media Background Checks
Beware of what you do on social media sites and
the web in general as it is standard behaviour for
employers to investigate your past.
Cover Story
This issue
October 2011
28 A Century of Ecstasy
Torslen MuIIer-Olvos, lhe CEO of RoIIs-
Royce, has Ienly lo smiIe aboul. The comany
wealhered lhe recession weII, saIes are u,
and lhe Asian markel is growing. PIus he
sees lhe brand, aIlhough il is aIready al lhe
innacIe of excIusive moloring, as having even
more olenliaI.
38
44

13 Notebook
World business in a nutshell.
19 Observer
Spotting and analysing business trends.
26 Column: Andrew Potter
The Magic of Steve Jobs
Portfolio
Exclusive to Emirates First Class and Business Class
10
Departments
Essentials
61 Rio Revived
With the FIFA World Cup finals due to arrive in 2014, and
the Summer Olympic Games following two years later,
Rio de Janeiro is undergoing a major facelift.
68 The Art of Time
Switzerland-based Vacheron Constantin has been producing
watches for 256 years. So if you want to find out what
makes a luxurious timepiece tick, they are the people to ask.
72 A City at Sea
If bigger is better then the Oasis of the Seas and her sister
ship, the worlds largest cruise liners, are the undisputed
rulers of the cruise industry.
76 Stealing Beauty
What happens after a work of art is stolen? It is difficult
to sell a famous piece of stolen art, but less well-known
pieces can be moved fairly easily.
82 The Worlds Best Restaurant
The Danish restaurant Noma in Copenhagen has been
crowned, for the second year running, Best Restaurant
in the World in the San Pelegrino Worlds 50 Best
Restaurants awards.
86 Luxury Mission
With its launch in 2003 the Continental GT created
a new segment of luxury cars and quickly became
Bentleys most popular model. The changes on the 2012
model have made this classic
coupe even better.
88 Other Business
Portfolio takes a
light-hearted look
at the latest business
news.
Portfolio
Published for Emirates by
PO Box 2331, Dubai, UAE.
Telephone: (+971 4) 2824060,
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e-mail: emirates@motivate.ae
Printed by Emirates Printing Press, Dubai, UAE
Editor-in-Chief Obaid Humaid Al Tayer Group Editor & Managing Partner Ian Fairservice Group Senior Editor Gina
Johnson Senior Editor Guido Duken Editorial Assistant Hilda DSouza Art Director Tarak Parekh Junior Designer
Roui Francisco Senior Production Manager S Sunil Kumar Production Manager C Sudhakar Senior Advertisement
Manager Jaya Balakrishnan Email: jaya@motivate.ae General Manager Group Sales Anthony Milne Email: anthony@
motivate.ae Business Development Manager Nicola Hudson Advertisement Manager Rameshwar Nepali
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Notebook
BUSINESS NEWS IN BRIEF
October 2011
<H<:&<HE:<H%MA>PHKE=L
IargosL sofL-drink makor, is invosLing in
boLLIing IanLs and doIivory Lrucks in China
as iL LargoLs an incroaso in avorago or-
orson consumLion from Lho curronL Lwo
drinks a monLh.
Tho makor of SriLo, China`s bosL-soIIing
sofL drink, Ians Lo invosL $4 biIIion wiLh iLs
Chinoso boLLIing arLnors Swiro Bovoragos
and COICO Coca-CoIa Bovorago Co in
China ovor Lhroo yoars from 2u12 Lo widon
iLs Ioad ovor rivaI PosiCo. MosL of LhaL wiII
bo sonL Lo buiId moro boLLIing IanLs, buy
Lrucks, oxand disLribuLion infrasLrucLuro
and add cooIors.
MarLin Janson, rogionaI dirocLor of Lho
comany`s boLLIing businoss in China,
Singaoro and MaIaysia says saIos wiII
robabIy incroaso aL a high doubIo-digiL`
raLo in China Lhis yoar and noxL. If you
comaro Lho numbor of bovoragos wo soII
or orson in China, iL`s roughIy jusL ovor
Lwo or monLh. If you Lako a counLry Iiko
Moxico, Lhoy aIso drink Lwo, buL or day.`
Janson said Lho comany wouId
robabIy buiId facLorios in Sichuan
rovinco in souLhwosLorn China as woII
as oxand caaciLy by adding moro
manufacLuring Iinos. PIans Lo add boLLIing
IanLs ovor Lho noxL Lhroo yoars aro sLiII
boing comIoLod, ho said.
Tho Coca-CoIa sysLom has moro Lhan
4u facLorios in China and omIoys in
oxcoss of 48,uuu ooIo, according Lo a
sLaLomonL by Lho comany. China saIos
surassod ono biIIion uniL casos in Lho six
monLhs Lhrough Juno, doubIo Lho raLo of
2uu, whon iL soId LhaL amounL for Lho
whoIo yoar. Coca-CoIa is Lho dominanL
soda makor in China wiLh 61. or conL
of Lho markoL IasL yoar, foIIowod by Posi
wiLh 2 or conL.
Coca-Cola Pursues Chinese Growth
N u mb e r s G a me
In Figures
The World
271
billionaires in China, as per the latest Hurun rich list, shows
that the countrys ultra-rich are multiplying rapidly. Up from
130 billionaires, the Chinese tycoons have doubled in the past two
years giving China the second-largest number of billionaires in the
world after the US.
71
per cent hike in salary
has been awarded
to Qantas chief Alan Joyce
for his work this year in
restructuring the airline,
despite giving 1,000 workers
their marching orders. The
generous raise from $2.94
million to $5 million has been
strongly slammed by the
Qantas union.
$2.3
billion is the loss
that Swiss bank
UBS suffered due to rogue
equity trades by a London
broker. The trades date back
to 2008 and indicate a huge
security failure in the banks
accounting system.
$10
billion Nord Stream
pipeline has
been turned on by Russia,
giving the federation its first
direct export link to western
markets by bypassing Ukraine
and other central European
countries. Nord Stream will
initially supply up to 27.5
billion cubic metres of gas to
Germany, France, the UK, the
Netherlands and Denmark.
$300
billion may be
injected into
the US economy as the Obama
administration tries to boost
job growth next year. The injection
will come in the form of tax cuts,
infrastructure spending and direct
aid to state and local government.
$2.1
billion bid sees
former BP boss Tony
Hayward make his comeback to
the oil industry. The co-founder
of investment firm Vallares plans
to merge with Turkeys Genel
Energy International, the largest
oil producer in the Kurdistan
region of Iraq.
5.42%
gain in the
Yahoo share
price following the firing of
former Yahoo CEO, Carol Bartz,
and amid renewed speculation
of sales of all or part of the
struggling internet company.
Bartzs departure was a result of
a comprehensive strategic review
set up by the board.
No.1
on the Middle Easts
most competitive
list, Qatar has retained its top
spot. The Gulf state, according
to the World Economic Forums
Global Competitive Index, ranked
14th in the list, climbing three
places since the last report.
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Notebook
Portfolio
AjiL Chambors, a formor
JPMorgan Chaso & Co oxocuLivo
and now chiof oxocuLivo officor
of OId London Undorground Co,
aims Lo Lurn 26 unusod London
subway sLaLions and bomb shoILors
inLo shos and LourisL aLLracLions
afLor raising |2uu miIIion ($31
miIIion) from invosLors.
Chambors moL wiLh Mayor
Boris Johnson Lo discuss Lho Ian.
Chambors agrood Lo rovido moro
informaLion on oLonLiaI siLos,
cosLs and Lho work noodod Lo
convorL Lho sLaLions.
OId London Undorground Ians
Lo oon Lho firsL siLo, BromLon
Road sLaLion, in Limo for Lho 2u12
OIymic Gamos in oasL London.
Each sLaLion wouId cosL |1, miIIion
Lo |34 miIIion Lo ronovaLo and
Lhoy wouId aII bo oonod wiLhin
fivo yoars, according Lo Chambors.
ThaL`s if ho can convinco Johnson
LhaL dovoIoing omLy arLs of Lho
London Undorground noLwork,
aIso known as Lho Tubo, won`L como
aL ubIic oxonso.
Chambors said ho couId
gonoraLo moro Lhan |3uu miIIion
in annuaI rovonuo from Lurning
Lho doroIicL siLos inLo rosLauranLs,
gyms, musoums and arL gaIIorios.
Underground
Revival
Cash is King
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Notebook
October 2011
Under new CEO Larry Page,
Google is shifting gears
and putting its focus onto
monetising its existing business
more effectively. As a result
the company is pulling the
plug across a host of products.
Notable among the out-
going products is FastFlip, a
product that allowed Google
News users to flip through
pages of several online news
publications from one location.
Besides FastFlip, Sidewiki,
Google Desktop, Google
Web Security, Image Labeler,
GOOGLE
CLEANS HOUSE
To-orforming Eurooan oquiLy fund managors aro bracing for
furLhor markoL docIinos by hoarding cash and buying 'moga-ca`
harmacouLicaI and Lobacco sLocks.
InvosLors hoId Lho mosL cash in Lhroo yoars IasL monLh amid
Lho biggosL Eurooan oquiLy soII-off sinco OcLobor 2uu8,
a monLh afLor Lohman BroLhors HoIdings wonL bankruL,
according Lo a survoy by Bank of Amorica. Tho bosL orformors
aron`L Laking risks any Limo soon.
Tho faiIuro Lo rosoIvo Lho Eurooan sovoroign-dobL crisis
and a sIowdown in major oconomios such as Gormany,
Iranco and Lho US causod Lho rogion`s SLoxx 6uu Indox Lo faII
1u. or conL in AugusL, Lho biggosL monLhIy dro in Lho Lhroo
yoars sinco govornmonLs baiIod ouL Lho worId`s financiaI sysLom.
Any robound is IikoIy Lo bo Lomorary in Lho absonco of a Iong-
Lorm fix Lo Euroo`s dobL and growLh robIoms, invosLors say.
Brugoro-TroIaL, basod aL IrankIin TomIoLon InvosLmonLs`
offico in ShorL HiIIs, Now Jorsoy, hoId 6., or conL of his
fund in cash aL Lho ond of JuIy, Lho IaLosL monLh for which
figuros aro avaiIabIo. Eurooan oquiLy funds LyicaIIy hoId
abouL 2. or conL of Lhoir assoLs in cash.
Cash and divorsificaLion aro Lho Lwo main LooIs wo`ro
using Lo roLocL Lho fund againsL furLhor faIIs in oquiLy markoLs,`
Brugoro-TroIaL, 6u, said. Thoro aro IonLy of choa sLocks
around. BuL a IoL of sLocks aro choa for Lho righL roasons.`
GIobaI invosLors` cash hoIdings cIimbod Lo .2 or conL in
AugusL from 4.1 or conL in JuIy as monoy managors soId
cycIicaI sLocks, Lhoso mosL Iinkod wiLh oconomic growLh,
according Lo Lho survoy by Bank of Amorica`s MorriII Lynch
uniL. Cash baIancos oakod aL . or conL in Docombor 2uu8.
Notebook and Subscribed
Links are getting culled.
Aardvark a question and
answer service Google acquired
for $50 million just last year will
also be folded, but engineers
at Google and Aardvark said
the technology it pioneered
would live on. Aardvark uses the
contacts in a persons network
to provide answers to questions
via the web at Vark.com, instant
messaging, email or Twitter.
Now I think about our
products in three separate
categories, Page said during
the companys Q3 earnings call.
First, there is search and our
ads products, the core driver
of revenue for the company.
Next, we have products that
are employing high consumer
success YouTube, Android
and Chrome. Then we have
our new products Google+
and Commerce and Local.
Google has spawned
countless products and
services with its 28,000
employees, but investors
applauded its strategy to
focus on money-spinners.
EVENT NAME: ITCA DUBAI EXHIBITION 2011
WEBSITE: ITCADUBAI.COM
DATE: 25-27 OCTOBER, 2011 VENUE: DUBAI INTERNATIONAL CONVENTION & EXHIBITION CENTRE
Ior Lho sovonLh yoar in a row, ITCA Dubai conLinuos Lo onjoy iLs sLaLus of boing
Lho rogion`s onIy dodicaLod LravoI caLoring sorvicos oxhibiLion connocLing Ioading
air, cruiso and raiI LravoI ooraLors across Lho MENA rogion wiLh inLornaLionaI
suIiors. Showcasing now roducL Iaunchos dosignod socificaIIy for Lho LravoI
socLor, Lho Lhroo-day ovonL is an oorLuniLy for oxhibiLors Lo boosL Lhoir rosonco,
oxIoro and osLabIish now businoss Ius soII and sign doaIs. Tho high-rofiIo ovonL
cuIminaLos wiLh Lho much-anLiciaLod Pax InLornaLionaI Roadorshi Awards gaIa
nighL. AirIinos in Lho fivo rogions of Lho worId: MiddIo EasL, Africa, Asia, Euroo
and Tho Amoricas rocoivo honours undor various caLogorios.
EVENT NAME: Telecoms World Middle East
WEBSITE: terrapinn.com/conference/telecoms-world-middle-east
DATE: 3-6 October, 2011
VENUE: Jumeirah Emirates Towers
Moro Lhan uu LoIocom rofossionaIs wiII bo aLLonding Lhis conforonco whoro
koy docision makors of Ioading rogionaI ooraLors discuss Lhoir osiLion, growLh
sLraLogios and aroas of fuLuro invosLmonLs.
EVENT NAME: Gitex Technology Week 2011
WEBSITE: gitex.com
DATE: 9-13 October, 2011
VENUE: Dubai International Convention and Exhibition Centre
Ronownod as Lho rogion`s biggosL consumor LochnoIogy fosLivaI, Lhis ovonL inviLos Lo
namos in Lho InformaLion and CommunicaLion TochnoIogy socLor from across Lho
gIobo Lo rovoaI Lhoir IaLosL roducLs and sorvicos Lo 136,uuu indusLry rorosonLaLivos.
EVENT NAME: Index 2011
WEBSITE: indexexhibition.com
DATE: 22-25 October, 2011
VENUE: Dubai World Trade Centre
Tho 21sL odiLion of MENA`s IargosL and IongosL osLabIishod InLorior and Dosign
ExhibiLion wiII conLinuo Lo oxand iLs markoL Ioad by foaLuring brand now Iinous
of Lo inLornaLionaI brands from 4 counLrios.
EVENT NAME: International Bar Association Annual Conference
WEBSITE: int-bar.org/conferences/Dubai2011
DATE: 30 October-4 November, 2011
VENUE: Dubai International Convention & Exhibition Centre
Thousands of rivaLo racLiLionors, in-houso counsoIs, judgos and bar Ioadors wiII
arLiciaLo in sossions and workshos addrossing issuos ranging from arbiLraLion Lo
human righLs and Lho oLhics of Lho IogaI rofossion.
DUBAI
United Arab Emirates
DUBAI
16
Notebook
Portfolio
October 2011
19 19
MA>K>BL%I>KA:IL%GHFHK>
uIifLing musicaI oxorionco Lhan
hoaring 'Carmina Burana` by CarI Orff
orformod in a orfocL saco. Many
criLics rogard Symhony HaII in BosLon as
jusL LhaL saco.
Somo 4,828 kiIomoLros away, howovor,
a visiLor Iod inLo Lho iLch-bIacknoss
of Chris Kyriakakis` audio Iab aL Lho
UnivorsiLy of SouLhorn CaIifornia Lo hoar a
rocording of Lho orformanco wouId havo
no way Lo know how big Lho room was.
AL firsL iL soundod Iiko oIoganL music

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Iayod in Lho Ioungo on good oquimonL.
BuL as onginoors addod combinaLions of
soakors, Lho room soomod Lo oxand unLiI
finaIIy iL was as if Lho visiLor woro siLLing
wiLh Lho audionco in BosLon. IL Lurnod ouL
LhaL Lho Immorsivo Audio Lab aL USC is a
IoL smaIIor Lhan BosLon`s Symhony HaII.
AcousLicians havo boon dosigning
concorL haIIs for moro Lhan a conLury, buL
Kyriakakis doos somoLhing difforonL. Ho
shaos Lho sound of music Lo conform Lo
Lho saco in which iL is Iayod. Tho goaI is
whaL Kyriakakis caIIs Lho ground LruLh` -
Lo roIicaLo Lho originaI in ovory rosocL.
Kyriakakis, an oIocLricaI onginoor
aL USC and Lho foundor of Audyssoy
LaboraLorios, a Los AngoIos-basod
audio firm, couId noL achiovo his rosuILs
wiLhouL modorn sound fiILors and digiLaI
microrocossors. BuL Lho basis of his
Lochniquo is rooLod in Lho scionco of
sychoacousLics, Lho sLudy of sound
orcoLion by Lho human audiLory
sysLom. PsychoacousLics has bocomo an
invaIuabIo LooI in dosigning hoaring aids
and cochIoar imIanLs, and in Lho sLudy of
hoaring gonoraIIy.
PsychoacousLics is fundamonLaI,`
said Androw Oxonham, a sychoIogisL
and hoaring oxorL aL Lho UnivorsiLy of
MinnosoLa. You nood Lo know how Lho
normaIIy funcLioning audiLory sysLom works
- how sound roIaLos Lo human orcoLion.`
Tho fioId`s origins daLo back moro
Lhan a conLury, Lo Lho firsL offorLs Lo
quanLify Lho sychoIogicaI roorLios of
sound. WhaL Lonos couId humans hoar,
and how IoudIy or sofLIy did Lhoy nood
Lo bo hoard? PiLch couId bo moasurod
in horLz and Ioudnoss in dociboIs, buL
oLhor honomona woro noL so oasiIy
quanLifiod. Human hoaring can discorn
Lho movomonL of sound wiLh a surrising
dogroo of accuracy. IL can disLinguish
Limbro and romombor aLLorns of sooch.
Ior much of Lho 2uLh conLury, onginoors
dovoLod LhomsoIvos Lo dovoIoing
acousLicaI hardwaro Iiko amIifiors,
soakors and rocording sysLoms. NoxL camo
sLoroo. By rocording Lwo Lracks, onginoors
couId IocaIiso sound for Lho IisLonor. BuL
sLoroo had no roaI sychoacousLics. IL
croaLod an arLificiaI sonso of saco wiLh a
socond Lrack, buL did so by doaIing wiLh
onIy ono variabIo - Ioudnoss.
Tho digiLaI ago changod aII Lhis.
DigiLaI LochnoIogy has Iod Lo innovaLions
LhaL havo boon criLicaI in imroving sound
roroducLion, in LaiIoring hoaring aids
Wired for Sound
Psychoacoustics, the study of sound perception by the
human auditory system, has become an invaluable tool in
designing hearing aids, cochlear implants and bringing the
concert hall to your living room, reports Guy Gugliotta.
BUSINESS NEWS IN BRIEF
Observer
Portfolio
Observer
20
for individuaI aLionLs and in LroaLing
hoaring imairmonL and dovoIoing
cochIoar imIanLs.
=>LIBM>K><>GM advancos, howovor,
sychoacousLics has shown onginoors
LhaL Lhoy sLiII havo a Iong way Lo go. No
machino can yoL duIicaLo Lho abiIiLy
of Lho human oar Lo undorsLand a
convorsaLion in a crowdod rosLauranL.
PooIo wiLh cochIoar imIanLs havo a
LorribIo Limo` wiLh background noiso,
Oxonham said aL Lho UnivorsiLy of
MinnosoLa. Thoy aIso havo LroubIo wiLh
iLch orcoLion and disLinguishing Lho
sounds of difforonL insLrumonLs.
Ono facLor LhaL sIows Lho aco of
innovaLion is LhaL Lho human audiLory
sysLom is highIy nonIinoar. IL is difficuIL
Lo isoIaLo or chango a singIo variabIo -
Iiko Ioudnoss - wiLhouL affocLing sovoraI
oLhors in unanLiciaLod ways.
IL was Lhis anomaIy, in arL, LhaL Iod
Kyriakakis in Lho 1us Lo vonLuro inLo
sychoacousLics. Ho, his USC fiIm schooI
associaLo TomIinson HoIman, and Lhoir
sLudonLs woro Lrying Lo imrovo Lho IisLoning
quaIiLios of a room by moasuring sound wiLh
sLraLogicaIIy Iacod microhonos. OfLon
our changos woro worso Lhan doing noLhing
aL aII,` Kyriakakis rocaIIod. Wo noodod Lo
find ouL whaL wo had Lo do. Wo had Lo Ioarn
abouL sychoacousLics.`
Tho Lrick was Lo osLabIish a basoIino for
whaL soundod bosL. So Kyriakakis and his
sLudonLs wonL Lo BosLon`s Symhony HaII
in 18 Lo conducL a sorios of sound LosLs
and Lo mako somo rocordings.
AL LhaL Limo, acousLicians had Iong
known LhaL a shoobox-shaod concorL
haII Iiko BosLon`s offorod Lho bosL sound, buL
whaL was imorLanL for Kyriakakis was Lo
know why Lho human oar and Lho human
brain LhaL rocossod Lho signaI foIL LhaL way.
Back in Los AngoIos, his Loam bogan
a sorios of simIo oxorimonLs. LisLonors
woro inviLod inLo Lho Iabs Lo hoar Lho
BosLon LosLs and music and Lo raLo
Lho sound, using a scaIo of ono Lo fivo.
Rosoarchors shifLod Lho sound Lo difforonL
combinaLions of soakors around Lho
room. WiLh Lhoso rosuILs as his LomIaLo,
Kyriakakis foundod Audyssoy. His idoa
was Lo mako dons and Iiving rooms sound
Iiko concorL haIIs and movio LhoaLros.
Microrocossors mado iL ossibIo Lo fiILor
sound Lo minimiso disLorLion and add Lho
doIays LhaL mako Lho music sound noarIy
orfocL Lo Lho human oar from anywhoro
in Lho room.
Audyssoy`s firsL roducL, MuILEQ, sLarLod
wiLh a fivo-soakor configuraLion, buL for
a fuII concorL-haII-Iiko offocL, iL now offors
whaL Kyriakakis caIIs an 11.2` sysLom:
Lhroo soakors in fronL of Lho IisLonor; Lwo
oIovaLod soakors; Lwo soL ouL wido; Lwo
soakors sIighLIy bohind Lho IisLonor, and
Lwo soakors dirocLIy in back. Audio-vidoo
rocoivors wiLh Audyssoy`s IaLosL MuILEQ
LochnoIogy cosL $1,uuu Lo $2,uuu.
Ior Lho unsohisLicaLod IisLonor, Lo-
of-Lho-Iino sound oquimonL by iLsoIf
sooms good onough, buL iL is noL Iiko
Lho sychoacousLicaIIy adjusLod vorsion.
A vidoo of Lho EagIos singing 'HoLoI
CaIifornia` soundod nico unLiI Audyssoy`s
hardwaro dirocLor, Androw Turnor,
oinLod ouL LhaL Lhoro was no bass whon
Lho voIumo was Iow. Ho fIickod a swiLch
and Lho bass roLurnod, onriching Lho
music wiLh sLarLIing offocL.
AL Lho concorL iLsoIf, wiLh a IoL of
high-voIumo sound, you couId hoar Lho
Iow Lonos,` ho said. BuL horo in Lho
sLudio, your brain is fiILoring Lhom ouL as
irroIovanL aL Iow voIumo. So you havo Lo
rosLoro Lhom. IL`s uro sychoacousLics.`
O N E 2 WAT C H
On the heels of Steve Jobs resignation in August, Apple Inc.,
the American multinational corporation that designs and markets
consumer electronics, computer software and personal computers
named Timothy D. Cook as its new chief executive officer.
The news did not come as a surprise as Cook has spent
30 years distinguishing himself in the computer industry. He
spent the early years of his career at IBM and Compaq and
the past 14 years as Steve Jobs lieutenant at Apple.
The Alabama native was appointed by Jobs in 1998 as
senior vice president to oversee the manufacturing of Apple
computers. Cook revolutionised Apples supply chain and built
strong relationships with external manufacturers. Hes been
credited for reducing inventory by virtually eliminating stockpiled
inventory, closing down warehouses and getting products into
consumers hands as directly from the manufacturing factories
as possible. Cook also convinced Apple to steer away from
manufacturing its own components and instead partner with
external manufacturers like Foxconn. He was promoted to
chief operating officer in 2007 and spearheaded Apples
Macintosh division.
Cook is an industrial engineer by training, and also
earned a masters degree in business administration from
Duke University, US.
Cook may not mirror the same charismatic dynamism of Jobs,
however, the industry views him as an intelligent and a capable
leader. How he meets the immediate challenges in furthering the
companys digital video plans will be closely watched.
TEXT: HILDA DSOUZA
Tim Cook
IranLic Lrading as Euroo sLruggIos wiLh iLs dobL crisis is
roviding a briof shoL in Lho arm for sLock oxchangos, buL won`L
immuniso Lhoir hofLy vaIuaLions from fiorco comoLiLion whon
Lho voIumos abaLo.
A rash of ordors as anicky Lrading hiL Lhroo-yoar highs wiII
havo rovidod a soIid foo fIow for oxchangos, in sLark conLrasL Lo
invosLmonL banks, whoso far riskior Lrading fIoors may goL burnod
whon markoLs aro choy. BuL LhaL doos noL moan sLock oxchangos
aro nocossariIy a boLLor invosLmonL, as voIumos aro IikoIy Lo faII
back, oxosing Lho roaI rossuro on Lhoir businoss modoIs.
Eurooan sharos worLh t1.12 LriIIion ($1., LriIIion) woro
Lradod in AugusL, Thomson RouLors daLa shows, making iL
Lho busiosL monLh sinco Lho faIIouL from Lho coIIaso of US
invosLmonL bank Lohman BroLhors in OcLobor 2uu8.
Tho avorago monLhIy Lurnovor in 2u1u was t,86.2 biIIion,
3u or conL shorL of AugusL`s showing.
In Lho firsL Lhird of SoLombor, t313 biIIion of businoss was
aIroady oxocuLod, buL rogrossion Lo Lho moan couId uL rossuro
on oxchangos` vaIuaLions. Thoir sharos aro Lrading aL 1u. Limos
osLimaLod oarnings, comarod wiLh a muILiIo of ,.8 for banks, and
havo hoId u roIaLivoIy woII in Lho asL 12 monLhs, ovon as ooraLors
cuL foos Lo sLom Lho Lido of businoss Ioaving for choaor rivaIs.
LSE sharos aro fIaL for Lho yoar, whiIo NYSE EuronoxL is off 16
or conL, and DouLscho Boorso 21 or conL. ThaL comaros wiLh
a dro of aImosL 4u or conL for banks, Lhoir main cIionLs, as
moasurod by Lho Eurooan banking socLor indox.
BuL wiLh comoLiLion showing no signs of cooIing in a markoL
characLorisod by Iow margins and unrodicLabIo voIumos, Lho
rogion`s sLock markoLs and Lho cuL-rico sLarL-us LhaL aro
chaIIonging Lhom Iook soL for a rough rido.
Stock Exchanges
Overvalued?
Portfolio
Observer
22
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April 1819. Iranois Cons|an|in |akcs rcsponsibili|v lor |hc worldwidc
busincss cxpansion ol Vachcron Cons|an|in. Durin a busincss |rip |o I|alv,
|his visionarv man coincd |hc phrasc which would bccomc |hc companv
mo||o in a lc||cr addrcsscd |o |hc manulac|urc: .o o.tt.r if iol., ooo t/ot
i oloo, iol. ..
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Holloor/ f C.o..o, .lf-oiooio o.c/ooicol o..o.ot
R.f. 85050.000R-IO221

Boutique
Mall of the Emirates, 1st Floor,
Sheikh Zayed Road, Dubai
Tel: 04 222 1222
UAE: Abu Dhabi, Al Fardan Jewellery, Al Fardan Tower,
Tel 02 674 5000 - Dubai, Al Fardan Jewels and Precious
Stones, City Center Tel: 04 295 3780
Emirates Towers 04 330 3262 - Burj Al Arab 04 348 4816
Saks Burjuman 04 351 1980
Distributor: Exclusive Agent:
DAMAS CUSTOMER SERVICE: 04 427 0336
Microsoft missed a couple of beats as professionals and
consumers began to spend more time on tablets and
smartphones to work and socialise. With Windows 8, Microsoft
aims at regaining the ground it has lost to Apple.
According to Gartner, sales of touch tablets will grow nearly four
times, to 69.8 per cent this year. Apples iPad has consistently
dominated the tablet market, with competitors coming and leaving
the market without affecting its growth. But its time the world got
an alternative to iPad. If Microsoft can take a significant bite of the
fast growing tablet market, it will boost the companys profit as well.
Windows is a huge force in the operating system market.
The company enjoys a market share of 90 per cent for desktop
operating systems. When Windows 8 will work with tablets, people
will want a device running on a Windows operating system.
Several vendors are lining up for the support of the Windows 8
tablet, with Samsung and Dell bringing it to the market. The price
will be driven by the hardware specs of the tablet. Different vendors
will create rival tablets to drive the competition in terms of specs
and prices. Apple has made it difficult for the vendors to buy the
hardware needed to make tablets in a large volume.
HowIoLL-Packard, DoII and
oLhor comanios LhaL soII
comuLor sorvors off Lho
shoIf aro Iosing saIos in a koy
markoL bocauso Iacobook and
Iargor rivaI GoogIo aro Ioading
a swiLch among inLornoL
comanios Lo do-iL-yoursoIf
sorvors. Thoso cusLomisod
machinos now accounL for 2u
or conL of Lho US markoL for
Microsoft Targets
Tablet Market
DIY Servers
Gain Ground
sorvors, which gonoraLod $31.
biIIion gIobaIIy IasL yoar.
Buyors say cusLom sorvors
rovido a choaor, moro
officionL way of mooLing Lho
boom in domand for orsonaI
daLa sharod via Lho wob. A IoL
of LhaL domand can bo moL by
Ioss oxonsivo machinos shorn
of Lho comononLs, ugrados
and backu sorvicos LhaL sorvor
makors LradiLionaIIy offor Lo
Iargo cororaLions.
Tho markoL for sorvors,
which incroasod aImosL 2u
or conL in Lho socond
quarLor, is ouLacing growLh
in doskLo PCs as comanios
ugrado Lhoir cororaLo
noLworks and sna u Lho
Lhousands of sorvors noodod
Lo run daLa conLros.
In ono indicaLion of Lho
growing domand for sorvors
LhaL aro boing buiIL from Lho
ground u, InLoI Cor said iLs
rovonuo from chis usod Lo
crafL sorvors for daLa conLros
surgod u or conL in Lho
socond quarLor.
InLoI`s undorsLanding
LhaL cIoud daLa conLros had
difforonL noods was koy Lo a
Lurnaround in markoL sharo.
Tho comany sharo of Lho
cIoud sorvor-chi markoL is
abovo u or conL from a Iow
of 3 or conL in 2uu,.
Iacobook and oLhor
comanios` domands for LaiIor-
mado machinos Ioavo sorvor
makors wiLh a diIomma: go
afLor buiId-Lo-ordor markoL
and accoL Iowor rofiLs, or
Ioso cusLomors and roIovanco.
Portfolio
Observer
24
Microsoft CEO, Steve Ballmer
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The Magic of Steve Jobs
ANDREW POTTER
LM>O>CH;LLM>II>==HPG:L
CEO of AIo on AugusL 24, jusL wooks
afLor his comany surassod Exxon MobiI
Lo bocomo Lho mosL vaIuabIo cororaLion
in Lho worId. YoL for aII his succoss as a
businoss oxocuLivo, Jobs` mosL onduring
Iogacy is noL as a cororaLo buL as a
cuILuraI visionary.
Irom Lho iPod Lo Lho iPhono Lo Lho iPad,
AIo roducLs havo insLaIIod LhomsoIvos
in Lho conLomorary croaLivo cIass, sorving
as a virLuaI synonym for noLworkod
indoondonco and sLyIish non-conformiLy.
SLovo Jobs is orhas Lho mosL succossfuI
brand managor in hisLory, and ho did iL,
aradoxicaIIy, by ombracing Lho rociso
cororaLo vaIuos Lo which Lho AIo brand
idonLiLy is osLonsibIy oosod.
Think back Lo Lho famous '184`
commorciaI LhaL LrumoL-bIasLod
Lho arrivaI of Lho MacinLosh
comuLor. Boforo Iogions
of drono-Iiko workors
arrangod in ordorIy rows, Big
BroLhor aoars on a gianL
viowscroon, addrossing Lho
crowd: 'Today, wo coIobraLo
Lho gIorious annivorsary of Lho
InformaLion PurificaLion DirocLivos.
Wo havo croaLod, for Lho firsL Limo in aII
hisLory, a gardon of uro idooIogy. Whoro
oach workor may bIoom socuro from Lho
osLs of conLradicLory and confusing
LruLhs. Our UnificaLion of ThoughLs is
moro oworfuI a woaon Lhan any fIooL
or army on EarLh. Wo aro ono ooIo,
wiLh ono wiII, ono rosoIvo, ono causo. Our
onomios shaII LaIk LhomsoIvos Lo doaLh
and wo wiII bury Lhom wiLh Lhoir own
confusion. Wo shaII rovaiI!`
WhiIo Lho '184` ad ran onIy onco,
during Suor BowI XVIII, iL naiIod
AIo`s idooIogicaI coIours Lo Lho masL.
Evor sinco, Lho brand has sLood as Lho
dofiniLivo sLaLomonL of Lho roboI soII:
Lho individuaIisod rosisLanco of oIiLicaI
auLhoriLarianism and cuILuraI conformiLy
Lhrough Lho adoLion of non-sLandard
consumor goods.
LBG<>MA> 'Big BroLhor` ad, a succossion
of comanios havo cycIod Lhrough Lho
LyicaI Iifosan from sLarLu Lo Iumboring
cororaLo bohomoLh - MicrosofL, GoogIo
and now Iacobook - and oach Limo, Lhoy
havo found LhomsoIvos criLicisod for aII
mannor of monooIisLic acLiviLios.
BuL iL is worLh omhasising LhaL Lho
oxisLonco of sLandards in Lho comuLor
indusLry is, by and Iargo, Lho consoquonco
of choicos LhaL ooIo havo
voIunLariIy mado. NoLwork
offocLs, whoro a dovico,
aIicaLion, or ooraLing
sysLom goLs incroasingIy
usofuI as moro and moro
ooIo adoL iL, aro
oxLromoIy oworfuI,
and moroIy
undorscoro Lho facL LhaL noL aII uniformiLy
is a bad Lhing.
YoL Lhoro is ono Lhing LhaL Lho '184`
commorciaI gIossos ovor, which is Lho facL
LhaL Lhoro is no 'InformaLion PurificaLion
DirocLivo` in our socioLy. Or aL IoasL Lhoro
wasn`L unLiI SLovo Jobs camo aIong. Moro
Lhan any oLhor comany in Lho indusLry,
AIo oxorLs a Lromondous amounL of
conLroI ovor iLs cusLomors` usor oxorionco.
Irom Lho LoLhoring of Lho iPod Lo a socific
iTunos accounL Lo Lho way AIo joaIousIy
guards aIicaLions (and honco, conLonL)
for Lho iPhono, Lho AIo ocosysLom has
bocomo iLs own 'gardon of uro idooIogy.`
And Lhoroin Iios Lho aradox of AIo
undor SLovo Jobs, and Lho koy Lo his
comany`s unboIiovabIo succoss. Ior Lho
asL quarLor conLury, AIo has roLainod
iLs crodibiIiLy as Lho fIagshi brand of
Lochno-cuILuraI cooI, ovon as iL LroaLs iLs
cusLomors wiLh a aLornaIisLic aLLiLudo.
Why doos AIo goL away wiLh iL? Tho
roason is LhaL AIo roducLs mako Lhoir
usors fooI froor Lhan Lhoy do whon Lhoy aro
using oLhor ooraLing sysLoms, comuLors,
or dovicos. Tho mosL saIionL foaLuro of
AIo roducLs is LhaL Lhoy work.
ArLhur C. CIarko famousIy wroLo LhaL
any sufficionLIy advancod LochnoIogy is
indisLinguishabIo from magic. This, Lhon,
is Lho dooIy ironic magic LhaL SLovo Jobs
has conjurod: Lhrough rigid conLraIisaLion
of dosign and sLricL conLroI ovor Lho
usor oxorionco, AIo has onabIod a
dooor froodom for iLs cusLomors - Lho
froodom LhaL comos from a LochnoIogy
LhaL onhancos Lho scoo of choico and
oorLuniLy in our Iivos, whiIo Iayoring
iLsoIf, aImosL invisibIy uon Lho ooraLing
sysLom of our worId.
World class
spine care -
now within
your reach
M
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Al Safa 2, Sheikh Zayed Road South, P.O. Box 126091, Dubai, UAE
Tel: +971 4 304 6767 Fax: +971 4 304 6776 E: info@wsc.ae
www.wsc.ae
Working Hours: Sunday to Thursday from 8:00am - 5:00pm
Saturday: 9:00am - 2:00pm
World-leading Specialist Spine Centre now in the UAE Mubadala Healthcare has partnered with Wooridul Spine Hospital
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A CENTURY OF
Torsten Mller-tvs, the CEO of
Rolls-Royce, has plenty to smile
about. The company weathered
the recession well, sales are up,
and the Asian market is growing.
Plus he sees the brand, although
it is already at the pinnacle of
exclusive motoring, as having
even more potential, reports
Nick Cooper.
ECSTASY
28
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October 2011
On Lho road in fronL, Lowis HamiILon
is orforming burnouLs and doughnuLs
in a McLaron I1 car. To my righL is
miIIionairo broadcasLor Chris Evans and
his goIfor wifo and Lo my IofL, a soIocLion
of anonymous biIIionairos. This can onIy
bo Lho UK`s Goodwood IosLivaI of Sood.
SLarLod in 13, Lho fosLivaI is hoId oach
yoar aL Goodwood Houso, Lho famiIy soaL
of Lord March, and aLLracLs Lho groaL, Lho
good, Lho occonLric - and ovoryLhing in
boLwoon - from Lho worId of moLoring.
I am aL Lho RoIIs-Royco MoLor Cars
hosiLaIiLy chaIoL waLching Lho 'Moving
MoLor Show`, a arLicuIar highIighL in Lho
fosLivaI`s schoduIo. Irom our riviIogod
vanLago oinL a soomingIy ondIoss arado
of cIassic moLoring hisLory roars asL and
disaoars ovor Lho hiII and ouL of sighL.
A firo-siLLing Iorrari 288 GTO horo, a
Porscho ,18 RS 61 drivon by racing Iogond
Sir SLirIing Moss Lhoro. Camoras cIick,
ooIo oinL and grown mon rogross Lo
chiIdhood. AfLor a whiIo, I join TorsLon
MuIIor-OLvos indoors Lo LaIk. Tho Gorman
CEO of RoIIs-Royco MoLor Cars is oxacLIy
whaL you`d oxocL. CuLLing a daor figuro,
ho is oIoganLIy LaiIorod, comosod and
arLicuIaLo. Ho is aIso grinning from oar Lo
oar. IL Lurns ouL Lho hoad of Lho worId`s
mosL rosLigious car marquo is aIso a
schooIboy oLroIhoad aL hoarL.
IL`s amazing. UnboIiovabIo,` ho gushos,
shouLing Lo bo hoard as yoL anoLhor
cIassic vohicIo roars asL. IL`s ono of Lho
froakiosL moLor shows I havo ovor soon
in my Iifo! RoaIIy. Tho burning Lyros
and aII LhaL sLuff - comIoLoIy crazy.`
IL`s obvious LhaL ho Iovos iL. RoIIs-Royco
MoLor Cars has boon invoIvod wiLh Lho
IosLivaI of Sood sinco iL firsL oonod a
Vintage Rolls-Royce vehicles on display at the Goodwood Festival of Speed. The three
day event attracts up to 150,000 motoring fans.
Above, the limitless blue skies.
now assombIy IanL in Lho grounds of Lho
Goodwood osLaLo 11 yoars ago. This yoar,
Lho comany is a hoadIino sonsor again.
MuIIor-OLvos undorsLands Lho imorLanco
of Lho fosLivaI in Lho inLornaLionaI
moLoring caIondar and is a vocaI advocaLo
of boing invoIvod. Evory yoar wo do iL -
our guosLs Iovo iL, our cIionLs Iovo iL. Wo
inviLod cIionLs from aII ovor Lho worId.
WhaL you`ro doing is Iaying your cars,
your brand, in a roor way. IL`s a hoIiday
aLmoshoro. Wo inviLo sociaI guosLs, wo
inviLo cusLomors, wo inviLo ross and iL`s
a vory roIaxing onvironmonL.`
Tho CEO is in a fairIy roIaxod form
himsoIf. Sinco Laking ovor Lho hoIm in
30
Portfolio
31
iLs iIIusLrious asL. In Iobruary 2u11, Lho
comany coIobraLod Lho 1uuLh annivorsary
of Lho SiriL of EcsLasy - Lho fIying Iady
mascoL croaLod by CharIos Robinson Sykos
- which adorns Lho fronL of aII iLs modoIs.
Tho sLory of iLs croaLion has aII Lho
ingrodionLs of a romanLic novoI. Lord
MonLagu of BoauIiou, a LiLIod arisLocraL,
foII in Iovo wiLh his socroLary, EIoanor
VoIasco ThornLon, againsL aII Lho
sociaI moros of Lhoir Limo. MonLagu
commissionod his friond Sykos Lo scuIL
a orsonaI mascoL for Lho bonnoL of his
RoIIs-Royco SiIvor GhosL and ho choso
ThornLon as his muso. Tho sLory has a
Lragic oIomonL Loo. Tho shi MonLagu
and ThornLon woro LravoIIing on - Lho
LLI^klbZ - sank off Lho coasL of CroLo on
iLs way Lo India in 11 and sho diod, four
yoars afLor boing immorLaIisod as
Lho SiriL of EcsLasy.
To coIobraLo Lhis sociaI miIosLono in
iLs hisLory, RoIIs-Royco commissionod
Lho hoLograhor Rankin Lo roduco 1uu
icLoriaI inLorroLaLions of iLs mascoL.
Tho Rankin: SiriL of EcsLasy coIIocLion
wiII ovoIvo organicaIIy ovor Lho noxL fow
monLhs, incororaLing a varioLy of Lhomos
as arL of Rankin`s oxIoraLion of Lho
conLomorary SiriL of EcsLasy.
In addiLion Lo Rankin`s arLisLic
2u1u, Lho Iuxury car-makor has rosorod.
Ho says LhaL 2,,uu RoIIs-Royco vohicIos
woro soId IasL yoar, buL is quick Lo oinL
ouL LhaL ho doosn`L Iay Lho numbors
gamo. Our comany isn`L vory much inLo
voIumos,` ho oxIains. Our businoss is
rofiLabiIiLy. I nood Lo doIivor nico monoy
back Lo Lho BMW Grou in Munich. And
wo aro doIivoring quiLo a nico amounL of
monoy Lo Munich,` ho Iaughs.
Ah yos, Munich. AL ono Limo iL was
unLhinkabIo, Lho mosL BriLish of brands
boing ownod by a Gorman rivaI. BuL, for
13 yoars, RoIIs-Royco MoLor Cars has
boon a whoIIy-ownod subsidiary of Lho
Bavaria-basod BMW Grou afLor iL was
boughL from formor ownors Vickors for
$38 miIIion in 18. RoIIs-Royco has
rosorod undor iLs now ownorshi.
Ono Iargo advanLago Lho brand has now
is Lho abiIiLy Lo Iovorago Lho oconomios
of scaIo and LochnicaI know-how of iLs
aronL comany. SomoLhing LhaL MuIIor-
OLvos says Lhoy wouId bo mad` noL Lo
do. Ior insLanco, Lho 12-cyIindor onginos
wo aro buiIding in our cars aro basod,
by which I moan iLs baso comononLs,
on BMW onginos. BuL Lhoy`ro hoaviIy
modifiod: difforonL disIacomonL,
crankshafL, cyIindor hoads, and so on -
aII Lhoso aro LyicaI RoIIs-Royco. IL`s in
Lho Lruo LradiLion of Lho brand. Honry
Royco said: 'Tako Lho bosL, mako iL ovon
boLLor and if you can`L find iL, onginoor iL
yoursoIf.` And LhaL is Lho hiIosohy wo`ro
working Lo Loday.`
:EMAHN@AKHEEL&KHR<>
vohicIos Loday aro assombIod in Lho
saco-ago aLmoshoro of iLs Goodwood
IanL, Lho now ownors havon`L forgoLLon
The Spirit of Ecstasy emblem, which was
created in 1911, is also known as Emily,
Flying Lady and Silver Lady.
Torsten Mller-tvs (left) briefs
journalists at the Goodwood Festival of
Speed about Rolls-Royces latest plans.
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LhaL Lho marquo doosn`L havo any
oLhor car comanios as comoLiLors,
oxIains MuIIor-OLvos. IL`s funny.
Wo havo difforonL sorL of comoLiLors.
Our comoLiLion is jowoIIory, Lho arLs,
hoIicoLors, joLs or ooIo Iooking for a
now famiIy houso or a vacaLion homo.
Our cIionLs usuaIIy havo a hugo array of
cars, from oighL u Lo 1u; somo of Lhom
ovon havo u Lo 1u cars in Lhoir garagos.
So, for LhaL roason iL`s novor a docision of,
'shaII I go for LhaL car or for Lhis car?` Thoy
buy boLh cars. Wo aro noL in a LyicaI car
comoLiLion, buL in a comoLiLion of: 'On
whaL do I sond my monoy?``
To onsuro dosirabiIiLy and domand
from such a gIobaI noLwork of high noL
worLh cIionLs, RoIIs-Royco`s hiIosohy
is Lo mako ono Ioss car Lhan iL can soII. I
commission, Lho comany aIso markod
Lho 1uu-yoar annivorsary by announcing
1uu sociaI odiLion PhanLom modoIs.
CaIIod 'Tho SiriL of EcsLasy CoIIocLion`,
Lho 1uu woro snaod u by coIIocLors
immodiaLoIy afLor Lho inLonL Lo buiId Lhom
was announcod. A cIoar oxamIo of Lho
marquo`s rouLaLion and uIIing owor!
NoL LhaL Lho car businoss is aII good nows
Lhough. No maLLor how high u in Lho food
chain, Lho LhroaL of rocossion hangs ovor aII
manufacLurors, jusL as in oLhor indusLrios.
Tho roconL oconomic crisis aIso affocLod
RoIIs-Royco, admiLs MuIIor-OLvos, buL ho
says Lhoy woro Iucky, aII Lhings considorod.
Wo saw a downLurn of 1, or conL |of LoLaI
gIobaI saIos voIumo] in 2uu comarod
Lo 2uu8, which is, givon LhaL oLhors havo
soon u Lo u Lo 6u or conL dros, quiLo
ok.` WhiIo ho agroos LhaL 2uu was a
difficuIL Limo, ho counLors LhaL 2u1u was
a vory difforonL sLory. Wo camo back vory
sLrongIy,` ho says. A big arL of LhaL was
Lho inLroducLion of Lho GhosL modoI, a
dovoIomonL LhaL has rovon ouIar and
hoIod iL Lo incroaso voIumos. Moro nico`
monoy is onco again roIIing back Lo Bavaria.
M:EDBG@H? monoy, ovoryono knows
LhaL or conL of Lho worId`s ouIaLion
can`L afford RoIIs-Roycos. This moans
Torsten Mller-tvs at the Goodwood
Festival of Speed. Rolls-Royce is a
headline sponsor of the event.
Goodwood Estate, in West Sussex, is a
major sport and leisure venue. The Rolls-
Royce Motor Cars manufacturing plant
and global headquarters is located on the
south end of Goodwood Estate.
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London Las Vegas Dubai Moscow
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am noL uming cars inLo Lho markoL,`
says MuIIor-OLvos. VoIumo, of courso,
is nocossary as oLhorwiso you won`L oarn
monoy. BuL aL RoIIs-Royco iL`s noL a raco
Lo achiovo Lhis amounL of voIumo or LhaL
amounL of voIumo. ThaL`s noL our gamo.
AIso, our cusLomors don`L Iiko Lo soo Lho
brand, IoL`s say, boing orcoivod as voIumo-
drivon. Wo aro highIy oxcIusivo, you don`L
wanL Lo soo a RoII-Royco on ovory singIo
sLrooL cornor.` Ho Iikons Lho comany`s
ouLuL Lo a smaII, yoL rocious dro in
Lho ovoraII auLomoLivo businoss ocoan.
OLhorwiso, ho says, Lho brand wiII Ioso iLs
Iaco aL Lho innacIo of Lho indusLry.
A koy facLor for RoIIs-Royco`s fuLuro
growLh aro Lho omorging markoLs and
an inLonL Lo incroaso iLs saIos fooLrinL
inLornaLionaIIy. Tho facL LhaL Lhoro aro
Lwo Chinoso guosLs onjoying iLs hosiLaIiLy
aL Goodwood soaks for iLsoIf. WhiIo Lho
US sLiII romains Lho firm`s numbor ono
saIos markoL, China is growing raidIy in
imorLanco for Lho comany. CurronLIy, Lho
Asian gianL is RoIIs-Royco`s socond-IargosL
markoL, aILhough iL`s suroIy jusL a maLLor of
Limo boforo Lho dragon usurs Lho oagIo.
ILs bosoko sorvico is roviding anoLhor
goLLing a drinks cabinoL in or whaLovor, I
musL say no. AII Lho rosL is ossibIo.`
:LMH Lho fuLuro, MuIIor-OLvos is
corLain Lhoro`s moro oLonLiaI for Lho
brand in Lho worId markoL. Ho wouId
aIso Iiko Lo oxLond Lho modoI rango ovor
Lho noxL fow yoars. I am convincod
LhaL RoIIs-Royco noods Lo Iook inLo
aILornaLivo drivoLrains. Ior a IoL of
markoLs, iL`s dofiniLoIy somoLhing wo
nood Lo invosLigaLo.` Tho comany
has boon disIaying iLs oxorimonLaI
1u2EX - an oIocLricaIIy oworod
PhanLom - during Lho fosLivaI and iL is a
roasonabIo assumLion LhaL iL couId bo
avaiIabIo somoLimo in Lho noar fuLuro.
Tho comany`s Iong-Lorm rosocLs is
of groaL imorLanco Lo iLs CEO. I wanL Lo
Ioad Lhis brand in a rosorous and groaL
fuLuro whiIo mainLaining RoIIs-Royco aL
Lho innacIo osiLion whoro iL is. Thoro is
no boLLor car brand. Nobody oIso is soIIing
moro cars in Lho sogmonL ovor t2uu,uuu.
NoL Iorrari, noL BonLIoy, noL BugaLLi -
onIy RoIIs-Royco. And LhaL shows you how
rosLigious Lho brand is. And LhaL`s whoro
I wanL Lo koo iL.`
koy growLh aroa. Tho abiIiLy Lo orsonaIiso
iLs cusLomor`s cars is aying dividonds
and iL has a sociaIisL bosoko aroa wiLhin
Lho Goodwood IanL LhaL showcasos Lho
myriad oLions avaiIabIo. If you ay a
nico amounL of monoy for a car, you can
chaIIongo us,` says MuIIor-OLvos. As Iong as
iL`s wiLhin roason - IoaLhorwork, ainLjobs,
a cusLomisod icnic soL or ombroidory -
iL can bo dono. Wo do ovoryLhing LhaL
cusLomors Iovo Lo do. Thoro`s onIy ono
oxcoLion and LhaL is socuriLy and safoLy-
roIaLod. If somobody wouId ask us Lo goL
Lho airbags ouL of Lho car for Lho sako of
The Rolls-Royce 102EX is an electrically powered Phantom that may go into production.
WE ARE NOT IN
A TYPICAL CAR
COMPETITION, BUT IN
A COMPETITION OF: ON
WHAT DO I SPEND MY
MONEY?
October 2011
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From left: Claire Cardie,
Myle Ott and Jeffrey
Hancock, Cornell
University researchers
who recently published
a paper about creating
a computer algorithm
for detecting fake
reviewers.
BGM>GLH?FBEEBHGLH?K>OB>PL
on wobsiLos Iiko Amazon.com, CiLysoarch,
TriAdvisor and YoI, now books aro
boLLor Lhan ToIsLoy, rosLauranLs aro
undiscovorod goms and hoLoIs surass Lho
RiLz. Or so Lho roviowors say. As onIino
roLaiIors incroasingIy doond on roviows
as a saIos LooI, an indusLry of fibbors and
romoLors has srung u Lo buy and soII
ravos for a iLLanco.
Ior $, I wiII submiL Lwo groaL
roviows for your businoss,` offorod ono
onLroronour on Lho hoI-for-hiro siLo
Iivorr, ono of a muILiLudo of simiIar
iLchos. On anoLhor forum, DigiLaI PoinL,
a osLor wroLo, I wiII ay for osiLivo
foodback on TriAdvisor.` A CraigsIisL
osL roosod Lhis: If you havo an acLivo
YoI accounL and wouId Iiko Lo mako vory
Thanks to the internet word-of-mouth has gone mainstream through reviews posted on
websites. But that has also resulted in an industry that churns out positive reviews for a
price, reports David Streitfeld.
SELLING GOOD REVIEWS
oasy monoy Ioaso rosond.`
Tho boundIoss domand for osiLivo
roviows has mado Lho roviow sysLom an
arms raco of sorLs. As moro fivo-sLar
roviows aro handod ouL, ovon moro fivo-
sLar roviows aro noodod. Iow wanL Lo risk
boing IofL bohind.
Sandra Parkor, a frooIanco wriLor who
was hirod by a roviow facLory Lhis sring
Lo um ouL Amazon roviows for $1u
oach, said hor insLrucLions woro simIo.
Wo woro noL askod Lo rovido a fivo-
sLar roviow buL wouId bo askod Lo Lurn
down an assignmonL if wo couId noL givo
ono,` said Parkor, whoso briof noLicos
for a dozon momoirs aro sLuffod wiLh
suorIaLivos Iiko a musL-road` and a
IifoLimo`s worLh of wisdom.`
DoLormining Lho numbor of fako
roviows on Lho wob is difficuIL. BuL iL is
onough of a robIom Lo aLLracL a Loam
of CornoII rosoarchors, who roconLIy
ubIishod a aor abouL croaLing a
comuLor aIgoriLhm for doLocLing fako
roviowors. Thoy woro insLanLIy aroachod
by a dozon comanios, incIuding Amazon,
HiILon and sovoraI LravoI siLos, aII of which
havo a sLrong inLorosL in IimiLing Lho
sroad of bogus roviows.
Tho whoIo sysLom faIIs aarL if mado-u
roviows aro givon Lho samo woighL as honosL
onos,` said ono of Lho rosoarchors, MyIo OLL.
Among Lhoso sooking ouL OLL, a 22-yoar-oId
Ph.D. candidaLo in comuLor scionco, afLor
Lho sLudy was ubIishod was GoogIo, which
askod for his rosumo, ho said.
Linchi Kwok, an assisLanL rofossor aL
Syracuso UnivorsiLy who is rosoarching
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sociaI modia and Lho hosiLaIiLy indusLry,
oxIainod LhaL as inLornoL shoing has
bocomo moro sociaI,` wiLh cusLomor
roviows an ossonLiaI arL of Lho saIos
iLch, markoLors aro roaIising Lhoy musL
waLch ovor Lhoso oinions as much as Lhoy
manago any oLhor markoLing camaign.
Evoryono`s Lrying Lo do somoLhing Lo
mako LhomsoIvos Iook boLLor,` ho said.
Somo of Lhom, if Lhoy cannoL
gonoraLo auLhonLic roviows, may
hiro somobody Lo do iL.`
Wob roLaiIors aro awaro of Lho
widosroad mood of coIobraLion
among Lhoir roviowors, ovon if
Lhoy aro roIucLanL Lo discuss iL.
Amazon, Iiko oLhor roviow siLos,
says iL has a roondoranco of
osiLivo roviows bocauso of a
foodback Ioo: ProducLs wiLh
high-sLar raLings soII moro, so
Lhoy goL moro roviows Lhan
roducLs wiLh oor raLings. BuL
Lhoy aro concornod abouL Lho
inLogriLy of Lhoso roviows. Any
ono roviow couId bo somoono`s
bosL friond, and iL`s imossibIo
Lo LoII LhaL in ovory caso,` said
RussoII Dickor, Amazon`s
dirocLor of communiLy. Wo aro
conLinuing Lo invosL in our abiIiLy
Lo doLocL Lhoso robIoms.`
Tho CornoII rosoarchors LackIod
whaL Lhoy caII docoLivo oinion
sam by commissioning frooIanco
wriLors on MochanicaI Turk, an Amazon-
ownod markoLIaco for workors, Lo roduco
4uu osiLivo buL fako roviows of Chicago
hoLoIs. Thon Lhoy mixod in 4uu osiLivo
TriAdvisor roviows LhaL Lhoy boIiovod
woro gonuino and askod Lhroo human
judgos Lo LoII Lhom aarL. Thoy couId noL.
Wo ovoIvod ovor 6u,uuu yoars by
LaIking Lo oach oLhor faco Lo faco,` said
Joffroy Hancock, a CornoII rofossor of
communicaLion and informaLion scionco
who workod on Lho rojocL. Now wo`ro
communicaLing in Lhoso virLuaI ways.
IL fooIs Iiko iL is much hardor Lo ick u
cIuos abouL docoLion.`
So Lho Loam dovoIood an aIgoriLhm Lo
disLinguish fako from roaI, which workod
abouL u or conL of Lho Limo. Tho fako
roviowors Londod Lo wriLo narraLivos LaIking
abouL Lhoir oxorionco aL Lho hoLoI using a
IoL of suorIaLivos, buL Lhoy woro noL vory
good on doscriLion. NaLuraIIy: Thoy had
novor boon Lhoro. InsLoad, Lhoy LaIkod abouL
why Lhoy woro in Chicago. Thoy aIso usod
words Iiko 'I` and 'mo` moro froquonLIy, as if
Lo undorIino Lhoir own crodibiIiLy.
How far a businoss wiII go Lo goL a good
roviow is a bIurry Iino. A high-ond EngIish
hoLoI, Tho Covo in CornwaII, was roconLIy
accusod in Lho BriLish modia of soIiciLing
guosLs Lo osL an honosL buL osiLivo
roviow` on TriAdvisor in oxchango for a
fuLuro discounL of 1u or conL. NoarIy aII
Lho roconL roviows of Lho Covo aro gIowing
oxcoL for Lho ono hoadIinod, SadIy IoL
down by ovorhyod roviows.`
Tho hoLoI said iL was a IoyaILy schomo
LhaL was boing misconsLruod. TriAdvisor,
Lhough, osLod a warning abouL Lho Covo`s
favourabIo noLicos on iLs ago for Lho
hoLoI. Tho siLo docIinod Lo say how ofLon iL
has had Lo osL such cavoaLs.
?HNG=>=** yoars ago, TriAdvisor
novor oxocLod Lo soo so many osiLivo
roviows. Wo woro worriod iL was going Lo
bo a grio siLo,` said Lho chiof oxocuLivo,
SLohon Kaufor. Who Lho hock wouId
boLhor Lo wriLo a roviow oxcoL
Lo comIain?` InsLoad, Lho
avorago of Lho u miIIion roviows
is 3., sLars ouL of fivo, bordoring
on oxcoLionaI buL LyicaI of
roviow siLos.
NogaLivo roviows aIso abound
on Lho wob; Lhoy aro ofLon osLod
on rosLauranL and hoLoI siLos by
businoss rivaIs. BuL as Trovor
Pinch, a socioIogisL aL CornoII
who has jusL ubIishod a sLudy
of Amazon roviowors, said,
Thoro is dofiniLoIy a bias Loward
osiLivo commonLs.`
Pinch`s inLorviows wiLh moro
Lhan a hundrod of Amazon`s
highosL-rankod roviowors found
LhaL onIy a fow ovor wroLo
anyLhing criLicaI. As ono roviowor
uL iL, I rofor Lo raiso Lho onos
I Iovo, noL damn Lho onos I did
noL!` Tho facL LhaL jusL abouL aII
Lho Lo roviowors in his sLudy
said Lhoy goL froo books and oLhor
maLoriaI from ubIishors and
oLhors soIiciLing good noLicos may havo aIso
had somoLhing Lo do wiLh iL.
Evon if you goL a faiIing grado or Lwo,
aII is noL IosL. DoL-coms Iiko Main SLrooL
Hub manago Lho rouLaLions of smaII
businossos for a fixod foo.
A courLoous rosonso Lo a nogaLivo
roviow can orsuado Lho roviowor Lo
chango Lhoir roviows from Lwo Lo Lhroo
or four sLars,` said Main SLrooL`s chiof
oxocuLivo, Androw AIIison. ThaL`s ono of
Lho highosL vicLorios a IocaI businoss can
asiro Lo wiLh rosocL Lo Lhoir criLics.` Tho
rosuIL, ho said: IL`s Iiko Lako Wobogon.
Evoryono is abovo avorago.`
THE NEW YORK TIMES Source: Myle Ott (Natural Language Processing Group, Cornell Univ.)
Is That Review a Fake?
Deceptive reviews on the Web can be very hard even for experts to
identify as fake. A team of researchers at Cornell University has been
developing sophisticated automated methods to detect them, based
on analysis of the text. Here are some of the features that their
algorithm looks for, using this example of a fake hotel review.
STRONG DECEPTIVE INDICATORS
SLIGHT
DECEPTIVE
INDICATORS
My husband and I stayed in the [hotel name] Chicago and had a very
nice stay! The rooms were large and comfortable. The view of Lake
Michigan from our room was gorgeous. Room service was really good
and quick, eating in the room looking at that view, awesome! The pool
was really nice but we didnt get a chance to use it. Great location for all
of the downtown Chicago attractions such as theaters and museums.
Very friendly staff and knowledgable, you cant go wrong staying here.
A focus on who
they were with
In this example,
My husband; also
words like family.
Greater use of
rst-person
singular
Fake reviews tend
to use I and me
more often.
Direct mention of where
they stayed
Hotel and city names were less
common in truthful reviews,
which focus more on details
about the hotel itself, like small
or bathroom.
High
adverb use
Very and
really are
both used
twice; here
is used once.
High verb use
Get, go, use,
cant, didnt,
eating, had,
looking,
stayed, was
(three times),
were.
Use of ! and
positive emotion
Deceptive reviews
tend to use
exclamation points,
while truthful reviews
used more
punctuation of other
kinds, including $.
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OUTBACK GOLD FEVER
The surging gold price is tempting an increasing number of Australians into
giving up their jobs to pan for gold, reports Matt Siegel.
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Gold prospectors Marco Nero, left, and Dean Eisler with a collection of their gold nuggets at the Miners Den, a mining equipment
store in Parramatta, Australia.
I
HNKR>:KL:@H%F:K<H
Nero was on lo of lhe worId. He
was earning more lhan $1 miIIion
working as a fiIm effecls designer for some
of lhe worId`s mosl resligious digilaI
animalion houses. His mind, however,
was eIsewhere.
Nero, 4u, was increasingIy sending
his office hours ouring over websiles for
anylhing he couId find aboul an unIikeIy
subjecl. goId. Like Humhrey Bogarl`s
characler in lhe cIassic 148 fiIm Ma^
Mk^Zlnk^h_ma^Lb^kkZFZ]k^, he now
reaIises lhal he was deveIoing a fuII-
bIown case of goId fever, a condilion whose
genesis he lraces lo a lri lo a rosecling
suIy sho in lhe Sydney area.
I haened lo laIk lo lhe genlIeman
lhal was behind lhe counler, and he
showed me a ,-gramme goId nuggel he
had and il was a beaulifuI iece. I heId
lhal in my hand, he said. I was robabIy
hooked al lhal oinl. ShorlIy lhereafler,
desile rolesls from friends and famiIy,
he quil his job lo hunl for goId.
GoId rices are u 23 er cenl since
lhe beginning of lhis year aIone. As a
resuIl, more and more eoIe are giving
u Iucralive jobs in cilies in AuslraIia for a
chance al lhe quick riches and advenlure
offered by oId-fashioned rosecling.
AuslraIia is lhe worId`s second-biggesl
roducer of goId, afler China. Domeslic
mines roduced 266 lonnes al a vaIue
of 12 biIIion AuslraIian doIIars ($12.42
biIIion) in 2u1u, lhe consuIling firm
Surbilon Associales said in ils Ialesl
survey of lhe AuslraIian goId mining
induslry. By comarison, lhe Uniled
Slales roduced 24u lonnes in 2u1u.
An infIux of oul-of-lowners lo rosecl
in AuslraIia has been a boon for smaII-
business owners in former goId rush
lowns, many of which have faIIen on hard
limes in recenl years. Take, for examIe,
lhe liny oulback hamIel of Mudgee, aboul
2,4 kiIomelres norlhwesl of Sydney.
In 181 il had a ouIalion of jusl 2uu,
before baIIooning lo 2u,uuu afler lhe
discovery of goId in nearby Hargraves,
which was ground zero for lhe firsl goId
rush in lhe hislory of New Soulh WaIes.
Bul lhe forlunes of Mudgee fIagged aIong
wilh goId rices in lhe Iasl cenlury. Young
eoIe moved lo lhe cilies in search of
sleady work, whiIe unishing droughls
drove away farmers. Today, lhere are jusl
8,uuu eoIe sread sarseIy aIong IoneIy
slreels buiIl for more lhan lwice lhal
many inhabilanls.
SIowIy bul sureIy lhal has begun lo
change, said Kim EIIis, 4,. She and
her arlner, LincoIn Parsons, are lhe
rorielors of Nuggels Irom Down
Under, a rosecling suIy sho in
Mudgee. EIIis says lhal she has seen
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going rosocLing fuII Limo.` Iour may
noL sound Iiko a IoL, buL for a Lown Iiko
Mudgoo, ovory now addiLion is noLicod -
and woIcomo.
PooIo havo novor boon roaIIy gamo
onough Lo IoL go of Lhoir socuriLy of having
Lhoir job and Lhoir homo,` EIIis said. BuL
whaL I`m sooing is IifosLyIo chango and
LhaL Lhis is somoLhing whoro you can
acLuaIIy mako monoy. IL can bo a Iifo-
changing ovonL. AII you nood is a nuggoL,
and iL`s a Iifo-changing ovonL.`
?HKLHF>% Lho Iook and fooI of
rosocLing has changod IiLLIo sinco Lho
groaL goId rushos of Lho 1Lh conLury:
sLick a corrugaLod an in a shaIIow
crook, sifL and hoo. BuL for Lho moro
discorning rosocLor, high-LochnoIogy
moLaI doLocLors Iiko Lho MinoIab GPX
48uu - abouL $6,uuu - rovido LhaL oxLra
advanLago whon hunLing for Lho goId LhaL
may bo jusL boIow Lho surfaco of Lho rough
soiI in Lho OuLback.
Tho gIobaI financiaI crisis and a
gonoraI riso in commodiLy ricos - oiI
and food, in arLicuIar - aro Lho major
facLors roing u goId ricos, anaIysLs
say. RoconLIy, Lho disuLo in Lho UniLod
SLaLos ovor Lho doficiL coiIing and Lho
downgrading of Lho dobL raLing by
SLandard & Poor`s havo romLod an
incroaso in Lho rico of goId as invosLors
havo soughL ouL an invosLmonL LhaL is a
LradiLionaI havon. VoIaLiIo sLock markoLs
moro now arrivaIs waIk Lhrough hor
sho in Lho IasL six monLhs Lhan in Lho
rovious fivo yoars - and LhaL is wiLhouL
counLing Lho hugo numbor of wookond
warriors and hobbyisLs.
As goId ricos aro incroasing, LhaL`s
incroasing Lho inLorosL in goId bocauso of
Lho monoLary vaIuo buL aIso bocauso of Lho
IifosLyIo,` sho said. In Lho IasL six monLhs
I`vo soon robabIy four ooIo - LhaL`s jusL
invoIvod wiLh my sLoro - four ooIo LhaL
aro quiLLing Lhoir jobs, soIIing u and
Gold nuggets and items found by prospectors Nero and Eisler. Thanks to the high gold price it is now far more viable to make a living
from prospecting.
One defining feature of the current gold rush,
many say, is the age of those joining up. Whereas
prospecting for gold has traditionally been a hobby
associated with the elderly, many of those moving
out to the country are well below retirement age.
Hand-wound in-line movement, 18K red
gold case set with diamonds. Sapphire
crystal sides and back.
Hand-engraved gold CORUM baguette-
shaped movement
www.corum.ch
Portfolio
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u, and I Lhink LhaL`s mainIy bocauso
of Lho rico of goId,` said Doan EisIor,
vico rosidonL of Lho ProsocLor`s Homo
ProsocLing CIub in Sydnoy, which runs
ackago Lours Lo rosocL for goId.
Brian Dumosny, a 46-yoar-oId miIiLary
conLracLor from Lho ciLy of TownsviIIo,
QuoonsIand, in Lho norLhorn AusLraIian
Lroics, corLainIy fiLs LhaL biII. A broaku
wiLh a arLnor hoIod him docido on a
chango of sconory, buL iL was Lho rico
of goId LhaL gavo him Lho confidonco Lo
chango rofossions as woII.
I`vo aIways Iikod iL,` ho said. Evon
sinco I was a young boy I did a IiLLIo biL of
anning and such, jusL mossing around,
buL I guoss now LhaL in Lho IasL fow yoars
Lho rico of goId has incroasod so much
LhaL iL`s bocomo so much moro viabIo.`
Dumosny said Lho IasL nuggoL ho had
found woighod 8. grammos. Iour or fivo
yoars ago LhaL was worLh onIy a hundrod
bucks, and now iL`s worLh a biL ovor Lhroo
hundrod doIIars,` ho said. So you don`L
havo Lo find a IoL Lo bo comforLabIo, if you
know whaL I moan.`
ThaL Iogic aoaIs Lo SLooI, Lho HSBC
anaIysL. Is ho surrisod Lo hoar LhaL
ordinary ooIo in AusLraIia havo boon
Lhrowing in Lho LowoI on ciLy Iifo Lo
rosocL fuII Limo? NoL aL aII, ho says. IL
is a honomonon ho has soon across Lho
worId, in Iacos Iiko BraziI, Lho UniLod
SLaLos and AusLraIia.
WhaL I`d Iiko Lo do is go Lo AusLraIia
and oon u my own ouLback saIoon,` ho
said wiLh a Iaugh.
With the price of gold rising to nearly $2,000 an ounce, some Australians are quitting
their jobs and buying into a modern gold rush that offers splendid rewards, but not a
lot of certainty.
Basic gold prospecting still relies on corrugated sieves and is relatively cheap to get
into. But some prospectors can afford to go high-tech with $6,000 metal detectors.
and Lho dobL crisis in Euroo aro aIso
giving a IifL Lo Lho moLaI. Tho buII
markoL is sLiII vory much inLacL,` said
Jamos SLooI, chiof commodiLios anaIysL
for HSBC in Now York.
HG>=>?BGBG@ foaLuro of Lho curronL
goId rush, many say, is Lho ago of Lhoso
joining u. Whoroas rosocLing for goId
has LradiLionaIIy boon a hobby associaLod
wiLh Lho oIdorIy, many of Lhoso moving
ouL Lo Lho counLry aro woII boIow
roLiromonL ago.
IL usod Lo bo mosLIy oId foIks aL Lho
cIub, buL Lhoso days I`vo noLicod Lhoro`s
quiLo a fow youngor foIIows showing
Dumesny said the last
nugget he had found
weighed 8.5 grammes.
Four or five years ago
that was worth only a
hundred bucks, and now
its worth a bit over three
hundred dollars.
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Portfolio
44
Squeezing the
Most Out of Each Watt
Since the accident at the Fukushima Daiichi nuclear plant only 17 out of Japans
54 reactors are on line. This has prompted a nation-wide campaign to conserve
electricity, reports Norimitsu Onishi.
Neon lights and giant television
screens have been turned off in Tokyo
this summer to conserve electricity.
October 2011
45
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Michio Kuniyuki monitors the empty rooms of Rikkyo University for unnecessary use of electricity as part of the schools effort to
reduce their consumption.
P
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Portfolio
46
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ovoning for Lho noxL day, Lhon rofinos Lho
forocasL Lho foIIowing morning doonding
on Lho changing woaLhor. During Lho day,
TEPCO udaLos oIocLriciLy uso ovory fivo
minuLos, in a bar grah LhaL rodicLabIy
shows uso rising sLoadiIy in Lho morning
and oaking in Lho afLornoon.
In Lho asL monLhs, forocasLs and
acLuaI uso havo hovorod around , or
ooIo`s bohaviour in a crunch.
LocaI govornmonLs aro hoIding
conLosLs soIiciLing consorvaLion idoas;
housohoIds aro cuLLing back boyond Lho
hours during which consorvaLion is in
offocL, from am Lo 8 m; and comanios
havo shifLod days off Lo wookdays and
undorLakon oLhor moasuros noL onIy Lo
avoid onaILios - maximum onaILios
aro Ioss Lhan $13,uuu - buL aIso Lo
conLribuLo Lo Lho naLionaI offorL.
:MF>BP: Rubbor, a manufacLuror of
rinLing oquimonL wiLh facLorios in Tokyo,
IighLs woro dimmod, Lho uso of hoL waLor
was rosLricLod, and Lho air condiLioning
was curLaiIod. An omIoyoo Lrackod
Lho facLory`s roaI-Limo owor uso, using
sofLwaro suIiod by TEPCO. If domand
noarod Lho comany`s maximum uso for
Lho yoar boforo, orango IighLs fIashod on
Lho facLory and managomonL fIoors; if
domand LhroaLonod Lo ouLsLri maximum
uso, rod IighLs fIashod, Ioading omIoyoos
aro doIivorod aIong wiLh Lho woaLhor
on Lho morning nows and announcod
aIong wiLh Lho noxL sLo aboard somo
Lrains. GovornmonL aIorLs aro aIso sonL Lo
subscribors` coIIhonos if ovoraII domand
noars caaciLy, rodding housohoIds Lo Lurn
down Lho air condiLionor or, boLLor yoL, Lurn
iL off aILogoLhor.
Tho forocasLs, avaiIabIo sinco Lho sLarL
of summor on Lho wobsiLos of owor
comanios and in Lho modia, show
Lho amounL of oIocLriciLy boing usod
in a uLiIiLy`s sorvico aroa, as woII as Lho
consumLion for Lho samo day IasL yoar.
In Lho Tokyo aroa, Lho Tokyo EIocLric
Powor Co, or TEPCO, Lho ooraLor of Lho
Iukushima IanL, issuos a forocasL in Lho
Local governments are holding contests soliciting
conservation ideas; households are cutting back
beyond the hours during which conservation is in
effect, from 9 am to 8 pm.
conL of caaciLy, Lhanks Lo unsoasonabIy
cooI woaLhor broughL on by a Lyhoon.
Yukihiko Tayama, a TEPCO managor
sociaIising in domand and suIy, said
LhaL so far Lhis summor, ovoraII domand
had yoL Lo como dangorousIy cIoso Lo
caaciLy, and so iL was uncIoar whoLhor
Lho roaI-Limo roorLs wouId infIuonco
Mitsuharu Taniyama cools
off in front of a fan, that
some companies have
forbidden employees to
use, as he dims the lights
at his insurance business
to conserve electricity.
Portfolio
48
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Liko somo Jaanoso of his gonoraLion,
Taniyama said Lho naLionaI camaign
romindod him of rosLricLions on Lho uso
of IighLs during WorId War II. To avoid
bocoming Lho LargoLs of nighLLimo air
raids by US warIanos, famiIios huddIod
around a singIo IighL buIb whiIo making
suro LhaL no IighL was visibIo from Lho
ouLsido. Bohind Lho curronL onLhusiasm
for consorvaLion, Taniyama aIso saw a
roLhinking of osLwar Jaan`s singIo-
mindod focus on oconomic growLh. Many,
ho boIiovod, woro roady Lo ronounco
nucIoar owor ovon if LhaL moanL Limo
LravoI Lo Lho IifosLyIo LhaL Jaan had whon
iL IosL Lho war Lo Amorica.`
ConsorvaLion has mado Tokyo, a ciLy
famous for iLs noon IighLs and gianL
LoIovision scroons, a IiLLIo dimmor Lhis
summor. IL has causod Lho Jaanoso Lo
forgo, for now, Lho onorgy-hungry gadgoLs
and aIiancos LhaL rovido Iifo horo wiLh
arLicuIar Ioasuros.
Sakuko Saoki, ,, said sho had noL
onIy swiLchod off buL aIso unIuggod hor
housohoId aIiancos. Sho baroIy Lurnod
on Lho air condiLioning, insLoad using a
fan in hor Iiving room. BuL Lhoro was ono
aIianco sho couId noL givo u afLor aII: an
auLomaLic LoiIoL, caIIod a washIoL, Lho kind
LhaL fIushos by iLsoIf, raisos and Iowors Lho
Iid on iLs own, and novor coasos Lo amazo
foroignors visiLing Jaan for Lho firsL Limo.
I`d Lurnod off my washIoL,` Saoki said,
buL I sLood doing LhaL.`
Lo shuL down Lhroo air-condiLioning uniLs.
Tho govornmonL`s figuro is 1 or conL,
buL wo`ro aiming Lo cuL by 2 or conL,`
said TaLsuo Nakahara, 63, Lho comany`s
adminisLraLivo managor. Ho addod LhaL
in Lho monLhs afLor Lho March disasLor,
Lho comany had aIroady succoodod in
consorving 2u or conL.
Officos horo, aIroady baImy by mosL
sLandards, havo boon dirocLod Lo soL
Lho room LomoraLuro Lo 82.4 dogroos
IahronhoiL (2,C), Lhough Lho roaI
LomoraLuro, osociaIIy on hoL days, has
cIimbod abovo 86 dogroos (3uC) in many
officos. Wo`ro doing Lhis for Jaan, so
iL can`L bo hoIod,` said Jun Nakada, 36,
a saIaryman whoso offico IighLing has
boon dimmod Lo Lwo fIuorosconL Lubos
from oighL. NoL coooraLing is frownod
uon. Somo comanios havo forbiddon
omIoyoos Lo Iug in doskLo fans; in
oLhors wiLh no such bans, doing so can bo
considorod harmfuI Lo ono`s caroor.
WookIy magazinos aro making suro
Lhoro aro no choaLors. SovoraI havo sonL
roorLors armod wiLh LhormomoLors Lo
Lho officos of Lhoso ouIarIy considorod
rosonsibIo for Lho nucIoar disasLor,
arLicuIarIy Lho LriumviraLo of TEPCO,
nucIoar roguIaLors and ro-nucIoar
oIiLicians, widoIy soon as coIIusivo. Tho
nucIoar osLabIishmonL was aIso onduring
a swoaLy summor, Lho wookIios roorLod
wiLh groaL saLisfacLion. BuL orhas Lho
chocks woro hardIy nocossary givon Lho
owor of sociaI disarovaI in Jaan.
FBMLNA:KNM:GBR:F:% ,3, Lho
ownor of a smaII insuranco businoss,
has dirocLod his sLaff Lo dim Lho IighLs aL
Lhoir offico on Lho socond fIoor of a smaII
buiIding in Yokohama. As you can soo,
our offico is surroundod by windows, so
afLor dark ooIo waIking ouLsido wouId
noLico if iL was aII IiL u insido horo,`
Taniyama said. Now I wouId fooI guiILy.`
Conservation has made
Tokyo, a city famous for
its neon lights and giant
television screens, a little
dimmer this summer. It
has caused the Japanese
to forgo, for now, the
energy-hungry gadgets
and appliances that
provide life here with
particular pleasures.
As part of her effort to reduce energy consumption at Rikkyo University, a student
studies with the lights and air conditioner off in one of the schools classrooms.
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This information has been distributed by Clariden Leu Asset Management (Dubai) Limited. Related financial products or services are only available to professional clients which qualify as clients under
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Portfolio
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Chinas
Lustrous Pearls
Saltwater pearls have dominated the world market, but
now Chinese freshwater pearls are taking a large slice of the
business, reports Keith Bradsher.
O
G>H?MA>FHLM
feared men in lhe worIdwide
earI induslry lhese days is
a muscuIar Ierrari-driving 4u-year-
oId who is doing lhe unlhinkabIe.
growing earIs lhal are nearing lhe
highesl quaIily and may be affordabIe
for middIe-cIass Weslern famiIies.
The man, Zhan Weijian, runs
a Iarge comany in Zhuji - lhe
emerging cailaI of lhe worId`s
freshwaler earI farming induslry
and il is far from Tahili and olher
lradilionaI saIlwaler earI havens in
lhe Pacific. Zhan works in easl-cenlraI
China, where his while earIs cosl a
fraclion of lhe saIlwaler variely.
WhoIesaIe rices for one-cenlimelre
while earIs have faIIen aboul 3u er
cenl in lhe asl severaI years, as lhe
infIux of high-quaIily Chinese-farmed
earIs - grown in former rice fieIds -
has lhe induslry in lurmoiI.
Ior lwo decades, China has been
lhe worId`s biggesl earI roducer,
fIooding lhe markel wilh smaII and


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chea earIs of coslume-jeweIIery quaIily.
Bul now comanies Iike Zhan`s are using
new lechniques lo ush inlo lhe Iower
reaches of lhe markel for haIf- lo aImosl
2.-cenlimelre gem-quaIily earIs.
Comelilion from China has hurl,
lhere`s no doubl, said Roberl Wan, whose
comany, Roberl Wan Tahili, dominales
lhe roduclion of Tahilian earIs, which
are cuIlured in moIIuscs in saIlwaler
and heI sel lhe worId quaIily slandard.
Prices are sofl, Wan said, and if in one
or lwo years, lhey have a huge increase in
suIy, we wiII see whal haens.
China`s earI induslry is a microcosm
of how lhe counlry is moving beyond
Iow-wage jobs and imilaling foreign
roducers. PearI farms, Iike olher
businesses across China, are slarling lo
innovale and aulomale as wages surge,
arlicuIarIy for bIue-coIIar workers.
The worId has worried aboul China
roducing chea goods - lhey reaIIy
shouId be worried aboul China roducing
beller goods, said Bruce Rockowilz, lhe
chief execulive of Li & Iung, lhe Iargesl
lrading comany suIying Chinese
consumer goods lo US relaiI chains.
A Chinese one-cenlimelre earI seIIs for
$4 lo $8 al whoIesaIe, which is lyicaIIy
Iess lhan haIf of lhe relaiI rice. A Tahilian
earI of simiIar size seIIs al whoIesaIe
for $2 lo $3. The rice ga refIecls
Iingering differences in hue and Iuslre. Il
does nol lake a jeweIIer lo discern lhose
differences when Chinese earIs are
Iaced nexl lo saIlwaler earIs.
JoeI Schechler, lhe chief execulive of
Honora, one of lhe biggesl Manhallan-
based imorlers of Chinese earIs,
recenlIy waIked inlo lhe sleeI vauIl al
his offices jusl off Madison Avenue and
seIecled lwo coslIy slrands of some of his
besl, bIemish-free, one-cenlimelre earIs.
The slrand from Tahili, wilh a whoIesaIe
rice of $14,uuu wilhoul lhe cIas,
gIeamed siIvery while in his hand. Nexl lo
il, a slrand from China aIso gIislened wilh
erfeclIy round, bIemish-free earIs, bul
lhey had a more chaIky hue. Al $1,8uu
whoIesaIe, lhe Chinese slrand aIso had a
much Iess Iuslrous rice. China`s arrivaI
October 2011
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For two decades, China has
been the worlds biggest pearl
producer, flooding the market
with small and cheap pearls
of costume-jewellery quality.
But now some producers are
using new techniques to push
into the lower reaches of the
market for gem-quality pearls.
Portfolio
in Lhis sogmonL of Lho markoL, SchochLor
said, has mado oarIs affordabIo for Lho
avorago working woman.`
SA:G%MA> man who has grown
ovor richor on choaor oarIs, is chiof
oxocuLivo of Graco PoarI, ono of Lho IargosL
comanios in Zhuji, a Lown in Zhojiang
rovinco. Graco grows oarIs in Zhojiang
and, as roaI osLaLo and Iabour cosLs havo
rison, aIso in inIand Jiangxi, Hunan,
Anhui and Huboi rovincos.
Zhan ickod u a visiLor Lo Zhuji in his
chauffourod brown MasoraLi QuaLLroorLo
sodan. Whon I drivo mysoIf, I rofor Lho
Iorrari 36u. IL`s moro fun,` ho oxIainod
on Lho way Lo dinnor. Tho moaI incIudod a
sou mado from wiId Iako LurLIo, a doIicacy
LhaL has bocomo incroasingIy raro. Moro
ooIo in Lhis arL of China can now afford
Lho doIicacy, and LhaL has Iod Lo ovorfishing.
WhiIo ho was hay wiLh Lho rocoLion
LhaL Graco`s ono-conLimoLro whiLo oarIs
woro rocoiving, Zhan soomod moro roud
of an innovaLion ho caIIod Edison oarIs
- orbs LhaL como in vivid urIo, ink and
for Thomas Edison, ovon if iL soomod a
back-handod homago. Edison, for aII his
inLoIIigonco,` Zhan said, couId noL invonL
oarIs or diamonds.`
Graco has boon working cIosoIy
wiLh Zhojiang UnivorsiLy in an offorL
Lo soquonco Lho onLiro gonomo of Lho
mussoIs LhaL froshwaLor oarIs aro grown
Chinese pearl farmers use the triangle shell mussel that can produce 24 to 32 pearls
per shell.
bronzo, brighL huos soIdom soon boforo
oxcoL in dyod oarIs, and in sizos of u Lo
1. conLimoLros.
AILhough ho and Graco cIosoIy guard
Lhoir Lochniquos, Zhan said Lhoy saw Lho
Edison as ombIomaLic of Lho growing
scionLific and LochnoIogicaI sohisLicaLion
of Chinoso oarI making. Ho namod Lhom
Workers go out in a boat to inspect mussels
at the Grace Pearl company farm in Zhuji.
While he was happy
with the reception
that Graces one-
centimetre white
pearls were receiving,
Zhan seemed
more proud of an
innovation he called
Edison pearls orbs
that come in vivid
purple, pink and
bronze, bright hues
seldom seen before
except in dyed pearls,
and in sizes of up to
1.9 centimetres.
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Workers sort and organise pearls,
according to colour and size at the Grace
Pearl sorting facility.
Ior Edison oarIs, mussoIs soIocLod
Lhrough gonoLic rosoarch aro imIanLod
wiLh Liny boads insLoad of mussoI Lissuo,
Zhan Yi said. Tho boads aro insorLod
Lhrough a sociaI moLhod LhaL Lho
comany wiII noL rovoaI.
Comanios Iiko Graco aro Lurning Lo
auLomaLion bocauso Iabour can add u Lo a
Lhird of Lho cosL of raising oarIs and Lhon
maLching by hand IiLoraIIy Lonnos of oarIs
by sizo, coIour, shao and bIomishos. BIuo-
coIIar wagos havo noarIy doubIod in Zhuji
and somo oLhor coasLaI rovincos in Lho
asL Lhroo yoars, as fowor young Chinoso
aro wiIIing Lo soLLIo for Lho monoLony of
facLory Iifo, choosing Lo aLLond univorsiLios
insLoad. WhaL is moro, oIdor oarI workors
froquonLIy Ioso Lho nocossary skiIIs and aro
quickIy disaoaring.
Thoy work unLiI Lhoy aro 3, and Lhon
Lhoir oyosighL goos from yoars of squinLing
aL oarIs undor fIuorosconL IighLs,` said
Qiu Xian, Lho rosoarch dirocLor aL Graco.
Qiu showod off oxorimonLaI armoiro-
sizod sorLing machinos LhaL ho had
dosignod. Each machino dros a oarI ovory
fow soconds and hoLograhs Lhom from
sovoraI difforonL dirocLions as iL faIIs. Tho
machino insLanLIy ovaIuaLos Lho hoLos, Lhon
caLchos Lho oarI and assigns iL a Lrough Lo
roII inLo a bin of simiIar oarIs.
Each of Lho machinos can run 24 hours a
day, Qiu said, and wiII roIaco 1 workors.
Workers earn $15 to $23 a day to perform implantations. Blue-collar wages have nearly
doubled in Zhuji over the past three years as more young Chinese move to the cities.
Workers use tweezers and scalpels to perform implantation for cultivated pearls. Each
side of the mussel gets 12 to 16 grafts.
in, hoing Lo uso Lho informaLion Lo
dovoIo ovon boLLor oarIs. Zhan rofusod
Lo idonLify which of his oarI farms woro
raising Edisons, oxcoL Lo say LhaL nono
was noar Zhuji, whoro informaLion Londs
Lo sroad quickIy Lo comoLiLors.
SA:GRB, a sonior Graco oxocuLivo, sLood
noxL Lo a Iacid oarI ond noar Zhuji Lho
noxL morning and waLchod as workors
oarning $1 Lo $23 a day saL on bonchos
aL a Iong LabIo. Using Lwoozors, Lhoy
insorLod Liny iocos of mussoI Lissuo insido
Iivo mussoIs` shoIIs. Tho Lissuo hoIs croaLo
oarIs LhaL may Lako a yoar or Lwo Lo
roach fuII sizo.
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57
SOCIAL MEDIA
BACKGROUND
CHECKS
Beware of what you do on social media sites and
the web in general as it is standard procedure
for employers to investigate your past, reports
Jennifer Preston.
Max Drucker is the CEO of Social
Intelligence, a California-based
company that screens potential
employees through internet
background checks.
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Portfolio
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making anLi-SomiLic commonLs and
racisL romarks, ho said. Thon Lhoro
was Lho job aIicanL who boIongod Lo
a Iacobook grou, 'This Is Amorica. I
ShouIdn`L Havo Lo Pross 1 for EngIish`.
Doos LhaL moan you don`L Iiko ooIo
who don`L soak EngIish?` askod Druckor
rhoLoricaIIy.
=KN<D>KL:B= his goaI was Lo
conducL ro-omIoymonL scroonings
LhaL wouId hoI comanios mooL Lhoir
obIigaLion Lo conducL fair and consisLonL
hiring racLicos whiIo roLocLing Lho
rivacy of job candidaLos. Ior oxamIo,
ho said Lho roorLs rodacL roforoncos
Lo a orson`s roIigion, raco, mariLaI
EIocLronic Privacy InformaLion ConLro,
basod in WashingLon, said LhaL omIoyors
woro onLiLIod Lo gaLhor informaLion Lo
mako a doLorminaLion abouL job-roIaLod
oxorLiso, buL ho oxrossod concorn LhaL
omIoyors shouId noL bo judging whaL
ooIo in Lhoir rivaLo Iivos do away from
Lho workIaco.`
Loss Lhan a Lhird of Lho daLa surfacod
by Druckor`s firm comos from major sociaI
IaLforms such as Iacobook, TwiLLor and
MySaco. Ho said much of Lho nogaLivo
informaLion abouL job candidaLos
comos from doo wob soarchos LhaL find
commonLs on bIogs and osLs on smaIIor
sociaI siLos, Iiko TumbIr, Lho bIogging siLo,
as woII as Yahoo usor grous, o-commorco
siLos, buIIoLin boards and ovon CraigsIisL.
LinkedIn, Facebook, Twitter and MySpace are just some of the sites harvested by
employers to do background checks on prospective employees.
Mark Zuckerberg, CEO of Facebook,
is facing complaints about the privacy
settings on the popular social media site.
sLaLus, disabiIiLy and oLhor informaLion
roLocLod undor fodoraI omIoymonL
Iaws, which comanios aro noL suosod
Lo ask abouL during inLorviows. AIso,
job candidaLos musL firsL consonL Lo Lho
background chock, and Lhoy aro noLifiod
of any advorso informaLion found.
Ho arguos Lho soarch roducos Lho risk
LhaL omIoyors may confuso Lho job
candidaLo wiLh somoono oIso or oxoso
Lho comany Lo informaLion LhaL is noL
IogaIIy aIIowabIo or roIovanL. GoogIing
somoono is ridicuIousIy unfair,` ho said.
An omIoyor couId discriminaLo againsL
somoono inadvorLonLIy. Or worso, Lhoy
aro oxosing LhomsoIvos Lo aII kinds of
aIIogaLions abouL discriminaLion.`
Marc RoLonborg, rosidonL of Lho
October 2011
59 59
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LoIocommunicaLions comany in SouLhorn
CaIifornia, bogan roIying on SociaI
InLoIIigonco for background scrooning
bocauso ho said Lho comany noodod a
formaI sLraLogy and sLandards boforo
assombIing onIino informaLion abouL
job candidaLos. Thoy rovidod us wiLh a
sLandardisod, arm`s-IongLh way of using
Lhis addiLionaI informaLion Lo mako boLLor
hiring docisions,` ho said.
:;HNMA:E? of aII comanios, basod
on govornmonL and rivaLo survoys,
now uso crodiL roorLs as arL of Lho
hiring rocoss, oxcoL in Lhoso sLaLos
LhaL IimiL or rosLricL Lhoir uso. As wiLh
sociaI modia background chocks, Lhoro
aro concorns abouL informaLion LhaL has
surfacod. Tho oquaI omIoymonL agoncy
fiIod a IawsuiL IasL Docombor againsL
Lho KaIan Highor EducaLion Cor.,
accusing iL of discriminaLing againsL bIack
job aIicanLs in Lho way iL usod crodiL
hisLorios in iLs hiring rocoss.
BuL iL is noL unusuaI for sonior IovoI
oxocuLivos in many comanios Lo undorgo
ovon moro comIoLo background chocks
by a rivaLo invosLigaLing firm.
Wo aro Iiving in a worId whoro you
havo an amazing amounL of informaLion
and daLa on ovory oxocuLivo,` said
Ann BIinkhorn, an oxocuLivo rocruiLor
in Lho convorging LochnoIogy, modia
and communicaLions indusLry. I
Lhink LhaL uLs Lho burdon on Lho
rocruiLor and Lho hiring managor Lo
bo roaIIy LhoughLfuI abouL whaL is
imorLanL and noL imorLanL whon
making Lho hiring docision.`
Thon Lhoro aro Lho hoLos and vidoos
LhaL ooIo osL - or find LhomsoIvos
Laggod in - on Iacobook and YouTubo
and oLhor sharing siLos Iiko IIickr, Picasa,
Yfrog and PhoLobuckoL. And iL is hoLos
and vidoos LhaL soom Lo goL mosL ooIo
in LroubIo. SoxuaIIy oxIiciL hoLos
and vidoos aro boyond comrohonsion,`
Druckor said. Wo aIso soo fIagranL
disIays of woaons. And wo soo a IoL of
iIIogaI acLiviLy. LoLs and IoLs of icLuros of
drug uso.` Ho rocaIIod ono man who had
1 agos of hoLos showing himsoIf wiLh
various guns, incIuding an assauIL rifIo.
Givon comIox 'Lorms of sorvico`
agroomonLs on mosL siLos and wob
aIicaLions, RoLonborg said ooIo
do noL aIways roaIiso LhaL commonLs
or conLonL Lhoy gonoraLo aro ubIicIy
avaiIabIo. PooIo aro Iod Lo boIiovo LhaL
Lhoro is moro IimiLod discIosuro Lhan
Lhoro acLuaIIy is, in many casos,` ho said,
oinLing ouL LhaL Iacobook`s froquonL
changos Lo iLs rivacy soLLings in roconL
yoars may havo uL somo ooIo aL risk
in goLLing a job now bocauso of orsonaI
informaLion Lhoy mighL havo inadvorLonLIy
mado ubIic.
WhaL Iacobook was doing was Laking
ooIo`s orsonaI informaLion LhaL Lhoy
mado avaiIabIo Lo famiIy and frionds and
mako LhaL informaLion avaiIabIo moro
widoIy Lo rosocLivo omIoyors,` said
RoLonborg, whoso organisaLion has
sovoraI onding comIainLs aL Lho
IodoraI Trado Commission abouL
Iacobook`s rivacy soLLings.
Joo BonLko, ouLroach managor for
Lho EquaI EmIoymonL OorLuniLy
Commission`s offico in HousLon, said
LhaL ho roguIarIy rominds omIoyors and
human rosourco managors abouL Lho risks
of vioIaLing fodoraI anLidiscriminaLion
omIoymonL ruIos and Iaws by using onIino
rosoarch in hiring docisions. Things LhaL
you can`L ask in an inLorviow aro Lho samo
Lhings you can`L rosoarch,` ho said, which
incIudos Lho gamuL of informaLion covoring
a orson`s ago, gondor, roIigion, disabiIiLy,
naLionaI origin and raco.
ThaL said, ho addod LhaL , or conL of
rocruiLors aro roquirod by Lhoir comanios
Lo do onIino rosoarch of candidaLos. And ,u
or conL of rocruiLors in Lho UniLod SLaLos
roorL LhaL Lhoy havo rojocLod candidaLos
bocauso of informaLion onIino, ho said.
Davo CIark, rosidonL of ImuIso
Advancod CommunicaLions, a
75 per cent of recruiters are required by their
companies to do online research of candidates.
And 70 per cent of recruiters in the United States
report that they have rejected candidates because
of information online.
October 2011
61
Essentials
THE BEST OF LEISURE AND LIFESTYLE
RIO REVIVED
With the FIFA World Cup finals due to arrive in 2014, and the Summer
Olympic Games following two years later, Rio de Janeiro is undergoing
a major facelift, reports Norman Sklarewitz.
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Plenty of this booming civic action, however, is
totally unrelated to the FIFA World Cup and, further
down the road, the 2016 Summer Olympics that Rio
will host. Anyone who visited Rio as recently as four
or five years ago will discover plenty thats entirely
new to the local scene.
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No trip to Rio is complete without
enjoying the view from Sugarloaf
Mountain that rises 400 metres
above the city.
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Rodizio, meat on a skewer, is carved at the
table and served until the patron is full.
The beach vendors now have to be
licensed and are regulated by the
municipality to ensure food and drink
quality.
for. Thoro`s Lho cabIo car sysLom LhaL IifLs
visiLors firsL u Lo Urca HiII, Lhon on Lo
Lho iconic oak of Lho Pao do Acucar -
SugarIoaf MounLain - for broaLhLaking
viows of Guanabara Bay, Lho ciLy, and
Lho ALIanLic Ocoan from 4uu moLros u.
Now Swiss-mado gondoIas woro insLaIIod
Lhroo yoars ago. Thon Lhoro`s Lho musL-soo
oxcursion u Lho ,uu-moLro Corovado
MounLain Lo Lho Loworing sLaLuo of ChrisL
Lho Rodoomor, and yoL moro socLacuIar
viows of Rio boIow. And iL goos wiLhouL
saying LhaL Lho boachos aL Coacabana
and Lho adjoining Ianoma, which
LogoLhor srawI for ovor fivo kiIomoLros,
musL aIso bo visiLod and onjoyod.
Tho ThoaLro MuniciaI, aIso known
as Lho Oora Houso, was cIosod for
Lwo yoars for a swooing ronovaLion,
and has now rooonod. ProsonLod horo
aro orformancos by BaIIoL do ThoaLro
MuniciaI do Rio do Janoiro, concorLs
by Lho OrquosLra Sinfonica do ThoaLro
MuniciaI, and oora.
HI>GBG@BG 2u12 wiII bo Lho now
Musoum of Sound and Imago. IL`s
IocaLod abovo Coacaana boach and is
disLinguishod archiLocLuraIIy by iLs uniquo
'foId u` dosign. Srucod u Loo aro such
civic aLLracLions as Lho NaLionaI Library,
Lho CiLy CounciI BuiIding and Lho Iino
ArLs Musoum, aII IocaLod on Lho PIaza
IIoriano. A vory roconL Louch has boon Lho
iIIuminaLion of many ubIic and rivaLo
buiIdings aL nighL, woII afLor Lhoy aro
cIosod. Evon Lho main firo sLaLion basks
in fIoodIighLs. Tho offocL is LhaL Lho ciLy is
aIivo and woIcoming woII inLo Lho nighL.
And iL roaIIy is. In Lho Lrondy Laa
disLricL Lhoro can bo bIock-Iong Iinos of
aLrons waiLing aLionLIy woII inLo Lho
nighL Lo goL inLo such hoL nighLcIubs as
Rio Sconarium. Insido, dancors gyraLo Lo
Cariocas pay professional artists to
decorate their walls to advertise their
businesses and keep graffiti artists at bay.
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Lho Lhrobbing boaL of Lho samba and bossa
nova, whon noL downing caiirinhas.
Dining is anoLhor Carioca assion, wiLh
rosLauranLs vying for Lho mosL oIaboraLo
and LasLy rosonLaLions. Among Lho
sociaILios ouIar wiLh IocaIs and visiLors
aIiko is rodizio, Lho sorving of barboquod
moaL on skowors LhaL is broughL Lo oach
dinor aL his or hor LabIo. Sorvors Lrim off
sIicos of boof and Iamb and koo iL coming
as Iong as Lho dinor wishos.
=BK><MERK>E:M>= Lo Lho coming
IIIA WorId Cu is a massivo ronovaLion
of Lho Maracana, Lho ciLy`s major sLadium.
IL was originaIIy buiIL in 1u for LhaL
yoar`s WorId Cu and couId accommodaLo
noarIy 1uu,uuu fans. IL aIso hosLod Lho
Pan Amorican Gamos in 2uu, and many
oLhor ovonLs in Lho yoars in-boLwoon. BuL
for Lho 2u14 IIIA WorId Cu Lho sLadium`s
inLorior has boon guLLod for a LoLaI
ronovaLion Lo mooL inLornaLionaI soaLing
sLandards and rovido sociaI faciIiLios for
officiaIs, VIPs and Lho modia. Whon Lho job
ThoaLor in HoIIywood doIighL in uLLing
Lhoir hands inLo fiIm sLars` handrinLs,
fooLbaII fans horo do Lho samo, naLuraIIy
making suro Lhoy havo Lhoir icLuro
Lakon doing so.
As much of Rio is squoozod boLwoon
graniLo mounLains and ocoan, Iand
for major now dovoIomonLs is scarco.
Ono rosuIL of Lhis is LhaL ronovaLion
and ugrading of oxisLing roorLios is
how moro rooms aro addod Lo Lho ciLy`s
accommodaLion invonLory. Ono oxamIo is
Lho roconLIy oonod HoLoI SanLa Torosa in
Lho arLy SanLa Torosa DisLricL, which wiLh
iLs oxcIusivo Torozo RosLauranL is cIassy in
ovory rosocL. BuL Lho buiIding iL occuios
was buiIL moro Lhan a conLury ago as a
coffoo IanLaLion. Whon roducLion coasod,
iL was convorLod inLo Lho HoLoI Doscasados,
which roughIy LransIaLod moans
'unmarriod` in PorLuguoso. CuriousIy,
rosidonLs woro usuaIIy mon going Lhrough
divorcos, or orhas jusL goLLing away from
homos afLor fighLs wiLh Lhoir wivos.
Two dovoIoors, ono Ironch, Lho oLhor
Maracanas Hall of Fame preserves the
footprints of the worlds most famous
football players in cement.
Maracana, Rios main stadium, is
undergoing a massive renovation for the
2014 FIFA World Cup.
Copacabana is one of the most famous beaches in the world and one of Rios best-
known attractions.
is dono, soaLing wiII bo roduco Lo around
8,uuu.
Bocauso of Lho major consLrucLion work,
Lours of Lho Maracana sLadium aro no
Iongor offorod. JusL Lho samo, Lho vonuo
romains a major sLo on mosL ciLy Lours
bocauso of iLs HaII of Iamo, an aroa in Lho
forocourL of Lho sLadium onLranco whoro
Lho fooLrinLs of somo of fooLbaII`s mosL
coIobraLod Iayors aro casL in comonL.
Much as visiLors Lo Grauman`s Chinoso
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Travel
BraziIian, saw in Lho run-down roorLy
and iLs disLincLivo hiIIsido IocaLion Lho
oLonLiaI Lo mako somoLhing LruIy worId-
cIass. Making a Iargo (buL undiscIosod)
invosLmonL ovor a oriod of four yoars Lhoy
Lurnod Lho Lhroo-sLoroy sLrucLuro inLo a
4u room, fivo-sLar hoLoI. ILs furnishings
Tho boachos aL Coacaana and
Ianoma aro sooing Lho addiLion of whaL
aro gonoraIIy known as kiosks, buL in
Rio`s caso Lhoy aro roaIIy fuII sorvico
conLros Lo accommodaLo visiLors. To
avoid marring Lho viow, faciIiLios aro
boing buiIL undorground and incIudo
changing rooms, Iockors, showors, LoiIoLs,
and kiLchons LhaL sorvo Lho boach IovoI
rosLauranLs. In addiLion Lo food and drink,
somo of Lhoso oon-air rosLauranLs aIso
foaLuro Iivo music.
KBHL;NBE=BG@L, Iargo and smaII, aro
aImosL wiLhouL oxcoLion docoraLod - or,
doonding on your oinL of viow, dofacod
- wiLh graffiLi. Thoso who associaLo graffiLi
wiLh urban gangs aro iniLiaIIy disLrossod
aL whaL sooms Lo bo ramanL and
rosumabIy iIIogaI dofacing of roorLy.
BuL Lhoy quickIy chango Lhoir minds.
WhiIo sray ainLing graffiLi is LochnicaIIy
againsL Lho Iaw, iL`s gonoraIIy Lho work of
mischiovous young ooIo and noL gangs.
So Lho auLhoriLios dismiss Lho racLico
as a roIaLivoIy harmIoss rank. In facL,
somo works aro acLuaIIy commissionod
by roorLy ownors. InsLoad of Ioaving
Lhoir waIIs bIank Lo LomL Lho 'Laggors`,
Lhoy wisoIy figuro iL`s bosL Lo havo Lhom
docoraLod by orsLwhiIo rofossionaI arLisLs
wiLh muraIs LhaL romoLo Lhoir businossos.
Tho aroa adjoining Pior Maua, Rio`s
busLIing cruiso orL, wiII undorgo a
major oxansion LhaL wiII mako iL a IivoIy
shoro aLLracLion for assongors. Tho
inLornaLionaI airorL, Loo, is sIaLod for
oxansion; and Lho ciLy`s MoLro subway
sysLom was jusL oxLondod Lo sorvo boLh Lho
Ianoma and Coacabana disLricLs.
And oxansion is haoning non-sLo
aL Lho noarby Barra da Tijuca disLricL,
dubbod Rio`s 'LiLLIo Miami`. ConconLraLod
horo aro Lho ciLy`s nowosL and mosL
oxansivo shoing maIIs, rosLauranLs
and such inLornaLionaI hoLoIs as Lho
InLorConLinonLaI Rio, Lho ShoraLon Barra
and Lho jusL-announcod 4u8-room Grand
HyaLL Rio. And, of courso, around 2u
kiIomoLros of dazzIing boach.
Beach artists celebrate each major Rio milestone by sculpting it in sand and earning
some tourist tips in the process.
The gondolas that take visitors up Sugarloaf Mountain were upgraded three years ago.
The whole of Rio is getting a facelift for the upcoming FIFA World Cup and the 2016
Olympic Games.
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and docoraLions foaLuro naLivo woods
and fabrics and works by IocaI arLisLs.
According Lo NoIIy Pagor, Lho young Ironch
saIos and markoLing managor, Lho bar is, by
IocaI accounLs, Lho mosL romanLic in Rio`.
Cuisino in Lho rosLauranL is Lho work of
Ironch chof Damion MonLocor.
68
Switzerland-based Vacheron Constantin has been producing watches for
256 years. So if you want to find out what makes an exclusive timepiece
tick, they are the people to ask, reports Guido Duken.
Portfolio
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THE ART OF
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69 69
Essentials
Jewellery
guaranLoos a Iongor Iifo for Lho waLch.`
Vachoron ConsLanLin, if you aro
unfamiIiar wiLh Lho brand, is Lo waLchos
whaL RoIIs-Royco is Lo cars. In oLhor
words, oxonsivo, oxcIusivo, bosoko if
Lho cIionL wishos, and aL Lho innacIo
of iLs crafL. Vachoron ConsLanLin is
considorod by waLch onLhusiasLs Lo bo
ono of Lho finosL LradiLionaI waLchmakors
in Lho worId aIong wiLh PaLok PhiIio
& Co, Jaogor-LoCouILro and Audomars
PiguoL. Tho comany was foundod
in Gonova in 1, by Joan-Marc
Vachoron, which makos iL Lho worId`s
oIdosL waLch manufacLuror wiLh an
uninLorruLod hisLory. Bosidos boing a
good businossman, Vachoron was aIso a
LaIonLod crafLsman. In 1,,u his comany
croaLod Lho firsL comIicaLion, and nino
yoars IaLor ho dosignod Lho firsL ongino-
Lurnod diaIs. Today, Vachoron ConsLanLin
is a brand of RichomonL Grou, Lho Swiss
Iuxury goods hoIding comany.
It takes 30 per cent
more time and a lot
more skill to produce
a watch to Geneva
seal standards.
A Grand Complication pocket
watch in 20-carat gold by
Vacheron Constantin fetched
$1.8 million at a Christies
auction in June this year.
The watch was made for
the famous American car
manufacturer James Ward
Packard (1863 1928).
69
PA>GRHNEHHD:M
a waLch, you onIy soo Lho
Li of Lho icoborg,` oxIains
masLor waLchmakor AIain
Lamborcy during my visiL Lo Lho Vachoron
ConsLanLin PIan-Los-OuaLos ManufacLuro
in Gonova. You soo Lho diaI and Lho hands,
buL whaL you don`L soo is Lho hugo amounL
of work LhaL goos inLo iL, which is criLicaI
Lo making a groaL waLch.`
As I Lour Lho various sLagos of
Lho waLchmaking rocoss I sLarL
undorsLanding whaL Lamborcy is goLLing
aL. CurronLIy, ,u or conL of Vachoron
ConsLanLin`s waLchos aro crafLod according
Lo Lho 12 criLoria roquirod Lo oarn Lho
Gonova soaI. This symboI of horoIogicaI
oxcoIIonco was onacLod in 1886 Lo roLocL
Lho IocaI indusLry. Gonova`s waLchmakors
and Lhoir roducLs aro known for
LochnicaI oxcoIIonco and crafLsmanshi,
buL aL LhaL Limo Iossor waLchmakors, who
had IiLLIo or noLhing Lo do wiLh Gonova,
sLarLod soIIing Lhoir Limoiocos wiLh a
misIoading 'Mado in Gonova` imIicaLion.
ParLiciaLion in Lho Gonova soaI rocoss
is voIunLary. In ordor Lo obLain Lhis soaI
of arovaI, a waLch has Lo bo assombIod
by Gonova crafLsmon in Lho canLon, and
Lho crafLsmanshi of Lho comononLs and
finishing has Lo conform Lo criLoria soL by
Lho Gonova SchooI of HoroIogy. To uL iL
simIy, if a waLch has Lho Gonova soaI iL
guaranLoos crafLsmanshi and raisos Lho
rosLigo and vaIuo of Lho Limoioco.
IL aIso makos Lho manufacLuring rocoss
far moro oxonsivo. IL Lakos 3u or conL
moro Limo and a IoL moro skiII Lo
roduco a waLch Lo Gonova soaI
sLandards,` oxIains Lamborcy.
Tho rocoss is aosLhoLicaI,
as woII as funcLionaI, as iL
October 2011
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Tho work and doLaiI LhaL goos inLo
making a Vachoron ConsLanLin waLch is
LruIy awo insiring. Mako no misLako, Lho
comany usos Lho IaLosL LochnoIogy during
Lho manufacLuring rocoss. BuL somo
comononLs aro so smaII and fragiIo LhaL
Lhoy havo Lo bo finishod by hand. AL ono
sLaLion I`m shown whaL Iook Iiko fIocks of
dusL, buL undor a magnifying gIass Lhoy
Lurn ouL Lo bo scrows. No surriso Lhon
LhaL Vachoron ConsLanLin roducos Lho
smaIIosL and LhinnosL manuaI movomonL
in Lho worId aL jusL 1.64mm Lhicknoss.
Boing a waLchmakor is obviousIy noL a
job for somobody wiLh shaky hands I ask
Lamborcy. SomoLimos my hands do shako
whon I drink Loo much coffoo,` ho says
Iaughing. BuL whon I sLarL working Lhoy
bocomo doad sLiII. I Lhink iL`s a maLLor of
Lraining and oxorionco.`
IL is cIoar LhaL Lamborcy Iovos his work
and is roud of whaL ho doos. AL Vachoron
ConsLanLin I am aIways chaIIongod Lo do
boLLor,` ho says. As a waLchmakor I know
wo roduco oxcoLionaI waLchos. Ior mo
my work is noL a quosLion of sood buL
a quosLion of quaIiLy. Ono of my frionds
onco askod mo why Vachoron ConsLanLin
waLchos aro so oxonsivo. I LoId him
'bocauso you don`L know whaL is insido
Lho waLch`. IL Lakos a IoL of Limo Lo mako
somoLhing LhaL is oxcoLionaI and uniquo.
A waLch Iiko Lhis is for a IifoLimo and iL
is an inhoriLanco LhaL goLs assod from
gonoraLion Lo gonoraLion.`
<AKBLMB:GL>EFHGB, Lho arLisLic
dirocLor aL Vachoron ConsLanLin, is oquaIIy
roud of Lho crafLsmanshi LhaL goos inLo
Lhoir waLchos. If you Lhink abouL iL, a
mochanicaI waLch is a vory Liny ioco of
onginooring LhaL has a hugo domand Iacod
on iL as you woar iL ovory day and iL doosn`L
sLo during Lho nighL. So you oxocL Lhis
mochanicaI ongino Lo work 24 hours a day
for yoars, which is noL somoLhing you`d ask
of your car ongino. So if you wanL a Iong
IifoLimo from a mochanicaI movomonL you
havo Lo do iL in a vory LhoughLfuI way.`
Vincent Kauffmann, the design director, works on a new concept. Vacheron Constantins
Atelier Cabinotiers crafts peronalised watches according to a clients preference.
Christian Selmoni is the artistic director
of Vacheron Constantin.
During the openworking process every part of the
movement is polished and embellished.
October 2011
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Essentials
Jewellery
SoImoni has boon wiLh Lho comany
for 21 yoars, so ho`s Lho righL man Lo ask
if Lho waLch indusLry has soon any major
shifLs oLhor Lhan Lho invonLion of quarLz
movomonL LochnoIogy in Lho ,us. I Lhink
2u yoars ago Lho rimary roason you boughL
a waLch and woro iL was Lo LoII Lho Limo,`
ho roIios. BuL now wo aII carry mobiIo
honos do LhaL. So Loday, I Lhink, Iuxury
waLchmaking has movod Lo a socondary
roason. A waLch is now a Iuxury ioco of
arL, iL can bo a sLaLus symboI and ossibIy
rofIocL Lho orsonaIiLy of Lho woaror. Ior
many mon, aL IoasL in WosLorn cuILuro, iL
funcLions as a ioco of jowoIIory.`
SoImoni`s rosonsibiIiLios incIudo Lho
Iong-Lorm dofiniLion of roducLs and now
roducL Iinos. ThaL moans ho works cIosoIy
wiLh Lho croaLivo asocLs of Vachoron
ConsLanLin, such as Lho dovoIomonL
and consoIidaLion of Lho 'MLiors d`ArL`
workshos LhaL focus on docoraLivo crafLs
such as onamoI, ongraving and sLono-soLLing
LogoLhor wiLh Lho 'CabinoLiors` worksho,
which incIudos dosign and dovoIomonL of
uILra oxcIusivo mado-Lo-ordor Limoiocos.
LHAHP doos ho go abouL charLing Lho
brand`s fuLuro? AL Vachoron ConsLanLin
wo havo a Iong Lorm sLraLogy,` roIios
SoImoni. Wo aro a comany LhaL has boon
horo for 26 yoars and wo aro orcoivod
as a LochnicaI buL cIassic brand. Our
osiLioning is on Lho vory high ond of Lho
waLch sogmonL. As our roducL Iinos aro
Iong IasLing, wo havo Lho chanco Lo focus
on Lho Iong run. Wo aro mosLIy abouL
whaL our cIionLs wouId Iiko Lo rocoivo
from us, buL wo aro aIso vory conscious of
Vachoron ConsLanLin`s horiLago and sLyIo.
Wo focus on ovoIuLion, noL rovoIuLion.`
CroaLing a now Vachoron ConsLanLin
roducL is a IongLhy rocoduro. Tho
skoLching, dosigning and Lhon LochnicaIIy
dovoIoing a waLch is a rocoss LhaL
oasiIy Lakos Lwo yoars,` says SoImoni. I
work vory hard in Lho boginning sLago of
concoLuaIising Lho roducL. If somoono
comos Lo mo and asks why Lho roducL is
Iiko Lhis or LhaL, I havo Lo havo an answor
oLhorwiso I havo a robIom. I Lry noL Lo
bo omoLionaI from Lho concoL oinL of
viow. My coIIoaguos somoLimos LoII mo I`m
vory ossimisLic or coId bIoodod. In Lho
ond Lho cIionL or Lho markoL wiII LoII you if
you woro righL, haIf righL or LoLaIIy wrong.
TrondsoLLing is oxLromoIy difficuIL.`
ThaL bogs Lho quosLion, doos Vachoron
ConsLanLin conLroI Limo, or doos Limo
conLroI iL? BoLh,` is Lho answor. Luxury
goods aro abouL crafLsmanshi, horiLago
and LradiLions. IL`s our Lask Lo conLinuo Lhis
LradiLion. SomoLimos baIancing horiLago
and innovaLion is chaIIonging, buL iL is a
good chaIIongo Lo havo.`
We are a company that has been here for 256
years and we are perceived as a technical but
classic brand. Our positioning is on the very high
end of the watch segment.
Vacheron Constantins unique Mtiers dArt Chagall & lOpra
de Paris series consists of 15 watches. The watch dials feature
the art of Grand Feu enamel painting, based on a centuries-old
Geneva technique that has remained the exclusive preserve of
a handful of artisans.
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72
If bigger is better then the Oasis of the Seas and her
sister ship are the undisputed rulers of the cruise
industry. Nick Rice spent a week aboard the worlds
largest cruise ship.
A City at Sea
LM:G=BG@HGMA>=H<DLBG?HKM
LaudordaIo, IIorida, iL`s difficuIL Lo Lako
in Lho shoor huIking sizo of Lho shi I`m
abouL Lo ombark. Tho HZlblh_ma^L^Zl
is RoyaI Caribboan`s fIagshi bohomoLh,
and aIong wiLh hor sisLor shi Ma^:eenk^
h_ma^L^Zl, Lhoso Lwo vasL cruiso Iinors
aro officiaIIy Lho biggosL assongor shis
in Lho worId. WiLh a sLaggoring caaciLy
of noarIy 8,uu ooIo, comrisod of u
Lo 6,26 assongors and a crow of 2,16,
Lhoy aro rovoIuLionary vossoIs LhaL soL Lho
bonchmark in Lho cruiso indusLry.
RoyaI Caribboan InLornaLionaI has
aIways boon an innovaLor and sinco
forming in Lho IaLo `6us Lho Amorican]
Norwogian comany has had a hugo
infIuonco on oLhor cruiso Iinos as Lhoir
firsL Lhroo vossoIs bocamo ronownod
roLoLyos in shibuiIding. In 188 Lho
comany garnorod gIobaI rocogniLion wiLh
Lho Iaunch of Lho^k^b`gh_ma^L^Zl, Lho
firsL ovor moga-shi aILhough Loday iL onIy
raLos as a mid -sizod vossoI. In 1, Lhoy
onco moro bIow Lho comoLiLion ouL of Lho
waLor wiLh OhrZ`^kh_ma^L^Zl, anoLhor
ora-dofining dosign LhaL was, by far, Lho
biggosL shi in Lho worId.
October 2011
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Essentials
Accommodation
RoyaI Caribboan`s now chamions
- LhaL moasuro in aL moro Lhan 4u or
conL Iargor Lhan Lho noarosL comoLiLors
- now hoId Lhis accoIado. NoL onIy do
Lhoy comonL RoyaI Caribboan`s Iaco as
Lho dominanL indusLry Iayor, buL aIso
accounL for 2 or conL of Lho comany`s
onLiro rovonuo.
WiLh so many assongors, you mighL
Lhink Lho ombarkaLion rocoss wouId bo
a hassIo. BuL Ioss Lhan 1 minuLos afLor
arriving aL Lho docks I was in my room -
aII dono. No hugo quouos or soarchos,
you aro simIy moL aL Lho LorminaI by
smiIing orLors who Lransfor your Iuggago
dirocLIy onLo LroIIoys Lo bo doIivorod Lo
your cabin IaLor.
Shi cabins, by nocossiLy, havo Lo bo on
Lho smaII sido buL iL was a IoasanL surriso
Lo find a woII-docoraLod, IighL and airy
room. A good sizod baIcony ovorIooking
Lho soa, a noaL bodroom aroa, a smaII
yoL comforLabIo Ioungo wiLh a LoIovision,
IonLy of sLorago Ius a cIovorIy dosignod
baLhroom makos shiboard Iifo IoasanL.
Each room is assignod an aLLondanL who
makos u your room ovory day and you
aIways havo a fuII ico buckoL, cris cIoan
shooLs and froshIy Iumod iIIows.
Whon booking, bo suro Lo socify
whoLhor you wanL an ocoan viow room
or ono LhaL ovorIooks ConLraI Park in Lho
middIo of Lho shi. Thoro aro aIso oLions
for biggor budgoLs, wiLh Lwo-sLoroy IofL
rooms avaiIabIo aL Lho Lo ond of Lho scaIo.
During Lho chock-in rocoss you aro
issuod wiLh soaass ID cards, which can bo
usod Iiko a crodiL card on board as woII as
for ID whon goLLing on and off Lho shi.
Onco aboard iL doosn`L fooI Iiko you`ro
on a shi, such is Lho shoor sizo of Lho
RoyaI Promonado. IL fooIs far moro Iiko
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Essentials
Accommodation
you aro on a busy Lhoroughfaro in a hugo
maII. Thoro aro shos of aII kinds, an Irish
ub, cafs, rosLauranLs, an arL gaIIory and
a wino bar - and noL a Lraco of movomonL
from Lho shi whaLsoovor.
GIass oIovaLors aL oach ond of Lho RoyaI
Promonado Lako guosLs Lo Lho 16 docks.
Tho rosL of Lho Limo you aro on fooL, oiLhor
ouL on dock onjoying Lho broozo and ocoan
viow, or oxIoring Lho many difforonL
Iacos - ranging from Lho ouLdoor
boardwaIk and ConLraI Park, Lhrough
Lo Lho sa, gym, Iibrary, sorLs rooms,
rosLauranLs, concorL haIIs and much moro.
Tho gym and boardwaIk como in handy
as Lho food on board is of a vory high
sLandard, from Lho buffoL rosLauranLs and
Lho ooIsido snack bars Lo Lho soIocLion
of sociaILy rosLauranLs LhaL carry
Above: Wave riding pools,
jacuzzis, rock climbing walls
and tennis and basketball
courts are part of the amenities.
Below: Twenty chefs and 222
cooks keep the food coming.
Oasis of the Seas consumes
86,400 eggs a week.
October 2011
75 75
sLoakhouso, fino ILaIian aL Giovanni`s
TabIo, oIaboraLo Laas aL VinLagos, and
sIook and sohisLicaLod faro aL 1u ConLraI
Park, Lho shi`s showcaso rosLauranL.
Moro casuaI dining is found on Lho
ouLdoor boardwaIk. Tho food avaiIabIo
horo aoaIs Lo Lho young crowd wiLh
Jonny RockoLs sorving burgors and frios
and Lho Soafood Shack offoring shrims
and ribs in a surf-shack Lhomod Iaco. Tho
oLions for food go on, wiLh Lho SoIarium
BisLro offoring much hoaILhior oLions
such as frosh saIads, soafood, fruiL and
vogoLabIos and soasonaIIy insirod dishos,
oach conLaining Ioss Lhan uu caIorios.
Bo warnod, aaronLIy Lho avorago cruiso
assongor gains Lhroo kiIogrammos.
addiLionaI foos. Thoro aro no Ioss Lhan
24 dining oLions on board. Ono of Lho
mosL ouIar Iacos is Lho Windjammor
MarkoLIaco, which inoviLabIy goLs vory
busy - buL noL Lo Lho oinL whoro you
wouIdn`L goL a LabIo.
Tho main rooms for ovoning dinnor
aro sacious, oIoganLIy docoraLod and
run by friondIy and officionL sLaff. You
aro aIIocaLod Lho samo LabIo and dinnor
sLaff for Lho duraLion of your cruiso.
ThaL moans you wiII goL acquainLod wiLh
your foIIow assongors. BuL if you nood
a chango of sconory you can hoad for
ConLraI Park, Lho firsL ovor ark aL soa
wiLh 12,1, IanLs. This Iush saco is Iinod
wiLh sLyIish rosLauranLs such as Chos
Thoro aro IonLy of acLiviLios onboard, buL
mosL won`L hoI you burn any caIorios. Thoro
aro Vogas-sLyIo shows, a casino, audionco
arLiciaLion gamos and comody gigs. Or
you can jusL Iazo by ono of Lho 21 ooIs or
jacuzzis wiLh a good book. PIus Lhoro`s Lho
Iibrary, a hugo cinoma, and many cIubs. Tho
IisL goos on buL don`L forgoL Lho nighLIifo -
HZlbl fooIs Iiko a smaII f IoaLing ciLy in Lho
ovonings wiLh a hosL of nighLcIubs, bars and
rosLauranLs aII hoaving wiLh Iifo.
HGFRsovon-nighL WosLorn Caribboan
cruiso Lho orLs of caII woro Labadoo
in HaiLi, IaImouLh in Jamaica and
Moxico`s famod CozumoI. Each orL
offors carofuIIy curaLod RoyaI Caribboan
Lours, which rosonL Lho bosL of Lho
dosLinaLion`s LourisL aLLracLions in
hassIo-froo ackagos. Tho Lours aro
woII uL LogoLhor buL oxocL Lo ay a
romium raLo. AILornaLivoIy, assongors
aro froo Lo goL on and off Lho shi
undor Lhoir own sLoam and mako
indoondonL Ians for Lhoir Limo on
shoro. JusL bowaro of Lho LouLs. AII Lho
dosLinaLions havo Lhoir own disLincL
charms and LhaL`s anoLhor bonus of a
cruising hoIiday as you goL Lho chanco Lo
oxorionco LoLaIIy difforonL Iacos in a
roIaLivoIy shorL Limo oriod.
AfLor sonding a fow days on board
HZlblh_ma^L^Zl you wiII know your way
around. BuL, afLor my wook aboard, Lhoro
woro sLiII arLs of Lho shi I`d missod
Lhanks Lo iLs shoor sizo.
WiII Lhoy goL ovon biggor? I soko Lo Lho
shi`s masLor, CaLain Thoro ThoroIvoson,
and askod him abouL Lho fuLuro.
Tho cruiso indusLry is coming Lo Lho
oinL whoro Lhis shi is aL Lho IimiL,"
said ThoroIvoson. My orsonaI boIiof is
LhaL cruising wiII romain a combinaLion
of onjoying Lho shi and Lho orLs. You
couId havo a biggor HZlbl, buL Lhoro
wouId bo a quosLion of racLicaIiLy for
orL caIIs. Howovor, if you jusL sLay on
board - Lho shi as Lho onIy dosLinaLion -
you couId go ovon biggor."
There are plenty of activities onboard, but most
wont help you burn any calories. There are Vegas
style shows, a casino, audience participation games
and comedy gigs.
Oasis of the Seas has 28 loft suites and one Royal Loft Suite
that boasts a baby grand piano.
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Essentials
Art
STEALING BEAUTY
What happens after a work of art is stolen? It is difficult to sell a famous piece of
stolen art, but less well-known pieces can be moved fairly easily, reports Dan Duray.
A
LI:M>H?AB@A&IKH?BE>
arl lhefls - among lhem lhe
San Irancisco Picasso heisl lhal
Ied lo lhe discovery of a verilabIe museum
in lhe lhief `s New York aarlmenl, lhe
waIk-in Iifling of a $3u,uuu Iernand
Lger from New York`s HeIIy Nahmad
GaIIery, and lhe arresl of war crimes
susecl Goran Hadzic foIIowing his
allemled saIe of a sloIen ainling - has
broughl u a nagging queslion. once an
arlwork is sloIen, whal, exaclIy, does a
knowIedgeabIe lhief do wilh il?
The consensus in lhe media is lhal
lhere`s no markel for sloIen arl. Nol so!
I`ve mel wilh fences from aII over
lhe worId, said Chrisloher MarineIIo,
execulive direclor of lhe Arl Loss Regisler
in London. PeoIe who wiII buy sloIen
arl from you al five er cenl of ils vaIue
and lhen lry lo move il on. Once il goes
inlo lhe underworId, criminaIs wiII lrade
sloIen arlwork. We`ve found evidence
lhal sloIen arl is used in lhe lrade for
inlernalionaI lerrorism, exchanged for
guns and weaons, lhings Iike lhal.
The basic argumenl as lo why il`s
imossibIe lo seII sloIen arl is lhal
belween MarineIIo`s organisalion, which
does whal ils name imIies, lhe IBI`s
sloIen arl dalabase and ils InleroI
equivaIenl, lhere`s no way lo seII a famous
ainling wilhoul il being red-fIagged
somewhere. MarineIIo works exlensiveIy
wilh gaIIeries, lhe major auclion houses
and Iaw enforcemenl (We`re sorl of lhe
Rene Russo characler in lhe reaI-Iife
MahfZl<khpg:__Zbk, he said) so lhal,
lheorelicaIIy, anyone lrying lo foisl off
a sloIen ainling on a vendor wouId be
inslanlIy arresled. Bul lhere`s somelhing
of a reorling bias here, because a work is
usuaIIy onIy recovered when someone is
caughl unsuccessfuIIy lrying lo seII il. In
facl, a soon-lo-be-reIeased sludy by Mark
Durney of lhe Associalion for Research
inlo Crimes Againsl Arl found lhal of lhe
11,uuu ilems enlered inlo lhe Arl Loss
Regisler belween 2uuu and 2uu, onIy 1.
er cenl was recovered.
Law enforcemenl officiaIs usuaIIy cile
a slalislic of five lo 1u er cenl recovery
October 2011
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Leonardo da Vincis Mona Lisa was stolen from the Musee du Louvre by Vincenzo
Peruggia in 1911. The painting was recovered in 1914.


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raLos, Durnoy said, buL ovon on a Iongor
Limo framo ho Lhinks Lhis may bo ovorIy
oLimisLic. AfLor 1u yoars, I Lhink, Lho
LraiI Londs Lo bocomo coId,` ho said.
And Lhoso works aro noL siLLing in Lho
rivaLo vauIL of a gonLIoman caL burgIar.
CharIos HiII, Lho formor hoad of ScoLIand
Yard`s arLs and anLiquos squad who hoIod
rocovor Edward Munch`s Ma^L\k^Zf in
14 afLor iL was sLoIon, has Iong insisLod
LhaL ono of Lho main myLhs surrounding
arL LhofL is LhaL Lhiovos aro hirod Lo sLoaI
for a 'Dr. No` figuro who is buiIding u a
for-his-oyos-onIy cacho of masLoriocos.
LM>IHG> in foncing your sLoIon
ainLing may bo Lo movo iL ouL of Lho
US and Lho UK, which aro, MarinoIIo
said, IogaIIy vory 'ro-LhofL vicLim`. In
Iranco, for oxamIo, ono can urchaso a
ioco of arL in good faiLh and hang onLo
iL ovon if iL`s IaLor rovoaIod LhaL iL was
sLoIon, Ioading Lo a somowhaL hoaILhior
undorworId Lrado for Lhoso works across
Lho ChannoI.
IL is usod as curroncy on Lho bIack
markoL and ofLon can bo usod as a 'GoL
OuL of JaiI Iroo` card for somo Lhiovos,`
MarinoIIo said. Ior oxamIo you know
Lho big LhofL in MassachusoLLs aL Lho
IsaboIIa SLowarL Gardnor Musoum LhaL
haonod in Lho `us? Tho Lhiovos wiLh
Lhoso iocos couId aIways say, if Lhoy
woro caLurod, Look wo know whoro Lho
RombrandL is and if you givo us a IighLor
sonLonco, maybo wo` II LoII you whoro iL is.`
ThaL caso romains ono of Lho moro
audacious unsoIvod LhofLs in roconL
Edvard Munchs The Scream was stolen
from the Munch Museum in Oslo by armed
robbers. It was later recovered.
momory. In 1u, Lho Lwo Lhiovos osod as
BosLon oIico officors and mado off wiLh 13
works, among Lhom a Vormoor, a Dogas,
and Lhroo RombrandLs. Tho works havo
novor boon rocovorod, and iL`s unIikoIy LhaL
anyono in ossossion of Lhom wouId mako
Lho misLako of Laking Lhom Lo ChrisLio`s.
IL`s imorLanL Lo romombor, Lhough, LhaL
mosL of Lho Limo you`ro noL doaIing wiLh
RombrandLs, said DoLocLivo Mark IishsLoin,
an 18-yoar voLoran of Lho NYPD and Lho
doarLmonL`s chiof arL-crimo doLocLivo.
WiLh Lho Iowor-ond sLuff, noL Lho
suor woII-known arLisLs, LhaL makos
good monoy,` IishLoin said. I do a IoL of
rocovorios of sLoIon arL whoro Lhoro`s no
furLhor invosLigaLion bocauso iL`s boon so
Iong, whoro iL`s changod hands so much
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Marcus PaLmon succossfuIIy soId a fow
works LhaL ho`d sLoIon, a Marc ChagaII
Lo a Now York gaIIory and a Picasso Lo a
CaIifornia gaIIory. Ho mado Lho CaIifornia
doaIor susicious whon ho LoId hor LhaL
anoLhor coy of Lho socond Picasso ho was
Lrying Lo soII hor, E^K^iZl?kn`Ze, had
roconLIy boon sLoIon from a PaIm Boach
gaIIory - by him, iL wouId IaLor Lurn ouL.
A BrookIyn couIo was aIso arrosLod LhaL
yoar afLor advising a oLonLiaI buyor noL
Lo disIay Lho NichoIas Roorich ho was
considoring buying on his gaIIory waII,
sinco iL was sLoIon.
Horo`s Lho Lhing wiLh works of arL,` said
Bonnio Magnoss-Gardinor, rogrammo
managor for Lho IBI`s 13-agonL ArL
Crimo Toam. If Lhoy`ro noL incrodibIy
famous works whoso LhofL wouId mako
Lho fronL ago of Ma^G^pRhkdMbf^l,
LhaL sLoIon work of arL wouId oasiIy onLor
Lho IogiLimaLo markoL. Thoro is no LiLIo
documonL LhaL usuaIIy goos wiLh a work of
arL. Thoro aro rovonanco documonLs, buL
Lhoy`ro noL a IogaI roquiromonL.`
And ovon Lho urchasors who do
Iook inLo Lho rovonanco of a work can
bo fooIod. Magnoss-Gardinor said sho
froquonLIy doaIs wiLh forgod documonLs
of origin. In ono oxLromo caso, ManhaLLan
doaIor Irodorick SchuILz, who was
convicLod in 2uu2 for iIIogaIIy imorLing
and soIIing IooLod goods, croaLod a
ficLiLious coIIocLor Lo sLymio quosLions
abouL Lho origins of his smuggIod EgyLian
goods. SchuILz said Lho arLofacLs camo from
Lho osLaLo of a coIIocLor namod Thomas
AIcock, a BriLon suosodIy Lakon u wiLh
Lho EgyLoIogy crazo of Lho 12us, Lho
subLoxL boing LhaL Lhoy woro dofiniLoIy noL
French police remove the empty
painting frames from the Musee d'Art
Moderne de la Ville de Paris after the
brazen theft of five paintings worth
$620.8 million in 2010.
LhaL iL`s aImosL imossibIo Lo Lrack iL back
Lo Lho Lhiof.`
In circumsLancos Iiko Ioss-rouLabIo arL
fairs or a simIo orson-Lo-orson doaI,
which is noL uncommon, Lho daLabasos
aron`L vory usofuI. A sLoIon arL daLabaso,
IishsLoin said, is somoLhing LhaL`s usod
by aucLion housos and musoums, Iargo
coIIocLors, and doaIors LhaL don`L wanL
Lo Ioso monoy. BuL a rivaLo orson may
noL uso iL, Lhoy robabIy don`L ovon know
abouL iL.`
;>LB=>LMA> daLabasos, anoLhor hurdIo
Lo cIoar for Lhiovos is Lho romarkabIy
common misLako of advorLising LhaL
Lho arL mighL bo sLoIon. In ono caso
LhaL ondod in 2uu, an arL Lhiof namod
If theyre not incredibly famous works whose
theft would make the front page of The New York
Times, that stolen work of art would easily enter
the legitimate market. There is no title document
that usually goes with a work of art.
The Torso, which was stolen in Terracina, a small town south of Rome in 1988, was
retrieved after a vacationing Italian police officer spotted it in the window of a New York
art gallery.
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workod wiLh Lho oIico in Lho invosLigaLion
of Lho LhofLs and soko wiLh a roorLor
on Lho condiLion LhaL his namo noL bo
ubIishod, said LhaL whon ho urchasod Lho
ainLing ho didn`L Lhink ho was buying a
hiddon masLorioco off Lho back of a Lruck.
RaLhor, whon ho soIocLod Lho work from
Lho many LhaL PaIoncia aIIogodIy broughL
Lo Lho sLoro, ho said ho didn`L considor Lho
ossibiIiLy LhaL iL mighL bo auLhonLic.
IL is a docoraLivo iLom,` said Lho
managor. You buy any ainLing LhaL is
hand-ainLod, iL doosn`L maLLor if iL`s
originaI. IL sLiII has a vaIuo. You buy a
ainLing bocauso you Iiko iL.`
Ho had noLicod LhaL Lho ainLing
was signod aL Lho boLLom, buL said iL
didn`L facLor inLo his docision Lo buy iL.
SomoLimos, a ainLing wiII como in LhaL
is signod by Lho arLisL,` ho said, buL LhaL
doosn`L moan LhaL iL`s originaI.` Whichovor
way, Lho managor and Hiddon Troasuro
ondod u $1,uu ooror and no ainLing
Lo show for iL.
Tho unwiLLing urchasor of sLoIon
works is hardIy idoaI for Lho ambiLious
Lhiof. Thoso Iooking Lo goL Lho mosL bang
for Lhoir buck wouId do woII Lo soII as high
on Lho Iaddor as ossibIo, if noL work wiLh
Lho bIack markoL doscribod by MarinoIIo.
DoLocLivo IishsLoin, Lhough, had ovon
bIunLor advico whon askod for Lho bosL
way Lo avoid boing caughL afLor you`vo
sLoIon a ioco of arL. Throw iL away!`
ho said, shaking his hoad in an amusod
way. Thoro roaIIy is no answor. Don`L do
iL, sLoaI somoLhing oIso. Thoy`ro noL oasy
Lhings Lo soII.`
as a vicLim. His ainLings didn`L manago
Lo cIimb vory high on Lho Iaddor doscribod
by Magnoss-Gardinor - ho soId a DanioI
Ridgway KnighL ainLing for jusL $1,uu aL
Hiddon Troasuro, a smaII anLiquo sho. ILs
acLuaI vaIuo is cIosor Lo $14u,uuu.
Tho managor of Hiddon Troasuro, who
The two-tonne Henry Moore sculpture A Reclining Figure was stolen in 2005 and melted
down for its bronze. It was valued at $5.2 million.
You buy any painting
that is hand-painted,
it doesnt matter if
its original. It still has
a value. You buy a
painting because you
like it.
smuggIod and dofiniLoIy noL candidaLos for
roaLriaLion. SchuILz rinLod IaboIs from
Lho 'AIcock coIIocLion` and bakod Lhom in
his ovon, Lo mako Lhom aoar oIdor.
MosL Lhiovos in Lho US, Magnoss-
Gardinor said, aro noL LorribIy
sohisLicaLod, and goLLing rid of Lho work
usuaIIy moans Laking a big hiL on Lho vaIuo.
IL mighL go Lo a awn brokor, iL
mighL go Lo a fIoa markoL, iL couId go Lo
a highway anLiquo sLoro gaIIory whoro
Lhoy Lako a Iook aL iL and Lhoy say, 'Yoah
I` II givo you $3uu for Lhis,` sho said. And
Lhon Lhoy soII iL for $,uuu Lo a IogiLimaLo
doaIor who rocognisos iL and says, 'Oh woII
I can soII Lhis for $1,uuu,` and iL assos
Lhrough a sorios of hands and in oach
incromonL iL mighL incroaso in vaIuo, iL
mighL doubIo in vaIuo.`
BGMA>L> casos, Lho orson who sLands Lo
Ioso monoy is Lho IasL orson who boughL
iL. Tako Lho caso of AngoI PaIoncia, who
was arrosLod Lhis asL AriI on chargos
LhaL ho sLoIo somo $u,uuu in arL in a
Lwo-monLh HamLons burgIary sroo LhaL
incIudod sociaIiLo Joanno Davis HaIIingby
Smuggling stolen antiquities is a huge
business. This Mayan bust was looted
from a site in Guatemala and discovered
by New York custom officers.
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THE WORLDS
BEST RESTAURANT
The Danish restaurant Noma in Copenhagen has been crowned, for the second
year running, Best Restaurant in the World in the San Pelegrino Worlds 50 Best
Restaurants awards, thanks to its unique and innovative rendering of native produce,
reports Scott Adams.
T
HL:RMA:M<HI>GA:@>G
is on a gaslronomic roII is an
underslalemenl. The Danish
cailaI, whose foodie credenliaIs once
slrelched onIy as far as beer and bacon, is
now al lhe cenlre of lhe Nordic cuIinary
Zeilgeisl and is lhe deslinalion of choice
for any discerning food Iover wilh a
assorl. This is IargeIy due lo one man -
a cerlain Ren Redzei, lhe Danish-
AIbanian chef al Noma, whose Iighl,
naluraI, fierceIy regionaI cuisine al lhe lwo-
MicheIin-slarred reslauranl has calauIled
lhe cily lo gIobaI cuIinary slardom.
The accoIades come as no surrise lo
lhose who have enjoyed Noma`s ingenious,
indigenous dishes, such as Danish beef
larlare wilh junier owder and larragon,
and Iangousline cooked on hol slones
wilh oysler sauce. Redzei`s cooking is
based around a hiIosohy of giving lhe
diner a sense of 'lime and Iace`, in olher
words, il is seasonaI and IocaI. He eschews
lradilionaI Iuxury ingredienls, ceIebrales
IocaI suIiers and inleIIecluaIises over
lhe use of wiId, foraged foods and lerroir-
focused ingredienls.
Noma`s success has had reverberaling
effecls aII across Coenhagen. Everyone`s
business has icked u, gourmand
lraveIIers are coming here more lhan
before, and eoIe are much more exciled
now aboul food, admils lhe 34-year-oId
chef who honed his skiIIs wilh Ierran Adri
al EI BuIIi in Sain and Thomas KeIIer al
The Irench Laundry in lhe US. The ubIic
has huge execlalions, bul lhey come
here wilh a osilive allilude, ready lo lry
somelhing differenl in a arl of lhe worId
lhal lhey haven`l been lo before. Il`s a very
osilive exerience and we`re deaIing wilh
lhe whoIe ressure eIemenl of il quile weII
as a leam, he says. Chef Ren Iikens lhe
sensalion al Noma lo being in lhe eye of a
hurricane. Il`s caIm, lhere`s no wind, bul
you can see around you lhal lhere`s crazy
sluff haening. Il`s cooI.
Irom his kilchen, in lhe converled
Noma is situated in an
old shipping warehouse
in Copenhagens trendy
Christianshavn district.
October 2011
Essentials
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Fresh scallops are served with
shaved garden vegetables and
edible flowers.
waLorsido warohouso in Lho ciLy`s Lrondy
ChrisLianshavn disLricL, Lho chof has had
such an imacL on rosLauranLs worIdwido
LhaL ooIo now rofor Lo Lho 'Noma offocL`.
Ho has boon crodiLod wiLh ro-osLabIishing
his rogion`s cuisino. This couId oasiIy go Lo
ono`s hoad, buL arL of Chof Ron`s charm
is his humbIo ouLIook. I Lhink iL`s a biL
boId Lo say LhaL wo havo ro-osLabIishod our
onLiro oaLing cuILuro,` ho admiLs. Wo don`L
havo Lho absoIuLo LruLh for how cooking
shouId bo in our rogion. Wo`ro jusL Lrying Lo
do Lho bosL wo can. Wo IanLod Lho soods,
and ooIo aro now insirod. Thoro is now
a movomonL Lo achiovo groaLnoss among
chofs, urvoyors and farmors.`
<A>?K>G{ is oxIoring Lho rogion
around Coonhagon Lhrough iLs
roducLs and iLs gasLronomy. Thoro
isn`L ModiLorranoan-Lyo woaLhor horo
or a 3uu-yoar-oId cooking cuILuro Lo
faII back on for hoI. IL`s jusL a maLLor
of doLorminaLion and oxIoraLion. Tho
soarch for gasLronomic LruLh shouId como
from wiLhin us,` ho musos. This rogion`s
cuIinary journoy mighL Lako many, many
yoars Lo como fuII circIo.` And so couId
goLLing a LabIo aL Noma. WoII, noL yoars,
buL monLhs. You` II nood Lo Ian aL IoasL
Lhroo monLhs in advanco Lo socuro a LabIo,
and ovon Lhon iL`s noL oasy, as Lhoy Lond Lo
bo bookod as soon as rosorvaLions oon.
Thoro is corLainIy a buzz as you cross
Chef Ren Redzepis cooking philosophy
is based on seasonal ingredients that are
locally sourced.
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roducod from smaII bIuo borrios naLivo
Lo Donmark, whiIo you`ro soLLIing in wiLh
your snacks. Tho firsL smaII dishos como
ouL Lhick and fasL, mosL of Lhom oaLon in
ono or Lwo biLos. An aImosL non-oxisLonL
uff of Sanish moss, crisod and dusLod
wiLh fino oarLhy orcini owdor; whoIo
Iooks, Lho aIo onds simIy doo-friod; and
a LruIy doIocLabIo Liny ryo broad sandwich
of chickon skin and Iumfish roo aro
among Lho sLandouLs. Tho suorb Iay of
LoxLuros boLwoon sIivors of raw chosLnuL
and Iojrom, anoLhor Lyo of fish roo; a
IiLLIo sLraw nosL hoIding Iiquid-conLrod,
smokod and ickIod quaiI`s oggs.
IL`s woodsy sLuff, croaLod by a Lhorough
knowIodgo of Lho IocaI onvironmonL,
and Lho acidiLy of oach dish is carofuIIy
honod Lo koo you wanLing moro. Tho
Ioaing-off oinL for Chof `s asaragus
and sruco dish is Lho facL LhaL Lhoy grow
LogoLhor in Lho fioId. Wraod in sruco
and griIIod, Lho whiLo asaragus Lakos
on a rosinous fIavour. IL`s IaLod-u wiLh
young, fino, Londor, fragiIo, doIicaLo,
doIicious,` as Chof onLhusos, shooLs of
sruco, whiod croam and a sauco mado
by juicing char-griIIod groon asaragus.
IL`s imorLanL Lo juico iL whiIo iL`s sLiII
hoL,` Chof Ron says. Tho Iiquid LhaL you
goL ouL of iL is insanoIy doIicious`. And so
iL goos, oIoganL, inLoIIigonL and sincoro,
aII Lho way Lhrough Lo Lho IasL courso.
So whoro do Lho doIocLabIo Lroasuros
usod in Lho kiLchon como from? Tho food
is vory Nordic, and a significanL numbor
of Lho ingrodionLs can`L bo boughL from
a sLoro,` oxIains Chof Ron. Noma has a
osso of foragors, who scour Donmark`s
hiddon ockoLs of forosL and coasLIino, and
soradicaIIy doIivor boxos of mushrooms,
buIrush, ramsons and oLhor oxoLic odibIos
Lo Lho kiLchon. IL roaIIy makos sonso as Lho
Lho LhroshoId and roaIiso LhaL you aro
abouL Lo dino in a rosLauranL LhaL has
mado cuIinary hisLory. And yoL, for aII iLs
cuLLing-odgo quaIiLios, iL`s a disarmingIy
Iow-koy and friondIy rosLauranL. Tho focus
on Lho sonso of Iaco is Lho driving forco
for ovoryLhing Lhoy do horo, from Lho uso
of Nordic ingrodionLs on Lho IaLo Lo Lho
sLono, Limbor, fur and oLhor maLoriaIs usod
in Lho dining room which soaLs 4u guosLs.
Evon Lho oId shiing warohouso IocaLion,
righL on Lho rivor, consiros Lo mako iL aII
Lho moro singuIar an advonLuro.
HG>H? Lho big surrisos aL Noma is
Lho drinks rogrammo - you can havo
a houso-mado soa-buckLhorn juico,
Noma was founded in 2004 by Chef Ren (bottom right) and Claus Meyer (bottom left). Both founders are proponents of the New
Nordic Cuisine Movement, which seeks to foster local agriculture, encourage environmentally friendly production, and establish food
with a uniquely Nordic identity among the worlds great cuisines.
The focus on the sense of place is the driving
force for everything they do here, from the use
of Nordic ingredients on the plate to the stone,
timber, fur and other materials used in the dining
room which seats 40 guests.
84
October 2011
85
Essentials
Cuisine
Lo soo Lho oLhor sido of Rodzoi, as ho
siLs wiLh his sLaff discussing Lho day`s
advonLuros, oxIoring cuILuraI dividos
and coIobraLing individuaI LaIonLs. Thoso
oxcursions aro imorLanL for many
roasons,` ho oxIains. IL`s good for Loam-
buiIding, buL aIso Lo discovor oxacLIy
whoro Lho ingrodionLs grow and in whaL
condiLions,` ho adds omhaLicaIIy. Chof
Ron is jusLifiabIy roud of Lho grou`s
coIIocLivo achiovomonLs and soaks
warmIy of Lho whoIo Loam`s conLribuLion
Lo making Noma Lho sociaI Iaco iL is.
This daring, buL sonsiLivo chof sLrongIy
boIiovos LhaL knowIodgo noL onIy makos us
moro rosonsibIo. This knowIodgo, whon
usod corrocLIy, can aIso mako us moro
croaLivo, moro sociaIIy ongagod, wiLh a frosh
undorsLanding and vision. IL is Lho LooI Lo
oon a window on Lho cuILuraI, hisLoricaI,
sociaI and scionLific conLoxL of Lho food aII of
us cook and sorvo ovory day.
havo a orfocL oxamIo of how iL shouId
LasLo on Lho IaLo. BuL iL`s moro Lhan LhaL.
Chof Ron boIiovos LhaL whon you LasLo
Lho ingrodionLs Lho momonL Lhoy IoL go of
Lho soiI, you Ioarn Lo rosocL Lhom. Wo
novor aILor Lho raw maLoriaI Lo such an
oxLonL LhaL, whon Lhoy roach Lho IaLo, Lhoy
no Iongor havo any connocLion wiLh Lhoir
origins,` ho oxIains.
Thoro aro Lwico-yoarIy foraging arLios
for Lho sLaff, whon Lho onLiro Loam hoads
off Lo dig, ick and Iay in Lho wiIds of
Donmark. Tho moLIoy band of chofs and
waiLors wandors Lho shoros of Iano, a
smaII isIand Lo Lho wosL of Coonhagon,
gaLhoring wiId oysLors, hoading inLo Lho
forosLs Lo coIIocL booch musLard, roso hi
and wood sorroI. As Lhoy rosL, Lhoy si an
infusion mado wiLh naLivo grassos and
grains as Lhoy Ioarn abouL Lho vory Lhings
LhaL aro usod in Lho Noma kiLchon.
Thoso Lris aro aIso an oorLuniLy
monu is vory IocaI,` says Chof. CuILuraIIy
Loo, I wanL Lo foIIow in Lhis dirocLion,
as horo in Scandinavia Lhoro is a vory
sLrong LradiLion of coIIocLing wiId food.
Mushroom icking is aImosL a riLuaI for
many famiIios.`
MA>?HK:@>KL arrivo aL Noma wiLh
Lhoir finds wiLhouL noLico, aL any Limo, ovon
during sorvico. ThaL`s a Iuxury noL affordod
Lo aII suIiors, buL Lhoso aro no ordinary
doIivorios. Thoy aro bounLios, roudIy
rosonLod and rosocLfuIIy handIod. Tho
gaLhorors aro sorious ooIo wiLh a sociaI
skiII, and whaL Lhoy rovido is a major
facLor in Noma`s succoss. Evory mombor of
sLaff has conLacL wiLh Lhoso wiId wandorors,
whoLhor iL`s by acking away Lhoir hauI,
assing on rocoiLs or woighing Lho goods.
IL foods a dosiro Lo discovor oach orson`s
own wiId sido, somoLhing which Rodzoi
sLrongIy oncouragos. BuL whaL is mosL
imorLanL Lo mo is LhaL my sLaff shouId bo
ouL Lhoro foraging Loo,` says Chof. AII of
Lho ooIo who work in Lho kiLchon go ouL
inLo Lho forosLs, Lho mounLains and on Lo
Lho boach. IL`s a arL of Lhoir job and if you
work aL Noma you wiII ofLon bo sLarLing
your day waIking Lhrough Lho mounLains
or on Lho shoro. I sLrongIy boIiovo LhaL
foraging wiII shao my sLaff as chofs. I
know iL has shaod mo.` EIaboraLing on his
hiIosohy ho oxIains LhaL if you soo how
a IanL grows and you LasLo iL in-siLu you
A small sardine is embedded in a crispy
ball flavoured with seaweed.
Noma, despite its
many accolades, is
a homely restaurant.
Stone, wood and other
local materials create a
Nordic atmosphere that
complements the food.
L
:=REN<DA:L@K:GM>=F>
an oxcoLionaI run of Iuxurious
high-orformanco machinos. IirsL
Lhoro was Lho Loxus IS I, Lhon Lho Jaguar
XJL SuorsorL and now Lho BonLIoy
ConLinonLaI GT. Can a man ask for moro?
Tho ConLinonLaI GT has boon BonLIoy`s
bosL-soIIor sinco iLs inLroducLion in 2uu3,
and aL firsL gIanco iL aoars LhaL Lho boys
in Crowo docidod noL Lo Lamor wiLh Lho
winning formuIa for Lho 2u12 modoI. BuL
LhaL firsL gIanco wouId bo wrong as Lhoro
havo boon quiLo a fow, aIboiL subLIo, Lwoaks
Lo Lho oxLorior. Tho mosL significanL chango
comos from moro croasos and body Iinos,
sLrongor haunchos and a moro squarod-off
roar ond wiLh wraod LED LaiI IighLs. A
fow oLhor add-ons for Lhis sIookor modoI
incIudo now whooIs, smooLhor sido anoIs
and chromo acconLs ovor Lho running
boards wiLh a soL of carbon fibro addiLions.
Tho fronL is sLiII dominaLod by a Iargor
Lhan ovor chromo griIIo. AcLuaIIy iL`s
bIaLanLIy IasLic, which is a biL sad on an
aroximaLoIy Dhsu,uuu couo (around
$28,uuu, doonding on oLions).
On Lho driving sido Lhoro havo boon a
numbor of major imrovomonLs. IirsLIy,
Lho 2u12 GT has a widor Lrack LhaL bodos
woII for imrovod cornoring. Undor Lho
hood Lhoro`s sLiII Lho samo 12-cyIindor,
6-IiLro owor uniL buL Lho orformanco
has boon uod Lo 423kW and ,uuNm
of Lorquo. Thon Lhoro`s Lho now six-sood
QuickshifL Lransmission LhaL roducos goar
chango Limos by u or conL and Iaunchos
Lho car from u-1uukm]h in 4.6 soconds.
Yos, many of iLs comoLiLors now boasL
sovon or oighL goars, buL six aro quiLo
onough for Lhis machino. And IasL, buL
noL IoasL, Lho GT now has aII-whooI drivo
wiLh a 4u:6u (fronL]roar) sIiL owor raLio
LhaL Lakos caro of Lho undorsLoor LhaL was
roorLod on Lho rovious modoIs LhaL had
a u]u sIiL. DosiLo aII Lhoso LochnicaI
ugrados, iL has ovon managod Lo shod
somo 3ukg in woighL.
Thoro havo aIso boon changos Lo
Lho inLorior wiLh Lho disLincLivo 'cobra`
dosign soaLs inLroducing Lho IaLosL
body-suorLing maLoriaIs for addod
comforL, Ius fronL-soaL vonLiIaLion and
a massago sysLom. Back-soaL assongors
goL moro Iogroom, aILhough iL`s sLiII vory
IimiLod. PIus Lhoro`s Lho now oighL-inch
LUXURY MISSION
With its launch in 2003 the Continental GT created a new segment of luxury cars
and quickly became Bentleys most popular model. The changes on the 2012 model
have made this classic coupe even better, reports Guido Duken.
Essentials
Test Drive
86
Portfolio
October 2011
87
The Continental GTs interior now has a centre console that houses the new eight-inch
touchscreen that possesses the latest navigation technology and places the cars audio
system, telephone and comfort settings at your fingertips.
of Lho ongino hanging ovor Lho fronL
axoI. Tho sorL modo aIso unIoashos
Lho fuII roar of Lho 12-cyIindor ongino
wiLh somo awosomo LhroLLIo bIis
Lhrown in as you goar down. IL`s a
Lhundorous, oxciLing driving oxorionco.
I Lhrow Lho samo cornors aL Lho BonLIoy
GT LhaL I had LackIod in Lho Loxus IS I
and Lho Jaguar XJL SuorsorL. Tho firsL
Lhing LhaL bocamo aaronL is LhaL iL`s noL
LhaL oasy Lo goL a good racing Iino on a
narrow road Lhanks Lo Lho GT`s widLh. In
LighL cornors you dofiniLoIy fooI Lho couo`s
2., Lonno woighL Lugging aL you, buL iL
sLiII orforms woII for a car of iLs sizo.
Long swooing cornors aro no robIom
whaLsoovor. You can cusLomiso Lho
susonsion daming via soLLings on Lho
Louchscroon - movo Lo a moro dynamic
soLLing and you can fooI Lho Ioss in rido
quaIiLy, which is moro Lhan mado u for
by Lho incroasod susonsion LauLnoss
and Iack of body roII. SLiII, whaLovor
Lho susonsion soLLing, wiLh Lho kind
of accoIoraLion Lhis BonLIoy boasLs you
romain oLornaIIy graLofuI for Lho oquaIIy
offocLivo disc brakos.
Mind you, aII LhaL owor doos como aL
a rico. I was having so much fun wiLh
Lho GT LhaL I didn`L roaIIy gIanco aL Lho
fuoI moLro. Whon I did, iL was a biL of a
shock. In Lho urban cycIo Lho ConLinonLaI
GT is raLod aL 2.4 IiLros]1uukm and 16.
IiLros]1uukm for Lho combinod cycIo. ThaL
oxIains Lho u-IiLro fuoI Lank Lhon.
BuL Lho ooIo who can afford Lhis car
aro noL going Lo caro abouL Lho fuoI biII.
WhaL Lhoy wanL is a Iuxurious driving
oxorionco, sLyIo, oxcIusiviLy and bragging
oinLs in Lho orformanco doarLmonL.
ThaL`s somoLhing Lhis BonLIoy ConLinonLaI
GT mosL corLainIy doIivors.
Louchscroon LhaL ossossos Lho IaLosL
navigaLion LochnoIogy and Iacos Lho car`s
audio sysLom, LoIohono and comforL
soLLings aL your fingorLis. And yos, Lhoro`s
sLiII onough IoaLhor, quaIiLy vonoors and
chromo diaIs Lo koo any arisLocraL hay.
Tho facL LhaL Lho ConLinonLaI GT is a
Iargo car bocamo obvious whon I ickod
iL u and had Lo navigaLo a ridicuIousIy
smaII and curvy oxiL from Lho undorground
garago wiLh Lho fronL and roar roximiLy
warning sonsors booing franLicaIIy. A foar
inducing momonL as Lhis is ono car LhaL
no journaIisL wanLs Lo roLurn damagod.
BuL onco I hiL Lho road iL quickIy bocamo
cIoar LhaL Lhis is an oasy car Lo drivo. AL
12ukm]h Lho IoudosL noiso I hoard was
Lho air sLroaming ouL Lho air-con ducLs.
ObviousIy Lho oxLra soundroofing in Lho
2u12 modoI has aid dividonds. Bums
in Lho road aro gonLIy absorbod by Lho air
susonsion, which incIudos InLoIIigonL
ConLinuous Daming ConLroI LhaL
consLanLIy moniLors Lho car`s aLLiLudo and
oiso by adjusLing Lho susonsion soLLings
hundrods of Limos a socond. ThaL doIivors
a suIo rido aL Iow soods and incroasod
conLroI as your sood cIimbs.
Your sood wiII dofiniLoIy cIimb. In drivo
modo Lho BonLIoy is woII bohavod, aILhough
iL has IonLy of owor on La from 1,6uu
rovs uwards. Squoozo Lho accoIoraLor
and Lhis 2., Lonno vohicIo Ioas forward
Iiko a foaLhorwoighL and Lakos caro of
nuisanco Lraffic in soconds. AL sano soods
Lho 21-inch whooIs, aII-whooI drivo and
EIocLronic SLabiIiLy ConLroI (ESC) sysLom
doIivor a gracious cornoring oxorionco.
BuL who wanLs Lo bo gracious?
LEBIIBG@MA> BonLIoy inLo sorL
modo jusL has Lo bo dono as iL unIoashos
a comIoLoIy difforonL animaI. NaLuraIIy
Lho goars shifL furLhor down, Lho rovs
cIimb highor and Lho susonsion goLs
LauLor. BuL noLhing roaIIy roaros
you for Lho adronaIino-inducing
accoIoraLion LhaL is unIoashod. Tho GT
is so ridicuIousIy oworfuI LhaL Lho noso
IifLs, which is no moan foaL wiLh mosL
The exterior is now far sleeker thanks to some subtle changes. The more squared-off
rear end now has stronger haunches and wrapped LED tail lights.
Portfolio
88
Essentials
Other Business
R
E
U
T
E
R
S
Tho NoLhorIands is known for
many Lhings, buL mounLains
aron`L ono of Lhom. In facL Lho
highosL naLuraI ground in Lho
NoLhorIands is aL VaaIsorborg,
in Lho souLhorn rovinco of
Limburg, wiLh an aILiLudo of
jusL 323 moLros LhaL makos iL
IiLLIo moro Lhan a hiII in Lho
Iow-Iying counLry.
IL doosn`L do omaiI, Lho inLornoL, havo a
camora, gamos or GPS navigaLion, buL
a now mobiIo hono from Donmark is
IiLoraIIy soIid goId.
Danish roLaiIor Aosir said iL hoos Lo
soII iLs $,,4uu, IimiLod-odiLion 18-caraL
goId honos Lo Moscow`s fashionabIo
oIiLo. Tho hono, which Look Lhroo yoars
Lo dovoIo, is noL a Iay Lhing," according
Lo comany foundor Thomas Jonson.
IL`s a coIIocLor`s iLom. PooIo aro usod Lo
coIIocLing, say, waLchos, whiIo dosignor
honos is a racLicaIIy omLy nicho,"
Jonson said.
Tho firm says iL wiII dosign a now hono
ovory 18 monLhs and roduco no moro Lhan
,uuu of iLs cIassic modoI, soId for t42,uuu
in goId and t,,2u in sLainIoss sLooI.
SovoraI of Donmark`s richosL famiIios,
incIuding Lho ownors of Loymakor
Logo, invosLod in dovoIoing Lho bIocky,
sLroamIino honos, dosignod by Yovos Bohar.
Luxury markoL anaIysLs soo Aosir`s
dosigns as an aILornaLivo Lo high-ond, gom-
oncrusLod mobiIos by Nokia`s BriLish mobiIo
subsidiary VorLu, cosLing from $6,uu Lo
$,2,uu.
Russia`s uILra-rich may woII Iunk down
Lhousands Lo fIaunL Aosir`s goId mobiIos,
arL-markoL invosLmonL oxorL NaLaIia
LogoLina said. BuL sho doubLod Lho honos
wouId bocomo coIIocLor`s iLoms.
Aosir, which is roIIing ouL modoIs in
CyriIIic and Chinoso, gonoraLod buzz wiLh
iLs gIiLzy romoLion in Moscow IasL monLh.
This hono is amazing - Lho innovaLions
bohind iL aro aIso groaL," said Russian
Lycoon Vadim Dymov, who owns moaL-
acking IanLs in Moscow and has sovoraI
concoLuaI arL rojocLs.
Bling and Ring
Howovor, somi-rofossionaI
cycIisL-cum-journaIisL
Thijs ZonnovoId sLirrod u
Lhings whon ho IaughingIy
wroLo a coIumn LhaL urgod
his counLrymon Lo croaLo
Lhoir own mounLain wiLh
aIino sIoos, moadows
and viIIagos. Tho noxL day
ho was surrisod Lo rocoivo
Dutch Dream Big
They may be witnessing their global
superpower influence decline in the face of
challenges from other emerging players on
the world stage, but Americans have been
voted the worlds coolest nationality in an
international poll.
Social networking site Badoo.com
asked 30,000 people across 15 countries
to name the coolest nationality and also
found that the Spanish were considered
the coolest Europeans and Brazilians the
coolest Latin Americans.
In Europe the Italians, French, British
and Dutch followed the Spanish in the cool
stakes. Mexicans and Argentinians rounded
off the top three cool nations in Latin America.
The Belgians were voted the least cool
nation in the world, followed by the Poles,
Turks, Canadians and Germans.
Americans
Still Coolest
numorous sorious rosonsos.
His caII rosonaLod wiLh Lho
onLorrising DuLch, whoso
onginooring rowoss has
aIIowod Lhom Lo dofond Iand
LhaL Iios boIow soa IovoI from
Lho raging waLors and Lo
ongago in major onginooring
foaLs abroad, such as buiIding
arLificiaI isIands in Dubai.
DuLch onginooring grous
such as Oranjowoud and
BarLoIs, aIong wiLh sorL
organisaLions, such as Lho
DuLch skiing associaLion
and Lho DuLch cIimbing and
mounLainooring associaLion,
havo moL Lo ondor Lho doLaiIs.
EsLimaLos of Lho cosL rango
from a fow biIIion ouros aII Lho
way u Lo 2uu biIIion ouros. If
and whon Lho rojocL Lakos off,
iL wouId rovido a major boosL
Lo Lho DuLch consLrucLion
socLor, which has boon hiL by a
roorLy downLurn.
GO BEFORE THEY'RE GONE
The last remaining tickets to the 2011 FORMULA 1 ETIHAD AIRWAYS
ABU DHABI GRAND PRIX are going fast.
Tickets: +971 (0) 2 446 0384 www.yasmarinacircuit.ae
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