Page 1

Portfolio

Issue 61 â– January 2011

Exclusive to Emirates First Class and Business Class

VENICE PALACES

Living in Luxury

SOLAR POWER

Not That Green?

A NEW WORLD

Investing in Maps

Zaha Hadid Building Her Dreams

emirates.com


THE EPIC II TIMEPIECE COLLECTION

Jacob & Co. Dubai Mall • Tel: +971 4 434 1448 BinHendi Jewellery, Mall of the Emirates • Tel: +971 4 3410711 Also Available in Dubai Duty Free


This issue January 2011

Portfolio

5

Exclusive to Emirates First Class and Business Class

Cover Story 22

A 360° Vision

COVER PHOTO: LUKE HAYES

SZaZAZ]b][^eb^o^lma^k^ÍlZehmfhk^mh Zk\abm^\mnk^maZg2)™Zg`e^l'A^kphkd bl_ehpbg`%\aZee^g`bg`Zg]`h^l[^rhg] paZmZgrZk\abm^\maZl]Zk^]mh]h'

Features 28 Designing a Hit Toy

48 Lost Worlds

What do children want? That’s a multi-million dollar question

Collecting old maps offers a unique combination of

every festive season. The latest fad that hit the top were

decorative art, geographic science, lost history and a sense

squishy toys named Squinkies that are the brainchild of a

of place. It also puts the world into perspective.

small toy maker.

32 Online Education

52 Renewable Power Instead of paying for electricity, the small Italian town of

In the traditional form online courses were aimed at

Tocco Da Casuria now makes money from generating

older students with jobs or those who couldn’t make it

renewable energy through wind turbines.

to campus for other reasons, such as distance. But now online education is being propelled by large classes and funding cuts.

36 A Fine Balance There’s no doubt that renewable energy is preferable to

56 Larger Than Life From lounge singer to Chilean mining magnate, Leonardo Farkas Klein leads a colourful and public life. That may put him at odds with some local businesspeople, but the less privileged love Farkas for his philanthropy.

fossil fuels, but there’s still an environmental bill to be paid. This has become very clear in California where solar installations are being built in the fragile desert ecosystem.

40 Hacking with Benefits Normally companies do not like people playing with their proprietary software. But in some cases it is tolerated or actually encouraged as hackers take the technology forward.

44 Japan’s Electric Headache Things can change rapidly as the Industrial Revolution proved. Japan, with its huge fossil-fuel-based auto industry, is worried that electric cars could spell the end for thousands of its companies.

44


Portfolio

6

Exclusive to Emirates First Class and Business Class

Essentials 61 The Last Blacksmith Nguyen Phuong Hung is Hanoi’s last blacksmith, but he is also symbolic of the end of the city’s Ancient Quarter that was once controlled by 36 guilds.

66 It’s a Doge’s Life To get the real feel of Venice you need to spend at least a night there. And when you spend that night in a palazzo, you will feel like royalty.

70

78

70 Hammering Convention Markus Luepertz is one of Germany’s most prominent artists. He is also one of its most ‘misunderstood’ and provokes ire, appreciation and plenty of discussion.

74 The Field Of Stars The Camino de Santiago de Compostela, otherwise known

74

as the field of stars, is an 800 kilometre, one-thousand-yearold trek through north western Spain.

78 Reaching for the Stars This February the Alpha Magnetic Spectrometer, designed to sift the high-energy particles flying through space known as cosmic rays, will be launched into space. It will either be a huge success or a monumental failure.

66

Departments

82 Sultans of Zing Regarded as one of the three classic cuisines alongside French and Chinese, Turkish cooking is often misunderstood. But this is a perception that Istanbul’s

9 Notebook

leading chefs are eager to change.

World business in a nutshell.

15 Observer

86 A New Benchmark The 2011 Grand Cherokee Limited leaves all its previous

Spotting and analysing business trends.

20 Column: David Carr Old Ideas, New Approach.

incarnations in the dust thanks to a complete redesign.

88 Other Business Portfolio takes a light-hearted look at the latest business news.

Published for Emirates by

PO Box 2331, Dubai, UAE. Telephone: (+971 4) 2824060, fax:(+971 4) 2824436, e-mail: emirates@motivate.ae

Editor-in-Chief Obaid Humaid Al Tayer Group Editor & Managing Partner Ian Fairservice Group Senior Editor Gina Johnson Senior Editor Guido Duken Deputy Editor Nick Rice Editorial Assistant Hilda D’Souza Art Director Tarak Parekh Junior Designer Roui Francisco General Manager Production & Circulation S Sasidharan 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 INTERNATIONAL MEDIA REPRESENTATIVES AUSTRALIA Okeeffe Media; Tel +61 89 381 7425, Fax +61 89 382 4850, okeeffekev@bigpond.com.au CHINA/HONG KONG Emphasis Media Limited; Tel +85 22 516 1048, Fax +85 22 561 3349, advertising@emphasis.net CYPRUS Epistle Communications & Media; Tel +35 72 246 6555, Fax +35 72 276 9999, nasreenk@epistlemedia.com FRANCE/SWITZERLAND Intermedia Europe Ltd; Tel +33 15 534 9550, Fax +33 15 534 9549, administration@intermedia.europe.com GERMANY IMV Internationale Medien Vermarktung GmbH, Phone: 0049 8151 550 8959, Fax: 0049 8151 550 9180 w.jaeger@imv-media.com INDIA Media Star; Tel +91 22 281 5538/39/40, Fax +91 22 283 9619, ravi@mediastar.co.in ITALY IMM Italia; Tel +39 023 653 4433, Fax +39 029 998 1376, lucia.colucci@fastwebnet.it JAPAN Skynet Media Inc.; Tel/Fax +81 43 278 6977, skynetmedia@y2.dion.ne.jp TURKEY Media Ltd; Tel +90 212 275 8433, Fax +90 212 275 9228, mediamarketingtr@medialtd.com.tr; UK Spafax Inflight Media; Tel +44 207 906 2001, Fax +44 207 906 2022, nhopkins@spafax.com USA Redwood Custom Communications Inc.; Tel 212-473-5679 x 313 , Fax 212-260-3509, brigitte.baron@redwoodcc.com

Emirates takes care to ensure that all facts published herein are correct. In the event of any inaccuracy, please contact The Editor. Any opinion expressed is the honest belief of the author based on all available facts. Comments and facts should not be relied upon by the reader in taking commercial, legal, financial or other decisions. Articles are by their nature general, and specialist advice should always be consulted before any actions are taken.

Printed by Emirates Printing Press, Dubai, UAE

Portfolio


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Notebook

9

BUSINESS NEWS IN BRIEF

The 2022 FIFA World Cup Qatar will require major construction projects.

Qatar World Cup Kick-starts Construction < HGLMKN<MBHG@B:GML:K>

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ma^g^qm_bo^r^Zkl' ■

January 2011


Notebook Wood Group Wins $800 Million Contract

Numbers Game

$422,500

was the price paid for the handwritten lyrics for ‘The Times They Are A-Changin’ by Bob Dylan at a recent auction at Sotheby’s in New York. More than doubling Sotheby’s pre-estimate sale, the artifact from the musical legend was bought by hedge-fund manager Adam Sender, who outbid five other contenders.

300

mph was the record speed recently clocked by a Chinese passenger train after it successfully completed a test run on the new high-speed link between Beijing and Shanghai. It is the fastest speed recorded by an unmodified conventional commercial train. The £21 billion project will cut the journey time between Beijing and Shanghai from the current 10 hours to less than five.

17

1.6

litre four cylinder engines will replace the 2.4 litre V8s currently used by the Formula One teams from the start of the 2013 season. This

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decision by the FIA’s World Sport Council is aimed at encouraging the sport to be more eco friendly. Smaller engines are expected to consume 35 per cent less fuel, whilst providing the same level of performance. more billionaires have signed up for the Giving Pledge set up by Microsoft founder Bill Gates and investor Warren Buffett that challenges America’s wealthiest to give away most of their wealth. So far 57 have joined the GatesBuffet effort.

CORBIS

10

£830

million has been earmarked by the UK government for fibre upgrades that will allow internet

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1.2

million pounds was the value of a 300year-old Stradivarious violin that was stolen when the owner, a musician in central London, went into a store to buy something to eat. British Transport Police have launched a public appeal to get the rare instrument back and the musician’s insurer has offered a £15,000 reward for information leading to its recovery.

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12

Resumés Rewritten

TEXT: HEBA HASHEM

Jay Leno Star of NBC’s The Tonight Show, Jay

segments such as ‘Jaywalking’. The show

Leno is a leading figure in the genre of

made history last year by being the first

half of which are cars and the rest

light-hearted one-on-one talk shows.

late-night programme to host an acting

motorcycles, Leno carefully states on his

His nightly monologues on the late-night

president when Leno welcomed President

website JayLenosGarage.com that the

shows are accompanied by famous

Barack Obama.

garage is not a museum; neither does he

guests and snappily titled comedy

Prior to hosting the Emmy Awardwinning The Tonight Show with Jay Leno, he perfected his comedy in clubs all over the United States, often

With a 200-plus vehicle collection,

purchase them as museum pieces. That is because he enjoys driving each and every one of the vehicles, which include rare cars such as a

exceeding 300 dates per year.

Bugatti Atlantic, a Monteverde, and

Although he permanently took

a turbine motorcycle.

charge of the show in 1992, Leno continues to tour in the comedy circle and averages more than 150 gigs a year.

Leno’s biggest infatuation is with vintage cars; he owns a 1955 Buick, a 1956 Chrysler Imperial, a Stanley Steamer, a 1966 Dodge Coronet

But when he’s not cracking jokes or hosting celebrities, Leno can be found with his cars. In fact, they are more like toys for the comedian, who

Hemi and a 1932 Packard Twin Six 12-cylinder Coupe. His favourite is said to be the McLaren F1, which was the fastest car on the planet in 1998. These classic beauties don’t stay

collects them in

indoors as Leno often drives them

his private 5,000

around the freeways of Los Angeles

square-metre garage.

and shows them off at exhibitions and on various television programmes. Leno’s managerial side comes to play at the garage, where he employs a team of mechanical geniuses who can fix, restore and customise just about every type of vehicle that exists. A professional, Swiss-born mechanicracer heads the team. The image of the celebrity Leno in mechanic’s overalls is more realistic than comical. One wonders if his garage staff appreciate his witty remarks and sarcastic comments as well as the millions of viewers that watch his show. ■

Portfolio


Notebook

Scotland’s Salmon Industry Boosts UK Economy L\hmeZg]ÍllZefhgbg]nlmkrbl^lmbfZm^]mh[^phkma ›.))fbeebhgmhma^ND^\hghfr%Z\\hk]bg`mhg^p _b`nk^lk^e^Zl^][rma^L\hmmblaLZefhgIkh]n\^klÍ Hk`ZgblZmbhg!LLIH"'Ma^k^ihkmlZb]maZmma^ bg]nlmkraZ]bgo^lm^]›+2'.fbeebhgh_\ZibmZe Zg]\k^Zm^]+,-g^pch[l':_nkma^k›+2/fbeebhg aZ][^^gli^gmhglniieb^klZg]l^kob\^lk^eZm^]mh L\hmeZg]ÍllZefhgikh]n\mbhg'LZefhg^qihkmlaZo^bg\k^Zl^] [rfhk^maZg.))i^k\^gmbgma^iZlm+)r^ZklZg]hg^fbeebhg

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Bring us the dream, we’ll make it float Why wait for your dream boat, when you can set sail tomorrow? With our highly experienced Marine Finance professionals working directly with you, you’ll be cruising the open seas before you know it. Consider it done.

Tel +971 4 405 0000 Fax +971 4 330 7144 www.gulf-finance.ae info@gulf-finance.ae

>LC==@E8E:< Gulf Finance Corporation PJSC is a finance company licensed and regulated by the UAE Central Bank.

January 2011

13


ADVERTISEMENT FEATURE

SME ADVICE Consider it done

GULF FINANCE

W

elcome to our latest advice column for small and medium sized businesses, brought to you by Steve Williams, CEO at Gulf Finance. Throughout his columns, Steve talks about the challenges faced by many SMEs and shares his thoughts and advice on how to deal with these challenges and come out stronger on the other side. Gulf Finance is an ambitious, progressive finance company operating in the commercial and consumer markets. Gulf Finance offers a variety of straightforward lending and deposit based products and believe in providing their clients with exceptional execution service delivered through a team of highly experienced, deeply motivated financial professionals.

STEVE WILLIAMS

A

ny SME owner knows that as far as the consumer is concerned, the final product is what really counts. Besides this, if you can keep a healthy margin and offer something that is superior to your competition, then you are in pretty good shape. Going that extra mile and adding that extra detail will make all the difference and the longer you can maintain that detail, the longer you can stay ahead of the game. Assuming you want to grow as a business, at what point do you have to sacrifice some of that detail in order to cater to a larger clientele? I will always remember a small delicatessen in a village that specialized in Italian-style produce, this place was the talk of the town and every product sold was perfect in every way imaginable. It was a shame when the owner decided to move on to bigger, and perhaps not better things – not long after he moved to a city and began selling his products in high volumes the quality went downhill, along with his reputation. When a business expands, the quality can sometimes contract, but it doesn’t have to be inevitable. As SME owners start to move away from the S and towards the M, it is only natural to focus more on the company’s direction and strategy rather than the specific products. In order to gain one without losing the other, you need to either start networking with genetic scientists who can start cloning asap or hire someone with the knowledge and acumen to concentrate on the day to day detail. It can be extremely difficult for some owners to let

GULF FINANCE

CEO, Gulf Finance

CEO, Gulf Finance

go of their first-born businesses, but there comes a time when you need a babysitter. Initially there will be the five calls a night to make sure everything’s alright, but after a while you know you can leave your precious bundle in safe hands. Although that sounds fine in principle, it’s a difficult line to draw between being a good delegator and a meddling boss.

Steve joined Gulf Finance in 2008 with a mandate to transform the 10-year-old firm into a boutique finance company focused on small and medium sized enterprises.

While I don’t suppose Donald Trump is reading this column, he is a rare example of a hands-on / gloves off boss. He may not have the depth of detail that some possess, but he has an equal, if not greater involvement with his generals. The Trump organisation is a great example of how a power pyramid should look, and the top block knows that if his base isn’t stable, the whole thing may not necessarily come crumbling down, but it will certainly put extra pressure on the rest. In his own words, “It’s always interesting to watch people who have been incredibly successful in their own businesses work in a group made up of equally strong personalities. It takes a special kind of leader who can effectively manage a team of veritable strangers and find the best way to get strong, winning performances from them.”

With more than two decades’ of leadership and hands-on experience in business banking, branch banking, customer segmentation, product development and customer treatment strategies, Steve knows his industry and his clients.

As most of us operate in a smaller circle, it is much easier to be involved with both the larger and the smaller picture. We can ensure that the service we provide is the standard we expect and if it isn’t, we can soon identify and address those issues that are letting us down. In our own way, we have a much greater opportunity than Trump for quality control and business development.

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Active in the Dubai based British Business Group, Steve is a former Director of Business Development for the association. He also is a Director for a Dubaibased venture capital firm and recently studied finance and accounting at the Executive Education department of the Stanford Graduate School of Business in California.

Consider it done.


Observer

15

BUSINESS NEWS IN BRIEF

Josh McFarland (left) started TellApart last year with Mark Ayzenshtat. They are both former Google employees who decided to embrace their entrepreneurial spirit.

Retaining Nimble Minds

© 2010 NEW YORK TIMES NEWS SERVICE

Google has grown from a tiny startup into a Valley mammoth, but it may also be losing its momentum, reports Clair Cain Miller. PA>G:IKH=N<MF:G:@>K:M

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January 2011


16

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Google is extremely generous with free food, massages, salary increases and bonuses. Despite this, Google is finding it harder to retain staff.

a^lZb]'ÊLhB`n^llma^rÍk^inmmbg`nipbma ma^\hfie^qbmr'Ë■ Portfolio


Observer The World

Top 10 COUNTRIES WITH THE MOST FACEBOOK USERS IN THE LAST SIX MONTHS Country

User

Growth

1.

United States

146,805,000

14.47%

2.

Indonesia

31,784,080

22.22%

3.

United Kingdom

28,820,660

5.81%

4.

Turkey

24,143,980

6.57%

5.

France

20,469,420

8.26%

6.

Philippines

18,901,900

27.22% 33.25%

7.

Mexico

18,243,080

8.

Italy

17,812,800

8.00%

9.

Canada

17,522,780

8.48%

16,915,900

43.50%

1.

USA

595

Germans Prepare to Build Tehran-Mashhad Maglev Train

2.

Germany

458

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3.

Spain

360

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4.

Italy

350

5.

United Kingdom

345

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6.

France

341

7.

Brazil

293

8.

Japan

257

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9.

China

245

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236

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10. India SOURCE: SOCIALBAKERS.COM

COUNTRIES THAT ARE MOST POPULAR FOR INTERNATIONAL BUSINESS MEETINGS (ICCA country ranking measured by number of meetings organised in 2009) Country

10. Austria/Netherland

Meetings

SOURCE: ICCAWORLD.COM

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COUNTRIES WITH THE CHEAPEST CELLPHONE PLANS Country

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fZ`g^mlmhk^ieZ\^ma^he]lm^^epa^^eZg]mkZ\dmkZbgl'Ma^fZbg $/Month

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1.

India

$12.90

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2.

China

$13.50

3.

Japan

$18.60

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4.

Taiwan

$23.74

5.

United Kingdom

$32.40

6.

Sweden

$34.05

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7.

South Korea

$36.20

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8.

Denmark

$39.00

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9.

Finland

$40.10

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10. United States SOURCE: ANEKI.COM

January 2011

$59.99

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17


18

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UK Petrol Prices Hit Record High

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Observer TEXT: HILDA D’SOUZA

O N E 2 W AT C H

Bahrain’s First Four Seasons Underway FZgZfZ;ZakZbg;Zr=^o^ehif^gm !;;="%Z+'.[beebhgpZm^k_khgm \hffngbmreh\Zm^]h__ma^ghkma lahk^h_ma^\ZibmZe%Zgghng\^]maZm \hglmkn\mbhgaZllmZkm^]hgpaZmpbee [^;ZakZbgÍl_bklm?hnkL^ZlhglAhm^e Zg]LiZ'Nihg\hfie^mbhg%ma^?hnk L^ZlhglAhm^epbeekbl^+)*f^mk^l Z[ho^;ZakZbg;Zr%mkZgl_hkfbg`ma^ FZgZfZldrebg^'FZgZ`^][r;;=%ma^ -,&lmhk^rahm^epbee\hglblmh_+/)`n^lm

Ian C. Read

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Ian C. Read, one of Pfizer’s most feted employees, has been

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promoted to the role of Chief Executive Officer. Read, 57,

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succeeds Jeffrey Kindler who retired from the company on

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December 6.

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Joining the American pharmaceutical giant in 1978, Read

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began his career as an operational auditor. He seemed to take

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great pride in making this optimistic opening statement on his

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appointment, “I have great confidence in the strength of our company and our leaders and will be looking at the performance and potential of all of our businesses to ensure we are delivering value to our customers and shareholders.” The former Vice President of Pfizer and the company’s head of

Sinopec to Acquire Occidental’s Argentina Unit

global biopharmaceutical operations has hit the ground running

China Petrochemical Corporation, Asia’s biggest refiner, has

to meet the immediate challenges arising from the concern

agreed to acquire Occidental Petroleum’s (Oxy) Argentine oil and

around Pfizer’s patent on its blockbuster cholesterol drug Lipitor

gas unit for $2.45 billion. This will be the Beijing-based company’s

that expires next year. The world’s top selling drug earned the

first investment in Argentina’s oil and gas industry. The deal, which

company $11.5 billion in sales last year, accounting for 23 per

is subject to government approval, brought Chinese bids for

cent of Pfizer’s $50 billion annual sales. Read’s appointment at

overseas energy assets to a staggering $38.8 billion last year.

this crucial juncture reflects the board’s confidence in him. The high expectations don’t seem farfetched given that

“Chinese companies are interested in acquiring energy assets that China needs in developing countries like Argentina because

Read has been a top scorer in leading worldwide sales and

they are seen as having less competition from the big established

marketing for the company’s pharmaceutical businesses,

oil majors,” said Shi Yan, an analyst at UOB-Kay Hian in Shanghai.

which accounted for nearly 85 per cent of Pfizer’s revenue.

The Occidental unit, Occidental Argentina Exploration &

The science graduate from London has begun strategising his

Production, holds an interest in 23 production and exploration

operations to secure global emerging markets to expand the

concessions in Santa Cruz, Mendoza and Chubut provinces, of

company’s customer base and thus compensate for the sales

which 19 are operating. The Chinese company would gain access

losses Lipitor is expected to suffer. This is just one of Read’s

to fields that produced more than 51,000 barrels of oil a day

focused moves. With a track record of nearly three decades

last year, or about one per cent of China’s daily crude imports.

demonstrating strength, foresight and competitive edge, there’s

Argentina’s proven oil reserves were 2.5 billion barrels as of the

much to be expected.

end of 2009.

January 2011

19


Commentary

20

DAVID CARR

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Rupert Murdoch

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© 2010 NEW YORK TIMES NEWS SERVICE

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A 360° VISION

CORBIS

Zaha Hadid believes there’s a lot more to architecture than 90° angles. Her work is flowing, challenging and goes beyond what any architect has dared to do, reports Scott Adams.

Portfolio


23

January 2011


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The Guangzhou Opera House, which was inaugurated last year, illustrates Hadid’s vision of architecture that complements nature and blends into the urban environment. Portfolio


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25

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The interior of the Guangzhou Opera House features extreme angles, another Hadid hallmark.

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“I wanted initially in my career to make buildings which sparkled like isolated jewels but now, as I get older, I want them to form a new kind of landscape, to flow together within contemporary cities and the lives of the people that live there.” January 2011

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STEVE DOUBLE

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26

IWAN BAAN

Although Hadid is now a sought after architect, many of her designs languished on the drawing board. The Rosenthal Center for Contemporary Art was her big breakthrough in 2003.

MAXXI, the acronym of the Museum of the Arts of the Twenty First Century, opened in Rome late last year. It is designed to form several layers.

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“With 360 degrees to choose from, why use just one. Nature is not uniform or grid pattered and its organic randomness is beautiful and inspirational.” Portfolio


Profile

27

The Hadid-designed London Aquatics Centre will be the first venue visitors see upon entering the Olympic Park during the London 2012 Summer Olympics. Its total building costs are estimated at £242 million.

lmk^ll^lmaZmp^fnlmfho^ZpZr_khf The Rosenthal Center for Contemporary Art in Cincinnati was hailed as ‘the most important American building to be completed since the Cold War’.

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“She believes that hybridmixed buildings will become very important in the future and that authorities should shun the concept of areas zoned for specific uses such as housing, entertainment and work.”

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Marketing

28

Blip Toys, a tiny company, introduced Squinkies at 16 for $10 and suddenly found it had a huge hit on its hands.

Designing a Hit Toy What do children want? That’s a multi-million dollar question every festive season. The latest fad that rang the tills are squishy toys named Squinkies, the brainchild of a small toy maker, reports Stephanie Clifford.

© 2010 NEW YORK TIMES NEWS SERVICE

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As the craze for Squinkies picked up, Blip Toys introduced new complementary lines such as the Cupcake Bakery.

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Marketing

29


Marketing

30

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Bill Nichols, the founder of Blip Toys, with a selection of his best-selling toy.

Portfolio


I’ll create opportunities, that’s my business plan

My BusinessPlan New mobile packages At Etisalat, we understand that every business has different needs. That’s why we have created My BusinessPlan – flexible packages that offer you great value, with local and international calls, data, SMS and exclusive offers on the latest smartphones.


Education

32

Online Education Traditionally online courses were aimed at older students with jobs or those who couldn’t make it to campus for other reasons, such as distance. But now online education is being pushed by large classes and funding cuts, reports Trip Gabriel.

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Anish Patel, a freshman biology student at the University of Florida, takes notes while watching a Principles of Microeconomics class online in his dorm room.

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Portfolio


Education

33

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“The University of Florida has faced sweeping budget cuts from the state legislature totalling 25 per cent over three years. That is a main reason the university is moving aggressively to offer more online instruction.”


Education

34

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In the United States online education is exploding as 4.6 million students took a collegelevel online course last year. Of these, three million were simultaneously enrolled in faceto-face courses.

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Environment

36

A FINE BALANCE There’s no doubt that renewable energy is preferable to fossil fuels, but there’s still an environmental bill to be paid. That’s become very clear in California where solar installations are being built in a fragile desert ecosystem, reports Todd Woody.

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Portfolio


37

A reminder to check under vehicles for desert tortoises on a truck’s mirror on the site of the BrightSource Ivanpah solar power plant.

With solar power plants approved that would cover 109 square kilometres of the California desert, environmentalists fear the impact of industrialisation on the desert.

A desert tortoise warms itself in the sun. BrightSource has a federal permit to relocate a maximum of 38 tortoises.

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Environment

38

By 2014, nearly 16 square kilometres of government-owned desert will be covered with 347,000 mirrors the size of billboards.

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Renewable Energy. Responsible solutions With problems come opportunities. With opportunities come choices: Choice of purpose. We at Apex Power Concepts choose our purpose of responsibility. Solar energy for sustainable development Solar energy for remote energy Solar energy for water heating Solar energy for area cooling

Responsibility to deliver flawless renewable energy solutions is our purpose.

Mirrors will focus solar energy on 140-mete towers topped with water-filled boilers to create steam and drive turbines.

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Solar energy systems SHARP, worlds leading manufacturer of solar cells, and Apex Power Concepts, regions premier system integrator, have teamed up together to bring to you range of solar systems that help combat ‘Global Energy Crises’ while mitigating ‘Global Warming’ effects. Working coherently and responsibly, we offer renewable energy solutions that not only promise but also deliver- flawlessly.

Want to know about global warming, its effects and solutions. Kindly visit us on our web. www.ApexPowerConcepts.com

Apex Power Concepts

#30, Beniyas Raod, Beniyas Building Deira, Dubai, UAE T:+971 4 2231185 F: +971 4 2271505 E: info@ApexPowerConcepts.com


40

Oliver Kreylos, a computer scientist, used a hacked Xbox Kinect to create a 3D interface. The Kinect is steadily finding new applications thanks to hackers and scientists.

Portfolio


Innovation

41

HACKING WITH BENEFITS Normally companies do not like people playing with their proprietary software. But in some cases it is tolerated or actually encouraged as hackers take the technology forward, reports Jenna Wortham.

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“Other creative uses of the Kinect involve drawing 3-D doodles in the air and then rotating them with a nudge of the hand, and manipulating colourful animated puppets on a computer screen.”

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Microsoft initially rankled but has softened to programmers, roboticists and tinkerers that are getting the Kinect to do things it was not really meant to do. Portfolio


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Philipp Robbel, a robotics student, cobbled together the Kinect and an iRobot Create, which uses the Kinect's sensors to detect humans and respond to gestures. January 2011

Innovation

43


Industry

44

Japanâ&#x20AC;&#x2122;s Electric Headache

PHOTO: ISTOCK PHOTO

Things can change rapidly as the Industrial Revolution proved. Japan, with its huge fossil-fuel-based auto industry, is worried that electric cars could spell the end for thousands of its companies, reports Hiroko Tabuchi.

Portfolio


45

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© 2010 NEW YORK TIMES NEWS SERVICE

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January 2011

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Industry

46

“Adoption depends greatly on factors like government policies, the price of fuel and how fast the infrastructure for batteries and recharging can be set up, analysts say.” Ê>e^\mkb\\ZklpbeeaZo^_Zke^llh_ ma^dbg]h_iZkmlmaZmp^Ío^ZepZrl fZgn_Z\mnk^]%ËlZb]AbkhmhlabAZkZ]Z% ma^iZkmlfZd^kÍlik^lb]^gm'Ê;nmma^rfZr k^jnbk^iZkmlmaZmg^o^k^qblm^][^_hk^%Ëa^ lZb]'ÊMaZmÍlpaZmp^pZgmmh_bg]hnm'Ë

Masashi Terada, director of technical engineering at ASTI, a parts making company that is developing cables for electric vehicles, with a mock-up electric car used to aid the company in its research.

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The battery pack for a Chevrolet Volt at General Motors' assembly plant in Detroit. Car manufacturers are working with electronics companies to produce better batteries.

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Portfolio


Industry

47

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Above and below: Electric cars use completely different components to standard fossilfuel-powered vehicles. The internal combustion engine has many more parts than a standard electric motor.

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“Now ASTI says it faces its biggest challenge yet: to develop wiring and cables that will withstand the greatly increased electricity needs of an electric car.”

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January 2011


Culture

48

Lost Worlds

Collecting old maps offers a unique combination of decorative art, geographic science, lost history and a sense of place. It also puts the world in perspective, discovers Andy Round.

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This map by Jan Linschoten was published in 1599 and sells for around £8,000. It guided captains of the Dutch East India Company to the spice islands.

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Portfolio


Culture

49

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Ê?bgZeer[nrma^Z[lhenm^[^lmmaZmrhn January 2011


Culture

50

Left and right: Some maps are more valuable than others thanks to their history. This map of the Congo was originally blank in the centre as no cartographer had been there. It was filled in by the famous explorer Henry Morton Stanley. The map sold for £77,675 at a Christie’s auction this year.

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“We are seeing greater interest in maps than ever before. They are accessible forms of art. Anyone can look at a map and understand what the mapmaker was trying to say. It’s not like abstract art.”

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Culture

51

=kDkblmbZgC^gl^g%a^Z]h_\hee^\mbhglZm ma^;kbmblaEb[kZkr%Z_m^kl^gm^g\bg`' Bg^obmZ[er%ZeefZi[khd^klZg]]^Ze^kl bglblmmaZmphne]&[^\hee^\mhkllahne] \Zkkrhnm^qm^glbo^k^l^Zk\ah_ma^bkhpg [^_hk^^gm^kbg`ma^fZkd^mZg]hgernl^ k^inmZ[e^]^Ze^klpbmaZlmkhg`k^\hk]h_ bgm^`kbmr'ÊP^Zk^l^^bg`\hnkml\kZ\dbg` ]hpgfhk^ob`hkhnlerma^l^]ZrlZl ma^l^ma^_mlZk^ghmcnlmk^`Zk]^]ZlZ ma^_mh_iZi^k[nmZelhZma^_mh_\nemnk^ Zlp^ee%ËlZrlFZklaZee'Ê:iZbg_nee^llhg aZl[^^ge^Zkg^][rlhf^eb[kZkb^l'Ë ;nmma^k^blZghma^kmkZ`^]r_Z\bg` fZil'Pbmama^k^e^gme^lliZ\^h_ From top: The first map to illustrate South Africa was printed in 1513 by Martin Waldseemüller (value around £5,000); Abraham Ortelius’ world map from the first ‘modern’ atlas which was printed in 1572 (£7,000); Peter van der Aa was one of the last of the Dutch decorative map makers. This map was made in 1714 and sells for around £900.

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Š 2010 NEW YORK TIMES NEWS SERVICE

52

Small towns like Tocco da Casuria are leading the Italian investment in renewable energy.

Portfolio


Energy

53

RENEWABLE POWER Instead of paying for electricity, the small Italian town of Tocco Da Casuria now makes money from generating renewable energy through wind turbines, reports Elisabeth Rosenthal.

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January 2011

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Production of green electricity earned Tocco €170,000 last year, money which is very welcome in this region of Italy.

Tocca does not use its own renewable energy as it is fed into the national grid.

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Thanks to the income from renewable energy, Tocco has tripled its budget for street cleaners and is able to maintain the roads.

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January 2011

Energy

55


56

Larger Than Life

Š 2010 NEW YORK TIMES NEWS SERVICE

From lounge singer to Chilean mining magnate, Leonardo Farkas Klein leads a colourful and public life. That may put him at odds with some local business people, but the less privileged love Farkas for his philanthropy, reports Alexei Barrionuevo.

Leonardo Farkas Klein, a mining executive, is a media darling in Chile thanks to his philanthropy. Portfolio


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January 2011

Profile

57


58

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“He says that working in Chile’s mining areas brought him closer to the country’s poor and inspired him to do more charity work.”

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Farkas, thanks to his years on the entertainment circuit, knows how to make a splash. Here he is pictured on October 19, 2010, welcoming the Chilean miners home. Farkas made international headlines when he donated $10,000 to each of the miners’ families long before their rescue.

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Profile

59

Farkas is considering selling the majority of his mining assets so he can concentrate on philanthropy.

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“He says that working in Chile’s mining areas brought him closer to the country’s poor and inspired him to do more charity work. He now supports 16 orphanages for young girls.”

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Bg+))1a^]k^pgZmbhgZeZmm^gmbhg January 2011


Essentials

Essentials Culture

THE BEST OF LEISURE AND LIFESTYLE

A HOT TRADITION Nguyen Phuong Hung is Hanoi’s last blacksmith, but he is also symbolic of the end of the city’s Ancient Quarter that was once controlled by 36 guilds, reports Seth Mydans.

January 2011

61


62

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Nguyen Phuong Hung, a third generation blacksmith, works at his tiny corner shop in the Ancient Quarter of Hanoi. Portfolio


Essentials Culture

63

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CORBIS

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Antiques, plus items that are made to look like antiques, are for sale on the pavement of Hanoi’s Ancient Quarter. The area, which was once controlled by guilds, is now focusing on tourists.

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“Once I am gone the street will have no meaning anymore,” he said. “Blacksmith Street will be only a name.” ,/gZkkhplmk^^mlbgAZghbÍlmk^^&laZ]^]

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CORBIS

© 2010 NEW YORK TIMES NEWS SERVICE

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Wooden stamps were once mainly made for local businesses, but today they are sold as handicrafts to tourists. January 2011


Essentials

Culture

“Blacksmith Street got its name at the beginning of the 19th century, Phuc said, when French colonial administrators sent out a call for metal workers to help build the Long Bien bridge over the Red River.”

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64

A local travel agency, with a real Soviet-made Minsk motorcycle hanging over its facade, specialises in tours of northern Vietnam.

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Nguyen Phuong Hung is the last blacksmith on Blacksmith Street. He's doing good business as the Ancient Quarter is renovated or rebuilt.

phkd%Zg]maZmbmpZlabl]^lmbgrmh[^Z [eZ\dlfbma'A^k^f^f[^k^]abl_Zma^kÍl Portfolio


Essentials Culture

Hung’s blacksmith shop is also a social gathering place. There’s a table with tea and customers can have a chat while he works.

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“It is not a glamorous look, and Hung said his wife told him she never would have married him if she had known he would become a blacksmith.”

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January 2011

65


66

Essentials

Accommodation

It’s a Doge’s Life To get the real feel of Venice you need to spend at least a night there. And when you spend that night in a palazzo, you will feel like royalty, reports Scott Adams.

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PALAZZO DANIELI

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Mh]Zrbmblihllb[e^mh^gchrma^ Portfolio


Essentials Accommodation “The highlight of any stay there is to sleep in the Suite del Doge. Once you have climbed the ‘Golden Stairs’ to the first floor you are greeted with a view of the magnificent picture gallery.”

The Suite del Doge in the Palazzo Danieli is a shrine to Baroque opulence.

The Palazzo Gritti is as luxurious as its counterparts, but the decor is more subtle with a very refined Venetian tone.

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The Palazzo Danieli’s foyer was designed to impress visiting dignitaries 600 years ago. Today, it has lost none of its impact. January 2011

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67


68

Essentials

Accommodation

When it comes to views of the Grand Canal the Palazzo Gritti is hard to beat.

The Europa & Regina may have the best location in Venice. The massive wrap around terraces offer stunning views.

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Portfolio


Essentials Accommodation _Zf^]O^gb\^Hi^kZAhnl^%bmÍlZlihmmaZm

EUROPA & REGINA

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hi^kZahnl^%ma^@kZg]<ZgZeZg]Lm

For a sense of style and grace it is hard to beat the Europa & Regina sitting room with its antique furniture. January 2011

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[eZ\d`hg]heZl`eb]bg`iZlmZg]\ank\a ]hf^ling\mnZmbg`ma^ldrebg^'■ For more information and reservations for the Danieli, Gritti Palace and the Europa & Regina visit starwood.com/ venice

69


70

Essentials

Art

Portfolio


Essentials Art

Hammering Convention Markus Luepertz is one of Germany’s most prominent artists. He is also one of its most ‘misunderstood’ and provokes ire, appreciation and plenty of discussion, reports Michael Slackman.

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© 2010 NEW YORK TIMES NEWS SERVICE

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January 2011

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71


72

Essentials

Art

Luepertz with his latest creation, Hercules, which has been ordered by the former mining town of Gelsenkirchen.

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\nemnk^%la^lahne]lmhima^`ho^kgf^gm Portfolio


Essentials Art

The Fallen Warrior was created by Luepertz in 1994 and found a permanent home in Berlin a year later. Like all his art it has caused plenty of discussion.

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“His dandiness is a kind of curtain, an iron curtain between him and the ordinary people, him and the world, it is a curtain he needs to be protected in his own artistic world.”

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January 2011

73


74

Essentials

Hiking

Silhouetted against the sky: pilgrim sculpture above Pamplona.

THE FIELD OF STARS The Camino de Santiago de Compostela, otherwise known as the Field of Stars, is an 800 kilometre, one-thousand-year-old trek through north western Spain. Santiago is the destination: an ancient cathedral city, but as Howard Scott discovers, sometimes the journey itself is a more meaningful experience than the arrival.

Portfolio


75

© 2010 NEW YORK TIMES NEWS SERVICE

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January 2011


Essentials

76

Hiking

Meandering through ancient landscapes, the route reveals a variety of worlds.

PHOTOS: ANNE MARIE KRAHN

“If the menus become a bit similar along the route then the journey’s different towns have their distinctive specialties. Sampling is rewarded. ” obghmbgmhZg]pZm^k%Zg]bmZkkbo^lbg

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Galician sweet: the Santiago Tart features prominently on Menus del Peregrino.

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77

FRANCE

Atlantic Ocean

Atlantic Pyrénées

Camino de Santiago de Compostela Pamplona

Leon Logroño

ILLUSTRATION BY ROUI FRANCISCO

Burgos

SPAIN PORTUGAL

Madrid

Spains changing seasons: the walk can be made year-round but is most popular in summer.

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Tripping the mainline: Camino Frances stretches 780 kilometres from the French Pyrenees to Santiago de Compostela.

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January 2011


Essentials

78

Š 2010 NEW YORK TIMES NEWS SERVICE

Science

Sam Ting with the Alpha Magnetic Spectrometer at CERN in Geneva. The device will be launched on the space shuttle Endeavour in February. Portfolio


79

REACHING FOR THE STARS

A

This February the Alpha Magnetic Spectrometer, designed to sift the highenergy particles flying through space known as cosmic rays, will be launched into space. It will either be a huge success or a monumental failure, reports Dennis Overbye.

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Essentials

Science

Ting is a 74-year-old Nobel laureate who discovered a new particle in 1974. Critics contend that the Alpha Magnetic Spectrometer is one experiment that should never have been approved.

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REUTERS

80

The Alpha Magnetic Spectrometer on its way to the Kennedy Space Centre. The device will be housed on the International Space Station, boosting its scientific credibility.

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iarlb\blmlmaZmlmbeeebg`^kl' Portfolio


81

The Alpha Magnetic Spectrometer is designed to sift through cosmic rays. It should be able to identify dark matter that may determine the architecture of the universe.

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82

Essentials

Cuisine

SULTANS OF ZING Regarded as one of the three classic cuisines alongside French and Chinese, Turkish cooking is often misunderstood. But this is a perception that Istanbul’s leading chefs are eager to change, reports Mike MacEacheran.

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Changa restaurant, close to Taksim Square, offers Turkish cuisine blended with modern dishes.

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83

TOP TABLES ■ TUGRA Ciragan Palace Kempinski Istanbul Ciragan Caddesi 32, Besiktas Tel +90 (212) 326 4646 kempinski.com/en/istanbul ■ SEASONS Four Seasons at Istanbul Sultanahmet Tevkifhane Sokak 1, Sultanahmet-Eminönü, Tel: +90 (212) 402 3000 fourseasons.com/istanbul ■ ÇINTEMANI Ritz Carlton Istanbul Suzer Plaza, Elmadag, Askerocagi Caddesi 15, Sisli Tel: +90 (212) 334 4444 ritzcarlton.com/en/Properties/Istanbul/ ■ CHANGA Cihangir Mh. Sıraselviler Caddesi 47, Taksim Tel: +90 (212) 251 7064 changa-istanbul.com/v2/changataksimmain.asp

Above: Tugra is an upmarket restaurant with a stunning view of the Bosphorus and a menu brimming with Ottoman dishes. Right: Fresh mackerel sandwiches, made on restaurant boats, are the local form of fast food. Below: Tugra offers a huge selection of mezze dishes.

January 2011


84

Essentials

Cuisine

Chef Ali Ronay, of the Çintemani restaurant, believes that Istanbul may have the world’s most diverse cuisine.

Istanbul’s Galata area is overflowing with trendy restaurants that are packed in the evening.

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Essentials Cuisine hkb`bgZe]^o^ehif^gmZg]]bo^klbmr'Ë Ê=nkbg`ma^HmmhfZgk^b`gpaZm pZl\hhd^]bgma^l^iZeZ\^lpZlo^kr lhiablmb\Zm^]%[nmpaZmblfhlmer\hhd^] Zmahf^mh]Zrbleh\ZeZg]lbfie^ _hh]%Ë\hgmbgn^l<aZg`Zk^lmZnkZgmÍl <boZg>k'ÊK^\^gmerin[ebla^]Mnkdbla \hhd^kr[hhdl%Zg]^li^\bZeerma^hg^l Z[hnmma^HmmhfZgÍl^Zmbg`\nemnk^% Z\mZlZ[kb]`^[^mp^^gma^iZeZ\^Zg] ma^fZghgma^lmk^^m'Ma^Ziik^gmb\^ mkZ]bmbhgbllmbeehg`hbg`[nmma^k^Zk^ Zgnf[^kh_g^p\hhd^krl\ahhelbg BlmZg[ne_h\nlbg`hg\hhdbg`m^\agbjn^l pbmaZfhk^fh]^kgZiikhZ\a'Ë PbmaaZe_ma^ihineZmbhgh_Mnkd^r The Istanbul Spice Market, thanks to being at the crossroads of East and West, offers a huge variety of spices.

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Chef Sava Aydemir believes that Turkish cuisine is going through a renaissance by embracing local dishes but taking them in a new direction.

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January 2011

85


86

Essentials

Test Drive

A New Benchmark

The 2011 Grand Cherokee Limited leaves all its previous incarnations in the dust thanks to a complete redesign, reports Guido Duken.

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Portfolio


87

The new Grand Cherokee has a more aerodynamic shape with a drag coefficient of 0.37. Paired with the 3.6-litre Pentastar engine the Cherokee uses 10 per cent less fuel than its predecessor.

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The cabin interior is well finished in fine leather and wood accents plus a long list of features that all come as standard.

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January 2011


Essentials

Other Business

MONEY JIGSAW Sometimes Lady Luck will bestow her blessing on someone following a particular unlucky event. Such was the case of a Taiwanese man, named Lin, who dropped a bag containing T$200,000 ($6,600) in T$1,000 bills into his plastics factory’s GETTY IMAGES

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Kabul Gets Two Day Weekend – For Now :_`aZgblmZgaZlZhg^&]Zrp^^d^g]%pbma?kb]Zr[^bg`ma^]Zrh__';nmma^

shredding machine last month. But all was not lost as with the help of a local official, Lin had the shredded notes passed on to the forensics division of the Justice Ministry’s special investigations unit, which offers a free service repairing damaged cash. There 30-year veteran forensic scientist

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Liu Hui-fen put all 200 notes back together

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in seven days, a task, she was quoted as

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saying, that was “difficult” and “required patience”. The central bank has determined that the notes have been sufficiently restored to its

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requirement for three-quarter completeness,

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and will return the cash to the lucky Mr. Lin.

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A Justice Ministry official said that the unit receives about 250 cases of damaged notes

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each year after fires or similar incidents, and

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attempts to repair as many as possible free

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of charge.

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Masa has upped its prices.

NYC Restaurants Rebound Ma^k^\^llbhgli^\bZebl]^Z]'Mphr^ZklZ_m^kma^\heeZil^h_E^afZg;khma^kl%G^pRhkd bl_bgZeerbgma^fb]lmh_ma^@k^ZmK^lmZnkZgmK^\ho^kr' FZlZ%G^pRhkdÍlfhlm^qi^glbo^ieZ\^mh^Zm%abd^]bmllnlabhfZdZl^[Z\dnimh -.)4bmaZ]\aZk`^].)e^llbgma^]^imalh_ma^]hpgmnkg':g]FZkbh;ZmZebÍl=^e Ihlmhfho^]mhZikbq&_bq^_hkfZmZg]kZbl^]bml\hlmeb^lmmZlmbg`mh.))' Fbg^mmZMZo^kg\aZk`^],/_hkma^bklmkbilm^Zdbg+))2'GhpbmÍl-1'Ma^mph& Fb\a^ebglmZk;khhderg?Zk^Íll^mf^gn%pab\a\hlm2.i^ki^klhg%blghpZm*,.'BmÍlZ mph&fhgmapZbmmh`^mbg' >e^o^gFZ]blhgIZkd%pahl^mak^^&\hnkl^]bgg^kf^gnpZl11%ghpl^mlbml]bgg^k fbgbfnfZm*+._hkZehg`^kmZlmbg`'LZf^]ZrmZ[e^l_hkmphZmI^kL^%hg\^\hffhg% Zk^mhn`a^kmh\hf^[r'Ma^+0.&i^k&i^klhgo^gn^blfhlmer[hhd^]Zfhgmahnm' Por tfolio


El Toro Patented Perpetual Calendar. Self-winding Movement. 18 ct rose gold case with ceramic bezel. Water-resistant to 100 m. Also Available in Platinum. Limited to 500 pieces. W W W. U LY S S E - N A R D I N . C O M

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Portfolio | January 2010  

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