Monthly Archive for September, 2009

Why Australia Escaped the Global Financial Crisis

Australia isn’t called “The Lucky Country” for no reason, but in this case the country also helped to make their own luck:

In the final quarter of 2008, Australia’s economy narrowly contracted. Since then, however, the country has recorded two positive (if anemic) quarters of economic growth — 0.6 percent between April and June, following a 0.4 percent increase between January and March — thus avoiding the feared two consecutive quarters of negative economic growth that define a recession. Unemployment, though edging upwards, is a respectable 5.8 percent.

By contrast, the U.S. continues to languish in negative growth territory for the fourth consecutive quarter. Unemployment is 9.7 percent with hundreds of thousands of jobs still hemorrhaging each month.

Why has Australia proved so resilient? Part of the story, say experts, is its status as the “lucky country” — a function of its sunny climate, geographic detachment from the world’s troublespots and, most of all, its abundant natural resources. Over the past decade, Chinese demand for Australian commodities — particularly coal and iron ore — has helped bring unprecedented bounties to local coffers.Yet even since the global recession, China has continued to treat Australia as its quarry. Its strategy involves the import of raw materials, taking advantage of low commodity prices, for an ambitious construction program of roads, railways, ports and new housing.

As Tony Morriss, senior strategist for ANZ Bank, told GlobalPost: “China being a Communist country has flooded their economy with stimulus and it’s been very effective. The demand for our raw materials has had an immediate effect.”

In the first quarter of 2009, China bought a record quantity of Australian iron ore. This caused Australia’s overall export volume to rise even though demand from Australia’s other trading partners collapsed. Australia’s luck was its strength in commodities — this gave it an advantage over manufacturing economies Germany and Japan which suffered craters in demand for their cars and electrical goods.

According to Morriss: “Because of our interrelationship, China and Australia have come out of this global financial crisis better than anyone else.”

Yet Australia’s resilience is as much a product of good management as good luck. Its banks are subject to much tighter prudential supervision and transparency requirements than their U.S. counterparts. Of the 11 international banks with an AA credit rating, four of them are Australian. And by and large, Australian banks avoided trading toxic subprime mortgage securities — a dangerous game that crippled overseas balance sheets.  [Global Post]

Picture of the Day: Unusual Caterpillar

Bright eyespots on the abdomen of the pale brown hawk moth caterpillar deter potential attackers.
Bright eyespots on the abdomen of the pale brown hawk moth caterpillar deter potential attackers.

Via Australian Geographic.

20% of Australian Species Face Extinction

It is a bit ironic how much attention Japanese whaling of non-endangered whales gets every year when in Australia one in five native species are facing extinction according to this report:

ONE in five species of Australian mammals are at risk of extinction, a report has found.

Of the 388 species of mammals found naturally in Australia, 78 are listed as vulnerable, endangered or extinct in the wild.

In addition, nearly 14 per cent of amphibians, five per cent of reptiles and six per cent of birds are at risk.

The figures are included in a new report, The Numbers of Living Species in Australia and the World, released by federal Environment Minister Peter Garrett today.

Mr Garrett said the report was the only one in the world to document the world’s 1,899,587 known plant and animal species.  [AAP]

Adelaide One Year Away from Running Out of Drinking Water

At least according to this politician:

ADELAIDE is just one dry year away from becoming reliant on bottled water, a South Australian politician says.

Australian Democrats MLC David Winderlich has called on the Federal Government to declare a state of emergency on the River Murray after it was revealed salinity levels at Tailem Bend were not far from reaching dangerous proportions.

The pumping station at Tailem Bend, about 100km east of Adelaide, supplies the SA communities from Keith in the southeast to the Narrung Peninsula.

It is understood that the recommended safe drinking water salinity level, as set out by the World Health Organisation, is 800EC (electrical conductivity).

However, according to river and flood plain ecologist Keith Walker, the water at Tailem Bend has reached 1200EC and will require action by the state Government if it reaches 1400EC.

“Most people can tolerate this level of salinity, but people with underlying health problems could be susceptible to salinity levels above 1400EC,” Mr Walker said.

“The future of the Murray as a town water supply is not at all secure.”  [AAP]

I think the guy is hyping the situation to make it appear worst then it is to get people to do something about it.  At least this guy isn’t scaremongering as bad as this woman who claims Sydney would run out of water by 2010 and shortly after that it would be time to evacuate Australia.

Australia’s Twelve Apostles Now Down to Seven

The ferocious waves that crash into Victoria’s southwestern coast have continued to carve away at one of Australia’s most recognized landmarks:

THE Twelve Apostles are now the Seven Apostles. Neil Sander, a tour operator noticed that one of the remaining Apostles had fallen at just after 5pm yesterday.

And with the Grand Final today Mr Sander believes it could be an omen.

“The Geelong surf coast beats a Saint again,” he said.

“I went ‘oh my god’.”

He arrived on the scene with a tour group of nine people and instantly noticed the missing apostle.

But by the time the group had arrived there wasn’t much to see, according to Mr Sander.

“Just a little bit of rock sticking out. The water was murky too, almost an army green mixed with a creamy colour.”

The apostle was one of those nearest the Loch Ard Gorge and Port Campbell and just before the remains of the Island Arch formation.  [Herald-Sun]

If you haven’t already I highly recommend reading my prior posting of my visit to beautiful Port Campbell National Park, which is where the 12 Apostles are located.   There you can see great pictures like the one below of this beautiful coastline:

On Walkabout In: Santa Fe New Mexico

A few months ago my wife and I took a drive up from El Paso to the historic state capitol of New Mexico, beautiful Santa Fe.  Santa Fe’s downtown areas has got to be one of the most scenic downtown areas in all of the United States due to the city’s historic architecture and stunning backdrop of the Sangre De Cristo mountains:

I think the best way to see Santa Fe is by foot.  So my wife and I found a place to park near the city center and began a walk to all the major historic attractions in downtown Santa Fe following the course outlined below:

Our walk began just like most people’s walks around Santa Fe at the Plaza in the center of downtown which was the official end point of the old Santa Fe trail:

Across the street from the plaza, is the historic and extremely interesting Palace of the Governors:

Built in 1610 this adobe building served as the seat of government for the Spanish Empire in Nuevo New Mexico.  The building came under the control of the Native Americans in 1680 when the Pueblo Revolt forced the Spanish out of Santa Fe.  The building was not reclaimed by the Spanish until Don Diego de Vargas led a Spanish military expedition to recapture the capitol in 1693.  In 1821 the building became the local seat of government for the new Mexican Empire after Mexico declared its independence from Spain.  This building would see another government set up here as well in 1846 when American General Stephen Kearney led an expedition to occupy Santa Fe during the Mexican-American War.  After the war the United States would retain possession of Santa Fe with the Palace of the Governors serving as the local seat of government for the newly established New Mexico Territory. However, this wouldn’t be the last change in government that the building would see.  In 1862 Confederate soldiers would occupy Santa Fe and they used the building as a temporary headquarters before being expelled from the capitol. 

As you can see the building has had quite a history since its building nearly 400 years ago.  Today the front of the building is known as the Native Portal because it is where local Native Americans sit on the ground and sell locally made souvenirs and jewelery.  Personally I think the local government should construct booths for the Native Americans to use because the way it is now they almost have the appearance of being beggars trying to sell things.  The Native Americans selling items here are mostly from the local Pueblo Indian tribes who are descendants of the original native people who inhabited this area before the Spanish colonists arrived in the area in 1598.  Santa Fe was founded a few years later in 1608 and formally made the capitol of Nuevo Mexico by the Spanish crown.  Santa Fe is the oldest state capitol in the US and one of the oldest cities in the entire country.  It is incredible to think that 400 years ago that people who sailed all the way across the Atlantic Ocean from Spain landed in Mexico and then walked and rode horses thousands of miles across arid deserts inhabited by sometimes hostile natives to reach Santa Fe. 

Anyway after checking out what the Native Americans were selling my wife and I actually bought a few things and then began to walk around the Plaza and check the various shops and side streets around the downtown area:

These shops are filled with lots of nice trinkets, clothes, artwork, and other gifts targeted towards tourists that of course my wife and I bought plenty of:

The first thing that is noticeable about Santa Fe is how nearly every building in the city is constructed of adobe architecture:

There is actually a long standing city ordinance that ensures that structures built in the city are of adobe heritage in order to keep the aesthetic charm the city currently enjoys.  I like the ordinance and think it really gives the city a rustic and historic charm to it missing in many other cities in the US.  Not all the buildings are adobe though because some buildings like the ones seen downtown were constructed before the ordinance came into effect and are of Old West vintage:

After walking around the Plaza my wife and I then headed over to the large chapel that dominate downtown, the Cathedral Basilica of Saint Francis of Assisi:

By Santa Fe standards the church really isn’t that old considering that it was built over the remains of an older adobe church in beginning in 1869.  It is from St. Francis of Assisi the Basillica’s namesake that Santa Fe received its name.  St. Francis is actually one of my favorite saints considering he is considered the Patron Saint of Animals.  My favorite story of Assisi is one from his time traveling around Italy and coming to a village that complained about a wolf who ate both man and animals.  Hearing of this St. Francis walked up into the mountains to find the wolf.  The town people thought he was nuts for trying to find the wolf and would be killed.  Not dettered St. Francis continued into the mountains and ultimately found the wolf and told the animal that he had done evil against the town.  The wolf replied that he was just hungry and that is why he did what he did.  St. Francis made a deal with the wolf and brought the wolf back to the town with him.  The villagers were amazed that the wolf followed St. Francis and even sat at his feet.  St. Francis told the villagers that if they fed the wolf every day he would no longer attack livestock or villagers for food.  The villagers quickly agreed and yet another chapter in St. Francis’ long history of love for animals was written.  It is from this tale that in front of the Basillica a statue of St. Francis with the wolf stands:

The next historic building we walked to was the famous Loretto Chapel:

Like the Cathedral Basilica of Saint Francis of Assisi, the Loretto Chapel is also not old by Santa Fe standards with its construction completed in 1878.  Something I found interesting about entering this chapel was the fact they charged an entrance fee.  I have traveled all over the world and have never been asked for an entrance fee to enter a place of worship.  The commercialism of the church kind of annoyed me but I paid my three bucks and entered anyway.  The inside of the church was actually smaller than what the church looks like from the outside.  The alter of the church was fairly elaborate and pretty nice though:

Overall though, architecturally speaking, the chapel isn’t really that impressive, but what makes this chapel so famous is the incredible staircase inside the chapel; now this is impressive:

The churches back then had the organ located on a loft above the pews.  The builders had forgot to design the chapel with a stairs to reach the loft and instead installed a ladder.  The nuns were of course not comfortable using a ladder to reach the loft and thus prayed for someone to build a staircase to reach the loft that wouldn’t require the removing of the limited seating space in the chapel.  According to the Loretto Chapel website here is how the sisters’ prayers were answered:

Legend says that to find a solution to the seating problem, the Sisters
of the Chapel made a novena to St. Joseph, the patron saint of
carpenters. On the ninth and final day of prayer, a man appeared at the
Chapel with a donkey and a toolbox looking for work. Months later, the
elegant circular staircase was completed, and the carpenter disappeared
without pay or thanks. After searching for the man (an ad even ran in
the local newspaper) and finding no trace of him, some concluded that
he was St. Joseph himself, having come in answer to the sisters’
prayers.

The stairway’s carpenter, whoever he
was, built a magnificent structure. The design was innovative for the
time and some of the design considerations still perplex experts today.

The staircase has two 360 degree turns and no visible means of support.
Also, it is said that the staircase was built without nails—only wooden
pegs. Questions also surround the number of stair risers relative to
the height of the choir loft and about the types of wood and other
materials used in the stairway’s construction.

Over the years many have flocked to the Loretto Chapel to see the
Miraculous Staircase. The staircase has been the subject of many
articles, TV specials, and movies including “Unsolved Mysteries” and
the television movie titled “The Staircase.”

In later years a banister was added for safety reasons that also used no nails in order to remain faithful to the original design:

Despite the commercialism of the place, it is worth paying the admission fee to see the staircase, that is how impressive this staircase is.  After checking out Loretto Chapel my wife and I continued our walk around downtown by heading over to the “Oldest House in the USA“:

This house is believed to be constructed back in the 13th century.  Some of you may be wondering how this building could have been built in the 13th Century when the Spaniards didn’t arrive in Santa Fe until 1598?  Well this is because the Spaniards didn’t build this house, the Pueblo Indians did.  When the Spaniards arrived the Pueblo structure had been long abandoned for decades by the natives who had left the area.  The Pueblo was then occupied by the Spanish and miraculously has survived to this day.  Right across the street from the “Oldest House in the USA” is the oldest church structure in the USA, the San Miguel Mission:

The mission was constructed in 1610 by Tlaxcalan Indians who traveled north was the Spanish as servants or slaves depending on who you talk to.  During the 1680 Pueblo Revolt towns people hid in the church and were eventually killed there with the church receiving heavy damage.  The San Miguel Mission would see more damage over the years to include a supposed earthquake in 1872 that destroyed the mission’s bell tower:

Despite all the damage and reconstruction over the years, the original adobe walls and altar built by the Tlaxcalan Indians can still be seen inside the church:

After checking out these historic landmarks my wife and I then walked back to the downtown area to continue to just wander around and check out the various shops there:

In the downtown area of Santa Fe you can easily spend a whole day just walking around checking out the historic sites and stores.  Like I said in the opening to this travelog, Santa Fe’s downtown has to be one of the most beautiful in the entire US and I recommend everyone take a trip to Santa Fe one day to find out for yourself.

Women Get Drunk to Have Better Sex

This is the fine scientific research I expect to see from Australia ;-)

MILLIONS of women drink alcohol before having sex because they lack confidence in their bodies, a study suggests.

Almost half of those questioned said they preferred sex while under the influence of alcohol because it helped them lose their inhibitions and be more adventurous.

Researchers, who surveyed 3000 women aged 18-50, found on average they slept with eight men, but were drunk with at least five, and on two occasions couldn’t remember the man’s name the next day, the Herald Sun reports.

Four out of 10 had been tipsy when sleeping with a partner for the first time.

The study found 75 per cent of women liked to drink before getting into bed with their husband or boyfriend, and 6 per cent had never had sex sober.  [Herald-Sun]

Brynne Gordon Criticized for Brownlow Dress Selection

All I got to say is that she definitely has the assets to wear that dress:

brynne-gordon-at-brownlow-medal-2009

SHE has been nicknamed Flash Gordon for her daring Brownlow frock, but Melbourne socialite Brynne Gordon is standing by her unusual blue carpet gown.

Gordon, 26, the fiancee of controversial medico Geoffrey Edelsten, made a jaw-dropping fashion statement in the plunging, black, sheer, beaded, showgirl ensemble, complete with Swarovski Crystal-encrusted bra, at the footy gala on Monday.

While the outfit came in for heavy criticism from talkback listeners and website readers, Gordon said she loved the frock, by US label Nurielle. “I loved what I was wearing. I felt beautiful,” she said yesterday.

Gordon selected her Brownlow showstopper on a recent trip to Las Vegas.

“Geoff and I actually picked that one out together,” she said.  [Herald-Sun]

Sydney Skies Turn Red Due to Dust Storm

I wonder who will be first to blame this unusual dust storm on global warming?:

sydney dust storm

SYDNEYSIDERS have woken to a massive dust storm that blanketed the city in thick red dust, leaving Sydney airport in chaos, ferry services suspended and health authorities worried.

Large areas have been shrouded in dust as the state experiences severe winds and unseasonably warm temperatures.

Bureau of Meteorology spokeswoman Jane Golding said dust had settled on much of the state, including Sydney.

“We’ve had reports of low visibility up out as far up as Moree, Dubbo, Canberra’s got some raised dust in the area and Wollongong, so it’s very widespread,” she said.

The blanket of red dust began to shroud Sydney just before dawn after a cold front moved in from central Australia and western NSW.

It came as the state was experiencing unseasonably warm temperatures and followed reports of visibility reduced to just 10m in Broken Hill.

A Sydney airport spokesman said 10 inbound international Sydney flights had been diverted to Melbourne and Brisbane.

“They may get back later in the day,” he said. “We’ve got departures, they are occurring, but it’s slow.”  [Daily Telegraph]

I have never seen a dust storm as severe as this one on Australia’s east coast but I once saw a wind storm in Victoria two years ago that brought dust from the Outback that caused the sky to have a red tint to it.  The amount of dust from this storm is absolutely incredible though.

Here is a photo gallery with a bunch of photographs from this dust storm.  Here is a sample:

On Walkabout On: Wolmi-do Island, South Korea

This week was the 59th anniversary of the Incheon Landing Operation that turned the course of the Korean War.   Wolmi-do is where the first American Marines landed at Green Beach on Wolmi-do to begin the critical operation to liberate the port city of Incheon from the North Korean communist aggressors:

Today Wolmi-do is not even an island due to land reclamation that has now connected the island to Incheon proper. You can in fact take a bus now to reach the “island”.  Wolmi-do is now a popular location due to its nice upscale waterfront that is built exactly where the Marines landed that day in 1950. The waterfront includes many trendy coffee shops and seafood restaurants. Outside on the weekends there is usually a cultural event of some kind taking place, plus fortune tellers and artists who will service you for a price. For the adventurous there is always the amusement park on the island to check out. It has many high flying rides and games to try.

Wolmi-do’s Waterfront

If that isn’t enough you can just sit and watch the sunset and the boats going by. You can also catch a boat at the ferry terminal to tour the numerous islands located in Incheon Bay. They even have special tour packages to view some of the islands made famous in Korean dramas and movies, such as one of my favorite Korean movies Silmi-do:

Silmi-do Movie PosterSilmi-do Movie Poster
Monument honoring US Marines that landed on Green Beach during the Incheon Landing Operation.Monument honoring US Marines that landed on Green Beach during the Incheon Landing Operation.

Wolmi-do island is viewable from just about anywhere in Incheon due to the large round hill that rises from the island. The hill on the island is called Radar Hill due to the large naval radar located on the top of the hill.  The hill is a popular place for locals to hike up and get some fresh air and views of the island and the Incheon harbor below.

Old Observation Tower on Radar HillOld Observation Tower on Radar Hill

Looking over Wolmi-do today it is hard to believe that this little island was the site of such fierce combat 59 years ago:

The view from Radar Hill

If for some reason you end up in Korea and are a fan of military history definitely take a trip to o trip to Incheon and Wolmi-do Island. Checking out military history, hiking up Radar Hill, eating seafood at one of the restaurants, going to the amusement park, and watching the sunset from the pier is enough to fill anyone’s day. Definitely worth checking out.