Saturday 20 August 2011

There'll always only be one Thiruvanathapuram for me

You get everything at Muizies. In the northwester: short and long surfboards, paddle boards, waveski's (like mine), kayaks. In the southeaster the kitesurfers take over. Last weekend there was a flurry of them. Approaching from a distance it looked as if they were actually in the parking lot rather than the breakers. Of course, there are all kinds of bathers especially when it's warm. This winter has seen more hot days than I ever can remember in Cape Town. People say to us - you're moving to London at the wrong time, two winters in a row, bad planning. But actually it's been warmer here this winter than most of the summer in England. With all the financial turmoil over recent weeks I've asked the question: can the emerging economies, now the paragons of the global economy, be the locomotive for a recovery if the developed world swoons? Short answer is: no. Yes EMs are more important than in any time over the past 20 years but they are still not the big gorilla. All eyes are on China but one day soon India will also be a big player. India has boomed in recent years. So much so that the central bank has hiked rates many times in recent months, as inflation remains stubbornly high. But it is likely to take its foot off the brake soon. The QSL is a classic from All India Radio signed by Mr Bhatnagar, from the delightfully named Thiruvananthapuram transmitter in the 60mb heard in London in 2000.

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