The Reserve Bank reflects on a buoyant economy in its call on interest ratesnyt
May 2, 2007

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Map and directions to 33 Avenue Rosemount, Westmount, QC, Canada

Welcome to Wednesday Night #1313 Jan 24, 2007


PLEASE LET US KNOW IF YOU CAN BE WITH US - IT MAKES THE CHAIRMAN'S JOB EASIER

We apologize for the late posting of the account of the Wednesday Night #1312 . It will be a good read!

Happy May Day to one and all!

Although some might say "BE AFRAID, be VERY AFRAID" (Triskaidekaphobia), of this double-thirteen Wednesday, we prefer to think of 13 as a significant numeral (13) and often one of good fortune. Thus we consider ourselves to be doubly blessed this week with the return of Dr. John ( Photos) & Holly Jonas from their sojourn in Australia.

As Australia is not often at the top of our list of topics, we look forward to having the Jonases share some of their recent experience, along with their knowledge of the amazing country/continent down-under (would 1313 be 3131 in Oz?), which has many similarities with Canada.

One (actually, the only) prominent member of Wednesday Night who dwells in the lands of computer-less troglodytes, protests that not much about Australia appears in print locally, however, the rest of us have access to considerable information, although we may not always profit from having Australia's national broadcaster abc.net.au/ at the tip of our fingers. [Perhaps we could also mention that at 5:05 am on CBC Radio One, there is a daily broadcast from ABC of Australian news] When we do travel to ABC, we may be as bewildered by the national news as they by ours, but there also appears to be a similarity of prevailing political stories. We note that Prime Minister John Howard is accused of turning next week's budget into a pre-election pork-fest as a counter-punch to the surging popularity (well, not that similar!) of the opposition Labor Party. howard-warned-on-spendfest and is having his problems on environmental policies pm-wont-revise-tasmania-forest-pact

We know that Australia has led the pack to reject Kyoto and that John Howard ranks with our well-known North American climate change skeptics -

while his government, like John Baird, has discovered the joys of the fluorescent bulb

Australia's economy is booming and predictions are for continued growth, even though shifts in the tectonic plates of the U.S. economy cause trembling in the marketplace Australian companies feeling the global chills

CBC radio's Quirks & Quarks and ABC's The Science Show have just completed a splendid exchange effort on scientific research in their respective countries, delightfully advertised as "The moose goes walkabout with the wombat, and the beaver goes camping with the kangaroo" cbc.ca/quirks/

We have learned that there are serious debates on immigration issues, but do not know if Australia shares Canada's problems regarding the ability of foreign qualified professionals to practice and the ongoing squabbles over whose fault is the dearth of physicians
Do see Quebec medical board denies blocking foreign doctors

What we do know, thanks to Janet Bagnall of the Gazette, is that Australia has been far more innovative in attracting medical practitioners to rural areas without resorting to the drastic - and largely unsuccessful - policies espoused by Québec.

With that item, we come back to the northern hemisphere with proposed topics ranging from

The final round of the French presidential election http://news.bbc.co.uk/2/hi/europe/6611539.stm and what the outcome means for France's international relations. With Le Pen calls on voters to abstain

Turkey's crisis over, as the Independent puts it, "... a wife's headscarf. The prospect of the country's next president being married to someone who chooses to wear the veil has plunged the country into the most serious political and economic crisis for years, even prompting fears of a military coup." Calls for unity as Turkey awaits fate of 'Islamic' poll candidate

Iraq - what is to be said? While George Bush, as expected, has vetoed the Iraq bill, there is no lack of dismal reports about failures at every level, not only military failures, but most disturbing for the future economic outlook, degenerating infrastructure Iraq rebuilding 'is failing'

Paul Wolfowitz's ongoing and to some observers, demeaning, fight to hang on at the World Bank [here's a different viewpoint: Why Wolfowitz should stay - of course it comes from that bastion of democracy and governance, Nigeria]

Venezuela's nationalization of the last 4 oil refineries controlled by European or American interests

We are sure that everyone will be delighted that the Bush administration has found a great way to compensate for the pesky problems in Venezuela and Iraq by proposing to "[lease] out millions of acres along the coasts of Alaska and Virginia to oil and gas drillers, a move that would end a longstanding ban on drilling in those environmentally sensitive areas

And what about Canada's flap over the ecofraud? We loved the confrontation between David Suzuki and John Baird; for once Dr. Suzuki struck the perfect tone of disappointed mentor confronting his student's total failure to understand the subject. Climate change will again be on the menu, given the report from the U.S. National Center for Atmospheric Research that Arctic ice is melting much faster than previously predicted see Arctic Ice Melting Faster Than Forecast

Our final contribution to stimulate your thoughts has to be the delicious scandal coming out of Washington about Deborah Jeane Palfrey's Black Book, reported to include a Bush administration economics official and the head of a conservative research group. If you like sex

We look forward to having you join us for a wide-ranging evening and the Chairman promises that despite one of major topics, there will be no Kangaroo Court.

Thursday 2 May 2007 To day NYT Podcast | Menu

Tuesday 01 May 2007 Stephen Jarislowsky founder, chairman and CEO, Duration:57m 34s

We look forward to your company.

Diana & David Nicholson
dtnicholson@wednesdaynight.net
Tel: +1 (514) 934-0023

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PLEASE RSVP - even if you can't come, we enjoy your feedback

Santa's sled had no competition from the Airbus A-380. The long tale of woe is a worthwhile read at iht.com/articles/airbus.php wed1312invite

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A few more links to stimulate some thought and/or items you might have missed

Environment

We don't think it's any secret that we rely heavily on the BBC, frequently for the excellent coverage of Science & nature and Technology. (Superb coverage of climate change issues including Sir Nicolas Sterns' review) However, we also commend whoever is responsible for the collection of links that accompany any major news story. Tonight, it is Mexican presidential politics a topic we have touched on all too infrequently.


latest show | some of tonight's players

Robert Galbraith


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Wednesday Night creates charts and follows stocks, including timely related financial news items, in which Wednesday Nighters are interested and in order to demonstrate a service that could eventually be developed and marketed. Wednesday Nighters are invited to participate and help to test the service.
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Notes by Herbert Bercovitz OWN and Edited by Diana Thébaud Nicholson OWN















2007 W-N Links/Notes

At three minutes and four seconds after 2 AM on the 6th of May this year, the time and date will be 02:03:04 05/06/07.
This will never happen again. Thanks to Ron AWR


goto pengrowth.com/ then Go to webcast multimedia under Index

Monday 04 December 2006 Pengrowth Energy Trust Announces Extension of Its Offer to Purchase Outstanding Convertible Debentures

Stephen S. Poloz VP EDC Economics Weekly Commentary
Something Good Going Down Under - May 2, 2007
Australia is becoming a sizeable market for Canadian exports, while being a tough competitor against Canada in third markets at the same time. Australia’s trade success warrants more study.
Begin with the trade relationship between Canada and Australia. Canadian exports of goods to Australia amounted to $1.9 billion in 2006, up 14% over 2005. The leading goods exports were in aerospace, telecommunications and other equipment, meat, iron ore and pharmaceuticals. Canada also exports a lot of services to Australia, on the order of $1 billion annually. Australia exported $1.6 billion in goods to Canada in 2006, down 9% from 2005, led by aluminium, wine, chemicals, meat, sugar, base metal ores and pharmaceuticals. Again, services trade is also very important, with Australia exporting on the order of $500 million in services to Canada annually. Past issues | his WN page

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