Coke acts to fend off obesity criticism – FT.com

English: McDonald's Chinese New Year 2006 set ...

English: McDonald’s Chinese New Year 2006 set meal with Grilled Chicken Burger and twisted French fries on the a tray with prediction in twelve zodiac animals of Chinese astrology. A bag of red porkets is also included in the meal. (Photo credit: Wikipedia)

Chips (BE), French fries (AE), French fried po...

Chips (BE), French fries (AE), French fried potatoes (AE) (Photo credit: Wikipedia)

Coca-Cola

Coca-Cola (Photo credit: Wikipedia)

This is an important story reported in the FT and is well worth a read. Check it out!

Coke acts to fend off obesity criticism – FT.com.

Personally, I feel that many major multi-national with strong brands, like Coke, must be held to account for the rise in global obesity. However, I do commend Coke for its global anti-obesity campaign.

Last year, I was in a trendy area in Shanghai, China, and was amazed at young people drinking Coke and eating French Fries (chips); they wanted to be trendy. The Western junk-food diet appeals to young, fashion conscious Chinese who are no doubt also influenced by the allure of the global brands.

Isn’t it time for some responsible marketing?

Surely, we have enough international agencies and research organizations, why aren’t  multi-nationals being held more accountable  for the growing obesity crisis? We hear constantly hear about youth unemployment reaching record highs; why isn’t there the same focus on youth obesity?

via Coke acts to fend off obesity criticism – FT.com.

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Cyprus needs a new strategy but what are the implications?

English: Various Euro bills.

English: Various Euro bills. (Photo credit: Wikipedia)

Map of Cyprus with EU flag

Map of Cyprus with EU flag (Photo credit: Wikipedia)

When the dust settles on the economic outlook for Cyprus, following this weekend’s deal with the troika, surely Cyprus will need a new strategy?

With Cyprus’ financial industry discredited, Cyprus urgently needs a new engine for growth. Short-term, the economy is likely to contract, at least ten percent over the next twelve months, but what about the outlook beyond?

It is probably too early to start to project cash-flow from the estimated Euro 80 Billion offshore gas and oil reserves, especially with Turkey disputing the title. Further, Russian inward investment must now be in question. The troika of the EU, ECB and the IMF do not appear to be interested in generating investment in Cyprus; indeed, the IMF seems pre-occupied with technical cash-flow projections on its loans.

The Cyprus tourist industry suffers from the high cost of labor, like Italy, because of Euro labor costs, and is not competitive with non-EU members, like Turkey, or further afield like Thailand.

In my view, Cyprus urgently needs a comprehensive industry analysis of its major business sectors ( including the Public Sector), focusing on:

  • Competitive position
  • Strengths/weaknesses, opportunities, threats (SWOT analysis)
  • Investment opportunities
  • Risk analysis & mitigation opportunities

Ultimately, perhaps a controlled exit of Cyprus from the Euro might still be the best option, and of-course, a controlled exit for Cyprus would probably make sense for other Euro casualties, like Greece, Italy, Spain, Portugal and perhaps even France?

Could Cyprus still be the trigger point for the breakup of the Euro?

What do you think?

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