Oil on the rise on expectations of weaker demand!

With the oil prices on the rise again, the OPEC has taken the new move in an effort to shore up its losses against a perceived loss. If that sounds a mouthful, the OPEC is playing with the Crystal ball and it seems that the ball is telling them that all is not golden on the Oil front.

OPEC seems to have seen the future and has started moving towards a possible cut in the output. Naturally, this has set the Oil prices on the move once again and this time they are planning to stay up for a long while. As a private consortium, the OPEC is free to do what it wants but it should also take note that any such moves aimed only at shoring up its profits is going to increase the strident voices that are opposed to the amount of power that OPEC wields.

These voices have been getting strident of late and with reason, with the Oil prices pretty much dictating the prices of other essential items from food to clothing, more and more countries are becoming uneasy with the fact that OPEC still acts as a private body, one that controls a huge amount of power. There is talk of bringing the OPEC under the direct authority of the United Nations, one that may well see the Oil prices being regulated and the production units becoming more productive!

Western Union takes the cake!

Recently, a friend of mine sent me some money as a present and he sent the same through WU. At first, I thought that all this 'fast service' was more of a joke than anything else. Anyway, I went to the nearest Western Union office and was very pleasantly surprised when I was able to take delivery of the payment without any hassle whatsoever.

The recent move by Western Union to open shop 24*7 in all four major metros all over India has helped a long way in dealing with this problem of money delivery. Normally, one would have to go to the bank to take delivery of one's payment but with all banks having a strict timeline in which to do business, it is not often that one can take delivery of such payment after working hours. But thanks to Western Union, even that is taken care of with their offices being open 24*7. So, if it is 10 pm and you want to take delivery of a Western Union payment after working hours, well, that is no problem at all, as long as you are in one of the 4 major metros in India!

The man purse!

It seems that I am still on the issue of 'Purses and Wallets', the fact of the matter is that we are all so focused on the way that we look that we can devote an entire day just looking at things which are supposed to carry our cash and then spend tons of our hard earned cash on it so that we can tot an nearly empty purse/wallet to our friends and all. It really does not make any sense in any way you care to think about it.
Now days even the Men are getting to be as equally finicky about what they want to carry their cash in. Gone are the days when a Man would just dump his money into his pocket and crumple the notes in the process. Now days, we have the purse for the Man himself and we tend to call it the Man purse. It really has come a long way since the times when only a woman was associated with the purse, these days any ad that you look at for purses and wallets will carry both the Men and the Women in it as the link above will show you clearly. The wallets are getting smaller and so are the purses and want to take a guess as to what is getting bigger all the time, you guessed it right, it is the price and today it is reaching astronomical levels!

The wallets are getting smaller!

Whether it has anything to do with the way that the economies all over the world are performing or not, of late the new wallets in the market are not only slimmer but they are a whole lot smaller. I fail to understand what is the need for smaller wallets, as such the wallets that we all use are of the right size, but it seems that they want to turn this into a version of the micro versus the macro thing in the wallet market. Soon, we many run out of space to keep our cash and cards in, then why on earth would we need a wallet at all?