Information and Resources on Automobiles

Some fashion week facts

• There is 30,000 sq. feet of tented space in Nathan Phillips Square.• The runway tent is 61 metres long.• Previous editions were held at the Liberty Grand and Muzik at Exhibition Place.• And international advertising campaign is called "Who Are You Wearing?" and features model Anna Lorin wearing the works of noted Canadian fashion labels dubbed the Group of Seven: Izzy Camilleri, Pink Tartan, David Dixon, Joeffer Caoc, Andy Thé-Anh, Comrags and Arthur Mendonça.• The ads graced the pages of Vogue, Allure, Vanity Fair and GQ.• More than two dozen designers will show collections during the six-day event.• Kantelberg Design, an interior design firm, created sustainable wall coverings for the VIP area. More>>

Not to worry: Fed chairman Ben Bernanke and his monetary-policy committee will ride to the rescue with yet another stimulative cut in interest rates. Except that they might not. That’s where $100 oil comes in. Rising fuel prices are creating inflationary pressures as all industries that rely on oil to move their trucks and planes, or use it as a raw material, begin to raise prices.

At the same time, food prices are rising at an annual rate of something like 6%. Corn prices have doubled this year, in part because land is being diverted from producing products for the table to substitutes for oil; wheat prices have soared because farmers have switched from wheat to corn; milk and dairy prices are at their highest level in nominal terms since the beginning of the second world war, as rising demand in China presses on supplies reduced by the Australian drought; and Procter & Gamble has announced price increases on several products, most notably the Folgers-brand coffee that bankers and lawyers are scarfing down during their allnight hunts for some cure for their self-inflicted wounds – and some way to save their year-end bonuses from the 10%-15% cuts now being pencilled in. More>>