Posts tagged ‘Denmark’

20/01/2014

India’s Hardware Mashups Inspire Frugal Technology Abroad – India Real Time – WSJ

In 2009, Vinay Venkatraman was strolling the streets of Mumbai with two colleagues when he saw a group of people tinkering with old computer monitors and turning them into televisions.

After observing the men over three weeks, Mr. Venkatraman and his team found that the workers were stripping the computer monitors, usually brought from the secondhand markets, and inserting T.V. circuits.

They even made T.V. remotes by scavenging components from the scrap market, said Mr. Venkatraman.

“It was really eye-opening as an experience for me,” he said in a recent telephone interview with The Wall Street Journal from his home in Denmark.

India is home to many such master recyclers and re-purposers and Hindi even has a special word it, ‘Jugaad’, meaning “frugal improvisation” which is catching on as a business principle.

The country also boasts of some innovative products such as Mitti Cool, a refrigerator made with clay, and a floating soap, that is less dense than water.

Inspired by those workers involved in what he calls “silicon cottage industries” in India’s financial capital, Mr. Venkatraman, started Frugal Digital in 2010 — a research organization based in Copenhagen and specializing in making low-cost technology equipment.

The nonprofit company makes use of common items such as outmoded mobile phones and clocks to design equipment such as hearing aids and projectors.

Mr. Venkatraman, 34, who grew up in India, graduated from the National Institute of Design, Ahmedabad in 2003– the top design school in India — and completed his post graduate studies in Italy.

It was his childhood and experiences of Jugaad in India and while living in Nigeria, that inspired his current venture to help people access basic things though inventive recycling.

via India’s Hardware Mashups Inspire Frugal Technology Abroad – India Real Time – WSJ.

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06/12/2013

Afghanistan, North Korea, and Somalia Are the World’s Most Corrupt Countries, With China in the Middle – Businessweek

So which countries are the most graft-ridden? According to Berlin-based Transparency International’s Corruption Perception Index for 2013, Afghanistan, North Korea and Somalia are tied for that dubious distinction.

The global corruption-fighting organization notes that more than two-thirds of the 177 countries surveyed scored below 50. That’s on a scale from zero, or perceived to be highly corrupt, to 100, or perceived to be very clean. (The three worst countries all got an 8, and Ukraine, now racked by protests, got a measly 25). “The abuse of power, secret dealings and bribery continue to ravage societies around the world,” says Transparency’s Dec. 3 press release for the index.

Denmark and New Zealand tied for first place, each with a squeaky clean rating of 91. Both countries topped of the rankings last year, too, each with 90; Finland, which last year also got a 90, slipped by one point, tying with Sweden for a close second place this year.

via Afghanistan, North Korea, and Somalia Are the World’s Most Corrupt Countries, With China in the Middle – Businessweek.

29/08/2012

* China’s Exports to U.S. Gain Traction

WSJ: “China’s exports to Europe have remained weak during the traditional peak season for shipping, but the country’s trade with the U.S. appears to have more traction, according to the chief executive officer of Maersk Lines, the world’s largest container shipping group.

Søren Skou, who took the helm this year of the container division of the Denmark’s A.P. Møller Maersk A/S said in an interview Wednesday with The Wall Street Journal that his confidence in global trade has deteriorated since June, mostly because of recessionary conditions in Europe, but he said volumes world-wide are likely to expand 4% for the full year compared with 2011.

August is a critical month for the containerized shipping industry, which depends on exports to the West from China for the bulk of its activity. Mr. Skou said his customers appear to be positioning for satisfactory holiday spending in the U.S.—but not Europe.

“The customers are expecting a Christmas season [in the U.S.], which doesn’t appear to be the case in Europe,” he said.”

via China’s Exports to U.S. Gain Traction – WSJ.com.

Some glimmer of hope for (part of) world economy!

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