dimanche 5 juillet 2009

New York

The main purpose to go to New York was to attend a Conference at the United Nations. The member countries had agreed to a declaration just before the start of the conference, so the atmosphere was pretty relaxed.
There were many speeches, mostly delivered by officials, which means not made by Presidents nor Ministers. The only president who decided to attend, the one from Ecuador, use 10 times his allocated time. He thought he really had much to say.
So with these long speeches, there was not much time to explore. Still I went to visit the area around "Ground Zero", where the two towers of the World Trade Centre collapsed after the terrorist attack of 11 september 2001. The most striking is the huge empty space in this neighbourhood of skyscrapers. There is an audio guided tour and an information center.
Further in this area, there is Wall Street. It seems that neither the terrorist attacks nor the financial crisis did damage it at the core. It is most certainly right that they system has to be retained but there is indeed potential to improve it.
Further south, the "bull" as symbol of optimism on the stock market. In the four days I was there, the stock market climbed by 2.1 percent. Is this a causality or just a correlation? The best way to know would be for shareholders to invite me time and again to New York!