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Showing posts from October 23, 2012

Tully's Coffee struggling against a Venti Starbucks tide

By Kirk Johnson The New York Times October 23, 2012 Starbucks, which started with this Seattle store, epitomizes the  coffee scene in a city where smaller shops are trying to compete. Photo: Courtesy of Matthew Ryan Williams via The New York Times SEATTLE — This city got caffeinated over the past couple of decades, buzzed on its rise in the pop culture as a symbol of hipster-geekster cool, but also on the real stuff: coffee. Like salt and pepper — or more aptly, cream and sugar — coffee and Seattle became an item, each word modifying and reinforcing the other, thanks mainly, of course, to  Starbucks , the coffee giant that exploded around the world from here. Starbucks exported beans and brews, wrapping it all in a cool, earth-toned vision of Pacific Northwest life that may or may not have reflected reality. But what is it like to compete head-to-head, latte for latte, against Starbucks in the throne room itself? Ask Demi Larsen. She’s a 25-year-o...

Former ECX employees form a Consultancy Services Co.

Company wins a $200,000 World Bank contract to help set up a Commodity Exchange in Tanzania By Elleni Araya Addis Fortune October 23, 2012 S talwarts Management Consultancy Services, founded by former employees of the Ethiopian Commodity Exchange (ECX) recently signed a 200,000 dollar World Bank contract, to conduct a feasibility study that can set up a Commodity Exchange in Tanzania. The World Bank had floated an international tender for the feasibility study and design of a Tanzanian Commodity Exchange in June 2012 of this year, under the Financial Sector Capacity Building facility for the Bank of Tanzania. The company started up by Yohannes Assefa, former Senior Legal Adviser and Chief Compliance Office at ECX, and Bharat Kulkarni, (PhD), former trading operation manager, signed the contract on October 18, 2012, after finalizing negotiations which had started in August,2012, when the company was awarded the project. Other ECX alumni have also collaborated...