Credit Default

Tue, Apr 8 2014 03:17 PM

Some might be aware of the term “credit default swap”, but this is not what the title refers to. See, these swaps happen where someone doesn’t pay his dues and another shows up willing to take the risk. What happens when no one shows up with the willingness or the capability to purchase default credit? And the original borrower is no longer able to pay? In Monopoly (the board-game) someone gets everything, and everyone no longer have anything; then it is game over and everyone goes to sleep and tomorrow is a new day. Let’s fast forward to tomorrow. What do you think?

Alvaro

Class of 92

Thu, Mar 27 2014 04:21 PM

I guess the phrase “You’ll Never Walk Alone” is now more applicable to Manchester United than ever to Liverpool FC. We’ve been reading all over the news in the past couple of weeks of United fans’ disappointment towards how the club is currently being steered. The best ending for every crisis is when the kid grows up to take care of the old-man. I guess this is why and how the Old Lady has survived after all. Just like John Elkann and Andrea Agnelli (grandsons of Juventus/Fiat owner Gianni Agnelli) revived modern Juventus, the class of 1992 are rumored to be lobbying for change at Manchester United.

If rumors turn out to be true, then Scholes, Giggs, the Nevilles, Nicky Butt, and hopefully Beckham, are preparing to bring along a consortium that aims to take-over Manchester United from the current owners. The thought of it gives this sense of excitement. Good rumors never turn out to be true do they?

Alvaro

Virgin Land

Wed, Feb 12 2014 01:09 PM

I was fortunate enough yesterday to enter one of KOC’s parameters for a work-related visit. Now as some of you may know, entry is prohibited to the oil fields, except for personnel with valid gate passes obtained for their jobs being at site. Rules, regulations, law, and order inside the KOC gate is the exact opposite of Kuwait city. You can imagine the extent of law enforceability inside the KOC gates, and question why is it hard to replicate the same inside the entire borders of The Sate of Kuwait?

What I loved inside the gate was the unique nature. In fact I would invite everyone to go and stand by the fence there and have a look at the beauty of untouched land, compared to the yellow flowers on the side curbs of every road which surely made every Kuwaiti happy. I felt very sad leaving the KOC oil fields area, because the grass IS greener on the other side of the fence.

If only we preserved part of the desert and banned camping for one season only.

Mudroom project

Mon, Feb 10 2014 09:54 AM

The English call it something else, perhaps refer to it as a cloakroom or an entryway. A mudroom can simply be a bench with hangers and a shelf on top, all located just at the door of any home. As soon as you walk indoors, have seat and get rid of your shoes, jacket, umbrella, keys, bag, and every other thing that clutters your living room. I’ve noticed that my patters requires something similar, because I end up parking my shoes in one place, wallet and key in another, and jackets elsewhere. So I decided to make my own mudroom from scratch. My mudroom is almost done and I’ll be sharing my latest DIY project with you soon!

Alvaro

4G Trap

Sun, Jan 26 2014 10:41 AM

We’ve been very slow at Buzberry in the past couple of months, just like the Internet speed in Kuwait. I recently signed up for an 18 month contract with Wataniya Telecom for a 4G connection.  It’s been one month now, and the fastest speed I could get was 13 Mbps for downloads, during full moon nights only. It has taken Wataniya’s IT Support 3 weeks to respond to my queries and call back saying that 13 Mbps is decent. Well is it?

I believe the network evolution has matured since some ISPs in Kuwait are already selling speeds up to 50 Mbps (in reference to the KEMS offer on all papers this morning). InfoConnect Kuwait 2014 starts today, so you should expect good Internet deals everywhere. Avoid the traps.

Photo above is of T-Mobile.

Alvaro

Boxing Day

Thu, Dec 26 2013 12:39 PM

What is Boxing Day? As far as I know, Boxing day is the day after Christmas (Dec 26), which happens to be a bank holiday in the UK. That same day is known well for shopping too, as many stores go on a huge sale to get rid of inventory before year end. And if you are a football fan, then you know that boxing day is the day when all professional football leagues are in action, let alone other sports like horse racing.

Eager to find out why it was referred to as “Boxing Day” I had to ask uncle Google:

A ‘Christmas Box’ in Britain is a name for a Christmas present. Boxing Day was a day off for servants, when they would receive gifts (or a ”Christmas box”) from their bosses or employers and then went home on Boxing Day (the day after Christmas) to give ‘Christmas Boxes’ to their families.

Reminds me much of Eid for Muslims. However, our boxing day would be the same day of Eid itself when servants would finish their chores and leave for holiday the same day and/or next day.

Happy Boxing Day!

Alvaro

Hero or Villain: Diego

Sun, Dec 15 2013 10:07 AM

I’ll start posting, every now and then, a photo of a controversial charachter (or it could be a thing) that has created  an extreme polarization of supporters and haters.

Starting it with Diego Maradona.

Hero or Villain?

Alvaro

Parkland

Sun, Dec 15 2013 09:29 AM

Quite a waste of time and money. Parkland is the perfect movie for someone (teenager) who has no idea how and when JFK was assasinated. The movie was like a documentary for me. If you think you know world history well, look for something else.

5/10

Alvaro

Starbucks onboard SBB!

Mon, Dec 2 2013 07:57 AM

If you live your life thinking that you are a Swiss citizen just like I do, then this might be great news for you; but not if you prefer premium coffee. The partnership of Starbucks and the Swiss national rail station SBB fruits the world’s first Starbucks Coffee House on rails. Now if you have travelled before on SBB trains (long-distance trips) you would know that the bar on board was below par in terms of food and beverage offerings. However, I hope SBB did not grant Starbucks an exclusive deal to provide coffee on ALL trains seeing that Swiss coffee houses and patisseries are far more superior in quality compared to Starbucks. I’m sure Roger Federer agrees!

Alvaro

X5 Gets an upgrade

Sun, Nov 24 2013 10:07 AM

The ads of the new BMW x5 2014 is all over newspapers in Kuwait this morning, I did spot one last Thursday night and I was really impressed. Some might call it an “all-new” X5, I’m not sure if it’s particularly a face-lift from the existing model or really an all-new model, all I know it’s surely an upgrade! It is up to your judgment, have a look here.

Alvaro

After the rain is sun

Wed, Nov 20 2013 01:20 PM

In the past two days we have witnessed some destructive and devastating scenes after the heavy rain that flooded parts of Kuwait. Many of you haven’t yet been to your beach houses and farms in southern or northern Kuwait yet, well hope for the best and expect the bad. The sun is out again today, but that does not rule out any of the forecasted showers tonight or even over the weekend.

I’ve came across this documents which was released by the American Red Cross, titled: Repairing Your Flooded Home, which offers safety tips and advice to restore your flooded property. The main tips we should all carefully note are: restore your utilities (fix piping and sewage), rebuild and floodproof your property (Sand Bags?), and prepare for the next flood. Have a look at the article here and make sure the next time it floods you spread out these 5 tips:

-Do not walk through flowing water.

-Do not drive through a flooded area.

-Turn off your electricity when you return home.

-Look before you step

-Be alert for gas leaks

Good luck and stay safe!

Alvaro

#TheBlondeSalad: Chiara Ferragni

Mon, Nov 18 2013 12:21 PM

Instagram opens up your world, it broadens your perspective just like its counterparts in social media. Browsing through popular photos I find many things that I was never aware of. Take my new discovery for example: Chiara Ferragni.

According to her website / blog, Chiara is an Italian fashion blogger that started her career giving trendy picks and tips on her page back in 2009. The Blonde Salad (her blog) today, attracts a couple of hundred thousand visitors every day, 1.5 million followers on Instagram, and you can imagine the numbers. Chiara who is a Law student has developed into an inspirational icon for millions.

I’m sure you can relate this story to at least 1,000 other idols you crossed paths with on Instagram or Twitter, but what I learned today was the true meaning of the simple life. Very naive of me I know, but imagine hoping on an airplane for an all-expenses-paid trip to attend an event, or show up in public to promote a brand meanwhile collecting freebies worth thousands of dollars every week. Sounds fun doesn’t it? In the end, no matter what you do for a living, try alternative routes in search for success or even entertainment. Who’d imagine a law student exploiting the blogosphere could make it to the top; you’ll never know.

Alvaro

  • Follow us on Twitter
  • Buzberry App
  • LoYAC