Shaaz Nasir

Archive for the ‘Global Vision’ Category

Mind the Economy: “Currency War” made simple

In Advice, Beijing, Blog, Business, Canada, China, Economics, Global Vision, Globalization, Guangzhou, Hong Kong, India, Kuala Lampur, Life, Lunch, Malaysia, Ottawa, Packing, Shenzhen, SME, Song, Success, Technology, Television, Traveling, Uncategorized, University of Ottawa, World on October 17, 2010 at 12:36 pm

How do Currencies and Interest rates play off each other?

More recently, many developing countries have had to contend with their own currencies rising and undermining their competitiveness.

The problem is that those low interest rates in the developed world have led investors to seek higher returns elsewhere, in emerging markets.

To invest in those markets, they need to buy the currency and that pushes its value up. That in turn makes those countries’ goods more expensive for foreign buyers and the overseas investment money creates a danger of unsustainable bubbles in their property and financial markets.

China has stopped its currency rising much by buying foreign currency. If it were to refrain from that and allow the yuan to rise, it would probably help other developing countries that compete with China, as well as the US which is protesting the most.

But there is another force behind the rising developing world currencies. Their economies are growing robustly, while the rich countries are not.

The tension over between the US and China over currency policy surfaced once again at the International Monetary Fund Talks

USA renewed the pressure on China to allow its currency to rise. The US has a long-standing grievance over China’s currency policy, which limits the movement of the yuan against the dollar. The American complaint is that it gives Chinese exporters an unfair competitive advantage.

There was a vigorous response from Zhou Xiaochuan, governor of China’s central bank (The People’s Bank of China), who blamed the rich countries for problems in the currency markets. Mr Zhou said extremely low interest rates in rich countries had created “stark challenges for emerging market countries”.

My Thoughts on the Gap.

Tensions are rising among the developing world and developed as priorities on currency (non)manipulation begin to clash. However, should a country stop manipulating its currency in the name of “fairness”?

Destabilizing the economy in the short run, running the risk of damaging the private sector as businesses go bankrupt; jeopardizing an economy’s growth and ability to reduce poverty  does not sound “fair”. The notion of “fair” implies morals which begs the question: who is making these moral rules?

WTO….IMF….WB……USA…..CHINA…..WALDO?????

International Economics is a game where rules are subjective but actual substantive growth is tangibly objective. I am not for currency manipulation but neither am I for irrational and sudden policies  that would jeopardize  an entire economy….especially not the economy that’s the driving force of world growth in terms of consumer consumption ….

-Articles combined from BBC & CBC

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Shaaz in the Amazing Race Malaysia Video !!!

In Advice, Blog, Business, Culture, Experience, Failure, Film, Friends, Global Vision, Globalization, Greeting, Success, Technology, Uncategorized on October 4, 2010 at 3:40 pm

Racing in Malaysia

While in Malaysia we were fortunate enough to take part in the Global Vision Amazing Race!

Same concept as the real deal as our team was superb while running around like mad people in Malaysia for hours. We got a chance to see Malaysia thoroughly from using all types of transportation to find monkeys and much more!

Twist Baby Twist

Here was the twist, at the end of race you had a few hours to produce some type of presentation to the judges. The faster you completed the race the more time you get to prepare and make that crucial presentation that laid out all the answers.

Half way through the race our team realized that we could run around and simply take pictures to complete the tasks or take the time and actually talk to the locals and experience the culture. Furthermore , we merged with another group which did slow us down but on the positive side we really did engage in meaningful discussions.

Nonetheless, we finished last place because of shift in focus and merging with more people.

With only around 2 hours for 10 people to collect their answers, brainstorm, and produce a video….time was running out. After taking showers and coming up with a plan we I had 14 minutes left.  In contrast to teams that were half the size with double amount of time to work on the project.

14 minutes

We decided to create a video and I was the one with the skills and the mac book (iMovie). I had to capture the essence of 10 + people while summarizing around 6 hours into 4 minutes in 14 minutes …this was quite the challenge.  It was a solid team effort where the people generated solid ideas and unique marketing concepts. Keeping cool under pressure is a trait we all need to master as it allows you to find a strong foundation to be productive in an environment of utter chaos.  In other words, “just chill”.

The time to relax is when you don’t have time for it

Results

While I was making the video, the other team players were perfecting their pitch to the panel of judges. We all came to the conclusion that despite what some clock said…we did not come in last. The point of the amazing race was to better understand and immerse ourselves in the culture as your team, communication, and stress management skills were put to the test.  Not run around simply  taking pictures and pushing people out of the way…yes that would make a great impression on the Malaysians….

Thus we felt confident that although others “raced to the finish line” we took the path less travelled and “learned” to the finish line. With 1 minute remaining the video and pitch was in sync with our team roaring to go.

Everything went according to plan and as a result we went from dead last (10th place) to 3rd as many of those “racers” got numerous questions wrong and missed the point of the whole race.

3rd ….solid team effort with only 14 minutes to prove it.

Enjoy the video (dam youtube downgrades the video quality)

Keep in mind we had three presenters talking about what we did to further add to the video!

Video: Shaaz in Chinese Microsoft Meeting

In Advice, Business, Canada, China, Economics, Experience, Global Vision, Globalization, Traveling, University of Ottawa, World on September 16, 2010 at 5:24 pm

Junior Team Canada had a discussion with one the experts at Microsoft Asia-Pacific region in Beijing R&D Headquarters.

We went over were Microsoft sees the world in the next ten years as the expert provided us with extensive market analysis on various sectors within the industry. The Asia-Pacific region is playing an increasingly significant role in Microsoft’s global innovation strategy. They create cutting-edge of technology, innovating solutions that impact millions of people around the world.

They have a focus on their four core pillars of research, incubation, development and ecosystem partnership, their engineers and researchers are passionate about creating the world’s best solutions and experiences.

Emerging Markets
Countries in the Asia-Pacific form some of the top emerging markets. China has the world’s largest number of mobile device and consumer electronics users and the world’s second largest number of PC and Internet users. Its vast market and specific user needs such as SMS and online games inspire new forms of technology integration, while offering new business opportunities. Actively engaging theses emerging markets like China in the development of competitive technologies, products and services is the best way to bring the benefits of innovation to these markets and the rest of the world. Microsoft Asia-Pacific R&D discussed how they are  exploring areas such as healthcare, education and mobile technology.

We were the first ever group of Young Canadian Professionals to engage with Microsoft Asia-Pacific R & D!

Here is a brief video….it’s very random and after the presentation lol

Wolves Eating You!

In Advice, Blog, Business, Canada, Economics, ESA, Experience, Global Vision, Globalization, Traveling, University of Ottawa, World on September 1, 2010 at 11:35 pm

One of the best Lessons ever

An elderly Cherokee Native American was teaching his grandchildren about life . .

He said to them,

“A fight is going on inside me, it is a terrible fight and it is between two wolves. One wolf is evil—he is fear, anger, envy, sorrow, regret, greed, arrogance, self-pity, guilt, resentment, inferiority, lies, false pride, false competition, false superiority, and false ego.

The other is good —he is joy, peace, love, hope, trust, sharing, serenity, humility, kindness, benevolence, friendship, empathy, generosity, hard/ smart work, truth, and compassion.  This same fight is going on inside you, and inside every other person, too.”

They thought about it for a minute, and then one child asked his grandfather, ”

Which wolf will win, Grandfather?”

The Elder replied…..

“The one you feed.”

This simple yet powerful short story if understood can have a long lasting impact on your life.

Shaaz and Andrea on CBC LIVE!!!!!

In Business, Canada, China, Economics, Global Vision, Globalization, Traveling, Uncategorized, University of Ottawa, World on August 23, 2010 at 5:06 pm

Andrea and I will be on CBC’s Ottawa Morning tomorrow at 8 :15 am!

Ottawa Morning is Ottawa’s number one morning show, hands down. In fact, day in and day out, more people listen to CBC Radio One in Ottawa than to any other station in town.

Join Kathleen Petty and the Ottawa Morning team for a fresh take on what you need to know to start your day, and what you want to know to live your life.

We will cover our journey with Global Vision over the past 8 months and share the experiences we gained through the China Malaysia Economic delegation

Converting to Gmail

In Advice, Blog, Business, Canada, Experience, Global Vision, Meeting, Ottawa, Technology, University of Ottawa, Video, Youtube on August 21, 2010 at 8:25 am

Mr. Chow strongly recommended converting to Gmail to stay in touch with Junior Team Canada and better organize my life on the web. I have four solid reasons for the switch….

  • Treasurer  of uOttawa’s Tennis League
  • Vice President of Academic Affairs
  • Junior Team Canada Graduate / Canadian Trade Ambassador
  • Volunteer on Parliament Hill

All these titles/ jobs mean one thing: A TON OF EMAILS EVERYDAY EVERY MINUTE…which I love…but it can be daunting to manage and very important emails have slipped under the radar.

I also am going to try out “Buzz” from Google, in an attempt to reach out to citizens of the world wide web. One would hope that promoting your  brand to the world will yield some positive results. The transition is going smoothly as I am connecting my old emails to my new account on gmail…hopefully this results in faster response times and better results for the people I work for and with.

shaaznasir123@gmail.com

add me !

Crazy Chinese Video by Shaaz and Potters in Guangzhou

In Canada, China, Food, Friends, Global Vision, Globalization, Guangzhou, Life, Packing, Success, Technology, Traveling, World, Youtube on August 20, 2010 at 8:40 pm

As we entered our world class hotel, Mr. Potters was transfixed on the floating musical instrument….it was a white piano on some type of platform which floated on water (leave it to the Chinese to make something this epic).  Mr. Potters was tired from the long bus ride  and stated “this is some fine looking glass” as he jumped into the water (about 1 foot deep). He shortly realizes glass is not liquid as he scurries over to counter asking whether it was possible to dry his very nice shoes……

The man replies “Ah yes we will send them to the shoe cleaning centre”

we both replied “A SHOE CLEANING CENTRE?!?!!?”

about 30 mins later after we settle down in our amazing room, we decide to make a video ……..upon recording the Shoe Cleaning Centre enters the room by fluke….

The rest is history, enjoy the video of two very tired individuals being exposed to a world class hotel room.

please remember…we were running on 6 hours of sleep over 2 days…lol we were flipping out for no reason..also there was not a shanty town it was a construction zone…..it will all make sense once you watch the video.

I love Guangzhou. Good Memories.

I am Sorry.

In Canada, China, Economics, Global Vision, Globalization, Meeting, Traveling, University of Ottawa, World on August 19, 2010 at 12:38 pm

While waiting for my airplane at the HK airport, I  was just thinking about Mind The Gap “MTG”….

This blog is about to go through a massive overhaul, it has not lived up to my standards thus far….. simply do to my unrealistic expectations of blogging/uploading videos everyday while on the actual mission.

Time was simply not on my time….nor was technology.

Regardless, MTG blog has been averaging around 60-80 hits day from various people on the net..and I am very grateful for the ones who follow my journey. It has been a ‘hit” in those terms…..

Restart

Once I create the new series of blogs, personal China/HK videos, and some good ol’ life lessons….MTG will be what my Communications Manger (William Greenwood) and I envisioned.  A portal of life lessons about the gaps between all of us, from economic to cultural.

William has worked very hard in promoting MTG…..but I feel like I have failed him and everyone by not fulfilling the  blogging quota as originally planned.

I will make up for this.

ps. there have been some people who have misunderstood “MTG” and are attempting to make a joke out of it.

It’s unfortunate, but I suppose you can’t win them all. For those who do appreciate what William and I are trying to do, thank you for your support….please feel free to offer some constructive criticism. We always love to hear from our followers!

Alright….next blog I will re explaining what “MTG” is all about.

Me at the Beijing Hotel

Shaaz in Malaysia and a HUGE “OIL” COMPANY

In Canada, China, Economics, Global Vision, Globalization, Traveling, University of Ottawa, World on August 15, 2010 at 1:45 pm

We have a meeting with Talisman Energy in a few hours so here is a bit of info on them…enjoy

Talisman Energy Inc. (TSX: TLM) is one of Canada’s largest petroleum SB companies. It was originally part of British Petroleum, known as BP Canada, but in 1992 it became an independent company named Talisman Energy. Based in Calgary, Alberta, Talisman Energy has operations around the globe including: Canada (B.C., Alberta, Ontario, Saskatchewan, Quebec) and the United States of America (Pennsylvania, New York) in North America; Colombia and Peru in South America; Algeria in North Africa; United Kingdom, Norway and Poland in Europe; Indonesia, Malaysia, Vietnam, Papa New Guinea and Australia in the Far East; and Kurdistan in the Middle East.

In the past the company grew mainly by mergers and acquisitions, and as such has a complex history and large diversity of holdings. Talisman is the first Canadian company to join the Voluntary Principles on Security and Human Rights Plenary Group and is a participant in the United Nations Global Compact.

The Company has a portfolio of international exploration opportunities. Talisman claims to be committed to conducting business safely, in a socially and environmentally responsible manner.

Night Life in Hong Kong

In Advice, Blog, Business, Exercise, Faith, Global Vision on August 13, 2010 at 12:10 pm

Last night we chilled out with some Canadian expatriates at the high-end lounge “club 28”. We had a good chunk of the place booked and the view on the 28th floor was indescribable. The city lights were tantamount to the river just like the neon purple floor where merging with the mirror ceiling. The expatriates were not only high up in their professions but also young with enthusiasm and uncontrollable energy. The hosts ranged from A 24-year-old project manager based in Hong Kong for Lululemon to an early 30’s millionaire….these Canadians are obviously very successful and amazingly driven…giving their thoughts and advice on how the top 45 youth in Canada can meet their potential.

Outside on the balcony next to the pool, there was this angry British man yelling at everyone. Once we calmed him down, he revealed he designed the entire building and is working on more in Hong Kong. He was an interesting character, he “challenged” us to live life with purpose…be what we want to be….make that change…..he talked about his 3 year old daughter ….then he told us he has cancer and will die very soon.

That’s when his message hit us hard.

I just want to let Joe (the British man) know that we will take his lesson and live it.

Ps due diligence was conducted and indeed his story is true.

pps – I will not have internet in Malaysia and most likely no phone service as well (this is to let my Family know)