Or its reputation for rudeness. But the City of Light, one of the most visited cities in the world, has been knocked off its perch as best city in the world by London and Sydney in a new index released this week. According to the latest edition of the Anholt-GfK City Brands Index which measures a citys brand image, power and appeal, Londons stock has gone up in the world as it took the top spot in the biennial ranking. Possible reasons could include the fact that the city continues to bask in the afterglow of a successful Summer Olympic Games and has maintained a presence in the international spotlight with a string of historic milestones that include the Queens Coronation ceremony and the highly anticipated birth of a new royal with the arrival of Prince George. London also took the top spot as the city where individual cultures are appreciated and where foreigners can "easily fit in." Sydney, meanwhile, enjoys a stellar reputation around the world for being the safest and friendliest city. The City Brands index measures the value of a citys international reputation across six dimensions: its international status and standing; esthetic; a category called pre-requisites such as affordable accommodations and the standard of public amenities; people; pulse (interesting things to do) and its economic and educational potential. More than 5,140 interviews were conducted in Australia, Brazil, China, France, Germany, India, Russia, South Korea, the US and the UK for the index. And while Paris was able to take the top spot in the category of Pulse, where the city failed to crack the top 10 ranking was in categories such as Friendly People and Safety. This summer, in a bid to shed their longstanding image of being rude and surly, the citys chamber of commerce published an etiquette manual for Parisian restaurateurs, taxi drivers and sales staff on how to welcome international tourists.despite its indisputable charm, the capital has work to do when it comes to welcoming visitors, the chamber admits. And earlier this year, high-profile muggings of Chinese tourists robbed of their passports, plane tickets and cash shortly after landing in Paris tarnished the citys image, as did footage broadcast worldwide of soccer-related riots which broke out not far from the Eiffel Tower. Meanwhile, other notable movements on the index include Tokyo, which suffered a 7-spot drop from tenth place in 2011 to 17th place in 2013. Amsterdam, meanwhile, shot up the ranks from 17th spot to 11th position this year. And while Rio de Janeiro was ranked the third friendliest city on the list, the city fell to the bottom of the heap when it comes to safety (47 out of 50) -- a particular concern given it's set to host the World Cup and the Summer Olympics, the report points out. Here are the top 10 best cities for 2013: 1.
But mainly, it's those Aberdeen Angus Steakhouses. AUTHOR of Crap Towns Returns SAM JORDISTON about 7 hours ago Your views: London 'too built up, too overcrowded' Opinions are divided over whether London deserves the title of Britain's "worst place to live". Tweet us your thoughts @itvlondon or go to our Facebook page . @ itvlondon As a born and bred Londoner I sadly have to agree. London is far too built up and overcrowded. Not the city I grew up in! From @ColinPayn on Twitter: ( about 7 hours ago ) Lisa Jobson I personally don't like the place I find it dirty and overcrowded but im used to a small city where there are trees and fields all around couldn't ever live in a big city. @ itvlondon London is an mega-conurbation more akin to a citystate than an English Town. To compare it to Scunthorpe or Bradford is ludicrous From @Londonographer on Twitter: about 7 hours ago Capital of 'crap towns' gives Londoners a 'raw deal' The author of a book which declared that the capital was top of a list of the UK's 'crap towns' has recalled complaints from Londoners who were polled on their opinion of the city. London is crap for all sorts of reasons. Partly it's the misery of living there: the expense, the endless queueing, the standing on the Northern line with your nose jammed into someone else's armpit, the amount of time and psychological energy it takes to go anywhere or do anything We were deluged with complaints from people who have to put up with the inconvenience of living in this expensive, hard city, with people from outside the city who feel London has given them a raw deal, taking away billions of pounds in the crash, and yet somehow managing to keep all the proceeds of the recovery.. Author Sam Jordiston about 8 hours ago Your views: London voted 'worst place to live' You've been telling us what you think about London being voted the "worst place to live in Britain". You can tweet us your views @itvlondon or go to our Facebook Page . Paul MJ Never heard of "unbearable snobbery" before. London is not for everyone, that's the way it's always been.
LONDON INTERNET EXCHANGE (LINX) SELECTS CORESITE DATA CENTER FOR FIRST NORTH AMERICAN PEERING EXCHANGE
For more information, visit www.CoreSite.com . Forward Looking Statements This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," "seeks," "approximately," "intends," "plans," "pro forma," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond CoreSite's control, that may cause actual results to differ significantly from those expressed in any forward-looking statement. These risks include, without limitation: the geographic concentration of CoreSite's data centers in certain markets and any adverse developments in local economic conditions or the demand for data center space in these markets; fluctuations in interest rates and increased operating costs; difficulties in identifying properties to acquire and completing acquisitions; significant industry competition; CoreSite's failure to obtain necessary outside financing; CoreSite's failure to qualify or maintain its status as a REIT; financial market fluctuations; changes in real estate and zoning laws and increases in real property tax rates; and other factors affecting the real estate industry generally. All forward-looking statements reflect CoreSite's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, CoreSite disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause CoreSite's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in CoreSite's most recent annual report on Form 10-K, and other risks described in documents subsequently filed by CoreSite from time to time with the Securities and Exchange Commission. @yahoofinance on Twitter, become a fan on Facebook Related Content Chart Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module. You need to enable your browser cookies to view your most recent quotes. Search for share prices Breakout Stocks sold off on Monday after the debt ceiling debate escalated over the weekend.
LONDON CASH BUYERS SEND BANKS NORTH TO RISKIER LOANS
Borrowers will only require a 5 percent deposit because as much as 15 percent of the purchase price will be jointly guaranteed by the lenders and the government. The guarantee is valid for seven years and lenders have to pay the government a fee for each mortgage it includes. Tough Checks There will be tough checks to make sure buyers can afford their mortgage payments and the borrowers income will be verified, the U.K. Treasury said in a Sept. 29 statement. The guarantee will be available to lenders until January 2017 and the government probably will cap its liability at 12 billion pounds, according to a March filing by the Treasury. These mortgages may well be affordable now, but interest rates have to go up at some point and peoples circumstances could change, said Rob Wood, chief U.K. economist for Berenberg Bank. It potentially increases the volatility of the market as and when this scheme is taken away and increases the risks people are taking, he said. The market is recovering anyway. It doesnt make any sense to have it recovering any faster than it already is, he said.
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