I've been in New York since Monday on business. It's been a week of sunny days, but bitterly cold. Take Tuesday evening as example. I was walking back to my hotel about 8.30pm. I noticed one of the giant billboards flashing an outdoor temperature reading of -2°C. It's currently 1°C and will sink to -3°C.
Tonight snow flurries are forecast but nothing is expected to settle on the ground. Of course I'm secretly praying we'll wake to find deep drifts of fresh snow city-wide. The media says temperatures will remain at least 7 degrees below the city's historical average for the rest of the week.
The impact of the ongoing global financial crisis is clearly evident. Earlier today I walked past the Barclays Capital Bank in Times Square. This high-profile building stands out thanks to video screens that cover its entire facade; from street to six-storey rooftop. Back in August this was Lehman Brothers' headquarters. Elsewhere, scrolling news tickers broadcast today's 5.5% drop in the Dow Jones, and a 5% drop in the Nasdaq.
Tonight snow flurries are forecast but nothing is expected to settle on the ground. Of course I'm secretly praying we'll wake to find deep drifts of fresh snow city-wide. The media says temperatures will remain at least 7 degrees below the city's historical average for the rest of the week.
The impact of the ongoing global financial crisis is clearly evident. Earlier today I walked past the Barclays Capital Bank in Times Square. This high-profile building stands out thanks to video screens that cover its entire facade; from street to six-storey rooftop. Back in August this was Lehman Brothers' headquarters. Elsewhere, scrolling news tickers broadcast today's 5.5% drop in the Dow Jones, and a 5% drop in the Nasdaq.
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