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N. Korea: Kim Jong-il's Label Addiction Revealed(very expensive UPS-suit?)

Kim Jong-il's Label Addiction Revealed From top, Perrier bottled water, Martell Cognac, Moreschi shoes and Scabal fabrics From top, Perrier bottled water, Martell Cognac, Moreschi shoes and Scabal fabrics Kim Jong-il's Mao suit is anything but affordable and utilitarian, according to a defector who used to supply luxury goods to the North Korean leader. "It should be called a luxury suit instead," said the defector, who requested anonymity. While working for the regime, his job was to tour the country's embassies and consulates overseas and buy goods for Kim. "In the early 1990s, I was ordered to buy fabric for...

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Airmiles Andy jets off with model friend - who IS single

When Prince Andrew was pictured on a yacht getting touchy-feely with a woman half his age, the denials came thick and fast. They're just friends, said a source, and anyway, she's married. But now it turns out 25-year-old Alexandra Escat is in fact single - and the pair have since been seen jetting off together. The Duke of York, 50, was seen engrossed in a playful conversation with the Filipino model on a luxury yacht last week.

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Classic cars put investors in pole position

Someone who bought a rare Bugatti, Jaguar or Ferrari in top condition would have done better during the downturn than an investor in almost any other asset, industry observers say, including stocks, fine art or even gold. “There has been a flight into real assets,” says Historic Automobile Group founder Dietrich Hatlapa, a former Baring Securities and ING banker and collector who designed the HAGI Top, a new index that tracks the prices of a cross-section of historic cars. “People want something they can look at and touch in the evening, rather than a piece of paper in the...

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Advertising Leads People to View Luxuries as Necessities

Advertising often results in overspending and over-consumption by creating artificially induced needs. The usual catch phrases are "New", "An exclusive offer", "Everyone has one of these", and/or "You deserve the best." Other fallacious "Protect your children with ..." not to mention lastly "Want to know what women really like?" manipulate the minds of targeted groups and raise/lower self esteem to encourage people to purchase their products.

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Canadian provinces: Canada welcomed two new provinces, Saskatchewan and Alberta (1905)

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