Americans still don’t like dollar coins

by Meg Nesterov on

According to an NPR story this week, the Federal Reserve is sitting on a billion dollars worth of the $1 Sacagawean and Presidential coins, and the program to replace dollar bills with the metal coins has largely been deemed a failure. The government spends millions annually to mint new coins in order to introduce all the US presidents, resulting in millions languishing in vaults a la “Scrooge McDuck” said Planet Money’s David Kestenbaum. Despite the fact that they are legal tender and the government’s many efforts to promote their use, Americans still distrust the dollar coin.

Why the reason for the distrust? Americans claim they are difficult to spend, not recognized by many merchants, or just weigh down pockets too much. Perhaps we should ask our foreign neighbors how they have integrated them into daily life. America is one of the few countries in the developed world to use a $1 banknote and the only one of the top five traded currencies (including the Euro, British Pound, Japanese Yen, and Australian dollars) to use a bill in such a small denomination. Canada replaced the dollar bill with the “loonie” coin in 1987 and the British pound note has been out of circulation since 1983. Is taking away the $1 bill the only way to get Americans to use the coin? We reported earlier this year on a possible way to earn frequent flyer miles by purchasing dollar coins, a legal (but not encouraged by the US Mint) practice that may actually contribute to this back log of currency. Maybe go out and spend the coins instead and hope the trend catches on.

%Poll-65939%

Photo courtesy Flickr user cometstarmoon. Hat tip to Honza Kerver for the NPR story link.

UK strike slows down ports and airports

by Sean McLachlan on

UK airports and ports are experiencing delays as many customs and immigration officials are on a one-day strike.

The UK Border Agency is one of several UK public sector unions on strike over plans to change pensions, a move they say will have employees working longer, paying more into the system, and getting less out of it when they retire.

Some Border Agency workers started early, at 6pm yesterday, and most airports and ports are reporting some delays. These delays aren’t as bad as were expected, however, because qualified managers have stepped in to fulfill the absent workers’ duties and not all workers are on strike. Still, if you’re flying into the UK today, don’t expect to be relaxing in your hotel an hour after you land.

Passengers leaving the UK will not be affected because they don’t go through customs. Airport security workers are not on strike.

Other government facilities such as schools, courts, and offices are also closed or giving limited service.

[Image courtesy Wikimedia Commons]

Strike to cause delays at UK ports and airports tomorrow

by Sean McLachlan on

A massive public sector strike planned for tomorrow in the UK will slow down travel in ports and airports.

An estimated 750,000 public sector workers will go on a one-day strike in protest over proposed changes to pensions, and this will include thousands of customs and immigration officials. UK ports and airports will remain open but passengers should expect delays.

Most schools and many other government buildings will be closed tomorrow. Strike organizers complain that the new public sector pension scheme will make employees work longer, put more money into the system, but get less when they retire.

[Photo courtesy Wikimedia Commons]

Finland in London

by Alex Robertson Textor on

Week before last, I traveled to Oulu to bask in the midnight sun. Dusk and dawn were indistinguishable. I needed little sleep to feel energized. At midnight I looked north and imagined landscapes bathed in even brighter sunlight.

Back in London this past week, I was faced with rain and general drenching. The clouds were low and foreboding; the gray skies interminably soul-annihilating. London seemed to have forgotten that summer had arrived. An exaggeration? Indeed. But not by much. I began to fantasize about Finnish things to take my mind off the gray wetness of it all.

The first and easiest stop for Finland lovers in London is probably Nordic Bakery. The softly ambassadorial function of this fantastic bakery-cafe, with branches in Soho (14a Golden Square) and Marylebone (37b New Cavendish Street), cannot be undervalued. I’ve long been a fan of Nordic Bakery for its open-faced sandwiches, cinnamon pastries, and clean Nordic interior design. The menu also features savory Karelian pies, a triumphantly Finnish dish consisting of a thin rye crust typically cradling a rice filling. Egg butter (butter mixed with boiled eggs) is spread over the hot pie for extra heartiness. Karelian pies are delicious, if possibly most appropriate for subzero noshing.

Though Scandinavian Kitchen (61 Great Titchfield Street; not far from Nordic Bakery’s Marylebone branch) does not focus on Finnish products, it sells a smattering of Finnish items, notably Lapin Kulta beer.

The Finnish Church (33 Albion Street, Rotherhithe) features a cafe open seven days a week, as well as a library, Finnish satellite television, a shop selling Finnish products, a sauna (open Tuesday through Sunday, with some gender-segregated time slots), and a small and quite reasonable guesthouse. The sauna can be booked for private use.

Another resource is the Finnish-British organization Finn-Guild, which serves as a kind of cultural clearinghouse in the name of promoting Finnish culture and language in the UK. Finn-Guild publishes a quarterly magazine, coordinates English- and Finnish-language classes, sponsors cultural events, supports the Finnish Church in London, and operates a travel agency.

Also useful for an injection of Finnish culture: Finland’s UK embassy and the Finnish Institute in London. The latter, an institute receiving direct funding from the Finnish government, is a think tank with a rather heady brief, though not all of its work is serious. Last year, it commissioned London’s hugely successful pop-up Finnish restaurant HEL YES!.

[Image: Flickr | yisris]

Italian art in London

by Sean McLachlan on


One of the best collections of Italian art in the world can be found in an unlikely place: a quiet street in the London borough of Islington.

The Estorick Collection of Modern Italian Art is housed in an elegant Georgian mansion and boasts a comprehensive collection of Italian Futurist paintings. Futurism was a style born out of the havoc of industrialization and the carnage of World War One. It emphasized the speed and technological advance of modern society.

Typical of this style is Umberto Boccio’s The City Rises, shown here courtesy of Wikimedia Commons. This totally blew me away when I saw it at a special Futurist exhibition at the Estorick a few years ago. The people and buildings seem to be swept along by a windstorm of colored motion. It’s currently at the Museum of Modern Art in New York. Other paintings show Futurism’s trading ideas with Cubism, like Gino Severini’s Portrait of Eric Estorick, the museum’s founder. It’s more a study of angles and shading than an actual image of a man.

It’s not all Futurism here and the current exhibition, United Artists of Italy, is a collection of photographs of leading Italian artists. You can also get a taste of Italy at the cafe, where they serve up excellent cappuccinos (hard to find in London) and snacks.