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Central Bank of The Park closed tomorrow for mid-year tally

June 29, 2012 By TMD Reporters

The Central Bank of The Park will be closed tomorrow, June 30, for its mid-year tally. It will re-open on Monday, July 2.

The tally dates back to pre-zoocratic days, when the Central Bank served both as a governing body and as a functioning bank, offering a full range of financial services to Park Animals. Since the establishment of zoocracy, the Central Bank’s main role has been to oversee The Park’s commercial banks and to advise on monetary policy, thus ensuring the viability of The Park’s financial system.

Both the Bank’s mid-year and end-of year-tallies have come under criticism lately from several commercial groups in The Park, including the Park Association of Shops and Servcies (PASS), whose members say that closing the Bank for two or more days a year for the purpose of an audit is an anachronism that impedes productivity and gives a negative impression of The Park.

The Bank has, thus far, not responded to the criticism.

Filed Under: Breaking News, Economy and Business, Park Life

Archons’ plan to promote Park tourism draws criticism

June 25, 2012 By Bergrún Íkorna, TMD Business Reporter

A plan initiated this Spring to promote tourism in parts of The Park has met with criticism from a number of Animal groups.

The plan, which was revealed to the public just days ago, was conceived by Chief Archon George Irving Nathan Gallagher Newt, according to a source close to the Archons.

Newt, who became Chief Archon in January of this year, was the owner of a profitable recreational facility when he was chosen by lottery to serve as Archon. His plan to make The Park an attractive venue for non-residents has infuriated a number of Animal groups, who question the wisdom of inviting outsiders to spend more time in The Park.

“Personally, I don’t understand the whole thing,” says Ferit Kokarca, President of Skunks Against Gunk. “They come here and make use of our beautiful facilities, but they don’t add anything substantial to the economy,” he says.

Wellington Whistlepig, founder and current president of the Park Association of Shops and Services (PASS) concurs: “It’s not as if they buy anything from our shops,” he says.

In the meantime, The Park’s environmental groups, incensed by the plan, have decided that action speaks louder than words. Some particularly infuriated members of the group, Keep Your Paws out of Our Ponds, have set up barriers in the new tourist areas in the hope of discouraging return visitors.

Still, there are those who see positive aspects to welcoming tourists to The Park.

Park Finance Officer, Milton Struts, says studies have shown that other Parks have benefitted “not just financially, but culturally” from interacting with outsiders. And André-Philippe Campagnol, the new owner of the popular Park restaurant, The Compost Heap, says his eatery has been the beneficiary of “a significant windfall” since tourists have begun frequenting The Park.

“We’re finding that we’re able to offer a wider variety of fare this summer,” he says.

Filed Under: Breaking News, Economy and Business, Park Life

Food production scandal rocks Park

June 6, 2012 By TMD Reporters

Police investigation found some food grown in The Park is not destined for Animals’ use

Portions of The Park’s farmland are being used to produce food for consumption by Humans who live outside The Park, Police have concluded.

At a press conference held early this morning, B.N.L.Valerian Beetle, Head of The Park Police Force’s Undercover Operations Unit (UOU), confirmed the findings of the Unit’s year-long investigation.

“This has been a long and intensive investigation, conducted over the past twelve months and it includes data from each of the last four seasons,” Beetle said.

The investigation, which involved data-gathering both inside and outside The Park, was initiated after a series of meetings between Park Police and members of The Park’s Society of Concerned Park Cultivators, Planters, Growers, and Farmers (SCPCPGF).

“We knew that something was terribly wrong,” said SCPCPGF President, A.P. Civet, when she spoke briefly at the end of the press conference.

“We’d been keeping our eyes on these pieces of land for some time…we had permission to seed them and, then, we noticed plants growing in the places we’d planned to seed.”

The SCPCPGF was formed in 2008, after that year’s Archons announced that they were looking at ways to maximize The Park’s food-producing lands. At the time, the Society said it intended to act as a “policy watchdog” to ensure the fair administration of any legislation regarding farming.

At the press conference, Beetle confirmed that the investigation is ongoing, but said there are no known suspects “at this time.”

“We are working on several leads and encourage any Animals who may have seen suspicious activity in the areas of these lands to come forward with information,” he said.

Filed Under: Breaking News, Economy and Business, Park Life

Jubilee cleanup most expensive in Park history

May 28, 2012 By Elspeth Duper, TMD Social Events Reporter

The cleanup bill for last week’s Anixi Agrarian Jubilee has arrived and it is substantial.

The cost of straightening up The Park after this year’s event, which was the largest in its history, will “just about empty The Park’s coffers,” says Finance Officer, Milton Struts.

“Even the [celebration of the] establishment of zoocracy and calendar harmonization didn’t cost this much,” he says.

Organizers of the event say that its size and the numbers it attracts account for the hefty bill.

“The Park is growing in population and this year’s weather was extraordinary. Those two factors, alone, could account for the numbers we saw at the event,” says Aintza Kanariar, Director of Public Relations for The Park’s Department of Holidays, Festivals, and Celebrations.

Adding to the financial woes is the fact that some Finance Officers say the massive bill should come out of the groundskeeping account rather than the money that is allocated yearly for special events and celebrations.

“We are divided on this,” said Milton Struts in an interview on Mammalian Daily Radio this morning.

“The Special Event account is over-budget already, and we’re not even halfway through the year. Groundskeeping, on the other hand, has a small surplus, due to this year’s extremely mild Winter. It makes sense, I think, to pull the funds from there. I’m thinking ahead to next year and we don’t want to have to say that we’re cutting back on special events. That won’t go down well with Park Animals,” he warned.

Filed Under: Breaking News, Economy and Business, Park Life Tagged With: Anixi Agrarian Jubilee

Have your say on interest rates!

May 15, 2012 By TMD Reporters

Filed Under: Breaking News, Economy and Business, Park Life

Central Bank warns against short-term interest rate hikes

May 14, 2012 By TMD Reporters

In a statement issued this morning, the Central Bank of The Park warned financial institutions against offering high, short-term interest rates to their estivating clients.

“It is not in the interest of The Park nor of the client [for banks] to adjust interest rates for terms that occur during the dormancy period,” the Bank said.

The practice of offering high, short-term interest rates to hibernating and estivating clients has been in place for at least a decade, according to the Association of Financial Institutions of The Park (AFIP).

In fact, according to a report written by the Consumer Protection Agency of The Park (CPAP) and presented to the Central Bank, local banking institutions count on the fat deposits these rates attract to boost their bottom line.

“There’s no doubt that, at this time of year, the estivating client is the preferred customer,” says CPAP head, Ursula M. Bjørn. “These clients are going nowhere for a substantial length of time and, consequently, neither is their money,” she explained.

These so-called “dormant” accounts that are offered by some of The Park’s banks come with an interest rate of up to fifteen percent above the base rate that is established every quarter-year by the Central Bank.

“This [interest] rate is substantially higher than the rate that non-hibernating and non-estivating Animals are offered on any of their accounts,” says Uzoma Serval, author of the book, BankWoe.

“But, there is a catch,” he says.

“When the dormancy period ends for these Animals, they find they are not at liberty to withdraw their funds as they wish. They signed away that right, sometimes without even knowing it. And, their interest rate quickly plummets ten percent or more,” Serval says.

This has led to a rise in consumer complaints. And, non-hibernating and non-estivating Animals also have begun to complain about the practice. They say it is evidence of prejudice against them and that they are being treated unequally and unfairly by The Park’s financial institutions. It is a view the BankWoe author says may be difficult to dispute.

“The instruments of darkness tell us truths,” he says.

Filed Under: Breaking News, Economy and Business, Park Life

CPAP to investigate Daffy Dill’s “natural product” claims

May 7, 2012 By TMD Reporters

 The Consumer Protection Agency of The Park (CPAP) confirmed today that it plans to investigate claims made by The Daffy Dill that its whisker bouquets are made exclusively of “natural” products.

At a press conference held this morning, CPAP head Ursula M. Bjørn said that, in launching its investigation, the Agency was answering to a number of concerns voiced by consumers over the past 12 months.

“Consumers have been questioning the veracity of [Daffy Dill’s] claims, particularly those made about its whisker bouquet products,” Bjørn said. “We determined that these queries warranted some further examination.”

The Agency’s decision to launch its probe may also be due, in part, to recurrent rumours that non-resident Animals have been detained illegally in The Park for the purpose of harvesting their whiskers. Bjørn would not comment on these rumours, but did not deny that such activity “would be a great concern, if it were found to be true.”

While Daffy Dill owners have remained silent about the investigation, Wellington Whistlepig, founder and current president of the Park Association of Shops and Services (PASS), issued a statement just hours ago. In it, he chastised CPAP for “doing the bidding of a few disgruntled customers” and said the complaints may well have been connected to recent price increases.

“Many shops in The Park have experienced customer anger lately, as a result of necessary price increases. That is a fact of life in business, but customer anger should not be grounds for a full investigation,” the statement read.

Filed Under: Breaking News, Economy and Business, Park Life

Eggie and The Pigs turn music’s business model upside-down

April 24, 2012 By Aednat Eilifint, TMD Arts and Entertainment Reporter

Eggie and The Pigs are poised to change the way the music business is done here in The Park.

According to a spokesAnimal for the group, the four musicians have decided to allow their listening public to determine the shape and content of their next song collection.

The group’s manager released the following statement this morning:

Instead of recording songs (either individually or as a collection), ETP will be making each of their new songs available as a free digital download for listeners to enjoy.

Each song will be available for one month, during which time listeners are invited to register and vote on whether or not they wish to have the song included in ETP’s next collection.

At the end of the year, after the votes have been tallied, ETP will post another online poll that will ask listeners the order in which they would like the chosen songs to appear on the new recording, the group’s manager said.

ETP’s fans appear to be ecstatic about this new arrangement. Posting on Gewper a few minutes after the statement was released, many fans called this a “musical revolution” and some hailed the decision as granting “power to the listener.”

“I’m all ears, bring it on,” one fan wrote, succinctly, and many agreed.

Music business executives, however, have been less enthusiastic. A spokesAnimal for Rotunda Records warned of the dangers of changing the decision-making dynamic so drastically.

“Once you go down that road, there’s no turning back,” he said in an interview on Toro Talk Radio. “I think they’re forgetting about the expertise that music business experts have. Fans are important; we can’t do without them, but they don’t necessarily know the best way to produce a good musical recording,” he said.

Filed Under: Breaking News, Economy and Business, The Arts, Entertainment, and Culture

Striped Animals not getting fair share of economic pie: study

April 11, 2012 By Adelbert Mókus, TMD Financial Reporter

The latest economic figures released by The Park’s Finance Office indicate that Animals whose coats are striped or spotted have a tougher time securing full-time employment than those with coats of solid or mixed colours.

The 2011 statistics, known colloquially as the “Employment and Enjoyment Stats” were compiled for Finance Office use by The Park’s Departments of Statistics and Records, Well-Being and Safety, and Employment and Economic Opportunity. Their release today caused an uproar among Animals of every stripe.

“This paints a very bleak picture of Park life and attitudes” said Aiofe Badger, current President of Sisters and Brothers of the Narrow Band and a vocal advocate of equal rights in The Park. “This is not the kind of [economic] result that Jor would have been proud of.”

Keeva Moffatt, President of The Park’s Spotted Skunk Sedan Patrol, said the figures came as no surprise to her. “Some of our members have a terrible time finding work and they all know why, even though they can’t prove it,” she said.

Dominick Skiro, of The Park Alliance of Chipmunks, called the statistics “a crushing disappointment” and “something that challenges our belief in The Park’s system.”

At The Tabby Club, though, (the pub established by Jor, The Park’s first leader and the founder of modern zoocracy), there was much frustration but little surprise among the clientele.

“I think Jor had the right idea…the right vision, being a Tabby, himself,” said Donal Ronnach. “But it’s obviously still just an ideal. It’s hard to overcome old prejudices.”

Prejudice against stripes and spots dates back thousands of years, says historian, Beatrice Zilonis, currently a professor in the Department of History at the University of West Terrier.

“Not surprisingly, it started with Humans and and the way they treated striped and spotted Animals,” she says. “They were suspicious of them, considered them evil and the bearers of bad luck. That kind of thinking eventually made its way into the minds of Animals and this is the result.”

But, at The Tabby Club, no one cares very much how it all began.

“The most important thing is that it should come to an end,” says Ronnach. “Right now.”

 

Filed Under: Breaking News, Economy and Business, Park Life

The Promise of The Park: success or failure? Tell us!

March 28, 2012 By TMD Reporters

Filed Under: Breaking News, Economy and Business, Park Life

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