Friday, November 16, 2012

Change … Change is Awaited

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Change … Change is Awaited
If we look at the world we can see people worried, they are worried for different reasons. Some of them lost their life time savings, some do not have healthcare, and some cannot afford food once a day.
We are worried; everyone else is worried for different reason. Some lost jobs, some of them lost home and some of them everything. There is no justice, waiting for justice years and it never arrives.
There are leaders who elections on Them of Change. Have they able to change anything in this world. It has gone from bad to worst. Are we better off than 4 years ago?
Everyone is looking for peace and satisfaction.
Change is Awaited
Can these leaders bring a change in this world? The corporate world is corrupt and corruption is at top. Can such leaders bring a change in the society, than they make this society a better place? These are few examples of corruption in the society. Corruption is at highest level.
What kind of society we are looking for ourselves and our offspring.
Everyone is thirsty, looking for change, let us make change happen.
Don’t support them in the society.
We have seen two scandals recently. CIA Chief has resigned, the same man who was head of US Military before, the second man to go Lockheed Martin head. These are few scandals across western world, which has destroyed social values and ethics.
They are representative of society there.
CIA director David Petraeus resigns over 'unacceptable' extramarital affair
Petraeus says he had shown 'extremely poor judgment' over affair, which came to light during an FBI investigation The head of the CIA David Petraeus resigned on Friday, saying that he had shown "extremely poor judgment" by having an extramarital affair. The affair was discovered during an FBI investigation into a potential breach of security, it emerged. No criminal proceedings were being considered.
It is an embarrassing downfall for one of America's most senior and respected generals, and one of the most high-profile members of the Obama administration.
Troublesome Liaisons of the Business World
Petraeus is hardly the first high-profile person to engage in such behavior. He’s in dubious company among a number of corporate leaders who have recently been caught in compromising circumstances.
The world of business has been the source of numerous powerful and highly placed individuals who put their marriages, careers and good standing at risk – all for an extramarital dalliance.
The same day Petraeus resigned — Lockheed Martin president and chief operating officer Chris Kubasik offered his resignation at the request of the company’s board of directors. This happened just two months before he was to assume a new role as CEO.

According to the company’s website, the married executive had been involved in “a close personal relationship with a subordinate employee,” actions which “violated the company’s Code of Ethics and Business Conduct.”
Mark Hurd
Mark Hurd is the former CEO of Hewlett-Packard. The New York Times characterized his tenure there as "one of the great rescue missions in American corporate history, refocusing the strife-ridden company and leading it to five years of revenue gains and a stock that soared 130 percent."
Still, Hurd was forced to resign in 2010. A sexual harassment probe found that he had violated company standards by filing inaccurate expense reports, as part of an effort to conceal a personal relationship with HP marketing consultant Jodie Fisher. The investigators found that the married CEO had not harassed her, but had paid her up to $10,000 per event to accompany him to business functions.
Dominique Strauss-Kahn
Strauss-Kahn was removed from an Air France flight at Kennedy Airport and arrested that same day, moments before the plane would have taken off and flown him back to France. Two days later, he was charged with multiple felony counts, and if he’s convicted of all of them, he could be sentenced to almost 75 years in prison. He resigned his post at the IMF on May 18, 2011, and he has since pleaded not guilty to all of the charges against him.
 “Dominique Strauss-Kahn is well-known as a seducer,” his official biographer, Michel Taubmann, said. “I can’t believe he would force himself on an unwilling woman. That doesn’t make sense.”
François Mitterrand famously ran three parallel families while president. He appointed a former girlfriend of his, Edith Cresson (a married woman) as prime minister in 1991. His predecessor, Valéry Giscard d’Estaing, used to borrow a Ferrari from his friend Roger Vadim, the film director and Brigitte Bardot’s first husband, when he went on the pull. (He once crashed it into a milk float early one morning on his way back to the Elysée.) Jacques Chirac and Nicolas Sarkozy were known for eyeing up comely reporters and female junior ministers.
DSK's extraordinary excuse: 'I didn't know I was sleeping with prostitutes at orgies because they were all naked at the time'
Shamed former IMF chief Dominique Strauss-Kahn never knew he was having sex with prostitutes at orgies - because 'all of the women were naked at the time', his lawyer claimed today.
The extraordinary excuse came as new mobile phone records showed the disgraced economist slept with 10 different hookers all charging more than £1,200 a time.
Tristane Banon, 31, claims that she was attacked by Dominique Strauss-Kahn, who is currently being held in New York over other allegations
In 2008, the married head of the IMF (he is on his third wife) was revealed to have had an affair with the Hungarian economist Piroska Nagy, who worked with him in the same organisation. He was cleared in an internal investigation of abuse of power, though required to apologise publicly for ‘a serious error of judgment’.
Woman minister ‘enjoyed 8 lovers’

FRANCE’S first woman justice minister had up to EIGHT lovers on the go, it was claimed yesterday.

Rachida Dati is in a legal battle to try to force tycoon Dominique Desseigne to say he fathered her daughter Zohra, three. Desseigne, 68, who is refusing to take a DNA test, insists he is one of many who had an “adventure” with Ms Dati, 47 — which will further the philandering reputation of French politicians. And his lawyers have claimed she was involved in up to eight relationships at the time.
It is claimed her boyfriends included a TV host, a Spanish PM, a Qatari politician and a brother of ex-French president Nicolas Sarkozy. Those previously suspected of being Zohra’s father include Mr Sarkozy himself. Ms Dati, who has a reputation as a self-publicist, is said to have encouraged the speculation during interviews.

Nicolas Sarkozy and Carla Bruni 'both having affairs'

Rumours that French President Nicolas Sarkozy and his wife Carla Bruni-Sarkozy are both having affairs are gaining momentum in France.  

The first 'tweet' claimed that Mrs Bruni-Sarkozy had become romantically involved with Benjamin Biolay, a musician and a winner at France's recent Victoires de la Musique awards.  It then claimed that the jilted Mr Sarkozy had swiftly found solace in the arms of his 40-year-old ecology minister Chantal Jouanno, also a French karate champion.

Celebrity President: Nicolas Sarkozy, Carla, Cécilia and Marie-Dominique

Nicolas Sarkozy was elected the sixth president of the Fifth Republic of France in May 2007. Their first celebrity leader, he is a departure from previous French Presidents in that he courts the press and is happy for them to gossip about his personal life - and his personal life got very public when Nicolas Sarkozy got together with the model Carla Bruni. He has now become a bone fide tabloid celebrity with the typical celebrity gossip circulating about him.

Love-triangle books a headache for France's Hollande

Stuck with dismal approval ratings for his presidential debut, France's Francois Hollande is now having his private life raked over in a series of books that dissect the alleged jealousy between his current and former companions.
Despite Hollande's insistence he wants his home life kept private, public interest has been rife since first lady Valerie Trierweiler sent a "killer tweet" in June that exposed the animosity between her and Segolene Royal, the president's partner up to mid-2007.
A book out this week describes how Hollande's flirtation with Trierweiler goes all the way back to the early 1990s and that in 2003 Royal warned the journalist, 11 years her junior, to stay away from her man, then head of the Socialist Party.

Bill Clinton Scandal: Affair with Monica Lewinsky
In the early days of the Clinton-Lewinsky scandal, the most damning evidence was presented by Linda Tripp. A close friend and confidante of Monica Lewinsky, Tripp recorded her conversations with the White House intern — conversations that revealed intimate details of what Lewinsky said was a sexual affair with the President. It was these tapes that, when handed over to special prosecutor Kenneth Starr in 1998, led to the expansion of the investigation into Clinton and Lewinsky's supposed relationship, paving the way for an eventual impeachment vote by the House of Representatives.

Mr Berlusconi - Scandals over his private life
Mr Berlusconi - caught in a series of scandals over his private life, including his alleged dealings with younger women and prostitutes - has frequently turned to a pithy phrase in an attempt to shrug off the allegations. At the end of the previous year, as allegations swirled about escorts and "Bunga, bunga" parties, the PM deadpanned the line: "I unfortunately have never in my life been to a wild party."
However, the talk of scandal has got under his collar at times.
He told Il Giornale newspaper in an interview on 12 August 2009 that he had nothing to apologise for and no skeletons in his cupboard: "I deserve to be left in peace: enough violations of privacy."
Questioned on the sex allegations in late July, Mr Berlusconi admitted: "I am not a saint, you've all understood that." In an earlier interview with gossip magazine Chi, Mr Berlusconi denied he pays for sex, adding: "I never understood where the satisfaction is when you're missing the pleasure of conquest."
More bluntly, in November 2010 Mr Berlusconi hit out with the following: "It's better to like beautiful girls than to be gay."

Silvio Berlusconi's scandals

A party animal

CETTO LA QUALUNQUE is an irredeemably corrupt, vulgar businessman from Calabria, Italy's mobster-ridden toe. He has just returned from a stretch on the run from the law to stand for mayor of his native, bullet-ridden Marina di Sopra (ominously twinned with Weimar). Unlike Martin Luther King, he says, “I have no dream…but I do like pilu [a dialect term for a bit of tail].” Mr La Qualunque, the central character in a new film, “Qualunquemente”, is an invention. But this week he suddenly looked awfully real.
On January 17th Milan prosecutors submitted to parliament a dossier of statements, reports and wiretap transcripts that depicted scenes as extravagantly sordid as anything in the much-trailed comedy. They included orgiastic parties staged at the home of Italy's prime minister, Silvio Berlusconi, involving more than 20 half-naked women, and a room for what are known to participants as “Bunga Bunga” sessions, equipped for pole-dancing, with wardrobes full of skimpy nurses' and policewomen's uniforms.
John Edwards
North Carolina senator John Edwards had served only a portion of his one term in the US senate before running for president in 2004. He lost the nomination, but was selected as Democratic nominee John Kerry’s running mate.
After Edwards’ unsuccessful 2008 bid for the Democratic presidential nomination, a story broke in The National Enquirer that he was having an extramarital affair. It turned out to be spot-on. Not only had Edwards had an affair with filmmaker Rielle Hunter, but he had fathered a child with her as well. Edwards has since reduced his profile considerably, and it is not known if he plans to return to the national stage.
Arnold Schwarzenegger
“The Governator” served for over seven years, and left office in January 2011. Then, on May 9, 2011, he and wife Maria Shriver announced that they were separating after 25 years of marriage. The Los Angeles Times revealed that the actor and politician had fathered a child out of wedlock ten years earlier with one of their family’s household staff, and while it’s too early to tell what kind of an effect this revelation will have on Schwarzenegger’s future, he asked that his family be respected and left alone. "While I deserve your attention and criticism,” he said in a statement, “my family does not. " 

Thursday, October 11, 2012

KFC - Best Quality Chicken with Worms

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“Eat Healthy, Live Healthy”
Worms found in chicken, KFC Kerala outlet sealed
http://www.hindustantimes.com/India-news/Kerala/KFC-outlet-closed-after-serving-chicken-dish-with-worms/Article1-942121.aspx
The Thiruvananthapuram outlet of Kentucky Fried Chicken (KFC) was temporarily shut down on Monday after live worms were found in the chicken served to a customer.  Shiju Abdul Basheer had ordered a dish of fiery chicken. But when his wife cut a piece to feed her little daughter, she found worms wiggling in it.
The restaurant staff apologized and offered to replace the dish. “When I refused, they tried to take it away forcibly. Then, the other customers intervened and alerted the police and the food safety officials,” said Basheer.
Basheer and his brother, who had some of the chicken earlier, showed symptoms of food poisoning when they reached home. They had to be hospitalized.
The authorities raided the outlet and seized bags of chicken that were four to five months old.  “We have sent 13 samples for examination. The outlet can’t open till the reports come,” said an official of the food safety department. The incident comes in the wake of a clampdown on unhygienic food joints, which occurred after a man died two months ago after consuming sheverma (an Arab dish) in Thiruvananthapuram.
On Monday night, the KFC outlets in Kozhikode and Kochi were raided. “It is impossible for worms to stay alive in chicken pieces fried at 260 degrees Celsius. We don’t know how it happened,” said M Najeeb, manager of the Kozhikode outlet.
No one from the KFC franchise in Thiruvananthapuram was available for comment. But on Tuesday, a press release by them said, “We are providing full cooperation to the ongoing probe. We are committed to serving quality products to all our customers.”

Eat Healthy Live Healthy

Worm found in McDonald's burger
http://digitaljournal.com/article/320770
An international branch of McDonald's in Finland served up more than one customer wanted in his burger. The customer discovered a live black worm lurking in his burger slathered sauce.
Vuotias Helsinkiläismies, 22, treated himself to a take-out two euro burger from McDonald's. When he arrived home and unwrapped his hamburger he made a disgusting discovery as the worm crawled out of his food.
Voice Finland reported that the man immediately contacted McDonald's to complain. The branch manager apologized, requested the offending burger and its worm returned to the restaurant, and offered him a credit for the McDonald's meal of his choice. However, Helsinkiläismies decided it was not worth spending 2.7 euros on the bus-fare to return for another burger.
Instead he has sealed the worm inside the burger and popped it inside his fridge until he has the opportunity to return the tainted food to McDonald's. Helsinkiläismies considers it lucky that he spotted the worm before eating it and now hopes the restaurant will focus more on quality control.
MSNBC sent a Dateline team to check if "America’s top 10 fast food chains are clean and safe." Amongst their rather unpleasant discoveries they found a worm in a Wendy's salad, making Wendy's a choice to avoid if the Finnish man decides to take a State side trip.

Read more: http://digitaljournal.com/article/320770#ixzz28yoZbQ5C

WHAT PEPSI AND OTHERS DOING TO ENHANCE TASTE

What You Don't Know About Flavor Enhancers Can Harm You

The receptors are made from HEK293 -- HEK stands for Human Embryonic Kidney cells, with 293 denoting that the HEK was from the 293rd experiment. HEK293 originally came from a healthy, electively aborted baby whose cells were then harvested and cloned.

"Senomyx's salt taste, savory flavor, and sweet flavors -- as well as all their other flavor enhancers -- are purposefully developed so that they stimulate your taste buds without them actually tasting anything ... Much like MSG, these flavor enhancers operate on the neurological level to produce these reactions ...

Since they are not actually ingredients but rather 'enhancers' they are not required to be listed in a package's ingredients except as 'artificial flavors' ... [And] because very small amounts of the additives are used ... Senomyx's chemicals have not undergone the FDA's usual safety approval process for food additives."

It's no secret that most processed foods contain a variety of "artificial" and "natural" flavors intended to make you crave a certain brand of chips or cookies over another. But what is largely unknown to most consumers is that a new variety of food additive is already on the market and probably in some of your favorite snack foods.

These new additives are unique because they are not flavors at all. They are chemicals that contain no flavor of their own, rather they activate or block taste receptors in your mouth. The chemicals can mimic or enhance the taste of sugar, salt and monosodium glutamate (MSG), for example.

Amazingly, these flavor-altering compounds are used in small amounts (less than one part per million), which means companies like Senomyx do not have to go through the Food and Drug Administration's (FDA) approval process typically necessary to release food additives. Instead of the lengthy FDA process, the compound only has to be classified as "generally recognized as safe" (GRAS) by the Flavor and Extract Manufacturers Association --  a process that can take as little as 18 months, with a mere 3 months of safety testing on rats.

"Unlike artificial sweeteners, Senomyx's chemical compounds will not be listed separately on ingredient labels. Instead, they will be lumped into a broad category -- "artificial flavors" -- already found on most packaged food labels."

Embryonic Kidney Cells from Aborted Baby Used to Create Tastier Junk Foods


Cancer a Man Made Disease
Cancer is a disease of modern time which is causing havoc and no one is spared from it. Even the 4 heads of states of Latin American Countries are facing it at the same time. One of the leader and President of Venezuela Hugo Chavez said it is planted by American.
Apart from these discussion cancer is one of the most deadly disease, it can wait for some time, you live 5, 10 up to 20 years but death is sure once it caught.  The research and experiments shows it is purely a man-made disease.  It is purely depends upon life style and eating habits of the people and there is only one way to stay fit and i.e. change your life style.
Tobacco is one of the most important causes of Cancer and everybody knows about it and governments are trying to control it by different means, most importantly putting warning on every pocket that it will cause cancer. Making laws not to smoke in public and prohibiting its sale to under-age. Nothing is working, is an issue. The sale and consumption of tobacco related products are increasing day by day and cost of tobacco related diseases on health care is increasing day by day.
Bhutan is the first country in the world to ban all types of tobacco sale, soon late us hope every country make same law.
I am talking about the known things and people those products of which peoples are aware of. I am talking of those of which most of the people do not know and consumes. Government and policy makers do not want to talk about.
Should the Cancer Warning be made on every product which contents the chemicals causing the cancer?
The real issue is unsuspecting people eating cancer causing products.  Junk food contains additives and artificial flavors which increases toxic load and can cause cancer. Cancer is basically caused by the life style and continuous exposure to chemical causing cancer including which are present in food.
Pepsi and other Producers are using artificial chemicals and flavors which can cause cancer.  Even though it is mandatory to put label they are avoiding it by using different gimmicks.
Mountain Dew Can Dissolve Rat
In one of the interesting case which is prejudice in USA, a consumer which complaint that; he has found a rat in his Mountain Dew Can. The lawyers of the company are arguing that, it cannot contain a full rat because; it has chemicals which can dissolve rat. There is no issue a rat can come all the way into can.
This is very strong chemical which consumers are drinking without knowing what they are drinking and this can cause them many diseases.

Food Additives Increase Your Toxic Load
Cancer is, by and large, a man-made disease caused by a highly unnatural lifestyle and continuous exposures to excess chemicals, including chemicals in your food.

more:http://www.naturalnews.com/035276_Pepsi_fetal_cells_business_operations.html#ixzz1tJyh5cgz

more:http://www.naturalnews.com/035276_Pepsi_fetal_cells_business_operations.html#ixzz1tJylfcaf

Pepsi's lawyers say Mountain Dew can dissolve a mouse
more:http://www.naturalnews.com/034602_Mountain_Dew_mouse_dissolved.html#ixzz1tJz60ODw

NaturalNews) While drinking Mountain Dew, have you ever seen (or perhaps felt on your tongue) a thick, jelly-like substance? Maybe you assumed the ingredients in the soda had gelled. According to Mountain Dew manufacturer Pepsi, you may have been ingesting some extra protein with your beverage in the form of a liquified rodent.
Quench your thirst with some chemicals

NaturalNews has reported many times in the past on the health dangers of soda, including the fact that Mountain Dew and other fruit-flavored beverages contain a flame retardant chemical (http://www.naturalnews.com/034448_brominated_vegetable_oil_soft_drinks_chemical.html). The bright green color of this soda obviously derives from food colorings, many of which also have negative health consequences.

more:http://www.naturalnews.com/034602_Mountain_Dew_mouse_dissolved.html#ixzz1tJzAHx1Y

Coca-Cola, Pepsi to reduce 'cancer-causing' caramel coloring content of their soft drinks
http://www.guardian.co.uk/business/2012/mar/09/coke-pepsi-recipe-change-avoid-cancer-warning

Coke and Pepsi change recipe to avoid cancer warning
http://www.bbc.co.uk/news/world-us-canada-17308181

Coke and Pepsi change the way they make their drinks to avoid a cancer warning label in compliance with Californian law
http://www.reuters.com/article/2012/03/09/us-coke-pepsi-idUSBRE82814V20120309

Pepsi and Coke may cause Cancer?
http://www.dailymail.co.uk/news/article-2112335/Coke-Pepsi-change-recipe-avoid-putting-cancer-warning-labels.html

Cancer warnings
One has to wonder if this warning would drastically affect the sales of these beverages.  Don’t cigarette packages have dire warnings with disturbing graphics printed on their labels?   Have not other food products also been linked to cancer, such as aspartame and other synthetic sweeteners and food additive products.   So what is it and is there a real concern over 4-MEI?

Saturday, April 21, 2012

1991 - 2011 Liberalization India's Journey to Nowhere

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1991-2011 – Liberalization – India’s Journey to Nowhere
The caretaker government in India headed by Prime Minister Chandra Shekhar, and Finance Minister Yashwant  Sinha’s immediate response was to secure an emergency loan of $2.2 billion from the International Monetary Fund by pledging 67 tons of India's gold reserves as collateral. Reserve Bank of India had to pledge India’s gold reserve to secure an emergency loan from the IMF which caused national outrage resulting in the caretaker government’s ouster and Congress won the fresh elections.
The move helped tide over the balance of payment crisis and kick-started Manmohan Singh’s economic reform process.
Crisis was caused by current account deficits and currency overvaluation.
The economic crisis was primarily due to the large and growing fiscal imbalances over the 1980s. During mid eighties, India started having balance of payments problems. Precipitated by the Gulf War, India’s oil import bill swelled, exports slumped, credit dried up and investors took their money out.
Due to the currency devaluation the Indian Rupee fell from 17.50 per dollar in 1991 to 26 per dollar in 1992. The investor confidence also played significant role in the sharp exchange rate depreciation. (Government stole money overnight from people, and country become poor.)
Root cause of the crisis: Gross (state and center combined) fiscal deficit (Expenditure more than Revenue) reached 12.7% in 1990-91. The Government borrowed from RBI to cover up the shortfall (deficit) not covered by the revenue. Money supply expanded as a result which led to high inflation. Government debt increased to 53% of GDP at the end of 1990-91 and the interest payments increased to 20% of the total central government expenditure in 1990-91.
Where Do India Stand Today
Are we heading towards the dangerous economic crisis of 1991? According to a report presented by major industry body FICCI on, the current financial situation is somewhat similar to 1991. The report presents a very gloomy picture of the economy. Report said that current state of borrowings and fiscal imbalance is more worrying than the crises two decades earlier.
FICCI’s report says that in the decade prior to 1991, the government’s borrowings increased significantly by annual average rate of 12 percent. Whereas in last five years, government’s borrowings increased by annual average rate of 32 percent. Similarly in the decade of 80s, non-plan expenditure saw an annual average increase of 20 percent whereas it is growing by annual average rate of 30 percent presently.
In last five years, fiscal deficit has grown by annual average rate of 30 percent as compared to annual average rate of 18 percent prior to the 1991 crisis. In the present scenario, growing revenue deficit is seen as a threat by economists.
Situation may worsen further by consistent slow revenue collection figures. In the last five FY, tax revenue growth has been 13 percent whereas it was 16 percent in the decade ended in 1990-91.
Trade deficit records new high at $185 b
The rising trade deficit, touching $184.9 billion mark, was a worrying factor.
Owing to the huge trade deficit, the current account deficit (CAD) is likely to be close to an uncomfortable 4 per cent of gross domestic product (GDP) in 2011-12.
The economic indicators are worrisome certainly. After the massive overrun of the budget estimate last fiscal, the projected fiscal deficit for 2012-13 at 5.1 per cent appears ambitious.
History of selling the Countries Assets
(How we reduced fiscal deficit by selling stakes in PSU)
Trends in the current account deficit are even more troubling. At 4 per cent of GDP in the first nine months of 2011-12, the current deficit is at levels not seen in a while. Rising oil prices, the consequent higher import bill, and a surge in gold imports seem to have combined with a fall in capital inflows to push up the deficit. Net FII investment in the stock market fell by more than half to Rs.47,935 crore in 2011-12, with most of it coming in the last quarter, according to SEBI data.
The trend of a rising current account deficit and falling capital inflows should be seen in the context of the foreign exchange reserves, which have been falling in recent months, thanks to the central bank's market intervention to support the rupee. At the current level of a little over $258 billion, the reserves cover about five months of imports, which is not a very comfortable position.
How much Precious Assets have been sold
In the name of divestment India has sold RS.  1, 00,264.71 (USD 25 billion) of assets i.e. public sector enterprises. Basically this is used to show fiscal prudence, but this is not fiscal prudence. Today situation is worst and with ONGC fiasco in selling FPO, government is looking at other alternatives. According to Bloomberg report government is planning find innovative way to sell the nation. This fiscal prudence has come from selling assets, auctioning natural resources. In 2010 it was one time profit from auctioning 3G telecom licenses.
The government had in 2010 mobilized Rs 1.08 lakh crore from auctioning of spectrum for 3G and broadband wireless access (BWA) services.
Nation for Sell
Now comes this wire from Bloomberg on another new plan. India plans to borrow as much as 500 billion rupees ($9.5 billion) using land and shares as collateral to bridge a budget deficit. The South Asian nation will set up a fund manager by Jan. 15 that will pledge stocks it holds in non-state companies including ITC Ltd. (ITC), Axis Bank Ltd. (AXSB) and Larsen & Toubro Ltd. (LT), the officials said declining to be identified before a public announcement. The company will use the proceeds to buy the government’s stakes in state-run firms.
The new holding company will pledge the stakes and real estate properties transferred to it from the Specified Undertaking of the Unit Trust of India, an agency formed in 2003. The state-run firm will be wound up within 3 weeks and the assets will be transferred to the new company, the officials said.
This is amazing jugglery and engineering to manage the fiscal deficit. Each year something like this comes…Though execution will be a task. Pledging land etc is a task which takes a long time.
A Myth Called Foreign Currency Reserve
India has foreign currency reserves of around 295 billion USD. Important question is it enough. If we look at its contribution, which has almost 142 billion USD in securities which is considered as hot money and can fly anytime. This will crash the stock market and rupee will collapse, this is reality. In real term we may consider this amount to be in the range of 175 billion USD to 195 billion USD. This may be enough for 3 months imports. If oil goes to 150 USD or more then all calculations will go awry.
The second problem is India’s coverage of foreign debt with foreign currency reserve. It stands at around 88% and may go down further. This is alarming situation.
What India Achieved
If we came back and situation looks similar then what really India achieved. In last 20 years we sold assets to be prudent, we opened market and still we are at the situation. Liberalization is starring at India’s policy makers.
India was Once a self sufficient in all aspects, now we are importing food i.e. Pulses, Edible Oil and many more items.
India’s consumer electronics is dominated by foreign companies and BPO is always criticized by great friend USA.
If we look at India’s HDI report (Human Development Indicators) we are doing poorly rather than excellent. Poverty is reduced by taking down poverty line. Is this economics, or politics?
In 2000 INDIA has been ranked 128th amongst 174 countries for which the United Nations Development Programme (UNDP) has released its latest computations of the Human Development Index (HDI).
In 2011 India ranks a low 134 among 187 countries in terms of the human development index (HDI), which assesses long-term progress in health, education and income indicators, said a UN report released on Wednesday. Although placed in the "medium" category, India's standing is way behind scores of economically less developed countries including Iraq and Philippines and Sri Lanka has been ranked 97. Iran is much higher at 88 and Cuba at 51.
The countries which are facing discrimination and ban from capitalist nations are doing good and liberalized India is doing badly. In fact its rank has gone down from128 to 132. Is this called development?
The most important question is why India liberalizing?






Wednesday, February 29, 2012

American way of buying justice


http://ventureart.biz/

How to buy justice............ American way?

These two incidents will show you how America buys justice across world, their soldiers and acts are immune all others can be punished without trial and any crime.




The judges in the trial in Egypt of 43 people, including 19 Americans and other foreigners, over the funding of non-governmental groups, have resigned.
The case caused a serious rift with the United States after police in Cairo raided several NGOs in December.
Some of them are backed by US groups. Egypt says they received illegal foreign funding and stopped the accused from leaving the country.
Egyptian media said the three judges resigned in "embarrassment".
The precise reasons for the move remain unclear.
US officials had earlier said the case was putting at risk the $1.3bn military aid it sends to Cairo each year.
On Tuesday, US Secretary of State Hillary Clinton suggested the two sides were moving towards a resolution.
She said "very intense discussions" on the issue were taking place.
"We've had a lot of very tough conversations and I think we are moving toward a resolution," she said.
Egyptian prosecutors confiscated documents and computers when they raided the NGOs in late December. Their members were charged with obtaining international funds illegally and failing to register with the government.

The real issue is "Regime change" 

It may be Iran, Afghanistan, Iraq - America want a regime which toe American Line, line of American empire and their lobbies, this is called Justice and all other who do not toe this line are terrorist.

Sunday, February 26, 2012

Oil @ 150……..200………..250 US$ and Japan

http://ventureart.biz/

Oil @ 150……..200………..250 US$ and Japan
When production loss in the world is growing, 
Nation       Capacity loss                 
Libya - 1.6 million barrels         1 million barrel - will take at least 1 year to reach pre-revolution 
Yemen - Loss 300,000 barrels
South Sudan - 350,000 barrels main buyer China
Syria - 250,000 barrels
Nigeria, and other African nations - 

Total loss of production 2 million barrels - total spare capacity - Saudi Arabia - 2 million barrels a day, presents products is already using 1.5 million barrels spare capacity. There is no more spare capacity which can be brought into use.
Oil 150 US$ soon..............200 after some more time........
No alternative for Japan rather than buying Iran oil in short and long term

Japan posts record trade deficit
Increased energy imports contributed to Japan last year recording its first annual trade deficit since 1980. 
The Japanese economy is one of the third largest in the world. Only the USA and China have a higher GNP. Japan is the 3rd largest economy in the world behind the US and China. In 2010, Japan's GDP (Current Prices, US dollars) was US$5.458 trillion and its GDP (PPP) was US$4.309 trillion.
Imports: Japan has a surplus in its export/import balance. The most important import goods are raw materials such as oil, foodstuffs and wood. Major supplier is China, followed by the USA, Australia, Saudi- Arabia, South Korea, Indonesia and the United Arab Emirates.
Industries: Manufacturing, construction, distribution, real estate, services, and communication are Japan's major industries today. Agriculture makes up only about two percent of the GNP. Resources of raw materials are very limited and the mining industry rather small.
  • Japan needs to import about 84% of its energy requirements.
  • Its first commercial nuclear power reactor began operating in mid-1966, and nuclear energy has been a national strategic priority since 1973.
  • The country's 50 main reactors have provided some 30% of the country's electricity and this was expected to increase to at least 40% by 2017.
  • Japan has a full fuel cycle set-up, including enrichment and reprocessing of used fuel for recycle.
  • Japan posts a record trade deficit of $18.7 billion in January – 2012
  • Rise due to the increase in oil prices and increase of fossil fuel imports
  • Deficit fueled by the shutdown of Japan's nuclear power plants
  • Only five reactors out of 54 still online after March 11 earthquake and nuclear disaster
Japan has posted a record trade deficit for January after its nuclear crisis shut down nearly all reactors, sending fuel imports surging.
The Y1.48 trillion ($A17.27 billion) deficit reported on Monday has highlighted Japan's increased dependence on imported fuel after the March 11 earthquake and tsunami sent the Fukushima nuclear plant into multiple meltdowns.
Now, Japan is importing more natural gas and oil as utilities boost non-nuclear power generation. Imports of natural gas in January increased 74 per cent from a year earlier and imports of petroleum jumped nearly 13 per cent.
Despite producing only trifling amounts of oil domestically from fields off its west coast, Japan is the third largest oil consumer in the world behind the U.S. and China, as well as the third largest net importer of crude oil. Imported oil accounts for some 45 percent of Japan’s energy needs. Besides bringing in a lot of oil, Japan is the world’s largest importer of both coal and liquefied natural gas.
Supplying the same amount of electricity by oil, for example, would increase oil imports by about 62 million metric tons per year, or about 1.25 million barrels per day,” says Toufiq Siddiqi, a researcher with the nonprofit East-West Institute. He adds that at the current price of oil per barrel (roughly $100), switching out nuclear for oil would cost Japan upwards of $46 billion per year. “Further, it would take almost a decade to build enough new oil, coal or natural gas-fired power plants to provide the equivalent amount of electricity, and tens of billions of dollars per year would be required to do so,” he concludes.
Japan January Liquefied Natural Gas Imports Rise 28.2%;
Japan’s liquefied natural gas imports rose to a record in January after the Fukushima nuclear disaster led to the shutdown of most of the country’s atomic reactors, causing utilities to use more fossil fuels.
The nation’s LNG imports climbed 28.2 percent from a year earlier to 8.15 million metric tons, according to a preliminary report released today by the Ministry of Finance.
Japan appears to be looking to natural gas, specifically liquefied natural gas (LNG), to compensate, increasing LNG imports by 27 percent year-on-year in January 2012 and receiving imports from new sources such as Qatar and Russia.  Japan was only meeting about 16 percent of its energy demand through domestic production before the disaster, and 30 percent of that production came from nuclear energy.
Natural gas and other conventional fuel imports will rise after Japan's nuclear disaster. Asian exporters of natural gas, coal, and oil should see the biggest boost.
But analysts say the amount of fuel Japan must import to make up for shutdown nuclear generation will greatly outstrip the immediate drop in consumer demand. Goldman Sachs estimates Japan must import 247,000 barrels a day of oil to compensate for the country's lost nuclear capacity while demand will drop only 16,000 barrels a day due to an expected economic slowdown in the first half.

Thursday, February 16, 2012

Oil @150.......200.......250 Can Europe Survive?


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Sanctions biting more to Europe than Iran?

Can Europe Withstand United or America wanted  to destroy EU and Euro, the only Challenge to Dollar as reserve currency?

Today oil is @120 USD a barrel, Iran has announced it will stop oil exports to six European countries which includes Greece, Italy, Portugal, Spain ........ all of these countries facing sever financial crisis, Greece is very - very close to default, it may or may not but market is already rattled and will have long term pain.

This may not be enough 

Moody is American Company
By Ian Chua and Soyoung Kim
(Reuters) - Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global financial system.

This may not be enough for Greece ......... where pain is more

Tuesday, February 7, 2012

'Europe is poor so should live within its means'

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'Europe is poor so should live within its means'

For decades the West has lectured the East on how to manage its economies. Not any more.
Now the emerging economies of Asia look like models of steady, consistent policy and sustained growth while Europe, America and Japan are mired in debt and are growing achingly slowly, if at all.
So what can the West learn from the East?
According to former Malaysian Prime Minister Mahathir Mohamad, the message is simple but devastating: Europe must face up to the new economic reality.
"Europe... has lost a lot of money and therefore you must be poor now relative to the past," he reasons in an interview with BBC World Service's Business Daily.
"And in Asia we live within our means. So when we are poor, we live as poor people. I think that is a lesson that Europe can learn from Asia."

Thursday, January 26, 2012

Oil Shock@ 150......200...250..... Who will survive ?

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Oil Shock @ 150…..200……..250
American sanctions and European Sanctions – When I started studying the issue of oil embargo on Iran, I got one thing in mind. Are they really intended to stop Iran from getting Nuclear Capabilities or something else? (Hidden Agenda) In my study all points showing advantage Iran. Iran is surplus economy and net exporter.
Country                        Imports bpd      Percent Imports
 1. China                        543,000          10
 2. India                         341,000          11 
 3. Japan                        251,000          5.9 
 4. Italy                          204,000          13.2
 5. South Korea          239,000          7.4
 6. Turkey                     217,000          30.6
 7. Spain                        170,000          16.2
 8. Greece                    158,000          53.1
 9. S. Africa                   98,000           25
 10. France                   75,000           6.0
                    
    Sri Lanka imported 39,000 bpd in the first half of the year, IEA data shows. It is completely reliant on Iranian oil.                  

·        Who is most affected?
o   India
o   China
o   Europe
·        Basically I think this American Strategy is to destroy currency challenge by EU and China (Challenge to the Dollar as reserve currency of the world.)
·        I will write on this in next post, today I am writing on how it is advantage to the Iran.



Wednesday, January 25, 2012

The Mockery of Justice


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US soldier to serve no time for Iraq killings - Americas - Al Jazeera English:

'via Blog this'

This episode shows the how American Justice system work. It may be Afia Siddiqui case or any other case, justice is only the right of American. Others who are oppressed and destroyed on fake claims are denied justice. There are nothing called justice. This episode is just one of the many which shows bias of American System.

A US marine accused over the killing of 24 Iraqi civilians in the city of Haditha was demoted to the rank of private but will serve no time behind bars, a military spokesman has said.
Staff Sergeant Frank Wuterich, the last squad member to face justice after all the others were cleared, was sentenced to 90 days confinement but he will not serve it for procedural reasons, the spokesman said.
The sentencing hearing was held on Tuesday at Camp Pendleton, south of Los Angeles.

Word of the maximum sentence sparked outrage in Iraq, where Ali Badr, a Haditha resident and relative of one of the victims, called it "an insult to all Iraqis" and "solid proof that the Americans don't respect human rights".
Wuterich, 31, the commander of a unit whose other members have been exonerated, pleaded guilty on Monday to negligence, ending the final prosecution stemming from the 2005 incident.