What Am I

$2 trillion in savings..so what should one do?? Go shopping of course!! because only if an entity with such huge savings goes on a shopping spree can the world have something to cheer about. But instead of terming "shopping", if it translates into "investing" it would make much more sense for both the consumer and the producer in the long run. China with huge forex reserves has started its strategic acquisitions in this downturn where the commodity prices have gone down tremendously. Till recent times when people resented investments from China because of the negative image about them, but everyone is welcoming them with open hands. Obviously anyone would latch onto any country/person willing to extend capital in these very tight credit times. China has spent $41 billion in last week alone..some of the things in its shopping list are: a) Venezuela received a $6 billion loan from China and agreed to increase its oil exports to China b) China Minmetals Corpo...

Guess what this is about, the potential clash between Nadal and Federer in the Australian Open Finals on this sunday. Federer defeated Roddick in straight sets and has taken a seat in the finals. And in all probability Nadal, who looks in sublime touch as well may get into the finals. Some of the shots that Federer plays look vintage, classic...there are those gems that sometimes we can witness from the willow of Laxman, the cricketer from India. You know from the sound of the bat hitting the ball that, yes! that shot is a winner. Today Federer seems to have got back some of his game that he seem to have kept in the back burner in the last year. But, even today he wasn't looking at his best. Roddick was no where close to putting any pressure on Federer. It was like Ivanisevic playing against Pete Sampras. THe former had one of the best serves but no rally game. But Sampras always matched ace to ace with his opponent. Similar was the situation today. Roddick was banking on his s...

How ever considerate I wish to be about the policies of Bush he always surprises me with more and more acts that seem to take the common man's life for a toss. I came across this article in NYtimes about the acts that Bush pushed during the last stages of his government. Here are some of those acts... Health care : One particularly objectionable rule took effect the day President Bush left town. It gives an increased number of medical institutions and a broad range of health care workers the right to refuse to provide abortion referrals, unbiased counseling or emergency contraception, even to rape victims — further restricting women’s rights to health care. The administration should suspend enforcement and craft a new rule. Gun control : A new rule would end a 25-year ban on carrying loaded weapons in national parks, which are among the safest places in this country. Before that changes, the administration should overturn this rule. Workers’ rights : Revisions to the federal ...

Srilankan military stated that it occupied the final bastion of LTTE, the dreaded area of Mullaitivu. What does mean to the region? Finally people in Srilanka can breath free. tamils who were initially supportive of LTTE's cause slowly realized that it was another person's fervour towards power. Many things which start for a good cause seems to be lost in the frenzy of power. But let me NOT draw any conclusions towards the approach of LTTE and military. LTTE may have started for a good cause, but the bloodshed for such a long time was not justified. This is one example for various states that partition will not satisfy any thirst. People should continue to live in harmony. The future certainly looks good for Srilanka. I wish all the Srilankans all the very best for their future. They certainly have set some example about the way to fight internal threats and the bigger cause of the nation always should take a precedent. I wish India extends and continues good relations ...

Ever wondered what can be the cost of a foolish decision! A decision taken by Musharraf has just taken a toll on 1.3 million people in Swat valley [details about the swat valley http://www.swatvalley.com/gallery/browse.php?category=mingora] Taliban has almost taken its control over swat valley and people over there are being made to do the things that they never thought they would have to worry about. This reminds of the famous philosopher against the nazis.. They came for the communists and I ignored, because Iam not a communist They came for the Jews and I ignored, because Iam not a Jew They came for the Russians and I ignored, because Iam not one of them And finally they came for me, but there was no one to rescue me... Similar is the situation for people in Pakistan...they ignored the raising threats from Taliban and ignored all the crimes that they performed all this while and now the Taliban came for them and they are helpless.. Police is complaining of lack of equ...

I was just wondering about the major international headlines in this first week of the year and the topics that have created furore a) Israel attacks on Gaza b) Sri lankan soldier's attacks on LTTE These two are marking more violence at the dawn of the new year. But hopefully this may actually close the violence that has been prevalent for quite some time. So, Iam still debating myself whether these fresh attacks are an indication of a concrete end to violence but beginning of more. If the former is the fight over land, then another news is happening due to the fight over resources. Gazprom, the oil major in Russia, threatening Ukraine about gas supply: This major company has been threatening Ukraine because the latter hasn't paid some of its bills. If Gazprom curtails its supplies then many people in EU will be freezed to death since 25% of EU gas supplies are through these pipelines. These two major headlines, ignoring the others, are an indication of the wars that ...

This is an article, that I intended to publish in a magazine, but simultaneously putting it in my blog. it contains the list of all industries that constitute the services sector and the impact of the economic recession on them Layoffs, Deflation, Unemployment, Reduced Growth rates, Poverty and the list go on. Needless to say, the current economic scenario is a tough time for all the players involved in the system. Services sector contributes close to 60% of our annual GDP and hence the impact on this could mark a death knell to the high growth rates of our country. Impact assessment of service sector includes the assessment on all of its disparate activities; a macro level analysis is done on the same with emphasis on some of the major ones. 1. Trade : Need less to say, with the burgeoning crisis is because of the decreased trade amongst the various business entities. The recession in the developed world has reduced the exports. Companies and banks are not willing to extend credit to ...