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Showing posts from July, 2013

Industry hails Telangana's creation

HYDERABAD: Majority of industry representatives welcomed the formation ofTelangana state and said the decision would in no way adversely affect them. 
While welcoming the decision to allow Telangana people write their own fate, the infrastructure firm IVRCLBSE -2.90 %Chairman E Sudhir Reddy said, "It may now lead to similar statehood demands from across the country. Given the law and order related experiences of Chhattisgarh and Jharkhand, the union government should now focus on a national-level disaster management mechanism to address such issues in smaller states in the national interest." 

Chief financial officer with an infrastructure company into construction, roads and power, who did not want to be named, said the Telangana state formation would in way affect the interests of Andhra-based entrepreneurs with business interests in Telangana region. "Most of the infrastructure firms have projects across the country and in fact the new capital for Andhra state, which m…

Follow your dreams! Do the job what you love! - Sylvestar Stallone, Steve Jobs

'You've got to find what you love,' Steve Jobs says This is a prepared text of the Commencement address delivered by Steve Jobs, CEO of Apple Computer and of Pixar Animation Studios, on June 12, 2005. Video of the Commencement address. I am honored to be with you today at your commencement from one of the finest universities in the world. I never graduated from college. Truth be told, this is the closest I've ever gotten to a college graduation. Today I want to tell you three stories from my life. That's it. No big deal. Just three stories. The first story is about connecting the dots. I dropped out of Reed College after the first 6 months, but then stayed around as a drop-in for another 18 months or so before I really quit. So why did I drop out? It started before I was born. My biological mother was a young, unwed college graduate student, and she decided to put me up for adoption. She felt very strongly that I should be adopted by college graduates, so everythin…

There is 92 times gold sold on paper than in real existence- There is no better way to preserve your wealth in an unstable economy of the world than buying physical Gold

Egon von Greyerzand James Turk discuss why gold is the best way to preserve wealth for the long term

 James Turk - Founder of


Egon von GreyerzThe Coming Shortage Of Physical Gold and Silver That Will Send Prices Soaring According to the Reserve Bank of India, “the traded amount of ‘paper linked to gold’ exceeds by far the actual supply of physical gold: the volume on the London Bullion Market Association (LBMA) OTC market and the major Futures and Options Exchanges was OVER 92 TIMES that of the underlying Physical Market.”

 When Gold And Silver Bottom Is Irrelevant To Your Financial Health- there is no better way to preserve your wealth in an unstable economy of the world
Debt is a lien, so whenever you use FRNs to buy anything, whatever you purchase carries with it a lien. This is why when you …

China Maneuvers To Take Away U.S.' Dominant Reserve Currency Status

"All warfare is based on deception." -- Sun Tzu, "The Art of War" (500 B.C.)
"An international monetary system dominated by a single sovereign currency has intensified the concentration of risk and the spread of the crisis." -- People's Bank of China (2009)
It should go without saying that China and Russia have designs to end the U.S. Dollar hegemony and debtism free ride. This is fundamental to understand and will be a game changer. The impacts on the standard of living of these players will be profound and especially negative for the U.S. How and in what manner this plays out is the question. I strongly believe that the answer lies in two parts: letting the U.S. put a noose around its own neck and then at the appropriate time, kicking the chair out from under it.

The first part of the operation is now advanced and is described below. The second part involves China and Russia preparing their relative currencies to be accepted in lieu of dol…

What's the cost of a credit card information in the black market? 160 Million Credit Card Numbers stolen recently.

By David Jones and Jim Finkle NEWARK, N.J./BOSTON (Reuters) - U.S. prosecutors charged six foreign nationals with hacking crimes, including credit and debit card thefts that authorities say cost U.S. and European companies more than $300 million in losses, and charged one of them with breaching Nasdaq computers. Prosecutors said the indictments unsealed on Thursday for the payment card hacking were the biggest cyber fraud case filed in U.S. history. The long list of victims include financial firms Citigroup Inc(C.N), Nasdaq OMX Group Inc(NDAQ.O), PNC Financial Services Group Inc(PNC.N) and a Visa Inc(V.N) licensee, Visa Jordan. Others include retailers Carrefour SA(CARR.PA) and J.C. Penney Co(JCP.N) along with JetBlue Airways Corp(JBLU.O), prosecutors said as they announced indictments. Prosecutors said they conservatively estimate that a group of five men stole at least 160 million credit card numbers, resulting in losses in excess of $300 million. Authorities in New Jersey charged …

A simple couple who saved several lifes

Diarrhoea is one of the biggest killers of children in Africa. Cheap and simple remedies can be effective, but only if they reach those in need. So one British couple came up with a way to solve this delivery dilemma - by using something that was already there. It is not really a main street, just a wide dusty red track between a scatter of huts and little stores that make up the village of Kanchele in southern Zambia. At one end there is a cluster of lively market stalls. At the other end, the men are playing pool. Hens and tiny chickens scratch the red earth. It is a long way off the main road from the Zambian capital Lusaka to Livingstone near the Victoria Falls, bumping down 30 miles (50km) of increasingly rough tracks across the bush. Eventually reached, the village is pretty basic; no power supply, water fetched on foot from the river two kilometres or so away. No television, of course. I came to this remote place in Africa with a British campaigner called Simon Berry, now in h…

Rich world will be the East: Ex World Bank chairman speech at Stanford

James D. Wolfensohn (right in the picture below) shows what the future world economy is shaping into.

Watch on youtube- a very enlighting speech:

See supporting posts by clicking the label 'Asia to lead the world'

Let us think sensibly in the interest of all people of the world: Putin's speech


Unipolar world - not a good place for America or anyone

"The combined GDP measured in purchasing power parity of countries such as India and China is already greater than that of the United States. And a similar calculation with the GDP of the BRIC countries – Brazil, Russia, India and China – surpasses the cumulative GDP of the EU".

English transcript:
Speech at the 43rd Munich Conference on Security Policy 02/10/2007 Thank you very much dear Madam Federal Chancellor, Mr Teltschik, ladies and gentlemen! I am truly grateful to be invited to such a representative conference that has assembled politicians, military officials, entrepreneurs and experts from more than 40 nations. This conference’s structure allows me to avoid excessive politeness and the need to speak in roundabout, pleasant but empty diplomatic terms. This conference’s format will allow me to say what I really think about international security problems. And if my…