2006 December

Archive for December, 2006

HAPPY NEW YEAR 2007

Sunday, December 31st, 2006

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Dec 30 - A look back at the rule of Saddam Hussein Deposed Iraqi dictator Saddam Hussein ruled Iraq for 24 years, putting in place a regime marked by terror, oppression and human rights violations. Having maintained his grip on power for over two decades Saddam’s rule over Iraq crumbled as U.S. forces swept into the heart of Baghdad on April 9th and by the beginning of May major combat operations were declared at an end. In November 2006, he was convicted of crimes against humanity and sentenced to death by hanging. Pavithra George reports. source REUTERS. http://blogs.mindbodynsoul.com http://www.mindbodynsoul.com Tags:BLOGS COMMON WEALTH COMMONWEALTHTV.TV HUMAN BEINGS internet IRAQ mindbodynsoul.com POLITICS POWER POLITICS SADDAM HUSSEIN TIME TODAY U.S.A WORLD AFFAIRS

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India’s current account deficit widens to USD 6.9 bn

Friday, December 29th, 2006

Mumbai, Dec 29 (PTI) India’s current account deficit widened to 6.9 billion dollars in the second quarter of this fiscal as compared to 3.6 billion dollars in the year-ago period, the Reserve Bank of India said today. The deficit accrued despite a 11 billion dollar invisible surplus and is attributed mainly to oil imports, which clocked a 31 per cent increase in the second quarter, the RBI said releasing the Balance of Payment (BoP) data for the July- September 2006 period as well for the first half of this fiscal. The strong oil import demand also resulted in a steady expansion in trade deficit on BoP basis to USD 17.9-billion in the quarter as against USD 13.2-billion in the same period last year. “Oil imports reflected the impact of hardening price of the Indian basket of international crude, which rose to USD 66.8 per barrel from USD 49.3 in the corresponding quarter of the previous year,” the apex bank said. On a half-yearly basis (April-September 2006), the current account deficit widened to USD 11.7-billion from USD 7.2-billion in the previous corresponding period, again, primarily on account of higher oil imports. On a BoP basis, trade deficit for the first half of fiscal ‘07 increased to USD 35.1-billion from USD 27.1-billion last year. Giving details, the RBI said in the second quarter of this fiscal, India’s merchandise exports grew 22.2 per cent as compared to 33.8 per cent previous corresponding year, the export deceleration being mainly on account of a slowdown in exports of manufactured goods. PTI source PTI. http://blogs.mindbodynsoul.com http://www.mindbodynsoul.com Tags:BLOGS BUSINESS COMMON WEALTH COMMONWEALTHTV.TV dollar Economy INDIA internet Investments mindbodynsoul.com Money MUMBAI reserve bank of india rupee TIME Wealth

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Movie Guide and Film Series

Thursday, December 28th, 2006

MOVIES. Tags:

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Bush talks with top advisers on new Iraq strategy

Thursday, December 28th, 2006

By Tabassum Zakaria CRAWFORD, Texas (Reuters) - President George W. Bush met with top advisers at his Texas ranch on Thursday to hash out a new Iraq strategy that he plans to unveil next month to an American public weary of the war. Vice President Dick Cheney, Defense Secretary Robert Gates, Secretary of State Condoleezza Rice, Gen. Peter Pace, chairman of the Joint Chiefs of Staff, and national security adviser Stephen Hadley attended the session. Bush will make a statement to reporters at about 12:30 p.m. EST (1730 GMT), the White House said. As criticism mounts over his handling of the war, among the options Bush has been considering is a short-term “surge” in U.S. forces to help contain rampant violence. There are currently 134,000 U.S. troops in Iraq. The Pentagon announced on Wednesday it would send about 3,500 troops to Kuwait to serve as a standby force for use in Iraq or elsewhere in the region. Democrats say November elections in which they took control of Congress from Bush’s Republican Party reflected public discontent with the Iraq war and desire for change. But Bush, who prides himself on sticking to decisions, has brushed aside a proposal from a bipartisan panel to ask U.S. foes Iran and Syria for help in stabilizing Iraq and is said to be looking closely at a temporary troop increase. Sen. Joseph Biden, the Delaware Democrat who will be the next chairman of the Senate Foreign Relations Committee, and other Democrats already have expressed opposition to a troop increase. John Edwards, the Democratic vice presidential candidate in 2004 who now says his vote for the Iraq war was a mistake, called for the United States to begin withdrawing troops rather than “escalating” the conflict by sending more troops. Edwards, a former North Carolina senator who on Thursday announced his bid for the presidency in 2008, said the problem in Iraq was “not one that’s susceptible to a military solution.” The White House suggested Democrats and other critics should hold their fire until they hear Bush’s recommendations. “I hope that Senator Biden would wait to hear what the president has to say before announcing what he’s opposed to,” spokesman Scott Stanzel said. “President Bush will talk soon to our troops, to the American people and to the Iraqi people about the new way forward in Iraq that will lead to a democratic and unified country that can sustain, govern, and defend itself,” he said. Former Republican President Gerald Ford, who died on Tuesday, said in a 2004 interview embargoed until after his death that he thought Bush and his top advisers made a “big mistake” in their justification for invading Iraq. Ford told Washington Post journalist Bob Woodward he would have “maximized our effort through sanctions, through restrictions, whatever, to find another answer.” As Bush considers a shift in strategy to contain the violence in Iraq, where scores of civilians die daily, supporters of Saddam Hussein threatened to retaliate if the ousted Iraqi leader is executed. An Iraqi appeals court this week upheld Saddam’s death sentence for crimes against humanity and said it should be carried out within 30 days. Gates met with Bush last weekend at the Camp David presidential retreat after visiting Iraq to get a first-hand assessment as the new defense secretary. He took over from Donald Rumsfeld, one of the main architects of the Iraq war. Bush last week said he was reviewing all options, including a short-term surge in troops. “We’re looking at all options, and one of those options of course is increasing more troops, but in order to do so there must be a specific mission that can be accomplished with more troops,” Bush said.

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Mittal not keen on becoming Chairman of Arcelor-Mittal: report

Wednesday, December 27th, 2006

London, Dec 27 (PTI) NRI steel tycoon Lakshmi Mittal has made it clear that he is not keen on becoming Chairman of Arcelor-Mittal next year and the world’s largest steel producer could start looking for an outside non-executive chairman when Joseph Kinsch retires. “I don’t have the aim of being the Chairman,” Mittal, President and Chief Executive of the company, told The Financial Times. When Mittal Steel finalised the 18 billion pounds purchase of Arcelor, Mittal had indicated that he would become Chairman when Kinsch retires next year. But since then he had become Chief Executive after Roland Junck, a former Arcelor manager appointed in August, was moved aside last month. Though he admitted that he could do both the job as Chief Executive and Chairman, Mittal said “I don’t have the aim of being the Chairman.” To address concerns that Mittal would have too much control if he took on both roles, the steel group, producing 110 million tonnes steel per annum, could start a search for an outsider to share some power with Mittal who owns 45 per cent of the company. His son Aditya Mittal is in place as the group’s finance chief. Another possibility, Mittal said, was that Kinsch — formerly Arcelor chairman — could continue beyond his intended retirement date. PTI
source PTI. http://blogs.mindbodynsoul.com http://mindbodynsoul.com Tags:ABUNDANCE AFFLUENCE arcelor mittal BUSINESS COMMON WEALTH commonwealth.tv.tv INDIA internet lakshmi mittal london mindbodynsoul.com steel tycoon the financial times TIME TODAY U.K UNIVERSAL SOUL Wealth WORLD AFFAIRS

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Best of 2006: Not for the Faint of Heart or Lazy of Thought

Tuesday, December 26th, 2006

Manohla Dargis’s favorite movies of 2006 include titles by Clint Eastwood, David Lynch, the Dardenne brothers, Michael Mann and Jean-Pierre Melville. Tags:

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Tsunami anniversary: Ker announces Rs 1 bn package

Tuesday, December 26th, 2006

Chennai, Dec 26 (PTI) The Kerala government today announced a Rs 1 billion package for areas hit hardest by the tsunami as special prayers and commemorative events were organised for the thousands who were claimed by the killer waves on this day two years ago.
At a public function at Alappad near Kollam, where 140 people were killed by the tsunami of December 26, 2004, Kerala Chief Minister V S Achuthanandan promised Rs one lakh each for families of those who lost their lives in the tragedy. Special prayers, floral tributes and candlelight marches were among the events organised in memory of the dead in Tamil Nadu, Kerala, Andhra Pradesh and Andaman and Nicobar Islands. In Nagapattinam district, which reported most of the over 8,000 deaths in Tamil Nadu, hundreds of people paid tearful homage to their loved ones who were washed away by the killer waves. Fisherfolk in Colachel area in Kanyakumari district, another area hit hard by the tsunami, congregated on beaches to pray for those swallowed by the waves that crashed into the fishing hamlet the day after Christmas in 2004. Special pujas were held by women from the Gangaputra fishing community at Visakhapatnam and other coastal areas of Andhra Pradesh to ward off tsunami-like disasters. They thronged the seashore, offered prayers to Gangamma Talli (Goddess Ganga) and broke coconuts as part of the ritual. The kin of victims in different islands of the Andaman and Nicobar chain too offered special prayers as the administration said every attempt will be made to speedily complete permanent shelters at 70 locations for those left homeless by the disaster. PTI

source PTI . http://blogs.mindbodynsoul.com http://www.mindbodynsoul.com Tags:andaman nicobar islands BLOGS chennai COMMON WEALTH commonwealtht v.tv GOD HUMAN BEINGS INDIA internet kanyakumari kerala LIFE MEDITATION mindbodynsoul.com TIME TODAY tsunami UNIVERSAL SOUL VITAL LIFE FORCE ENERGY

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Gold improves on Bullion market

Monday, December 25th, 2006

Mumbai, Dec 25 (PTI) Gold prices improved on the Bullion market here today due to increased buying by local stockists even though most of the global markets were closed for Christmas. Silver also found some support from jewellers and ended better. Prices moved in a narrow range as trading activity was restricted due to most international markets being closed on account of Christmas, dealers said. Standard gold (99.5 purity) opened a shade higher at Rs 9,020 and rose further due to good buying by local jewellers to meet Christmas demand and closed at Rs 9,035, showing a moderate gain of Rs 25 over the last weekend close of Rs 9,010. Similarly, pure gold (99.9 purity), after a better start at Rs 9,070, rose further and ended at Rs 9,080, revealing a gain of Rs 20 over Rs 9,060 last Saturday. Ready silver (.999 fineness) also started higher at Rs 19,180 and edged up further to finish at Rs 19,190, showing a small gain of Rs 30 over the last close of Rs 19,160. PTI source PTI . http://blogs.mindbodynsoul.com http://www.mindbodynsoul.com Tags:BLOGS BUSINESS christmas COMMON WEALTH COMMONWEALTH TV.TV COUNTRIES Economy gold INDIA internet Investments LIFE mindbodynsoul.com Money MUMBAI silver TIME TODAY Wealth WORLD AFFAIRS

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‘Identify hidden talent; create employment generators’

Saturday, December 23rd, 2006

Mumbai, Dec 23 (PTI) President A P J Abdul Kalam today asked the IIT alumni across the globe to help India to transform into a knowledge power by identifying “hidden” genius among the youths in the country and creating employment generators.
Inaugurating PANIIT-2006 here, Kalam also asked them to motivate teachers by working closely with university systems and to help converge technologies for low cost and energy-efficient housing. Since the IIT system did not have the methodology to find the hidden genius in the country, they should evolve methods to bring out “hidden Ramanujans” (great mathematician of last century recognised by British), he added. “There was a need to create the global resource cadre by generating small enterprenures, who are employment generators rather than employment seekers,” the President said. “India is well on its way to become a knowledge power. There are all-round growth in all sectors of the economy namely agriculture, manufacturing and services. Today we have an opportunity to take the leadership in the knowledge revolution. Knowledge revolution is indeed the foundation for leading India to become a developed nation,” he said. PTI source PTI. http://blogs.mindbodynsoul.com http://www.mindbodynsoul.com

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Common Wealth TV

Archive for December, 2006

HAPPY NEW YEAR 2007

Saddam Hussein- A Profile

India’s current account deficit widens to USD 6.9 bn

Movie Guide and Film Series

Bush talks with top advisers on new Iraq strategy

Mittal not keen on becoming Chairman of Arcelor-Mittal: report

Best of 2006: Not for the Faint of Heart or Lazy of Thought

Tsunami anniversary: Ker announces Rs 1 bn package

Gold improves on Bullion market

‘Identify hidden talent; create employment generators’

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