Skip to main content

Posts

Showing posts from December 25, 2005

Argentina, Brazil Pay Off Debt to IMF; Bankers Nervous

by Cynthia R. Rush During the week of Dec. 11-17, the governments of Brazil and Argentina unexpectedly announced that they would pay off the balances owed the International Monetary Fund (IMF) before the end of this year. On Dec. 13, Brazilian Finance Minister Antonio Palocci told reporters that the Lula da Silva government would dip into its sizable $63 billion in reserves to pay the $15.56 billion it owed, noting this would save $900 million in interest payments. Two days later, Argentine President NĂ©stor Kirchner announced that he would also use Central Bank reserves to pay an outstanding balance of $9.8 billion, saving $1 billion in interest payments. While IMF Managing Director Rodrigo Rato nominally "welcomed" both actions, he was decidedly unenthusiastic about Argentina's decision. President Kirchner's Dec. 15 speech at the Presidential palace was a strong nationalist attack on IMF policies for plunging Argentina into poverty and indigence. His denunciation o

A code-red kind of alert has ripped across the country

A code-red kind of alert has ripped across the country, bringing scientific installations, borders as well as beach revellers in Kerala and Goa and consulates within its ambit. NEW DELHI: The Bangalore attack has put the fear of Bali into the hearts of India’s security organisations. With the terrorists involved still at large, there is growing apprehension of a Bali-type terrorist attack in the run-up to the New Year. Therefore, a "code-red"kind of terror alert has ripped across the country, bringing scientific and sensitive installations, porous borders as well as beach revellers in Kerala and Goa and consulates within its ambit. In 2002, tourist spots in Bali were targeted by Al Qaida suicide bombers, who killed 202 people, mainly Australian tourists. Border Security Force (BSF) has hiked security along India’s porous border with Nepal, banning crossings along unauthorised routes. Night patrolling has been intensified, and people are being frisked along the 1,125-k

Independent Balochistan is unfinished agenda of Partition

By Mohammed Rizwan Friday, December 30, 2005 LAHORE: ¡°The struggle for an independent Balochistan is part of the unfinished agenda of Partition,¡± claims B Raman, a retired Indian bureaucrat who works at the South Asia Analysis Group, an Indian think tank. The article written by the former cabinet secretary may reflect the roots of the latest Indo-Pak spat in which Islamabad and New Delhi took a swipe at each other over Balochistan, say analysts in Islamabad. Mr Raman goes on to say that ¡°since the Baloch resistance is fighting its second war of independence (uprising of the 70s being the first), India should not hesitate to draw the world¡¯s attention towards the ruthless massacre of Baloch nationalists at the hands of the Pakistan Army so that they should draw inspiration from the Bangladesh struggle for independence and unite not only among themselves, but also with Sindhi nationalists, the Shias of Gilgit and Baltistan and the people of Pakistan Occupied Kashmir, who had see

Clues from travel bag point to Pak link: Police

Clues from travel bag point to Pak link: Police Friday, December 30, 2005 BANGALORE, DEC 29: After 12 hours of groping in the dark for clues on yesterday’s attack on the Indian Institute of Science (IISc) campus, investigators today ran into remnants of the attacker’s gun-blazing march. A khaki chest pouch, a travel bag, the AK-56 used for the attack, and a blue paper napkin with a few Urdu words written on it provided some insights into the origin and the affiliations of the attacker. ‘‘The words on the note were not decipherable. They were like half words. We have sent it to Delhi as well for deciphering,’’ DGP B S Sial said. In the pouch, found dumped close to the outer boundary wall of the campus, were three live hand grenades of foreign make, three loaded AK-56 magazines with a total of 90 bullets of foreign make, one live SLR cartridge of Indian make and one live cartridge used for pistols like the 7.63 Mauser. In the pouch were also four dried dates—associated with Pa

Latest Pictures of brutal attack on Baloch by Pakistani Army

Latest Pictures of brutal attack on Balochis by Pakistani Army CLICK TO EXPAND THE PICTURES

Internal inefficiency and squabble among cops

Internal inefficiency and squabble among cops let the Islamic terrorists escape Bangalore Sudhir Chadda Dec. 29, 2005 Indian security apparatus in Bangalore collapsed as the terrorists ran for cover after striking hard at Indian Institute of Science and cops squabble among themselves losing most of vital information. According to media reports, the squabble in the top police brass in the State over creating an independent internal security squad for ‘information gathering and disseminating operation’ has resulted in police groping in dark, hours after terrorists attacked the Indian Institute of Science (IISc) on Wednesday evening. The idea was mooted in 2003, after realising that Bangalore was turning out to be a soft target of terrorists from being a safe hideout. The Government decided to create a separate force on the lines with Federal Bureau of Investigation (FBI) of USA, which will act independently. As per the move, many wings of the police department, including

Security of defence, nuke & scientific installations beefed up

New Delhi, Dec 29: Vital defence, nuclear and scientific installations were today put under high security cover along with top scientists with deployment of quick reaction teams in the wake of the terror attack on the Indian Institute of Science in Bangalore. Defence Research and Development Organization scientists, including those relating to India's missile programmes, in Delhi, Hyderbad, Pune, Kanpur, Gwalior and Bangalore were provided additional personal security. Quick reaction teams were deployed at Hindustan Aeronautics Limited, Aircraft Development Agency(ADA), IAF training command headquarters as well as at Yelhanka air base near Bangalore. Security was also beefed up at institutions like Bhaba Atomic Research Centre, Information Technology parks in Bangalore, DRDO, Bharat Dynamics Limited establishments in Hyderabad. The Indian Space Research Organization sounded a red alert at all its institutions across the country including its headquarter in Bangalore. The

Yes, 'secular' US seems kinder to Hindus than 'secular' India

Thursday December 29 2005 10:25 IST S Gurumurthy The headlines of this short story, factually told, run like this. 'Hindus worship 'statues', not 'deities'.' 'Hindu God cannot have capital 'G' and have to be content with the ordinary letter 'g' as, unlike the Gods in Abrahamic faiths, there is no one God for Hindus'. 'Who in sixth standard cares whether Ramayana was written before or after the Mahabharata'. This scandalous depiction of Hindus, their faith and history is not the tirade of evangelicals luring Hindus to their faith. But, this is how some US scholars who supported the demeaning descriptions of Hindus and India in textbooks proposed by the California Department of Education (CDE) defended their contents when Hindus protested and sought corrections. Since the US scholars were not Hindus, their defence of the books lacked credibility. To fill the credibility gap, Indian seculars stepped in, led by Romila

TERRORIST STRIKE IN BANGALORE

Paper no. 1657 29. 12. 2005 INTERNATIONAL TERRORISM MONITOR: PAPER NO.8 TERRORIST STRIKE IN BANGALORE http://www.saag.org/papers17/paper1657.html by B.Raman Professor (Retd) M C Puri, Professor Emeritus in the Mathematics Department of Delhi's Indian Institute of Technology (IIT), was killed and four serving scientists were injured, reported seriously, when an unidentified gunman opened fire indiscriminately on a group of scientists, largely Indian with some foreigners, as they were coming out of a conference hall in the prestigious Indian Institute of Science (IIS) campus in Bangalore on December 28,2005 The victims, who were attending an international conference on research relating to infrastructure, were reportedly walking to an adjacent building for dinner at the end of the day's proceedings. 2. The report on the attack carried by the "Hindu", the prestigious daily of Chennai, gives the following details: “Police said that at 7-15 PM, a man wearing a camou

IISc terror: Bangalore pays for top cops' squabble

Friday December 30 2005 00:00 IST BANGALORE: The squabble in the top police brass in the State over creating an independent internal security squad for ‘information gathering and disseminating operation’ has resulted in police groping in dark, hours after terrorists attacked the Indian Institute of Science (IISc) on Wednesday evening. The idea was mooted in 2003, after realising that Bangalore was turning out to be a soft target of terrorists from being a safe hideout. The Government decided to create a separate force on the lines with Federal Bureau of Investigation (FBI) of USA, which will act independently. As per the move, many wings of the police department, including Anti Terrorist Cell, coastal security, internal security under the new force, drugs and narcotics, all terrorist activities and Naxal activities. An officer of the rank of ADGP was posted and the Government wanted to shift the office of internal security wing outside the police headquarters to avoid any interfe