Skip to main content


Showing posts from October 14, 2012

Fuelling the dragon: natural resources and China’s development. An ASPI-Brenthurst Foundation publication Wednesday, 29 August 2012 In May 2012, ASPI and the Johannesburg-based Brenthurst Foundation co-hosted a major international dialogue on natural resource demand and China’s economy. Held in Zambia, the event brought together experts and policymakers from Africa, Australia, Latin America and elsewhere. Our growing interest in Africa is being shaped by China's changing relationship with the continent. China sees Africa as an opportunity. Australia has significant and growing interests in Africa's resource sector, with Australian companies having an estimated current and prospective investment of more than US$20 billion. China's relationship with Africa is also surging ahead. Annual two-way trade has risen from under $5 billion in the mid1990s to around $150 billion today. Chinese investment totals $40 billion today from virtually zero 15 years ago. China imports 1.5 million ba

‘Why Should You Import The Walmart Culture?’

TRIBHUVAN TIWARI INTERVIEW The Nobel laureate speaks on 'reforms', growing inequality in the world and the challenges facing India. PRANAY SHARMA   INTERVIEWS  JOSEPH STIGLITZ HTTP://WWW.OUTLOOKINDIA.COM/ARTICLE.ASPX?282666 Nobel laureate  Joseph E. Stiglitz  is one of the world's leading economists. A former chief economist at the World Bank and currently University Professor at the Columbia Business School, he was recently in India to attend an international conference on development and to promote his new book,  The Price of Inequality . He spoke to  Pranay Sharma  about growing inequality in the world and the challenges facing India. Excerpts: Your coinage, "one per cent versus 99 per cent", has caught the imagination of different people in the world. What does that reflect? It reflects a different view of society. The nomenclature, 'one per cent and ninety nine per cent', is a way of saying that almost everybody today is

Balochistan's cities have become the training centers of Pakistani jihadists.

The renowned Afghan Jihad has destroyed the social fabric of Pakistani society. The brainchild behind it is Pakistan, who with the help of Saudi Arabian funds gave birth to these religious fanatics. Dozens of mosques and religious schools were built with their support. This practice has taken shape of a very dangerous and bloody ideology. Soviet Union has collapsed and is heading towards development but this fanatic ideology has indulged the Pakistanis in a blood-bath. Now the target of these extremists is Balochistan. They are transforming it into Swat and Waziristan. Under the patronage of Pakistani agencies, extremist groups such as Sipah E Sahaba, Jesh E Muhamad and various other Jihadi organizations are flourishing in Chagai, an area of Balochistan which is situated on the edge of two international boundaries. Dalbandin is the headquarter of Chagai , where people from different countries are settled. Here the roots of religious fanaticism are growing at a fast pace as compa

Analytics: The Real-World Use of Big Data

The term "big data" is pervasive today and still the notion engenders confusion. Big data has been used to convey all sorts of ideas, including: huge quantities of data, social media analytics, next generation data management capabilities, real-time data, and much more. Whatever the label, organizations are starting to understand and explore how to utilize such solutions to process and analyze a vast array of information in new ways. In doing so, a small, but growing group of pioneers is achieving breakthrough business outcomes. We sought to better understand how organizations view big data – and to what extent they are currently using it to benefit their businesses. The IBM Institute for Business Value partnered with the Saïd Business School at the University of Oxford to conduct the 2012 Big Data @ Work Study, surveying 1144 business and IT professionals in more than 130 countries, and interviewing more than two dozen academics, subject matter experts and business executi

China's renminbi challenge

By BARRY EICHENGREEN SEOUL — Last month, China unveiled its first aircraft carrier, and is gearing up to challenge the United States in the South China Sea. By initiating a plan to internationalize its currency, China is similarly seeking to challenge the dollar on the international stage.   In carving out a global role for the renminbi, Chinese policymakers are proceeding deliberately. In the words of the venerable Chinese proverb, they are "feeling for the stones while crossing the river." The authorities' first step was to authorize Chinese companies to use the renminbi in cross-border trade settlements. As foreign firms exporting to China accepted payment in renminbi, the currency piled up in their bank accounts in Hong Kong. That led to the next step: Foreign firms wishing to invest in China were allowed to tap those deposits by issuing renminbi-denominated bonds, and eligible offshore financial institutions were permitted to invest renminbi funds in China'

For hardy political 'ethic', a battle of survival   AJAZ ASHRAF Hindu 19X12 Oped   India Against Corruption has broken the unwritten code that politicians will not target each other's kin, and in doing so has taken over the role the traditional Opposition and media should be playing   The civil society formation, India Against Corruption, is a beast most find stunning and enthralling, yet few are able to define its precise nature. The confusion over IAC's personality arises from the many simultaneous roles its activists have arrogated for themselves. They are India's muckrakers, exposing the underbelly of its politics and ferociously working as a democracy watchdog, considered the defining features of the media. They have usurped the role of the Opposition parties, albeit outside Parliament, providing the government no quarter and demanding accountability for its action and inaction. In fact, over the p

'Chinese n-help emboldened Pakistan to fuel Kashmir insurgency'

New Delhi, Oct 16, 2012, (IANS):   Chinese assistance to Pakistan in developing a nuclear bomb emboldened it to fuel the Kashmir insurgency in 1989, says a noted security expert who has done considerable research on the issue. "Till 1989, not much was known about Pakistan's nuclear programme. The first indication was (disgraced scientist) A.Q. Khan's interview to (Indian journalist) Kuldip Nayar in which he spoke about possessing the bomb. It all came together when the azadi movement erupted in 1989. There was the sudden realisation of Pakistan's capability," Rear Admiral (retd) K Raja Menon  told IANS. The Kashmir insurgency could "never have been embarked upon if the Pakistanis had not had their confidence bolstered by the ownership of nuclear weapons", added Menon, a former assistant chief of naval staff (operations) who has also referred to the subject in his boo


    B.RAMAN   According to a belated report disseminated by Radio Free Asia, there has been a suicide attack in the interior areas of Xinjiang. 2. Coinciding with the observance of the Chinese National Day on October 1,2012, an unidentified motorcyclist reportedly  drove into a post of the People's Armed Policeat Kargilik (in Chinese Yecheng) in the Kashgar Prefecture causing an explosion which killed a number of policemen. A local villager has been quoted as saying that the PAP post suffered about 20 casualties, but there has been no confirmation of the details of the attack from the local authorities. 3.This area had seen three incidents since December last. In the December incident, the Chinese border authorities allegedly shot dead seven Uighurs-including some women and children-- who were trying to illegally flee to Pakistan through the Guma area. After the incident, they projected them as terrorist suspects. 4.In the second inciden

Germany: The Aging Superpower

MORAL: Anger and love have no limits

While a man was polishing his new car, his 4 year old son picked stone & scratched lines on the side of car. In anger, the man took the child's hand & hit it many times, not realizing he was using a wrench. At the hospital, the child lost all his fingers due to multiple fractures. When the child saw his father...with painful eyes he asked 'Dad when will my fingers grow back?' Man was so hurt and speechless. He went back to car and kicked it many times. Devastated by his own actions... sitting in front of the car he looked at the scratches, child had written 'LOVE YOU DAD'.  Next day that man committed suicide... ~ Anger and love have no limits ; the truth is - things are to be used and people are to be loved. But today many a times it is seen that people are used and things are loved. ~  


B.RAMAN October 14,2012, was a sad day for Shri Salman Khurshid, India's Law Minister, and the "India Today" group , which owns a number of print journals and TV channels. 2.A non-governmental humanitarian trust for assisting physically disadvantaged people with which his wife Ms.Louise is reportedly associated has been the target of allegations of wrongful use of funds amounting to about eight million rupees sanctioned by the Government for humanitarian relief. 3.A Hindi TV channel of the "India Today" group and the India Against Corruption (IAC) group headed by ShriArvindKejriwal, a non-governmental activist, seeking to enter politics by highlighting instances of political corruption have been spearheading the campaign against ShriKhurshid on these allegations against the humanitarian trust. 4.The two campaigns have been trying to project themselves as separate from each other without any orchestrated co-ordination, but an undec

Kerala Schools to teach Samskrit from First Standard

October 1st, 2012, 9:11 pm Kasaragodu, Kerala: Kerala Govt. has decided to teach Samskrit to kids from first standard. The decision was taken in the cabinet meeting held in the capital. Henceforth, students have an option to choose Samskrit as one of the languages to learn from first standard itself. Earlier, this option was there from fifth standard. Now on, it starts from first standard itself. Recently, Samskrit teachers association had submitted a memorandum to the chief minister on this matter. Cabinet has reviewed and approved it now. The cabinet has also decided to include the life and teachings of Sri Narayana Guru in history and language text books for children of all age groups.  Please visit the following site to pick up the story :  

A liability for our nuclear plans

M. R. Srinivasan Tough provisions in the 2010 law are making it difficult to move ahead even with projects designed and built by India In the context of the ongoing debate on Kudankulam, the question of nuclear liability has come to the fore again. As a person who engaged with this question almost 50 years ago, I would like to throw some light on the subject. As a lead member of the Indian team negotiating the Tarapur contract with the Americans, it fell to my remit to address this matter. General Electric and Westinghouse, who were the serious bidders, explained to us the practice in the United States whereby the owner-operator of the plant assumed the nuclear liability risk. The operator indemnified suppliers of equipment because the financial risk of a nuclear accident, though very remote, could not be reasonably factored in by the chain of suppliers involved in a nuclear project, in their co