The Economy

• How the stock market works

• The foreign exchange rate, liquidity, basic economic theory
• Economic reforms in India
• How banking works; common banking terms
• Know how the stock market works - bonds, investment, etc.
• The global economic scenario
• Derivatives trading
• Scandals such as Enron, Worldcomm, Arthur Andersen and the Sarbanes-Oxley
Act.
• The role of technology in business
• The pros and cons of globalization
• Emerging communication technologies
• Foreign exchange rates, convertibility, currencies and per capita incomes

Political events, opinions and situations

• India's case for a permanent seat on the security council of UN

• The present situation in Middle Eastern countries such as Iraq, Palestine and
Lebanon
• The India-US Nuclear deal - is it beneficial or not?
• The Sri Lankan Peace Process
• Basic structure of government systems
• Current politics of India
• Basic political theory and ideologies such as capitalism (Adam Smith),
communism (Marx), socialism, democracy, egalitarianism, libertarianism, etc.
• Principles of political theories, pros and cons of each ideology, how the most
important governments function
• Currencies and per capita incomes
• India's 5-Year Plans
• The Indian space programme

Debatable topics - issues concerning:

• Advertising - fairness, company responsibility, unbiased information

• Technology - the replacement of human workers, management, the
telecommunications sector, its role in the economy, problems with technology
• Social issues - education, taxation, social programs, income distribution
• Gender issues in society and in the workplace
• The emancipation of women
• Language issues in society and in the workplace
• The effects of globalization and trade on the world and in India
• Problems which plague developing nations
• The "brain drain"
• Immigration
 • Issues within the education system
• The preservation of heritage, culture or customs
• Various rhetoric statements - are they true or not?

Sample Group Discussion topics

Here is a sample of questions you may be asked. We'll take a look at the question itself
and various perspectives/ideas you should consider when forming your supporting
argument.

Are we raising a generation of burnt out children?

The benefits of pushing children to do well is so that they are prepared for the
competitive world and will succeed in the future. They will develop the skills they need
and help develop their strengths. You should also consider the cons: childhood is a time
to explore the world and develop their own personality and enjoy life. They should not
stress, and they should do what makes them happy - that is what ultimately will make
them happy in the future. Stress and the pressure of competition can have a negative
impact on the children in the future.

Consider: the psychology and behaviour of students and of children as their minds
develop and learn, competition in the workplace, work ethic, factors of stress on success
and achievement, rebellion resulting from pressure, preparation for the real world,
various advantages and disadvantages
Political corruption
can be beneficial.

Consider: corruption
cuts through the red
tape created by
bureaucracies; it
benefits business
corporations and
helps the economy;
various case studies
of countries where
corruption is a part of
everyday life;
corruption allows for
re-investment into the
economy and
economic growth;
corruption is
subjective and
depends on the values
and customs of a
specific society,
individual or
organization;
corruption cannot be
proven show a
negative causal
relationship of a bad
economy/government

Cons: the cons of corruption can be quite obvious - corruption is undemocratic and
unfair, corruption lowers the standard of living and widens the per capita income of
society; issues of ethics, morality and justice

Does a country or economy become worse if it is corrupt? Or it corrupt because that is

the only means out of getting out of the mess? Is corruption inevitable? Are the laws
made to be broken? What about law loopholes? Consider Indian politics in particular and
whether bureaucracy is a hindrance to Indian economic reforms. Is it better to be honest
and inefficient, or corrupt and efficient?

MBA programs should be taxed at higher rates in India.

Consider: given the capacity for those with MBAs to earn higher income, these taxes
should be adjusted accordingly; also consider that taxation is a policy which is decided
for masses at large - taxes should be fixed and not based on profession; MBAs and other
professionals are already taxed a "professional tax", therefore charging an additional
higher rate is not required.

Philosophy is simply arm-chair theory.

Does philosophy have practical meaning and application in the real world? Is it a relevant
and important topic?

Consider: the relevance of philosophy in day to day life, its influence on literature (for
example, Shakespeare, William Wordsworth, Nietzsche, Voltaire); the relationship
between philosophy and politics, war strategy, philosophies for happiness, success and
enlightenment.

Case studies: Look at the influence of Nietszche on Hitler and other various philosophers
on politica movements; talk about Indian philosophy and works such as the Gita, Gandhi
(satyagraha and other tactics based on philosophy), the use of philosophy in religion,
spirituality and molding values/traditions/customs

Investment in the game of cricket hinders the development of other sports in India.

For: Players need the investment in order to have the best and latest equipment, therefore
investment in other sports is needed; we must have investment in order to compete on a
global basis since other sports such as soccer are much more popular

Against: The Sports Ministry has a fixed budget and needs to allocate money for cricket
because it is so popular; if demands for cricket are high, the department has no other
option to fund the sport. Corporations will sponsor a game which will give them the most
publicity, and cricket is arguably the most important game in India - therefore, these
corporations will inevitably sponsor cricket no matter what.

More Group Discussion questions to get you thinking!

• Do you agree or disagree with these statements? Think about the arguments for or
against them.
• Democracy has hampered India's progress.
• Globalization is good.
• Computers result in unemployment.
• Men and women will always be unequal in the workplace.
• Corruption is the main outcome of democracy in India.
• History repeats itself.
• NGOs (Non-governmental organizations) such as the United Nations are
ineffective.
• An India free of the caste system is simply a pipe dream.
• E-Commerce the best thing for India.
• Is materialism good or bad?
 • Is Indian bureaucracy the basis of a government's foundation, or simply a poor
leftover from colonial times?
• Is the agrarian economy in India a boon or a bane?
• Is management education really necessary to succeed in business?
• What is the role of ethics in industries such as tobacco, gambling and liquor?
• Should India aspire to be a nuclear superpower?
• Advertising is a form of brainwashing.
• How will the introduction of hedge funds and the lberalization of foreign
exchange controls impact our market?
• Is war with Pakistan inevitable?
• The ends justify the means.
• What do you think of this firm's (one that is in the news) decision to go public?
• Is identity more important than policy?
• Greed is good - it is an essential human quality.
• The advancement of women's rights is the basis for social development.
• Is China a threat to the Indian economy?
• Should the concept of arrange marriage still exist?
• The environment - whose responsibility is it?

January

January 2010
Mo Tu We Th Fr Sa Su
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

• January 1 – Spain takes over the Presidency of the Council of the European Union
from Sweden.
• January 1 – A suicide bombing occurs at a volleyball game in northwestern
Pakistan, killing at least 95, and injuring over 100.[2]
• January 4 – The tallest man-made structure to date, the Burj Khalifa in Dubai,
United Arab Emirates, is officially opened.[3][4][5]
• January 8 – The Togo national football team is involved in an attack in Angola,
and as a result withdraws from the Africa Cup of Nations.[6]
• January 12 – A 7.0-magnitude earthquake occurs in Haiti, devastating the nation's
capital, Port-au-Prince. With a confirmed death toll over 230,000[7][8][9] it is one of
the deadliest on record.
• January 15 – The longest annular solar eclipse of the 3rd millennium occurs.
• January 25 – Ethiopian Airlines Flight 409 crashes into the Mediterranean Sea
shortly after take-off from Beirut Rafic Hariri International Airport, killing all 90
people on-board.
[edit] February

February 2010
Mo Tu We Th Fr Sa Su
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28

• February 3 – The sculpture L'Homme qui marche I by Alberto Giacometti sells in

London for £65 million (US$103.7 million), setting a new world record for a
work of art sold at auction.[10][11][12]
• February 12–28 – The 2010 Winter Olympics are held in Vancouver and
Whistler, Canada.
• February 18 – The President of Niger, Tandja Mamadou, is overthrown after a
group of soldiers storms the presidential palace[13] and form a ruling junta, the
Supreme Council for the Restoration of Democracy headed by chef d'escadron
Salou Djibo.[14]
• February 27 – An 8.8-magnitude earthquake occurs in Chile, triggering a tsunami
over the Pacific and killing 497.[15] The earthquake is one of the largest in
recorded history.

[edit] March

March 2010
Mo Tu We Th Fr Sa Su
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31

• March 16 – The Kasubi Tombs, Uganda's only cultural World Heritage Site, are
destroyed by fire.[16]

[edit] April

April 2010
Mo Tu We Th Fr Sa Su
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30
 • April 7 – Kyrgyz President Kurmanbek Bakiyev flees Bishkek amid fierce rioting
sparking the 2010 Kyrgyzstan crisis. Former foreign minister Roza Otunbayeva is
placed at the head of an interim government as the opposition seizes control.[17]
• April 10 – The President of Poland, Lech Kaczyński, is among 96 killed when
their airplane crashes in western Russia.[18][19]
• April 13 – A 6.9-magnitude earthquake occurs in Qinghai, China, killing at least
2,000 and injuring more than 10,000.[20]
• April 14 – Volcanic ash from one of several eruptions beneath Eyjafjallajökull, a
glacier in Iceland, begins to disrupt air traffic across northern and western Europe.
[21][22][23]

• April 20 – The Deepwater Horizon oil rig explodes in the Gulf of Mexico killing
11 workers. The resulting oil spill, one of the largest in history, is not stopped for
several months and causes considerable environmental damage to the waters and
coastline of several states in the United States and affecting other nearby nations.
[24]

• April 27 – Standard & Poor's downgrades Greece's sovereign credit rating to junk
four days after the activation of a €45-billion EU–IMF bailout, triggering Stock
markets worldwide and the Euro currency decline, [25][25][26] and furthering a
European sovereign debt crisis.

[edit] May

May 2010
Mo Tu We Th Fr Sa Su
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31

• May 1 – October 31 – The 2010 World Expo is held in Shanghai.

• May 2 – The Eurozone and the International Monetary Fund agree to a €110
billion bailout package for Greece. The package involves sharp Greek austerity
measures.[27]
• May 4 – Nude, Green Leaves and Bust by Pablo Picasso sells in New York for
US$106.5 million, setting another new world record for a work of art sold at
auction.[28][29][30]
• May 7 – Scientists conducting the Neanderthal genome project announce that they
have sequenced enough of the Neanderthal genome to suggest that Neanderthals
and humans may have interbred.[31][32]
• May 12 – Afriqiyah Airways Flight 771 crashes at runway at Tripoli International
Airport in Libya, killing 103 of 104 on board.
• May 20 – Scientists announce that they have created a functional synthetic
genome.[33]
 • May 20 – Five paintings worth €100 million are stolen from the Musée d'Art
Moderne de la Ville de Paris.[34][35]
• May 22 – Air India Express Flight 812 overshoots the runway at Mangalore
International Airport in India, killing 158 and leaving 8 survivors.[36]
• May 28 – In terrorist attacks against two Ahmadi mosques in Lahore, Pakistan, 98
are killed.
• May 31 – Nine activists are killed in a clash with soldiers when Israeli Navy
forces raid and capture a flotilla of ships attempting to break the Gaza blockade.
[37][38]

[edit] June

June 2010
Mo Tu We Th Fr Sa Su
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30

• June 9 – Ethnic riots in Kyrgyzstan between Kyrgyz and Uzbeks results in the
deaths of hundreds.[39]
• June 11 – July 11 – 2010 FIFA World Cup is held in South Africa, and is won by
Spain.
• June 25–26 – The 36th G8 summit is held in Huntsville, Ontario, Canada.
• June 26–27 – The 4th G-20 summit is held in Toronto.

[edit] July

July 2010
Mo Tu We Th Fr Sa Su
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31

• July 1 – Belgium takes over the Presidency of the Council of the European Union
from Spain.
• July 8 – The first 24-hour flight by a solar powered plane is completed by the
Solar Impulse.[40]
• July 25 – Wikileaks, an international organization based in Sweden, leaks over
90,000 internal reports about the United States-led involvement in the War in
Afghanistan from 2004–2010 as public information.[41]
 • July 28 – Pakistan Airblue Flight 202 en route from Karachi to Islamabad crashes
in the Margalla Hills near Islamabad killing all 152 aboard.
• July 29 – Heavy monsoon rains begin to cause widespread flooding in the
Khyber-Pakhtunkhwa province of Pakistan. Over 1,600 are killed, and more than
one million are displaced by the floods.[42] More than 15 million people are
affected by the floods.

[edit] August

August 2010
Mo Tu We Th Fr Sa Su
1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31

• August 10 – The World Health Organization declares the H1N1 influenza

pandemic over, saying worldwide flu activity has returned to typical seasonal
patterns.[43]
• August 19 – The United States ends combat operations in Iraq as its last combat
brigade departs for Kuwait.[44][45] Additional support troops are required to leave
Iraq by 31 December 2011 under an agreement between the US and Iraqi
governments.[46]

[edit] Scheduled events

[edit] September

[edit] October

• October 10 – The Netherlands Antilles will be dissolved, with the islands being
split up and given a new constitutional status.
• October 23 – The International Space Station program will take the record for the
longest continuous occupation of space in history from Mir. (See List of
spaceflight records).

[edit] November

• November – The first Peruvian nanosatellite will be launched from Russia.[47][48][49]

[50]
 • November 29 – December 10 – 2010 United Nations Climate Change Conference
in Cancún, Mexico, also referred to as the 16th Conference of the Parties of the
United Nations Framework Convention on Climate Change (COP 16), it serves
too as the 6th meeting of the Parties to the Kyoto Protocol (CMP 6).[51][52]

[edit] December

[edit] Unknown dates

• Israel will complete its West Bank barrier.

Iran's new surface to surface missile, Qiam 1 (Rising), has been successfully test fired,
the country's Defense Minister Ahmad Vahidi says.

Hezbollah has built an elaborate network of tunnels that will allow its members to fight a
future war against Israel without being exposed to Air Force bombardments and IDF
surveillance, a Kuwaiti newspaper says.

As the U.S. military reduces the number of soldiers in Iraq, the U.S. State Department is
planning to double the number of "contractors" deployed there.

The U.S. for the first time is publicly warning about the Chinese military's use of civilian
computer experts in clandestine cyber attacks aimed at American companies and
government agencies.

Vice President says that Democrats will keep both the House and the Senate this election
season.

Approximately 50 million Americans couldn't afford to buy enough food to stay healthy
at some point last year.

Gerald Celente, the founder of the Trends Research Institute, says that the United States
is headed for "the Greatest Depression".

The head of the Congressional Budget Office warned that the U.S. economy is
facing even more difficult times ahead with chronic unemployment and slow
manufacturing hurting the recovery.

Nationwide, bankruptcy filings rose 20 percent in the 12-month period ending June 30th.

The number of Americans receiving long-term unemployment benefits has risen over 60
percent in just the past year.

Nearly half of the homeowners who enrolled in the Obama administration's flagship
mortgage-relief program have fallen out.
An important measure of home builder confidence fell to a 17 month low in August.

Is it time to get used to higher food prices?

Unfunded pension benefit liabilities at the state level - the amount states owe in promised
retirement benefits beyond what they've collected - exceed $3 trillion.

Scientists have discovered a massive oil plume at least 22 miles long, 3,000 feet deep in
the Gulf of Mexico - suggesting that the tens of millions of gallons of oil that leaked from
a broken BP well could persist far longer than expected.

Are there problems with BP's damaged oil well in the Gulf of Mexico that BP is not
sharing with the government?

Ban Ki-moon, the General Secretary of the United Nations, says that the floods in
Pakistan are a "slow-motion tsunami".

Biometrics R&D firm Global Rainmakers Inc. has announced that it is rolling out its iris
scanning technology to create what it calls "the most secure city in the world". In a
partnership with Leon - one of the largest cities in Mexico, with a population of more
than a million - GRI will fill the city with eye-scanners.

It would be a stretch to say that Big Brother will hang out in Clevelanders' trash cans, but
the city plans to sort through curbside trash to make sure residents are recycling - and fine
them $100 if they don't.

Barack Obama's bureaucrats have been empowered through executive order to seize
unprecedented control from states and localities over "conservation, economic activity,
user conflict and sustainable use of the ocean, our coasts and the Great Lakes".

Is the KGB slowly rebuilding itself?

Nearly one in five exterminators have found bedbugs in office buildings in the U.S.,
according to a recent survey of extermination firms by the National Pest Management
Association and the University of Kentucky. That compares with less than 1% in 2007.

A huge garbage patch of floating plastic in the North Atlantic Ocean has been
documented by scientists for the first time.

Pregnant women should avoid "diet" soft drinks that have been artificially sweetened,
experts have said, after a new study linked them with premature birth.

This year the normal seasonal flu vaccine will be combined with the H1N1 swine flu
vaccine.
Farmers in Syria already hit by a three-year drought are now experiencing a yellow wheat
rust outbreak.

The "life extension technologies" that many scientists are now working on are truly
frightening.

Fidel Castro is showcasing a theory long popular both among the far left and far right:
that the shadowy Bilderberg Group has become a kind of global government, controlling
not only international politics and economics, but even culture.

A new survey claims that 27 percent of public school students aged 12 to 17 attend
schools that are both gang and drug-infected. That means 5.7 million students attend
schools which are both gang and drug dominated.

The number of mosques in the United States has increased by more than 50% during the
last ten years.

The "ground zero mosque" Imam says that Sharia law is very similar to the founding
principals of America.

Islamic expert Tawfik Hamid says that many Muslims will view the construction of a
mosque near ground zero as symbolizing a "triumph over America".

Christian university students on the Tanzanian island of Zanzibar, a predominantly

Muslim area off the coast of East Africa, have been denied the right to worship, while on
another part of the isle a Christian leader has been jailed.

Cracks discovered in the surface of the Moon suggest that our nearest neighbor could
be shrinking.

Lastly, memorial crosses erected along Utah public roads to honor fallen state highway
troopers have been found unconstitutional by a federal appeals court.

1.5 Billion Barrels Of Oil Discovered In Israel As The

Middle East Continues To Prepare For War
On August 19, 2010, in Daily News Updates, by Admin
 The latest headlines from The Most
Important News....

Estimates of the amount of oil in the Rosh HaAyin discovery in Israel have risen to 1.5
billion barrels, and there is more oil off-shore, but it is not yet known how much of the
"black gold" can be extracted for commercial use.

Spurred by what they call "Israeli greed," Lebanon's parliament hurriedly passed a law on
Tuesday allowing oil and gas exploration off its coast, effectively ending a decade-long
political deadlock in the face of worries that Israel would infringe on its reserves.

Iran took its case against the United States to the United Nations on Wednesday and
strongly condemned the top U.S. military chief for saying military action remains a
possibility if the country develops nuclear weapons.

Iran announced on Monday that it has decided where to build 10 new uranium
enrichment sites inside protected mountain strongholds and will start construction on the
first in March, defying international efforts to curb its nuclear program.

Defence Minister Ahmad Vahidi said on Tuesday that Iran will unveil next week an array
of weapons, including missiles, speedboats and a long range drone, the ISNA news
agency reported.

Iranian armed forces operations head IRGC general Ali Shadmani has said that three
plans of action have been drawn up to confront any aggression made against his country.

Iranian Defense Minister Brigadier General Ahmad Vahidi says that if Israel attacks the
Bushehr nuclear plant, its whole existence will be put on the line.

It is being reported that Israel has ramped up its construction of "judgment day shelters".

It is being reported that Israel carried out airstrikes in Gaza on Tuesday, after two soldiers
were injured by mortars that exploded near the border fence earlier in the day.

A new Pentagon report says that China is pursuing a major military buildup in a
"secretive manner", is developing survivable nuclear delivery system, is developing a
1,500 km range anti-ship missile to hit aircraft carriers and has the most active land based
ballistic and cruise missile program in the world.

The Pentagon also says that China has moved new advanced longer range CSS-5 missiles
close to the borders with India and has developed contingency plans to shift airborne
forces at short notice to the region.

The Chinese government reacted angrily Wednesday to a Pentagon report expressing

worries about China’s burgeoning military capabilities.

A North Korean aircraft, thought to be a fighter jet, has reportedly crashed in China, amid
speculation its pilot may have been trying to defect to Russia.

As the Kim Jong-Il era nears its end, speculation is growing about who will control North
Korea when he is gone.

Health insurance companies all over the United States are already dramatically raising
rates in response to Obamacare.

U.S. Secretary of State Hillary Clinton has outlined a six-year, $63-billion Obama
administration initiative to bring global health care services "to more people in more
places".

As millions upon millions of American jobs continue to be shipped overseas,

unemployment is spreading like a plague across the United States.

Despite the fact that the U.S. population has exploded, less Americans are employed in
manufacturing today than in 1950.

The U.S. government is set to play a continued role in back-stopping mortgages in order
to minimize the risk of future housing-led recessions, U.S. Treasury Secretary
Timothy Geithner has admitted for the first time.

Could reform of Fannie Mae and Freddie Mac add roughly $5 trillion in obligations to
the federal balance sheet?

Banking executives are urging the government to maintain a large role in propping up the
nearly $11 trillion U.S. housing market.

The market for mortgage-backed securities has had a good run this year, but it's taken a
hit in recent days on growing talk of a "mega-refi" program that could let homeowners
refinance home loans more easily at lower rates.

The Federal Reserve bought $2.55 billion of U.S. Treasuries on Tuesday in the first
operation of a program to take up government debt using cash from maturing mortgage
bonds it holds.
There were 422,061 bankruptcy filings between April and June, according to the
Administrative Office of the U.S. Courts, up 9 percent from 388,148 in the prior three-
month period, and up 11 percent from 381,073 a year earlier.

Americans are being urged to save more money, but is it really worth it when the major
banks are giving consumers nearly zero percent on their savings accounts?

Some analysts are predicting that China could become the largest economy in the world
by the year 2020.

Has the Greek economy entered a "death spiral"?

The city of Bell, CA has recently been exposed for having corrupt and overpaid city
officials receiving salaries larger than the President of the United States. Residents who
have recently learned they were over-taxed to pay for the government workers took
control of a City Council meeting and demanded resignations.

According to a new poll, 56 percent of Americans disapprove of Barack Obama's

handling of the economy.

An increasing number of U.S. states are expanding their seat belt laws to cover rear-seat
occupants.

The Obama administration is now demanding access to the Internet records of average
citizens, in secret, and without court review.

A 32 year old man was recently beaten black and blue by two Denver Police officers for
no apparent reason at all.

According to the Bureau of Justice Statistics, more than 60,000 prisoners – or one in 20
adult inmates – were sexually assaulted during the previous year.

Justice Department officials in Washington have issued a rare threat to sue Maricopa
County Sheriff Joe Arpaio if he does not cooperate with their investigation of whether he
discriminates against Hispanics.

According to a new report, the Department of Homeland Security deported 298,410

illegal aliens in fiscal 2009, only 2.98 percent of the 10 million people it estimated were
in the United States illegally.

It is being reported that 22 U.S. states now have lawmakers pushing versions of Arizona's
illegal immigration crackdown law.

In Mexico, many reporters and editors, out of fear or caution, are being forced to write
either what the drug lords demand, or to remain silent by not writing anything at all.
House Speaker Nancy Pelosi is calling for opponents of the proposed Ground Zero
mosque to be investigated in order to establish who is funding their activities.

Why does Barack Obama keep saying so many good things about Islam, and yet he has
had so many bad things to say about Christianity?

Matt Philbin, managing editor at the Culture and Media Institute of the Media Research
Center, says that Ground Zero mosque organizer imam Feisal Abdul Rauf has been
described as a "moderate" and a "bridge builder" by the media elites, despite his
statements and actions to the contrary.

Los Angeles recently experienced a traffic nightmare of unprecedented proportions just

because Barack Obama and a group of Hollywood insiders were holding a fancy
fundraiser.

Another vacation? Barack Obama and his family are about to set off on a 10-day holiday
in Martha's Vineyard, an island hideaway favoured by the rich and well-connected,
before returning to a busy autumn election season.

A video featured on the White House website included a surprising glimpse at Barack
Obama's passport.

It turns out that a verified CIA front company, Business International Corp., paid for
Obama's Columbia college tuition.

After a federal jury convicted him of just one count - lying to the FBI - and deadlocked
on 23 other counts, Rod Blagojevich declared his innocence and defiantly taunted
prosecutors.

Desperation is growing in Pakistan as approximately one-fifth of the country remains

under water.

Oil that dispersed in the Gulf of Mexico is still out there, coating deep-water spawning
grounds and potentially resurfacing on Panhandle beaches, University of South Florida
researchers say.

The bed bug epidemic in New York continues to get worse. Recently, the pesky little
critters forced a Times Square movie theater to close.

A campaign to inform the public about the toxic chemical fluoride being added to tap
water across the country is in full swing.

Is the crisis caused by genetically-modified crops in the United States getting

progressively worse?
Last Friday a federal judge imposed a nationwide ban on GMO sugar beets and it was
overturned the next business day. Sugar beets comprise 50% of the sugar used in US
food, and 95% of the sugar beets grown in the US are GMO.

According to a new study, 85% of new pharmaceutical drugs are "lemons" and pose
serious health risks to users.

According to Barbara Loe Fisher, some potentially harmful changes are being made to
this season’s flu vaccine.

Some scientists are warning that in the very near future we're going to have to learn to
live without antibiotics once again.

Seismologists have identified two previously unknown and potentially active faults near
the capital of Washington state.

New research suggests that iPods, MP3 players and increased exposure to live music has
led to a surge in hearing loss in teens.

Google's CEO says that the private lives of young people are now so well documented on
the Internet that many will have to change their names on reaching adulthood.

A Moscow court gave the government a month to prove that it owns the Kremlin, after
descendants of the country’s founding dynasty sued for the right to use the property that
their forefathers built and inhabited.

Conservative author Ann Coulter has been dropped as a keynote speaker for WND's
"Taking America Back National Conference" next month because of her plan to address
an event titled "HOMOCON" sponsored by the homosexual Republican group GOProud
that promotes same-sex marriage and military service for open homosexuals.

According to a new poll, 49 percent of all U.S. voters describe themselves as pro-choice
and 43 percent say they are pro-life.

Lastly, an Augusta State University counseling student recently filed a lawsuit against her
university claiming it violated her First Amendment rights when she was allegedly told to
change her traditional Christian views on homosexuality or leave.

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Iran To Begin Building A Third Uranium Enrichment
Plant In Early 2011
On August 16, 2010, in Daily News Updates, by Admin

The latest headlines from The Most

Important News....

Iran will begin building its third uranium enrichment plant in early 2011, a top
Iranian official has announced, defying world powers who have imposed new sanctions
on Tehran for pursuing the sensitive nuclear work.

Iran said on Saturday that the nearly completed nuclear reactor in Bushehr will be
activated on September 16th.

A senior Iranian commander is warning the U.S. of retaliation in case of an attack on

Iran, saying that if Washington begins the war, it would not be able to put an end to it.

With tensions mounting along their shared border, Israel’s military says Hezbollah is
moving fighters and weapons into the villages of south Lebanon, building up a secret
network of arms warehouses, bunkers and command posts in preparation for war.

Israeli Prime Minister Benjamin Netanyahu is reportedly set to reject a demand that the
Quartet (the U.S., the U.N., the European Union and Britain) is apparently about to make,
according to which Israel must pledge to enter direct negotiations with the Palestinian
Authority and end them within a year's time.

Arab nations are urging that U.S. government and other world powers to end support of
Israel's nuclear secrecy and to push Israel to allow international inspections of its
program.
Barack Obama has warned Turkish Prime Minister Recep Tayyip Erdogan that if his
country wants to purchase United States weapons, it must change its foreign affairs
policy regarding both Israel and Iran.

Afghanistan announced on Sunday that it had discovered an oilfield with an estimated 1.8
billion barrels in the north of the war-ravaged country, where U.S. and other foreign
forces are trying to tame a Taliban-led insurgency.

General David Petraeus, the new commander of Nato troops in Afghanistan, has cast
doubt on the July 2011 deadline to start withdrawing coalition forces.

It is being reported that Afghan President Hamid Karzai plans to order all private security
companies in the country to shut down in four months.

South Korea and the United States launched a new round of war games on Monday
involving tens of thousands of troops, despite threats of retaliation from North Korea.

North Korea has threatened to respond to the joint SouthKorea-U.S. military drill with
"the worst-ever military punishment".

Some 61 trucks loaded with over 300 tons of explosives have gone missing in the central
Indian state of Madhya Pradesh, a senior police official said on Friday.

Treasuries rallied on Monday, sending 10-year yields to the lowest level in more than 16
months, while gold rose to a six-week high following reports showing weaker-than-
forecast growth in New York manufacturing and Japan’s economy.

Prospects for U.S. economic growth took a hit last week after reports showed the trade
deficit swelled and consumers reined in spending.

Is there evidence that the world gold market is rigged?

The U.S. government will spend an amount of money equivalent to approximately 25.4
percent of GDP this year.

It turns out that 3 out of every 5 Baby Boomers do not have enough money saved for
retirement.

A new Rasmussen Reports national telephone survey has found that 81 percent of
American adults know someone who is out of work and looking for a job.

Bloomberg is reporting that China now favors the euro over the U.S. dollar.

China is on track to overtake Japan as the world's second-largest economy after the
United States, figures released on Monday show.
The U.S. Commerce Department just announced that the U.S. trade deficit increased
by 18.8 percent in the month of June to $49.9 billion.

The IMF says that in order to fix the U.S. government budget deficit, taxes need to be
doubled on every single U.S. citizen.

Are there signs that the standard of living is already declining rapidly in the United
States?

Budget cuts are becoming so severe that in some areas of the United States students are
being instructed to bring toilet paper with them to school this year.

U.S. outrage over public service cutbacks across America has found a rallying point in
the death of 12-year-old Frank Marasco.

Even the criminals have fallen on hard times in America's poorest city as the long-term
unemployed struggle to keep a grasp on normality.

The U.S. poverty rate is third worst among the advanced nations tracked by the
Organization for Economic Cooperation and Development. In that sample, only Turkey
and Mexico are worse.

Are home prices likely to start falling even further?

The head of the Philadelphia Housing Authority can relate better than most housing
officials to the mortgage default problems facing many Americans. That's because Wells
Fargo Bank has foreclosed on his $615,035 condominium in the upscale Naval Square
development in Philadelphia.

Is America headed for an "Argentina-like" economic crisis?

Wildfires, floods, crippling droughts, and even a threatened plague of locusts have
wrecked crops and ruined harvests around the world, raising fears of a global food
shortage.

Homeless migrants from eastern Europe in London who are unable to get benefits have
become so impoverished that they are eating rats and drinking lethal cocktails of
alcoholic handwash, a homeless charity has warned.

It is being reported that the Obama administration is considering designating as many as

17 new national monuments throughout the West, effectively closing off huge swaths of
land to development.

Pakistani Prime Minister Yousaf Raza Gilani has announced that as many as 20 million
of his countrymen have been affected by the horrific flooding in his nation.
Shrimpers returned to Louisiana waters on Monday for the first commercial season since
the Gulf of Mexico oil disaster.

A new oversight report from Sen. James Inhofe, the senior Republican on the Senate
Environment and Public Works Committee, details what many analysts see as the failures
of the Obama administration during the Gulf oil spill.

Millions of fish and other water creatures were recently found floating dead in four major
Bolivian rivers.

A major 7.2 magnitude earthquake hit 232 miles west southwest of the U.S. Pacific island
territory of Guam, the U.S. Geological Survey said on Friday.

The Food and Drug Administration reported more than 1,742 prescription drug recalls
last year, skyrocketing from 426 in 2008.

Much of the fluoride added to municipal water supplies across the United States is
imported from China, and is contaminated with heavy metals, according to a warning by
Bernard Miltenberger, president of the Pure Water Committee of Western Maryland.

The BBC wants you to think that cloned meat from the dead carcases of cows is good for
you and that it "will become the norm" within ten years.

Three animals descended from cloned cows have found their way into the food chain in
Britain, with dozens more living on farms across the country.

One firm is seeking FDA approval for a genetically engineered fish that reaches market
weight in half the usual time.

Critics have worried that genetically modified plants might take over land used by native
species and that increasingly hardy "superweeds" may develop. A new study supports
some of these fears, detailing an abundance of genetically modified canola crops found
outside cultivation in North Dakota.

Scientists remain stymied as honeybees in the United States and across the world
continue to die in large numbers.

AT&T has come out in support of Google's contention that wireless communications are
different than wireline Internet services.

A class-action lawsuit filed in a federal court last week alleges that Disney and other
large corporations spied on visitors to their Web sites using "Flash cookies" installed on
users’ browsers. It is alleged that these Flash cookies can even un-delete, or "re-spawn",
regular cookies that were erased by the user.
 In an apparent bid to extend its control over the Internet and cash in on the rapid growth
of mobile devices, China plans to create a government-controlled search engine.

In the U.K., a 21 year old man with "learning disabilities" has been granted taxpayer
money to fly to Amsterdam and have sex with a prostitute.

The Food and Drug Administration approved a controversial new form of "emergency
contraception" on Friday that can end a pregnancy as many as five days after sex.

A new study seems to indicate that green tea is very good for cancer patients.

Barack Obama delivered a strong defense on Friday night of a proposed Muslim

community center and mosque near ground zero in Manhattan.

Illegal aliens are flocking to three states - Washington, New Mexico and Utah - which
allow illegal immigrants to get licenses because their laws do not require proof of
citizenship or legal residency.

The Democratic Socialists of America boasted in a recent newsletter to insiders that 70 of

its members currently serve in Congress.

Christians worldwide are being called upon to pray for aid workers in Afghanistan
following the murder of ten members of a medical team last week.

Are Christian churches losing their identity by trying to be cool?

Americans continue to express near-record-low confidence in newspapers and television

news - with no more than 25% of Americans saying they have a "great deal" or "quite a
lot" of confidence in either.

Lastly, a recent U.S. study (published in January 2010) found that eight to 18 year-olds
log an average daily exposure of just under 11 hours of electronic media.

ng
s:
ests show Hitler had
ish, African ancestors
ours ago

ess has reported that samples taken from

tives link him to both the Jewish
 and people from North Africa.

r took 'primitive Viagra' to boost sex drive:

k
r's secret friend: Sayajirao Gaekwad
Adolf Hitler in pink posters cause storm in

declines doctorate in view of

enship controversy
rs ago

confer an honorary doctorate on world

mpion Viswanathan Anand was embroiled
controversy over his citizenship, forcing
ine the honour at least for now. |

nd's Indian citizenship questioned |

: Vishy is more Indian than those who
t it

allya keen on buying Brindavan

perty in Bangalore

to-airlines entrepreneur has evinced keen

buying one of the last available land
MG Road, which incidentally houses the
c Brindavan Hotel.

Hamid ansari- vice president

Pratibha devisingh patil(lawyer) president
(12th president)
manmohan singh(14th prime minister)
finance minister-
Pranab Mukherjee Feb 2009 - present University of Calcutta
pPalaniappan.chidambaram:home minister