Posts tagged ‘France’

Weekly Trends

Global:-

1.The USA and G20,make a  monkey of the layman.Geithner and Bernanke sing different tunes.US may not devalue the Dollar after all.

2.US and Western economies is in deep trouble.

3.China goes on a buying  spree, and even buys US Oil assets in Texas.

4.Near zero interest rates in the West and Japan is causing problems in emerging markets,by way of huge inflow,sometimes uncontrollable.

5.Strikes France and still Sarkozy goes ahead with the so-called,reform of increasing the retirement age.

6. 5 lakh jobs to be cut in UK.Unions threaten strikes similar to France.

7.Wikileaks comes out with more clips and messages.Julian Assange on the run and is being stalked.

8.US continues to arm Pakistan to the consternation of India,with another $2 Billion “aid”.

9.Bayer caught selling aids-infected drugs for decades.

10.In Haiti 195 die of Cholera.

Indian:-

1.Kashmir,Telengana and Manipur problems continue.

2.BJP trounces Congress party once again in Panchayat and remaining Municipal elections in Gujarat.

3.Elections in the State of Bihar are on.

4.India’s share on IMF increased and may be accommodated in the Board.

5.Maoists continue to, kill and the UPA looks on.

6.Action may taken against Geelani,Arundhati Roy and others in their anti-National gathering and speeches,in New Delhi.BJP criticices th UPA for allowing the meeting to take place at all.

7.Food prices continue to be high,but the UPA sells about 1 lakh tonnes of food grains to Bangla Desh.

8.There are no triggers and hence the markets may be flat even though the Nifty futures are at a premium.

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Trend

This week the International and National trends are,quite surprising.

Global:-

1.The US and European  economies are in a bad shape.

2.The Rift between the White House and the Pentagon,seems to be in the open after Mr Robert Gates,reportedly,said that the USA will NEVER leave Afghanistan.This has taken many by surprise.

3.The USA is considering a Bill to punish nations that undervalue their currencies,China?

4.Roma:EU warns France

5.Emergency declared in Ecuador,as Rafael Correa is rescued by the soldiers from a Police Hospital where the Ecuadorian President was kept hostage,as a protest,reportedly,encouraged by the USA,(against some of whose firms,Signor Correa seems to have taken strict action),against the austerity measures.

6.This year gold will be anywhere from $1,450 to $1,650/Oz,as per Bob Chapman of The International Forecaster.

Indian:-

1.The much awaited Ram Jamabhoomi verdict was announced and no violence was observed.The Sunni Muslim,WAQF Board,has said that it will approach the Supreme Court Of India.The Shia Community in UP wants the verdict to stand and is trying to persuade the Sunni WAQF Board to accept the verdict,and  has also made a magnanimous offer of  Rs 15 Lakhs for the construction of Ram temple in Ayodhya.

2.RIL crude production from its KGD6 basin reduced by 29%,due to LESS pressure.The price of this stock may fall on 4/10/2010.Since RIL is an index heavyweight,the Sensex and the Nifty may also be affected,adversely.

3.More than 3800 Engineers join the SBI,as clerks,when India’s economy is supposed to be flourishing.Speaks volumes about the unemployment situation, in India.

4.CIA Chief meets P Chidambaram who,like Kapil Sibal, had part of his education in the Harvard University,a reported,front of the CIA.

5.Sterlite Industries gets a reprieve as a stay  on the stoppage of its Copper plant in Tuticorin,has been ordered by the Higher Court,against a lower Court decision.

6.Government Of India unable to access Blackberry messenger encrypted codes,though RIM Canada, has allowed access reportedly.India and many other West Asian nations fear that this can be misused by the Terrorists.

7.CWG open today.