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July 19, 2008

Karachi Stock Exchange : Police and paramilitary Forces called in

Bloomberg , BBC and other media reported on Thursday,July 17,2008 that Police and Paramilitary Forces ringed the Karachi Stock Exchange a day after hundreds of Investors stoned the building and shouted anti government slogans as markets fell for the fiftteenth day in a row. In the worst losing streak in 18 years US $ 30 billion of …

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Beijing Olympics : Secret Rehearsal of the Grand Opening Ceremony

This week CNN reported that a massive secret rehearsal of the Opening Ceremony of the Olympics in Beijing took place….The Ceremony is scheduled for the auspicious date of 8/8/8 17000 participants took part and have been sworn to secrecy with a threat that if any leak took place the guilty would face seven years in Jail …

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G 8 Summit in Hokkaido…not so Gr8 !

From ” The Economist “ of July 12,2008 ….the summit was a let-down…G 8 leaders rose to the challenges posed by the “three Fs”-food,fuel and the financial credit crunch-with platitudes The big disappointment was over climate change…despite…Last year,Germany’s chancellor,Angela Merkel overcame the reluctance of George Bush and got the G 8 to promise to “consider seriously” …

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What a way to run the World says “The Economist”

From The Economist of July 5,2008 G 7 democracies plus Russia-gather in Japan to review the world economy.But what is the point of their discussing oil price without Saudi Arabia,the world’s biggest producer? or waffling about the dollar without China,which holds so many American Treasury bills? or slapping sanctions on Robert Mugabe,with no African present…. …

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