Tuesday, December 22, 2009

Nokia India Launches 5530 and 5230.


CHENNAI: Mobile handset major Nokia India today launched touch screen enabled handset devices, triggering competition in this segment.

"By 2012, 40 per cent of mobile devices will have touch "sensitive" screen and the market size (of touch screen models) would reach 90 million devices, Nokia Regional General Manager (South) T S Sridhar, citing a report said.

He said the Nokia 5530 XpressMusic is from the same platform as Nokia 5800. Compared to the earlier version which had the option of customising only four contacts,the new model would have 20 customised contacts, he said. The phone with a stainless steel frame finish, is priced at Rs 14,029.

Targeting consumers who are keen to experience the touch interface, Nokia also launched Nokia 5230 priced at Rs 9,389.

The 5230 is "3G" enabled has a two mega-pixel camera and comes with onscreen "QWERTY" keypad. Both devices are expected to hit the market by last week of December.

Noted play back singer Shalini launched the phones. Nokia launched its first touch screen device Nokia 7710 in the fourth quarter of 2004. Currently the company offers 5800 Xpress Music, N97 and N97 "Mini" models.

Wednesday, December 9, 2009

Global Warming Is Not Slowing, New Analysis Says!!!

COPENHAGEN — Despite recent fluctuations in global temperature year to year, which fueled claims of global cooling, a sustained global warming trend shows no signs of ending, according to new analysis by the World Meteorological Organization made public on Tuesday.

The decade of the 2000s is very likely the warmest decade in the modern record, dating back 150 years, according to a provisional summary of climate conditions near the end of 2009, the organization said.

The period from 2000 through 2009 has been “warmer than the 1990s, which were warmer than the 1980s and so on,” said Michel Jarraud, the secretary general of the international weather agency, speaking at a news conference at the climate talks in Copenhagen.

The international assessment largely meshes with an interim analysis by the National Climatic Data Center and NASA in the United States, both of which independently estimate global and regional temperature and other weather trends.

Mr. Jarraud also said that 2009, with some uncertainty because several weeks remain, appears to be the fifth warmest year on record.

Addressing questions about the reliability of climate data after the unauthorized release of e-mail messages and files from a British climate research unit that provides data to the global weather group, he said there was no evidence that the various independent estimates showing a warming world were in doubt.


The news conference early Tuesday came after the European Commission reacted to a decision by the United States Environmental Protection Agency to pave the way for federal limits on emissions of carbon dioxide, saying it should give further weight to negotiations under way here aimed at crafting a new global agreement to curb greenhouse gases.

The so-called endangerment finding by the E.P.A. was “an important signal by the Obama administration that they are serious about tackling climate change and are demonstrating leadership,” a spokesman from the European Commission said. The finding “gives new momentum following their announcement of cuts,” he said.

Political leaders in Copenhagen welcomed the ruling, but they were quick to press the Obama administration to do more now to sweeten its offer.

Andreas Carlgren, the environment minister of Sweden, the country that currently holds the rotating presidency of the European Union, said in an e-mail message on Tuesday morning that the ruling “shows that the United States can do more than they have put on the table.”


Connie Hedegaard, the Danish politician who was elected on Monday as president of the conference, said in an e-mail message on Tuesday morning that the ruling in the United States “is a helpful step, as it could provide a larger degree of flexibility in the negotiations.” So far President Obama has signaled a cut emissions by about 17 percent by 2020 compared with 2005 levels. The White House also has indicated that the United States would contribute to a fund to tackle climate change.

The gathering of more than 190 nations in Copenhagen opened on Monday with appeals for urgent action from the United Nations and from officials of countries endangered by warmer temperatures, rising sea levels and other damage such as melting glaciers.

As the climate meeting got under way on Tuesday morning, inside the vast blocks that make up the conference center, environmental groups already were chanting in favor of preservation of forests and handing out symbolic cardboard cutouts labeled as carbon dioxide in the central area.

Representatives from governments said there would be further ceremonial events before the hard negotiating begins, later on Tuesday.

A major reason that hopes have risen in recent weeks is the expectation that Mr. Obama — who plans to attend closing days of the conference next week — will formally commit the United States to making cuts in greenhouse gases. The United States declined to ratify the Kyoto Protocol, a previous agreement on curbing greenhouse gases, because of strong opposition in the Senate and from the Bush administration.

The refusal to ratify the Kyoto protocol has left a lingering mistrust of the United States in other parts of the world. The finding by the E.P.A. is expected to allow President Obama to tell delegates in Copenhagen that the United States is moving aggressively to address the problem even while Congress remains stalled on broader legislation to curb global warming legislation.

Senator Barbara Boxer, Democrat of California and chairwoman of the Senate Environment and Public Works Committee, said that in light of the ruling, “the president’s appearance in Copenhagen will carry even more weight, because it shows that America is taking this issue very seriously and is moving forward.”

Over the next two weeks, the nations gathered in Copenhagen will try to reach what has so far been elusive common ground on the issue of climate change.

Delegates will try to hammer out some of the most vexing details attending the pursuit of a global climate deal. These include broad cuts in greenhouse gas emissions, particularly from big polluters like the United States and China, and a commitment from wealthy nations to deliver what could ultimately be hundreds of billions of dollars in financing to poor countries, which argue that they are ill equipped to deal with a problem they did little to create.

Several countries announced new emissions goals in the days leading to the meeting here, including China, Brazil, the United States and more recently India and South Africa. But many conference participants have noted that these commitments remain far too low to keep rising temperatures in check over coming decades.

The pledges so far are “not going to get us as far we need to go, to really stay within the two-degree limit,” Koko Warner, an observer with the United Nations University in Bonn, Germany, said Monday, referring to scientists’ recommendations that temperature increases be capped at two degrees Celsius (3.6 degrees Fahrenheit) above pre-industrial levels.

“We don’t want to admit it, because the consequences are so bad,” she said.

Saturday, November 21, 2009

India will be among top three economies by 2050




India will be the third largest economy in the world after China and United States by 2050, a US-based internationally recognised foreign-policy think tank has said.

An article "The G20 in 2050", carried in November bulletin of the Carnegie Endowment for International Peace said, "China, India, and the United States will emerge as the world’s three largest economies in 2050. Their total GDP, in real US dollar terms, will be over 70 per cent more than that of the other G20 countries combined."

Other main findings include, China will become the world’s largest economy in 2032, and grow to be 20 per cent larger than the United States by 2050. Over the next forty years, nearly 60 per cent of G20 economic growth will come from Brazil, China, India, Russia, and Mexico alone.

The article was written by Uri Dadush and Bennett Stancil. A Frenchman and former director of World Bank, Dadush is the director of the International Economics
Programme at the Foundation, and Stancil is a Fellow at the Programme. "In China and India alone, GDP is predicted to increase by nearly USD 60 trillion—the current world GDP—but the wide disparity in per capita GDP among these three will persist," they noted.

India's annual average GDP growth between 2009-2050 is predicted to 6.19 per cent, and these emerging markets will not rise among the world’s richest countries in per capita terms- their average income in 2050 will still be 40 per cent below that of the G7 nations presently.

Stressing that the world's economic powers are shifting dramatically, the economists noted that the "G20's recent transformation into the world’s principal economic forum highlights the beginning of a more integrated and complex economic era."

Over the next 40 years, the G20 GDP is expected to grow at an average annual rate of 3.6 per cent, rising from $38.3 trillion in 2009 to $161.5 trillion in 2050, in real US dollar terms.

Nearly 60 per cent of this $123 trillion dollar expansion will come from Brazil, Russia, India, China and Mexico (BRIC+M).

The experts also find that out of the G20 countries, "India is predicted to grow most rapidly, but its current modest size will prevent it from surpassing either China or the United States in real US dollar terms."

The authors observe that the growth could be even faster, but the low quality of education, infrastructure, governance, and business climate will hold back progress in developing countries. Technological convergence is expected to be lower in India and Indonesia than in China and Russia.

India’s Purchasing Power Parity (PPP) will be 97 per cent as large as that of the United States by 2050. India is expected to become the world’s most populous nation in 2031—and an average exchange rate appreciation of 0.9 per cent per year will push annual GDP growth to an average of 6.2 per cent, according to the study.

Italian Police arrest 2 Pak nationals for 26/11 links!!!


The Italian police have arrested two Pakistani men linked to the 26/11 attacks in Mumbai.

The father and son, who are accused of providing logistical support for last year's terror attacks were arrested in an early morning raid in the town of Brescia in Italy's north.

The men allegedly used a money transfer agency they managed to send funds for the attacks.

As per Italian police, just a day before the Mumbai attacks they transferred money to activate an Internet phone account that was used by the attackers and those who were in touch with them.

Italian police began their investigations in December after being alerted by the Federal Bureau of Investigation (FBI) that money had been sent from Italy. The funds were apparently transferred under the identity of another Pakistani man who had never been to Italy.

On November 25, 2008, $229 was transferred by Madina Trading Agency to Western Union Agent in Brescia, Italy. It was withdrawn by Javed Iqbal, a Brescia resident with passport number KC092481.

Before this, money was transferred from Pakistan for Voice Over Internet Protocol or VOIP connection.

The two are accused of aiding and abetting international terrorism as well as illegal financial activity.

Match-fixing scandal rocks European football!!!


Around 200 football matches in nine European countries, including at least three Champions League games this season, are implicated in a new match-fixing scandal, German prosecutors said on Friday.

The suspect matches took place in Germany, Belgium, Switzerland, Croatia, Slovenia, Turkey, Hungary, Bosnia-Hercegovina and Austria, netting criminals several million euros in betting profits, prosecutors believe.

They include 12 matches from the Europa League, formerly known as the UEFA Cup, one qualifying game for the under-21 European championship and four from the German second division.

Police carried out around 50 raids on Thursday in Germany, Britain, Switzerland and Austria, arresting 15 people in Germany and two in Switzerland. More than a million euros in cash and property were seized.

They are suspected of influencing matches and placing bets on them with bookmakers in Europe and Asia. Prosecutors have reason to believe that players, coaches, referees and officials were offered bribes.

Two of those arrested on Thursday included two Croatian brothers living in Berlin, Ante and Milan Sapina, who were at the centre of a match-fixing scandal that rocked Germany in 2004, newspapers said.

The affair saw referee Robert Hoyzer imprisoned after admitting receiving almost E70,000 ($113,000) and a plasma television to throw games mainly in the German second and third division.