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Brazil is the nation that is most associated with football [soccer] to the point that it is part of the national fabric. Ever since the beginning of the World Cup, Brazil has participated and won some of the World Cups. Brazil was also the host of one of the World Cups. Brazil is associated with players such as Pele, Ronaldinho, Ronaldo, and Roberto Carlos as well as clubs such as Vasco Da Gama.
Having a career as a soccer manager must rate as one of the most precarious occupations around and each year there tends to be a relatively steady turnover of managers at big and small clubs alike.
Football (soccer) is the world's most popular team sport and is played across the globe both at international and domestic level. Since its creation, in 1848, there have been some fantastic teams which makes it particularly hard to single out just a few.
The essential difference between American Football and Rugby lies simply in the possession rule. In rugby no player can be impeded if not in possession of the ball. American football is strategically designed to interfere with non ball carrying players.
From a young age, we are taught that exercise is good for us. It elevates the heart rate, prompts weight loss and prevents muscle atrophy.
In the 2010 World Cup, two games involving England and Mexico reopened the debate about introducing goal-line technology to assist match officials. Namely, when England's goal clearly crossed the line and Argentina's goal against Mexico was off-side, further questions have now been raised.
Lionel Messi is one the foremost football [soccer] players from Argentina and has been known to have been considered as a new generation of his country's players after Maradona. He was born in Rosario, Argentina on the 24th of June 1987 and started early in football [soccer].
Failure to prepare could cost London its reputation as a global financial hub
BusinessHSBC is closing its consumer banking unit in Japan after 4 yrs as part of a Global Restructuring Plan. Indian Call Centers were used in debt collection fraud committed in California, making around $5 Mn from the fraud. World Bank cuts down its forecasts for global growth and warns that Euro problems will threaten emerging economies like Mexico and India.
PoliticsSeven people have been killed in clashes between security forces and protestors over burning the Quran at a NATO base. Mandarin is increasingly becoming a growing language in south-east Asia. Nagoya Mayor denies Nanking Massacre leading to row between Chinese Nanjing and Japanese Nagoya regions. Nepalese serving minister for communications has been jailed to 18 months in prison on charges of corruption. Hardliners rally against U.S. intervention in Pakistan. Foreign reporters warned in China after European journalists were attacked while they were covering land rights protests. Despite warnings from North Korea, South Korea holds military drills near disputed borders. Italy moves Kerala state HC against detention of Italy Marines accused of shooting down Indian Fishermen. Asian Age Editor has been charged with journalist Jyotirmoy Dey’s murder. Aung San Suu Kyi will participate for the first time in an election. This comes after 20 yrs of house arrest. She has registered for election for a parliament seat in Burma. Kim Jong-nam, brother of North Korea’s leader Kim Jong-un and currently in exile in China predicts that the current regime may not last longer since the military has become very powerful beyond control. Pakistan Supreme Court has held the Prime Minister in contempt for not acting on graft charges against the President. Several million Chinese closely followed elections in Taiwan which reelected President Ma, signaling that Chinese citizens seek democratic benefits. A UN Report states that Opium production in Afghanistan has increased after current government took over. Ruling Congress government does not give permission for Salman Rushdie’s trip to India, not to hurt Muslim votes in the 5 states going to election. Indian Government has given its sanction for courts to launch criminal proceedings on sites like facebook, google, etc., Indian government is allowing 49% FDI into India’s Aviation Sector. Royal United Services Institute says that China has improved its military capabilities to take on the U.S. might in the Pacific. USA agrees to release high ranking Taliban leaders held at Guantanamo bay in reaction to Taliban’s peace overtures. Aung San Suu Kyi hopes to see democracy arrive in Burma during her lifetime. Maldives closes down all spas and health centers after a Islamist group accused them of being prostitution centers. China starts 24 hrs US channel to spread awareness of Chinese Culture abroad. President HU accused western forces of trying to divide India through western culture infusion. China could have one third of its population above 60 by 2050. Sr. healthcare is still a growing field for China. Developed countries are erecting trade barriers to protect their frail economies from dumping and to promote domestic manufacturing.
TechnologyChina aims to have top bio scientists by 2020. Only 25% of Chinese studying abroad return home. China detected 320,000 instances of harmful alien species that would attack crops. India is working on a $15Bn Nano City with the first occupant to come in by March.
PoliticsA briefcase containing details of a UK-French Drone Project went missing in Paris. The European Committee for the Prevention of Torture and Inhuman or Degrading Treatment or Punishment (CPT) has urged Germany to end castrating sexual offenders. UK turns to be more religious than most thought and reflecting in all aspects of living in UK. The European Commission has started legal cases against Hungary for stifling independence of key organizations through new laws. President Orban’s spokesperson called the charges as lies and slander. Non Arctic Countries like India, China, Brazil, Japan, etc., are seeking place as “Observers” on the Arctic Council. Top Gear defends its program on India in response to Indian High commission calling its show “offensive” and reflects lack of cultural sensitivity. The European debt still a crisis. No clear end game. Many political and economic factors maintain uncertainty. Belarus makes it mandatory for shopping sites to use .by domain, restricts internet access. UK decides to do away with “sister cities” concepts in a bid to restrict unnecessary travel.
BusinessFitch cuts Greece rating after it accepted the conditions set for the $130 Bn bailout. Microsoft files suit with EU saying that Motorola Mobility is blocking sales of its software, Windows PC’s and their XBOX Console.
BusinessA Bank of America Survey revealed that since people are living longer, the social security age rise. More than 40% of people above age 55 is either searching for employment or are working. A Whistleblower from Citigroup said that Citigroup not only cheated FHFA, but also defrauded Fannie Mae and Freddie Mac by selling them insurance for defective mortgages. Foreclosures in America have risen 8% nationally when compared to December but still are down when compared to last year. Latest unemployment numbers now at 8.2% after over 240,000 new jobs were created in January. Wall Street DJI soars. IPO’s might be good for the founders, investors and early employees, but maintaining motivation and expectation after the IPO remains harder and companies are punished for missing expectations. Amazon profit falls and it warns of similar trends in near future, despite a rise in revenue in Q4 upto 35% over previous year. Local government debt has attracted many investors after Fed announced that overnight rates are to remain near zero till 2014. Federal Budget deficit is expected to cross $1 Trillion in 2012 repeating the trend of previous 3 years. Ipad has the largest acceptance in Corporate Businesses compared to any other technology tool since Microsoft and Intel domination of the Office Technology Industry. Chinese state run energy trader faces sanctions from USA over its dealings with Iran. Obama seeks to consolidate several wings related to Trade under one umbrella and overhaul the Commerce department, projecting $3 Bn in savings. Auto Plants in USA are running in full capacity, even doing three shifts. Auto companies have positive outlook for 2012 and 2013. Irish startup uses salt and water to cleanup factory instead of chemicals using Russian technique of electrochemical activation. The biggest retailer of consumer electronics, Best Buy is looking for leveraged buyout. Online retailers and discount stores offer cheaper rates than Best Buy. Demand for new cars led to 7 months of straight rises till dec.2011 thus increasing profits overall in 2011 for Car Manufacturers. Sites like Napkins labs convert facebook followers into focus groups which reduces product development time.
PoliticsThe Obama Administration proposes to reduce corporate tax rate to 28% from current 35%. Rick Santorum attacks Obama’s environmental policy because he limited energy production. Jobless claims fall to 348000 according to Department of Labor Data. Unemployment numbers inching downward help the Obama campaign on the economic front The Auto Industry bailout might help Obama win the re-election considering that GOP politicians had opposed the move then. Mitt Romney wins the GOP Florida and Nevada primaries increasing hopes of his becoming the presidential nominee from GOP. The Fed Regional Vice Presidents in response to FOIA act revealed their assets. Some of them own huge farmland while others own shares of companies. Case/Shiller Indexes show that the housing market might recover Increasing population of pythons in the Everglades is reducing native mammal population. Police arrested 400 people in Oakland. Organizers are struggling to get bail funds to get them released. Obama delivers a strong State Of The Union Address. Uses US military effectiveness as model for Congress to follow. A smoke bomb was hurled over the fence of White House after hundreds of “Occupy Wall Street” protestors left. The U.S. Supreme court supported earlier rulings on government organizations and schools starting sessions with prayers. Wikipedia, Google and several other sites are protesting against the proposed US Govt Acts, the Stop Online Piracy Act (SOPA) and the Protect Intellectual Property Act (PIPA). Latest Washington Post/ABC News public opinion poll says that 84% of American citizens do not agree with the way Congress is performing its job. Fed Officials are continuously monitoring the economy and are very much open to further stimulus if needed. U.S. government will be reducing its troop strength to cope up with the $250 Bn budget cuts over the next 10 years. Obama bypasses congress makes Richard Cordray head of CFPB making recess appointment. Newt Gingrich continues campaign competing with Mitt Romney and Ron Paul for the Republican nomination for president. Mitt Romney’s Mormon Faith becomes a point of discussion in Republican politics. Washington Governor supports gay marriages, leading the way for Washington to become the 7th state in USA to legalize gay marriages. Compared to Western Europe, economic upward mobility is tougher in United States.
EducationThe U.S. Supreme Court will be hearing a case which will bring to focus the usage of Race in University Admissions. Many American Muslim Families are turning to home schooling. Obama administration has doubled the number of fruits and vegetables in school lunches and initiated changes long due. Many colleges have fudged or twisted their internal processes to gain/retain ranking in the U.S. News & World Report rankings. Dulles based Echo360 equips 500 college clients in 29 countries with lecture capturing technology. Close to $65 Mn was spent by schools in North America in 2011. A study by Swedish scientist showed that most American children born into the bottom fifth of income remained in same state even after becoming adults, primarily because of weak parental educational background. Idaho teachers resist online push in education saying that no studies have proven the benefits of online studies. USA today survey reveals that women are dropping out of workforce to pursue more education in colleges.
EntertainmentRecently released Zuckerberg IM’s by Business Insider reveal that he wanted to sell Facebook idea to fund his file sharing idea. Music Industry rebounds in USA with album sales increasing to 330 mn Units.
SportsFedEx has extended its sponsorship of the FedEx Golf Cup and has kept a $10 Mn prize for the champion. An Avalanche caused deaths of 3 expert skiers in a skiing resort in Cascade Mountains in Washington State. NY Giants win Super Bowl XLVI in Indianapolis. Eli Manning was spectacular. Obama honors “St. Louis Cardinals” team and calls them the “the greatest comeback team in the history of baseball.” Ice Hockey Enforcers who do most of the Brawling in the game are the subject of a new Film titled Goon. SEC dominate college football, which won several consecutive titles and nearly 84% of its season non conference games.
HealthJournal of the American Medical Association states that women have higher death risk from chest pain than men. CDC study finds that Raw Milk causes more food borne illnesses compared to pasteurized milk. Scientists are demonstrating that Sleep can be done in periods and doesn’t need to be a continued 8 hr block as is traditionally believed. University of California researchers show that words can be reconstructed from brain wave patterns which are deduced from electrical signals emanating from the brain. New Studies by Cochrane Collaboration question the efficacy of Tamiflu’s medication. Researchers say that Roche had not provided them complete data despite requests. Researchers at the University of Massachusetts at Amherst found that Sleeping after a traumatic incident actually locks in the event and memories. Obesity rates in USA have hit a plateau after doubling over the previous decades. FDA has restricted usage of cephalosporins in livestock citing bacterial infections which are not treatable.
PoliticsThe Drug war in Mexico is increasingly becoming violent and is resembling Colombia yrs back OECD says that Chile is the most prepared of all countries to weather global crisis in 2012, but still needs to do a lot more to eradicate social inequalities. Floods ravage south brazil forcing evacuations of thousands from their homes. Mexican drug lord Arellano Felix pleads guilty in USA, faces up to 25 yrs in prison.
PoliticsYemen’s government tries to delay transition of power from President Saleh citing that February elections might be hard to conduct since law and order has been deteriorating in the country. Failure of Aid Agencies to respond in time caused nearly 50000-100000 deaths in East Africa Famine in 2011. South Africa exports record amounts of corn resulting in depletion of domestic supplies. America monitoring China’s growing influence in Africa starts promoting democracy in Togo. NASA Scientists and others confirm that rocks from MARS fell over Morocco in July 2011. Explosions rock northeastern Nigerian areas after a ultimatum issued by Islamist group to Christians to leave the area expired. Libya’s transitional government is concerned that if militias are not brought into control, the country may witness a civil war. Lebanese MP seeks answers from parliament against hostile CIA activities in Lebanon. Despite having abundant natural resources, Congo people remain hungry for two days a week. Congo govt. has totally neglected agriculture instead focusing on extraction of minerals, leading to imports of expensive “food donated by foreign donors”. Egyptians vote in the third and final round of polls, in aN election where the powerful Muslim Brotherhood is expected to prevail.
PoliticsTop Iranian Nuclear Scientist killed in bomb attack. Iran accuses USA and Israel agents. Qatar favors sending Arab troops to Syria to stop Syria’s crackdown on protestors. US asks President Saleh to step down after transitioning power and conveys that they have not rejected President Saleh’s U.S. Visa Bomb blasts kill 66 people in Shia areas in Iraq.
BusinessIran’s government has issued orders to ban sales of Barbie Dolls in stores, citing threat from western culture to its Islamic Values. USA pays for patrolling the Hormuz Straits and this allows other importing countries like China to not pay for it and import Oil at cheaper prices. Saudi Arabia will invest $200 Bn to explore oil and build refineries in China and Indonesia over the next 10 years. Bilateral trade with China crosses $58 Bn from Jan-Nov.2011. Attack by Israel on Iran’s “nuclear” targets might trigger the Third World War. Iran- USA tensions rise to high decibels and drive US crude higher after Iraq threatened usage of military force against patrolling war ships in the Gulf. European Union, currently accounting for 17% of Iran’s exports, plans to ban purchase of Iran oil in support of U.S. Sanctions. War against Iran by USA and Israel will result in Hezbollah-Israel conflict which both parties do not seek. Hence USA and Israel seem to be involved in covert activities reflected in explosions near Iran’s nuclear sites. Saudi Arabia introduces law mandating employment of women only in lingerie shops.
PoliticsNATO attack kills 24 pakistani soldiers; Nation boils and anger and retaliates by closing border crossings. State run Chinese Newspaper accuses USA and NATO of having violated International law by the killings of Pakistani soldiers. India opposition is up in arms over UPA govt’s decision to open up retail. USA has been carefully taking steps to contain China’s claims over the South China Sea by having many countries oppose its claims at the East Asia Summit. Taliban men are being provided Amnesty and $150 USD/month and even allowed to keep their weapons to themselves. Prime Minister John Key wins a second term in office.
General130% growth in profits of Cement Industry led to a 57.5% growth in China’s building industry in the 9 months ended Sept.2011 over the same period in 2010. 9.7% of Chinese suffer from diabetes, out of which only 35% have normal blood sugar levels. Traditional Chinese Medicine provided new herbal remedy for aplastic anemia. NATO says that the transition schedule to pull out of Afghanistan by 2014 is firmly “on track”; Afghanistan to take over control of half the nation over the coming months. Per IMF Classification, China still is a developing economy only. Thai floods cover half the country, increasing the country’ climate risk. Floods are a regularly occurring phenomenon in Thailand every year.
TechnologyChina has the fastest train in the world, running at a speed of 380 Km/hr.
PoliticsVarious political factions in Belgium have agreed on deal to reduce the budget deficit of the country. Xiao Baiyou, a businessman from Hongkong has become the “Wolf Dad” after he shared that he used chicken feather dusters to punish his 3 children to get into Peking University. Putin received unanimous nomination for the country’s president post by United Russia.
GeneralIceland rejected the proposal of Chinese Billionaire Huang Nubo to purchase 300 sq.kms land in Iceland BRICS countries oppose foreign interference in Middle East internal affairs and stressed that BRICS countries need to play a bigger role in Middle East transition. Turkey has increased internet censorship and has so far blocked 20000 sites.
BusinessSince 1932, Stock Markets never had as worse a thanksgiving week as this year. Black Friday had consumers spending $11.4 Bn despite the macro economy pointing to 9% unemployment. ETF Holdings of Gold reach 2350 metric tons with current value being $128 Bn.
General$350 Bn Municipal bonds maturing in the next 12 months will be sold in 2012.
EducationTraditional Blocks make a comeback in Child Education with more schools setting up block centers. Blocks to overcome the deficit of motor skills that come through more test passing focused preschools and children watching TV screens. Chicago Public Schools close down 50 underperforming schools and will close more to give way to the public private partnered charter schools. 41% of Mexicans in age group 16 to 19 drop out of school in New York City. They cite lack of legal status being an impediment since they cannot apply for scholarships. 40% of Students in America studying Engineering and Science Majors drop out saying that it is too hard.
EntertainmentTheater owners and newspapers were under pressure to resist “Citizen Kane” during its release.
SportsLSU and Alabama lead the Bowl Championship Series.
HealthCalifornia State cracks down on Medical Marijuana, primarily dispensaries authorized by the state. Harvard researchers find bisphenol-A, or BPA in Canned food, which has been linked to cancer, heart disease and diabetes.
PoliticsRon Paul draws more money from Federal Workers despite his plans to cut $1 Tr in spending if elected to office. USA imposes sanctions on Iran’s banks and warned financial institutions not to do business with Iran’s oil industry.
TechnologyNASA has launched unmanned Atlas 5 rocket to search for habitation in Mars.
GeneralVenezuela receives the first batch of gold bars after Venezuela ordered repatriation of 85% of its gold reserves held in London. 10000 people dressed up as “Living Dead” Zombies secured for Mexico City a entry in the Guinness Book of World Records in Mexico City, beating the 4093 Asbury park Zombie walk in US in 2010. Brazil prepares for the 2014 World Cup despite being behind schedule and internal strives
PoliticsArab league decide to punish Syria by launching economic sanctions. Iran has expelled the British Ambassador in protest against Western world’s proposed sanctions against its banks and oil industry. Unrest in Bahrain affected 97% of businesses. Nearly 85% of local businesses have reported losses. Blast at Iran facility devastating and kills founder of the nuclear missile program in Iran. Iran downplays the damage. 20% Israelis have concerns regarding food security, placing them below the poverty line.
PoliticsPolice and protestors have clashed in Cairo with protests against military continuing. King Supported Polls have Islamist parties dominating the poll results in Egypt.. A nationwide syndicate of Zimbabwe women that was kidnapping men and raping them goes on trial in the country.
Football (soccer) is the world's most popular team sport and is played across the globe both at international and domestic level. Since its creation, in 1848, there have been some fantastic teams which makes it particularly hard to single out just a few.
BusinessPutin says that China-Russia Ties are very strong than any time in the past and targeting bilateral trade of $200 billion in 2020. Chinese PM expresses concern on rising trade protectionism saying that it is hurting global recovery. China to invest $1Bn in a private equity fund backed by Kremlin Indian Online Art Auction House, SaffronArt grosses $14 Million in Indian Art Sales in last fortnight with Tyeb Mehta going under the hammer for a record $1.6 Mn. Japan's car industry fully recovers 6 months after Tsunami. Indian Infrastructure Billionaire GVK to buy 79% in Australian Coal Mines in a $1 Bn+ deal. Qantas Strike affects 6100 passengers and disrupts 27 flights schedule. China and India manufacture 80% of global drug ingredients and account for most of the global trade in pharma. China shuts down solar power plant after villagers accuse plant of cancer causing pollution. With targets of 1 billion member’s connectivity, India needs to spend billions of dollars in broadband connectivity. China's overseas investments rose to $68.8 Bn in 2010, with focus on business services, banking, mining and manufacturing.
PoliticsChina's Urban cities getting choked to upward migration from inland. City Infrastructure not able to support growing migrant population. Northern Phillippines gets ravaged by back to back typhoons killing 55 so far. US Strike kills media chief of Yemeni branch of al Qaeda. Chinese celebrate seven day long National Day Holiday. Foreign Embassies register on Chinese Micro Blog, Weibo and post regularly in Chinese language. China says that Social Networks can cause abuse by fraudsters and can cause negative impact on real life. India test fires indigenously built nuclear-capable surface-to-surface Agni-II ballistic missile. South Korea cracks down on after school private tutoring academies and imposes curfew on them. The Haqqani network currently being accused of killing Burhanuddin Rabbani denies the charge and their involvment in the murder. Thousands take to the roads to demand closures of all nuclear plants in Japan. A 6.9 scale earthquake shakes North East India, Nepal, and Tibet Yemeni govt crackdown on protestors, kill 25 amidst escalating protests. Jute usage increases again, encouraging farmers in Bangladesh to go back to their traditional crop. Afghan Army tries to counter Taliban propaganda that army people are fake muslims by building mosques, billboards with koran verses, etc., Pakistan claims to have arrested three top Al-Qaeda leaders in Quetta with CIA'S help. Qatar people are demanding democratic reforms and end to the Emir's dictatorship. Emir survives assassination attempt. Driven by public spending on infrastructure, South Korean economy grows more than estimated. South korea mulling over whether to increase interest rates or not. China State Council notes in a recently released white paper that china never seeks hegemony and stresses on Peace. Wikileaks states that the count of Muslims in India is around 160-180000, higher than official estimate and that most of the Muslims live in dire conditions.
HealthTaiwanese researchers find relationship between Schizophrenia and epilepsy South Korea will renew its efforts in stem cell research, five years after the cloning scandal.
EducationChina's students excel in OECD's PISA Tests. Shanghai stands first for reading, math and science.
BusinessGreece approves spending cuts to avail Euro Loan and passes Austerity measures widely opposed by general public. Govt needs to reduce govt employee burden by 30000 by either retiring them or reducing their pay. London's Posh Area Real Estates witnesses constant rising prices despite recession. Prices have risen 37.2% compared to March 2009. International Labor Organization warns that millions might face unemployment in 2012 and sharp shortage of jobs. S&P cuts Italy's rating to a citing weakening economy UBS admits loss of $2 Bn due to rogue trader activity inside the bank Drop in exports lead to decline in factory orders for Germany. Business Confidence falls to new lows in August. World Bank President Robert Zoellick cautions of emerging dangerous period and asks european leaders to take the right decisions. Swiss National Bank acts to restrain rising franc by enforcing minimum rate through purchase of foreign currencies.
PoliticsEuropean Union trying to bring in the former republics of Yugoslavia into its membership. Britain set to remove gender in passports following examples set by Sweden, EU and even United States, allowing for gender freedom. Poland's Balanced Foreign Policy helps President Tusk to become first ruling party in Poland to win consecutively. 7.2 earthquake hits Turkey - over 450+ dead. Dmitry Medvedev announces that he will not run for second term because he believes that Vladimir Putin is both more popular and more authoritative. Amanda Knox and ex-boyfriend prepare to flew back to USA after being cleared of Murder Charges of Briton Meredith Kercher in Perugia in 2007. Russia and China veto a European-backed U.N.Security Council resolution which intended to impose sanctions against Syria if it did not halt crackdown against its civilians using military. Spanish model gets sexual assault case against Saudi prince reopened; alleges that Spain’s justice system did not handle the case properly earlier. Romania signs agreement with USA allowing missile defense system to be deployed in Romania. Ireland facing huge debts also has trouble emanating from its conflict with the Church over church's property. Government's 40 bn Euro Austerity package invites strikes and protests from citizens. Berlusconi's popularity falls to new lows. Justice department blames broken penal system for london riots, citing evidence that 70% of those involved in riots had caution or crime conviction.
Health2000 Bulgarians March in an Anti-Roma rally accusing the community of organized crime and corruption. Turkish Doctors find new gene, which is responsible for night blindness WHO targets "Lifesyle" diseases, which are causing 36 million deaths annually? Chinese, Canadian and UK research groups determine the structure of the NDM-1 enzyme, which can break antibiotics. Damaged Blood vessels in brain linked to signs of old age.
BusinessLarge companies are working with smalls startups to leverage expertise that is not available within the company like Pepsi. Wall Street Executives not confident of the future, blame government interference, global uncertainty and lack of global stability; Feel that there may be no exit this time. America's top Brand Nike seeks to double revenue from China from present $2 bn by 2015. U.S. Court rules that Samsung has infringed Apple's patents but Apple needs to prove the validity of those patents. The Fed said that they will further ease the monetary policy if the weakness in economy persists for some more time. Businesses Charge extra income from travelers through additional services and fees. Economic Cycle Research Institute opined that U.S. is headed into deep recession. Institute for Supply Management’ non-manufacturing index falls to its lowest level since Jan 2010, indicating that the service industry is growing at the slowest pace in August. The Fed said that they will further ease the monetary policy if the weakness in economy persists for some more time. Businesses Charge extra income from travelers through additional services and fees. Economic Cycle Research Institute opined that U.S. is headed into deep recession. Moodys says that outlook for state and local governments remains negative New Oil Fields will place the Americas at the top of list of Oil producers in the near future. Bridgestone agrees to pay $28 million for bribing Latin American Officials Tyco plans to break itself up into 3 publicly traded companies Federal Regulators sued 17 financial institutions, blaming them for pushing mortgage securities to investors without checking their quality. Owning a place in Miami becomes status symbol for Russians, who along with Chinese, Indonesians, and Koreans are propping up the luxury housing market in New York, Southern California, and Miami. Campaigns to “Buy American" evolves into movement with Americans feeling that buying American goods even at higher prices is "Investing" in America. Teen unemployment average stands at 25.4% with black teen’s unemployment at 46.5%. Teens affected by their jobs being taken over by more automation and laid off workers.
EducationResearch from Univ.of California sheds light on our current understanding of Bullying. Research shows that bullying children cannot be expected to work it out. They need to be guided to change. Hispanic School Children in USA behind others in education nationwide. Issues raises concern with their projected population to be 29% of total population by 2050. Reports reveal that mixing low achieving students improve faster in mixed classrooms with high achieving students but high achieving students find performance declining by 6% post mixing such segments. Obama government asks schools and colleges to take complaints of "sexual assault" more seriously.
Entrepreneurship1 Million Self employed people no longer in business after lack of customers and fewer opportunities forced them out of business.
HealthDoctor’s advice to set media limits for children under 2 since it decreases the amount of time spent with a parent and learning from interaction with real people. Statistics show that a child spends 50 mts less time interacting with a parent for every hour in front of a screen. Prosecutors wrapping up Micheal Jackson Case, claim that attending doctor's negligence was the cause for death. Certain Gene variant causing blood clots and inflammation reduces chances of survival. Unhealthy lifestyles are causing strokes in children and young adults. 60000 people at risk from dust inhalation of the world trade center dust. 18000 people suffering from dust linked illnesses. Cities are relaxing regulations and rules to allow urban farms to flourish
PoliticsFederal Court stops immigration checks at schools in Alabama. Treasury reports $1.3 Tr Deficity for the fiscal year ended on Sept.30,2011. Hillary Clinton says that Asia is critical to America's future as is as an engaged America to Asia’s future. Next decade focus to strengthen alliances. USA faces protests against wall streets in major metros. 700 people arrested in connection with the protests. Senate blocks President Obama's $447 billion jobs bill; President blames republicans for blocking measures which were earlier supported by them. Senate passes bill that would pressure china to increase the value of Yuan despite lawmakers warning that it would result in a trade war. American Drone Attack kills American born Al Qaeda Cleric and Editor of Al Qaeda's magazine. Supreme Court returns to bench facing several civilian cases; Considerable number of criminal cases might shift attention towards overhaul of system. 10 Years of cooperation with the U.S. on post 911 war efforts in Afghanistan have increased resistance to the Americans within the country. Politicians of both parties look to renew/sustain tax breaks for their support groups/industries instead of raising them. Southern Politics is still driven by the division of race. Vote bank politics becoming a necessity. Social Networks led campaign "Occupy Wall Street" had hundreds of demonstrators on the roads in Wall Street. Canada fortifies military presence in the Arctic pursuing its "Northern" strategy. Obama plan proposes $1.5 trillion in tax increases over the next decade, primarily targeting the wealthy. Both parties agree on Job creation being top priority but differ on Approach. Democrats want to spend more on public works while republicans want removal of labor and envt.regulations to create jobs. Obama government keen to push tax cuts for middle classes in America to boost economy. Texas Fire loss estimates at $5.2 Bn. Suffering from Draught already, fires compound woes for Texas citizens. Obama Approval ratings drop to record low, as people get more pessimistic about the direction of the economy.
SportsU.S. clinches gold medal in the gymnastics world championships defeating russia and china. Tiger Woods drops out of Top 50 Global Golf Players after being in the ranking for 778 weeks, out of which 623 weeks were being Number 1. Univ of Alabama Research shows that sports fixation can spoil relationships and quality of life. Pepsi signs sponsorship agreement with NFL, to invest $2.3 Bn through 2022.
TechnologyGoogle axes "google buzz" in current drive to consolidate social media properties and focus on Google+ Demand for new iPhone high as potential buyers line up outside shops to purchase the phone. Apple losing market share in India to Noki and RIM who sell more devices in Inia, Coalition calls for tax breaks on $1 Trillion of offshore profits; Coalition includes Google, Cisco and Apple. BookSellers are spurning DC Comics due to its granting exclusive rights to Amazon for its Kindle Fire Tablet. Facebook faces class action suit for tracking visitors even after they logged out. Yahoo fires CEO after business struggles to improve. Smartphones and Cloud Computing diminish PC's role. Amazon expects to sell 4-5 million tablets taking on Android. Kids getting addicted to social networks and mobile applications increases threats of privacy invasion and getting exposed to inappropriate content and advertising. Online Gossip forums are causing relationship breaks and unsubstantiated character assassinations.
EntertainmentIslam based Comic Characters and Superheroes make debut in New York Film Festival. The Church of Jesus Christ of Latter-day Saints is launching a media campaign to increase awareness among general public about the Mormons.
PoliticsUN will withdraw 3000 troops from its peacekeeping force in Haiti. Russia cautious over Chavez's health. Planning Urgent measures in reaction to reports that Pres. Chavez might be on his final journey. Colombia thanks U.S. for passing the free trade agreement which has been long delayed. Storms and Floods hit Central America leaving 40 dead. Argentina re-elects her president Brazil starts countdown for 2014 World Cup. Brazilian scientists find 3700-mile underground river under the Amazon river, name it Hamza after the head of the research team. Haitian Citizens demand withdrawal of UN peacekeeping force. Chile mourns for 21 killed in Air Crash; search for bodies ongoing. Two people face 30 years in prison after spreading false twitter rumors of gunmen attacking schools. Ensuing panic caused many accidents. Mexican President vows to continue crackdown on drug cartels to the very last day of his term in office. US blacklists Belize and El Salvador as drug cartels use them as transit routes for drug smuggling.
PoliticsSouth Africa's refusal to allow visa to Dalai Lama criticized globally, forcing govt to say that it did not bow to pressure. Anarchy in Nigerian Village. 19 killed in possible reprisal attack. French Woman kidnapped from Kenya and taken to Somalia in a repeat incident of similar event last month. 600 Tunisians deported back to home from Italy after attempting to illegally migrate. Child Sacrifices increase in places near Uganda's capital Kampala, with motive of increasing wealth. Obama dispatches 100 troops to Uganda to quell rebellion. Militants linked to Al Qaeda kill 70 people in Somalia raising concerns that they still remain a force to reckon with. Egypt's military council announces date of parliamentary elections; elections to start on Nov.21 Madagascar's ex leader will return after political agreement will allow elections within a year Sudan bans pro and southern Sudan affiliated political parties Gaddafi Loyalists flee to Niger in convoy of Armoured vehicles. Egyptian Government searches for Mubarak Assets globally and tries to freeze and recover them. Robert Mugabe preaches peace ahead of elections. The West might invade Syria under the pretext of ensuring that chemical weapons in Syria should not fall in appropriate hands.
PoliticsA report from Geopolicity says that the Arab Spring Upheaval might have cost the region $50 Bn. Egypt, Syria and Libya paid the highest price for it. Israel plans New Jerusalem settlement of 2600 housing units, causing uproar from Palestinians who want an halt on all such programs till peace talks are resumed. UN says that around 3000 people might have been killed in the ongoing protests against Syrian president that are continuing for the past 7 months Iran's supreme leader, Ayatollah Ali Khamenei brushed aside U.S. Allegations calling them "meaningless" Treasury freezes Iranian Airline Mahan Air's U.S. Assets and will bar U.S. Firms from doing business with it. Mahan Air is alleged to have flown the people who are being charged with conspiring to kill the Saudi Ambassador. The Prisoner exchange with Palestine has raised the profile of Hamas and made it difficult for Israel to respond to victim's families in Israel. Hillary Clinton Tours Tripoli offering full support to the transitional government. Gadhafi dead in Lybia from gun shot wounds Air Strikes by Yemeni warplanes kill 30 soldiers. U.S. puts pressure on swing states to resist supporting the Palestine Bid. US Defense Secretary Leon Panetta warns Israel that it stands the risk of being isolated in the Middle East and that it should restore good relations with Egypt and Turkey. Tensions between Israel and Egypt, also between Israel and Turkey cause concern in the U.S. State of Qatar wants to buy stake in EADS from Daimler Iran's 1000-watt Russian built nuclear plant, Bushehr has been connected to the National Grid. 20 protestors die in government crackdown. International pressure to end violence grows. Turkey is suspending all defense ties with Israel and plans to take Israel to UN Court. Turkey already has expelled Israel's ambassador. Media reports around 400,000 people taking to the streets protesting against rising cost of living in Israel.
Roberto Carlos is a Brazilian international football (soccer) player, who is mainly remembered for his swashbuckling performances for Brazil and Real Madrid from the mid Nineties through to the mid Noughties.
I love this CNN story! ...Are we seeing opportunities often right under our nose? We have to think outside the box. The path to success starts from within: A passion and a vision.
BusinessExpatriates are returning to India, due to the technology boom and improving infrastructure in India. Recruitment sites record huge number of resumes wanting to return to India. Japan is outlaying $2.8 Bn for radiation monitoring and aid to Tepco. India's TATA Group Company with $98.7 Bn beats the $82 Bn Ambani Brothers group to become India's wealthiest group. Alibaba Chairman says that Yahoo and Softbank failed their duties as board directors; alleges that Yahoo and Softbank engaged in stalling tactics, exploiting the company structure imperfections. India’s Tata Consultancy Services improves headcount close to 200,000 employees, by hiring 70000 last fiscal and planning to hire 60000 more this year. China will be building one skyscraper every 5 days in 2011. China intends to have world’s second and third tallest towers by 2015. Increasing number of wealthier Chinese are emigrating overseas by investing in host country. Nearly 27% of people with more than 100 million yuan have emigrated. Increasing number of Chinese mothers are giving birth on U.S. Soil. Chinese pregnant women are making the journey to USA to give birth there to give their children U.S. Citizenship. China raises reserve requirement for the sixth time in 2011 to tame inflation, which is at a 34 month high of 5.5% in May. China expects to mop up excess liquidity in the system. India’s Central Bank raises interest rate for the 10th time in 15 months, to tame inflation, which stood at 9.06%. Bank of Japan keeps its key interest rate near zero while increasing lending up to JPY 500 billion. North Korea's deepening ties with China evident from placement of new economic zone near Chinese border.
PoliticsMumbai explosions kill 20 and wound 100+ China's limits on raw materials exports are not in line with global rules, according to a WTO finding, attesting complaints by USA and European Union. $22 Billion treasure found in Indian temple in Kerala, making it the richest temple in India. Yingluck Shinawatra to be the first woman prime minister of Thailand, with her Puea Thai party getting more than 250 seats. Australian PM Julia Gillard set to impose carbon tax, which opposition leaders call the "biggest single institutional change outside of wartime" for Australia. China's purchasing managers index drops in June, indicating slow growth in non-manufacturing units. News leaks about possible Japanese plan to break up Tepco and nationalize its nuclear operations. Asia hopes for impartiality from the new IMF Chief, hope for increased influence as promised by Christine Lagarde. IEA is releasing emergency oil stockpiles, in a strategy charted by Washington to intervene in commodity markets as an economic policy Tonnes of radioactive water leaked into the ground in Japan, might spill into pacific ocean if system does not operate properly China and Germany sign $15 Bn deals, target 200 bn Euros bilateral trade over the next five years. 15 more people killed by U.S drone attacks in North Waziristan. Puea Thai Party President in exile in Dubai plans to return to Thailand by December, though authorities warn that he will have to serve sentence if he returns. China to develop maritime patrol force in the next decade amidst tensions with its south China sea neighbors over islands holding vast reserves of natural resources. China plans unprecedented major talks with Berlin with more than 20 ministers from both sides in attendance during Chinese premier's visit to Berlin in late June. Heavy rains affect more than five million people in China. Chinese Inflation to rise in June, above May's 5.5 percent, driven by eastern China floods, which pushed up cost of food. Ban Ki Moon, South Korea's former foreign minister reelected as UN Chief. Pakistan’s military under tremendous pressure to snap ties with USA. America angry at Pakistan arresting CIA Informants in Pakistan. Mongolian president to visit USA to present his countries’ pro-American democratic credentials and seek more support including a free trade agreement. President reminds of Genghis Khan who ruled the world in the 13th century. Ethnic Violence claims 20 lives in Karachi unrest so far. Japan PM emerges from no confidence motion successfully, but promises to step down in 6 months after tackling the triple disaster that befell Japan. Interpol says that despite Bin Laden's death, Al Qaeda and affiliated groups remain biggest threat to global security China invests $284.54 million till May in current year on agriculture, uses money to repay investments on agricultural loans. Chinese retailers sell 45.23 million hope appliances till May in current year owing to government subsidy for stimulating rural consumption. Eurogroup says that greece should receive more aid money, to get 110 billion euros first as promised initially.
EducationYuan's trading band will be extended in the coming weeks as government seeks a flexible exchange rate to combat inflation Under Right to Education ACT 2009, Indian private schools have to set aside 25% of their seats for low income, disabled and underprivileged children.
Sports.An Australian woman swims a record 108 kms alone in 40 hrs 41 minutes despite sharks in the water racing at her.
BusinessCase against DSK dropped Franch & German leader discusses next financial move in Europe Murdoch drops bid for UK BSkyB network Deutsche Bank warns that the Greece crisis will eclipse Lehman if the contagion spread to other countries in the euro bloc European Leaders warned lawmakers in Greece that not accepting the austerity measures will lead to aid cut Exports spur UK economy growth up by 0.5% in first quarter despite weakened consumer spending. Domestically French Finance Minister Christine Lagard becomes the new IMF Chief, fighting competiton from Mexico's Agustin Carstens UK debates changing clock forward by one hour in winter and summer to save Leading Miners are moving to short term contracts instead of long term ones, keeping in view the changing market dynamics. SABMiller’s will continue pursuit of Fosters with probably a higher bid, after Foster rejected the current bid. Asahi and Grupo Modelo among rivals that might make offers. Fitch warns Greece that attempts to restructure the country's debt would be regarded as a default, might cut ratings if that happens. Russia may sign natural gas deal by December despite the current wrangling over pricing. Russia is expecting European netback but China wants discount since it is going to be a big consumer IEA pushes OPEC to increase supplies to meet projected demand. IEA says that Libyan output would not return to normal levels till 2014. Car Industry wins against thieves, owing to enhanced security measures. Cars made in the last three years are hard to steal unless the thief has access to the keys. Sipri Report states that military purchases retained its upward trend despite recession, owing to major developing nations upping their military spending. Seven of the top 10 military equipment companies are from U.S. Up to 750,000 public sector workers will support a coordinated strike against government’s attack on Pensions. New rules expect workers to work longer, contribute more, yet still eventual payments reduced. Prada IPO receives muted response from investors; to list on June 24, at same time as its Italian Rival. Denmark will remain net exporter of Oil for another 10 years despite trimming its production forecast. Ford, Fiat, Volkswagen and General Motors to invest $5 Bn dollars in Russia over coming 4 years to produce 2 million cars
PoliticsS&P warns of Greece default if it follows the debt rollover plan suggested by French banks. Germany faces internal protests and court trial over participation in aid to Greece Prosecutors to possibly drop the case against Strauss Khan, owing to doubt over credentials of the accused. Maid sues daily over prostitute allegations. Greece Parliament endorses second Austerity bill Moody's cuts Portugal credit rating on possibility of Portugal as well seeking second bailout like Greece. Eurogroup says that Greece sovereignty will be limited owing to the bailout conditions and that it might have to privatize its state assets. Ireland reverses stand on bondholders, saying now that senior bondholders need to share in losses of Anglo Irish and Irish Nationwide, despite ECB being against imposing losses on bondholders. Greece Prime Minister George Papandreou wins confidence vote, hopes to push austerity measures to seek more financial aid. A deadly plane crash kills 44 in Russia and leaves 8 injured. Last deadliest such crash in Russia was Polish President Leh's crash in April 2010. Greek’s austerity measures intended to gain more aid from European Union draws protests across country with 20000 union workers and citizens rallying against the Prime minister. Greek Crisis exposes growing rift between France and Germany on Greece’s bailout. Social democrats win over ruling socialist party in Portugal. Portugal needs to implement austerity program as condition for bailout. Russians to reach Sun earlier than Europeans and Americans with projected launch of device in 2015. A David Cameron backed report, "Letting Children Be Children" condemns the sexualisation of children through over exposure through various channels, suggests guidelines for broadcasters and parents to restrict viewing. TV and radio programs in France cannot mention their social networking platforms, except for news purposes. Strauss Khan pleads not guilty to sexual charges. Case costs him a chance at the French presidency as well as his job at IMF. Dutch Parliament passes law banning ritual killing of animals, stating that animals need to be stunned before killing them
HealthEating more nuts, yogurt and fruits helps reduce weight since that leaves less room for fatty foods Imperial College London and Harvard University have concluded that the diabetic population globally has doubled since 1980 to 347 mn. University of Warwick study says that women will have increased blood pressure if they do not sleep daily for 7 hours South Manchester University Doctors replace fungus infected lungs with new lungs for 20 year old becky Jones, a first in the world
BusinessHurricane Irene to damages estimated at $10B Cell service on east coast impacted by earthquake Stock market continues wide up-dow-up swings. Les Hinton resigns from CEO post at Dow Jones & Co. Slower bank processing causes home foreclosures to drop by 29%. U.S. unemplyment up to 9.2% World's first composite plastic jet, the Boeing 787 Dreamliner arrives in Japan for a week dress rehearsal. Boeing to push Dreamliner into service from next month. Bank of America to pay $8.5 Bn to settle mortgage claims. Twitter valuation rises to $7 Billion, with an projected revenue of $150 million this year. Nasdaq expected to buy London stock exchange. Nasdaq witnesses big rally in anticipation. Obama's popularity in Swing States dips owing to weak economy, especially weak unemployment. S&P warns US again that it would cut US credit rating to D if it fails to increase the debt limit. U.S. Office Occupancies increase, led by technology companies. Wendy's sells Arby's for $130 million to Roark Capital Group. Madoff Trustee, Irving Pickard is seeking a minimum of $19 Bn in damages from JP Morgan Chase saying that JP Morgan Chase was an active enabler of the Madoff Ponzi Scheme. 1plusV, the french search engine has sued google in a $418 million lawsuit which aleges that google uses its dominance against smaller rivals. Taiwan Regulators block KKR's buyout of Yageo, a electronics major for $1.6 Bn Microsoft has put office on the cloud, in competiton with google and to retain primarily lost because of cheaper deskoffice applications on the web. U.S. Commerce dept has revised GDP growth for first quarter to 1.9%, from an estimated 1.8%. Apple has sued Samsung over design and technologies used in their mobile devices, primarily Galaxy S copying iPhone design. Zygna to file for $1 Billion IPO this week, with Morgan Stanley as the underwriter. US Court has striken down govt.ban on video games sale/rental to minors citing free speech rights violation. RIM having lost much of its $83 Bn valuation might be an attractive bet for Microsoft and Dell Computers. Silicon Valley real estate market booms with increased mansion sales from technology workers flush from wealth derived from IPO and stock sales, defying a nation wide slump in housing. Million plus homes witnessing increased demand in the current trend of wealth manifestation in the Palo Alto Area. Macro economic concerns make stock markets to fall despite S&P index companies set to grow 18% on the average this year with increasing profits Surging Brazilian Currency and declining home prices in U.S. prompt Brazilians to buy homes in South Florida, especially Miami region. Brazilians bought 9% of homes and apartments in Miami through March 2010. Fitch warns that if Congress does not raise the debt ceiling by August 2, it would place U.S. on negative rating and if U.S. misses August 15 coupon payment, it would place it on restricted debt. Capital One is buying ING Direct, ING's online only bank for $9 Billion. Oracle seeks billions of dollars in damages from Google over a smartphone patent lawsuit. IMF warns Washington to take steps immediately to reduce budget deficit, cuts U.S. Economic growth forecast to 2.5% in 2011 and 2.7% in 2012. American Retailers venturing into Europe amidst growing demand for American goods. Assimilation of American culture among youth primary driver. American retailers find Europe easy since they do not need to alter store formats JP Morgan settles with car credit insurance customers, will pay $27 Mn, including a $2 Mn fine to OCC to compensate customers for using high-pressure tactics to sell credit insurance on car loans. Online Radio Company Pandora Media raises $234.9 Mn through its IPO amidst increased investor appetite for Internet offerings based on success of Linkedin and Yandex IPO's, but stock loses 16% since June 14th listing. Facebook vs Winklevoss court clash now reaches Supreme Court, keeping alive related litigation till the Court resolves the battle. China increases treasury purchases after months of decline, driving increased demand for U.S. assets in April. Debt Ceiling Debate between GOP and Democrats in deadlock still. Markets nervous on outcome with all 3 rating agencies concerned about the lack of resolution still as the Debt Clock of August 2nd nears. Account details of more than 360,000 CITI customers have been stolen in a hacking operation. Bank revises its earlier figure of 200,000 customers affected. Second Mortgage Borrowers woes worsen as 40% of the total borrowers remain underwater. India’s multibillion dollar deal award to Boeing to support jobs in Long beach boeing factory for a year. Legal notices get served via facebook; yet another use for the social networking platform to connect with those who are present online only. Federal Reserve’s support to three percentage point capital surcharge on big banks proposed by Basel Committee to affect them largely. Innovation is the key driver for America's future economic growth. Obama wants innovation to continue in America.
PoliticsPresident Obama to introduce his Jobs package in the aftermath of hurricane Irene White House & Congress evacuated after 5.9 earthquake in Virginia FBI opens an investigation on News Corp. in the US Political pressures mount as US approaches August 2 debt ceiling deadline Congress and the White House continue to negotiate/debate the debt ceiling situation and potential impact U.S. States cut spending on education and healthcare, profiting bondholders who bet on municipal debt. Obama's call for new construction loans and extended payroll tax breaks would add more billions of dollars to the budget deficit, the reduction of which is the current matter of contention between the two parties. Michigan Congressman Thaddeaus McCotter launches his presidential bid. NASA Shutting down of shuttle program hits local economy in Cocoa Beach, Titusville and most of Brevard County. Hate groups rise in U.S, more since Obama's election. Dominique Strauss-Kahn is released from house arrest. Accuser's credibility in question. Senate confirms Leon Panetta as the new secretary of defense post Robert Gates retirement at June end. The US has still not fully recovered from Recession. Obama struggling to grow the economy, but with no success. Republicans using the situation to gain success in the 2012 Presidential election. Obama administration in a report to the congress said that U.S. involvement in Libya did not require congressional approval since it was in a supporting role in Libya. U.S. has so far spent $715.9 million on military operations in Libya. Only senator Lieberman and Herman Cain have signaled participation in Glenn Beck’s proposed rally in Jerusalem in August. Republican Governors continue to resist push by Obama to not restrict Medicaid. Governors are registering protest against federal rules asking states to maintain current levels of Medicaid. New York Democrat Anthony Weiner confesses to sending sexually suggestive photos; Finally agrees to resign. Ban-ki-moon gets support from major economies in the world for his second term as UN Chief. Austan Goolsbee, Obama's top economic Adviser resigning his post and shifting to Academia. Romney bounces ahead of Obama in public opinion; Foremost among GOP contenders. U.S. has greater nuclear and ballistic missile capability than Russia, as revealed in latest released data under the START-3 Treaty. Layoffs in state and local governments increase drastically and worsens the economy of US.
Education178 Atlanta teachers and principals involved in the biggest cheating scandal in the U.S. U.S. Students are very weak at History per the proficiency recorded in the exam, the National Assessment of Educational Progress. Catholic University dumps “Coeds” for dorms and reverts to single sex dorms, planning for complete transition within few years. 90 percent of college housing is coed.
HealthMen more likely to get and die from cancer according to latest research Tylenol Extra Strength Caplets recalled, adding to earlier recall of children's Tylenol Contrary to popular perception, salt intake reduction does not lower mortality risks Harvard University Economist says that newly diagnosed cancer cases cost the global economy around $300 Billion in 2010 Sipping Black Tea daily can prevent cancer. Anti oxidants and flavanoids in Tea, protect from some types of cancers and heart diseases. Cancer Killed TF-2 compound present in China Ulong Tea alone Hours of television watching can cause diabetes and even risk death, according to a new U.S. Study. Americans watch five hrs of TV every day Women’s life expectancy ranking in U.S. slips to 35th place from 20th. Latest report from the Institute for Health Metrics and Evaluation says that U.S. women’s life expectancy is at 81.3 years. Walking has been a marvelous gift for human per a study published in Interface magazine.
SportsUS Women Soccer team advances to meet Japan Tiger woods to skip British Open, seeking time to recover from Knee and Ankle injuries. 93,000 fans cheer Mexico as it wins the CONCACAF Gold Cup in a 4-2 victory over U.S. NFL Owners and Union negotiators discuss giving 48% of revenue to players. Both sides not in agreement on profit sharing ratio of $9Bn revenue. Vancouver Ice-hockey fans went on a rampage on the streets torching cars, smashing shop windows after Canucks lose Stanley cup final to Boston Bruins. The Dallas Mavericks are the US Basketball champions by beating Miami Heat. Serina Willams returns to court to play Aegon International; geared up to play Wimbledon from June 20th
TechnologyLast Space Shuttle took off successfully Clicking on "like" in Social Media can in the long run result in intrusion of consumer privacy and misuse of consumer profile info against their consent. Google takes on facebook with its own social platform in yet another attempt after past failures. Newscorp hopes to select from Myspace bids and close the deal soon. Bidders are Specific Media, Golden Gate Capital and Austin Ventures. Time Travel may be eventually possible, according to a New University of Maryland study on mega-materials, simulating a big bang. Cloud computing creates a new wave in using personal computers; also changed the pace of competition in the market. Groupon’s imitative business model creates a large number of competitors; $540 million of accumulated losses since 2008 makes i potential investors in Groupon bit skeptical.
PoliticsVenezuelan opposition candidate, Henrique Radonski says that he will wait to fight Hugo Chavez in the elections instead of pushing him when he is recovering from cancer now. State run Indian companies in talk with Colombian government to buy coking coal mines. U.S. warns citizens not to travel to Nuevo Laredo, acting on intelligence reports of suspected potential threat to US Citizens visiting the border city from drugs cartel. Agustin Carstens in China to seek support for his bid for IMF Post. Latin American nations backing Carstens, though not openly. So far, Christine Lagarde has been enjoying support from many countries though Asia and BRIC countries want a Non-European head for IMF. Lawmakers furious at Operation Fast and Furious, which tracks guns sales to Mexican drug cartels, but never arrested any major traffickers. Obama visits Puerto-Rico to get support for his reelection bid. Backs Referendum on island’s status saying that he would support the decision taken by the public.
BusinessCoca Cola Femsa buys the Coke bottling operations of Group Tampico SA in a $555 million deal. Brazil's over-heating economy has resulted in house prices rising as much as 80% in some areas, increasing concerns of a bubble in the making.
PoliticsPalestine Authority in financial crisis has funds sufficient to pay only 50% of salaries, appeals to donors and Arab neighbors to bail them out. Iran assures India of continued supply to its refiners despite $2 billion pending bills. Double bombing of a government building in Iraq kills 35 people. Qatar's exports to get big boost as demand increases for LNG. Qatar is the world's largest exporter of liquefied natural gas. Taliban attacks hotel in Kabul in attempt to kill American and Pakistani diplomats Indonesia Maidtrade flourishes despite a maid being beheaded in Saudi Arabia. Indonesia has million women working as domestic helps in Saudi Arabia. Ayman al-Zawahri, the 2nd in command of Al-Qaeda takes over officially after Osama’s death. UN Report condemns Syrian three-month crackdown on protestors, saying that the crackdown breaches “fundamental rights”
PoliticsLybyan rebels enter Tripoli Libyan Rebels reject international opinion and say that Gaddafi can stay in Libya as long as he gives up power. Syrian protests last 14 weeks and continue despite military pushback. Monaco's Prince Albert marries former South African swimmer Charlene Wittstock in a lavish wedding. Somalian drought leaves children malnourished. Constant violence still rocks the nation, adding to its woes. The International Criminal Court has issued arrest warrant against Col.Gaddafi for crimes against humanity. China cautious in response. Libyan Rebels seize major arms bunker of the gadaffi government. Sudan to disarm pro-south rebels, in a agreement which was mediated by the African Union. Mickey Mouse in Islamic Attire tweet by Egyptian billionaire draw protests,in growing tensions between christians and muslims in Egypt.
For the first time in World Cup history, four South American teams appear in the quarterfinals of the tournament. This unprecedented dominance by the teams from the CONMEBOL confederation was evident from the group stages. Incidentally, all five South American teams in the competition progressed to the second round.
Recreational boating is an unforgettable experience and a great way to escape from the daily routine and stress. Sailing on a warm day and relaxing with family and friends is ideal for leaving your troubles behind and spending together some quality time.
Drowning Is the Leading Cause of Death to Children Ages 1- 4
Winning the Champions League, this season and most other recent ones, is largely only realistic to at most 16 teams, at least 8-4. I would not say, it is that open, and usually you can look no further than either a Spanish, English, or Italian club to win it.
The Champions League includes the best club teams of Europe. However, only a few of these can realistically expect to win the Champions League trophy.