Black Gold, Black motives, Black Curse!

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The genesis of 9/11 can be clearly traced back to the ‘oil-soaked’ foreign policy of the US. In a Faustian pact, it ignored the excesses of the brutal Saudi regime. It ignored the virulent spread of fanatic Islam to countries Pakistan and Indonesia, primarily financed by the petro-dollars of Saudi Arabia. It ignored the shenanigans of Pakistan. US even launched negotiations with the barbaric Taliban regime of Afghanistan for a oil pipeline that would flow from oil and gas fields in central Asia to Pakistan. The chickens had to come home to roost.

The traumatic events of 9/11 too were not sufficient to change the foreign policy track of the US-oil and gas supplies at any cost. Virtually no effort was made to rein in Pakistan, a nation that everybody now acknowledges as the fountain head of Islamic Terror. Instead, the Bush administration cooked up allegations of nuclear proliferation by Iraq and invaded the country in 2003. Iraq is now destroyed and the events after the arbitray invasion explain why oil touched an all-time high of $115 per barrel on April 17, 2008!

More alarming are noises coming out of Washington that invading intransigent Iran was a good idea. Global markets often work by assuming worst case scenarios and as far as oil is concerned, nothing could be worse than Iran being invaded. No wonder, despite no precipitate fall in the supply of oil, prices have touched such high levels. Global markets also know that a Russia controlled by Putin will not offer any cheap gas to US, nor will Venezuela under Chavez.

There is worse in store. China has emerged as a serious rival when it comes to tying up access to oil reserves. China is pally with three nations on the black list of US – Sudan, Iran and Myanmar. All three have oil and gas. China is very friendly with dictatorial regimes in Central Asia and Nigeria because they have oil and gas. And when US preaches to China about not being friendly with cruel and dictatorial regimes, all the later has to do is point out the strategic alliance between US and Saudi Arabia.

In the first few decades of the 20th century, US consistently elbowed out UK as the nation with the best access to oil and gas reserves. Will China do a repeat in the first few decades of the 21st Century? The Chinese are familiar with their history lessons. Do they remember that when Japan wanted equal access to natural resources for its rapid industrialization, it was annihilated in World War II?

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Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
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PIYUSH CHAWLA - Success spinner

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PIYUSH CHAWLA
Success spinner

“Line is optional, length is mandatory,” was the advice of the great Indian former test captain Erapalli Prasanna to the upcoming youngsters. And someone who has constantly followed-up with Piyush Chawla’s spells since his U-19 days would be able to tell the reason of this little star’s grand success. At 17 years of age at the 2006 Under-19 World Cup he finished as the highest wicket taker, and hasn’t looked back since.

Born in Aligarh, Piyush thanks the cricket-crazy nation to have instilled in him the thought and interest in cricket. “I have always been around people who spoke about cricket and worshipped the players,” he said. His big leap from domestic to international cricket at an early age was like walking up a dream castle. “The dream of playing for India was etched in my mind since childhood. My parents and my coach played a huge role in encouraging me to think of taking cricket as a profession,” gushed Piyush who felt that he belonged to international cricket after his Test debut against England at Mohali. Piyush had shown promise during the Challenger Series where a beautiful delivery had lead to the dismissal of Sachin Tendulkar. That being the foundation stone to the tower of success that he aims to build, India’s tour to Bangladesh in 2007 came as an opportunity that catapulted his cricket career. Having been a part of the young Indian cricket team where there are few to look up to and more to compete with, Piyush follows a simple motto. “It’s a team, a country that you’re playing for. So one can’t think of competing with the other. The opposition alone is the competitor. I always compete with myself. When I go out there to play, I tell myself to perform better than what I did the last time.”

Though he couldn’t quite make his mark during India’s record-creating ICC World T-20 victory Piyush left no stone unturned to prove himself in the CB Series against Australia. India’s youngest debutant after Tendulkar, Piyush, along with Ishant Sharma promises to give the Indian attack that vital edge.

Touted as a India’s great new spin hope and bowling all-rounder of the future, Piyush closes the conversation by disclosing his dream – “I want to be recalled as one of the most successful spinners of India, if not the world.”

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Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM - Admission Procedure
IIPM, GURGAON
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IIPM Ranked No. 1 B-School In Global Exposre - Zee...
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TASLIMA NASREEN - A lesson to learn from

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TASLIMA NASREEN
A lesson to learn from

The pen is mightier that the sword is a cliché known far and wide. But what if your own pen becomes the sword that falls on your neck? Ask Taslima Nasreen, the much criticised and most discussed gyno-turned-writer; a Bangladeshi woman whose first book Lajja shot her to fame, in a manner none would desire. And, you get your answer.

Chased by Islamic groups, who charged her of making vile statements, she flew to Europe. After staying on exile in Europe for almost a decade, Taslima decided to live in India’s old capital – Kolkata, which as she felt was “the closest to home.” But December 2007 saw her being deported to New Delhi where she was supposedly given a “safe house”, or a “house-arrest”, as she reportedly claims. And when India decided to boot her in March 2008, she finally flew off to Scandanavia.

True, she was a Bangladeshi and that her government had more responsibility to deliver her justice. But she remains a lesson in India’s history of when hospitality was confused for house-arrest! She lost. Non-secular, non-democratic India won! But if India has to be the next force this century, it has to remember the Taslima tale and ensure that no Taslima loses next time!

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM - Admission Procedure
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IIPM Ranked No. 1 B-School In Global Exposre - Zee...
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Why Study Abroad When IIPM Gives You 3 global Advantages!
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What more infrastructure does India need to become a developed country?

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What more infrastructure does India need to become a developed country? Analyses AKRAM HOQUE & SRAY AGARWAL of IIPM Think Tank

Financial market

Now switching to India’s booming financial market which has yet not reached its peak and matured enough, it has shown lot of promises and will leave significant contributions in its development and glory. Recent available data, about 4% Indians have access and invest in the Indian stock market. Though, the number of people investing in stock market might look greater than the entire US population, as tiny fraction invest in it; the stock market has not become a holistic indicator of India’s growth story. Thus, people’s participation needs to be encouraged to 75% which then will lead to a significant change. It is then the most import aspect, availing banking facilities to every nook and corner of India. Merely, 31% of the Indian population avail banking facilities today, while crores of rupees are in the public hands coming to the rural economy as remittances, profits. There is a need to consolidate big banks and focus more on branch extension. Furthermore, each branch should provide services at par with any stand-alone banks or private banks. In order to increase and encourage entrepreneurship, 75 dedicated specialised venture capital companies should be started across the country in order to encourage budding entrepreneurs. However, bank branches have drastically increased from 10,120 in 1969 to 98,910 in 2003 and the population served by branch decreased from 63,800 to 15,000 during the same period. If India can encourage opening another 75,000 bank branches providing services in rural areas in another five years, it will be like a golden egg from a golden goose.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM : EXECUTIVE EDUCATION
IIPM, GURGAON
IIPM’s 36th Glorious Year of Academic Excellence
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!
IIPM Ranked No. 1 B-School In Global Exposre - Zee...