| Text of 14th SAARC summit declaration
ISLAMABAD, Apr 5 (APP): Following is the text of the declaration adopted by the leaders of South Asian Association for Regional Cooperation (SAARC) at its 14th summit held at New Delhi on April 3 and 4. The text begins: The President of the Islamic Republic of Afghanistan, His Excellency Mr. Hamid Karzai; the Chief Adviser of the Government of the Peoples Republic of Bangladesh, His Excellency Dr. Fakhruddin Ahmed; the Prime Minister of the Kingdom of Bhutan, His Excellency Lyonpo Khandu Wangchuk; the Prime Minister of the Republic of India, His Excellency Dr. Manmohan Singh; the President of the Republic of Maldives, His Excellency Mr. Maumoon Abdul Gayoom; the Prime Minister of Nepal, Rt Honble Mr. Girija Prasad Koirala; the Prime Minister of the Islamic Republic of Pakistan, His Excellency Mr.
Expert tips to avoid sectoral volatilities
The stock markets are falling like ninepins. On the other hand, risk-free interest rates are moving up. In such a market, what must retail investors do? Should small investors shift to safe instruments or be bold enough to face risks. Haresh Soneji spoke to SBI MF CIO N Sethuram to get his views. Excerpts: The equity markets have been very volatile. What's your take? The Indian stock and other markets are now reacting to international economic developments. World over, markets have been quite volatile over the past few months and this is also reflected in the Indian markets. In India, the government is trying hard to fight inflation. The latest rate hike is one such element. We expect volatility to continue in the near term. The fourth quarter results would be out in April and with the factoring in of the full year 2006/07 earnings and with a clearer picture of the trends for 2007/08 emerging, we feel that the volatility would reduce over the next three months.
Bio-Rad opens first ASIA-pacific plant in Singapore
SINGAPORE, 4 April 2007 - Bio-Rad Laboratories, Inc., a multinational manufacturer and distributor of life science research and clinical diagnostics products today held the grand opening of its first manufacturing plant in the Asia-Pacific region. The new Bio-Rad plant is located in Singapore. Occupying approximately 20,000 square feet of industrial space at Kaki Bukit View, the new facility will manufacture a variety of life science instruments used in medical and biological research labs worldwide. Bio-Rads life science products are based on technologies used to identify, separate, purify and analyse biological materials such as protein and DNA. Some of these technologies include electrophoresis, imaging, immunoassay, chromatography, microbiology, bioinformatics, transfection, amplification, real-time PCR, microarray analysis, and DNA hybridisation.
Follow up to Subprime article
You may have seen the recent Magazine article published relating to the Subprime housing market and wondered why is that important to an environmental website? There are myriad reasons, but the biggest of which is the understanding that any economic difficulties that our country experiences from this market meltdown over the next few years directly impacts our country's ability to make green changes to our lifestyle, and address all the issues in front of us. An economy in recession or depression has less capital to expend to make the necessary changes and preparations for the future. Combine these economic challenges with the upcoming oil challenges we are sure to experience and the result appears to be great difficulty for us in the future. Incorporating all the different aspects of the "green" initiative when you understand how the American economy works and what factors drive the economy forward will hopefully allow you to make more informed decisions.
Anatomy of a hump
IF YOU were to draw the path of inflation in the typical big, rich economy over the past half century, your picture would look much like a dromedary's back: a low flat line in the 1960s; a knobbly hump of high and volatile price rises in the 1970s; dramatic disinflation in the 1980s; and low, stable inflation rates since. Japan and Germany, which were quicker to quell inflation, are well-known exceptions. But for the rest, the shape and timing of the Great Inflation bulge look remarkably similar. This is a bulge that today's central bankers are anxious not to repeat. So it is no surprise that several governors from America's Federal Reserve are attending a conference on March 9th to discuss a new report* on the Great Inflation, written by a weighty group of macroeconomists from academia and Wall Street.
US loses ground in networked readiness, falling six places to ...
The World Economic Forum has released its Global Information Technology Report (GITR) for 2006-2007 and ranks Denmark at the top in terms of “network readiness," naming the country as best able to “leverage the opportunities offered by information and communication technology for development and increased competitiveness." Sweden, Singapore and Finland follow, while the United States loses ground in networked readiness, falling six places to seventh position. The GITR cites Denmark's excellent regulatory environment and clear government leadership and vision as drivers of the country's impressive levels of Internet and PC, together with a continuous emphasis on education and R&D and a talent for pioneering applications and technologies. The rest of the Nordic countries, except Iceland which loses some ground from last year, follow Denmark's upward trend, with Sweden, Finland and Norway moving up on the chart.
World Muslim Conference Calls Arab Summit to Activate Joint Action
Cairo, March 27, 2007 (WAFA) - Participants in the World Muslim Conference on Globalization Effects called on Arab leaders to activate joint Arab action and develop new mechanisms to face economic and social problems arising from globalization.
In interviews with the Middle East News Agency, they underlined the role of civil society institutions, media and intellectuals in developing new mechanisms for joint Arab cooperation that avail themselves of the available economic, geographical and human capabilities and encourage dialogue with Western cultures to curb the negative effects of globalization.
A.D (21.40P) (19.40GMT) .
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