Archive for October, 2009

Apple season almost over in Himachal, 1.2 cr crates sold

Filed in Debt, Dollar Strength, economy, Gold Bullion prices, Gold EFT by on October 31, 2009 0 Comments

SHIMLA – With the apple season in Himachal Pradesh almost over, 1.2 crore boxes have been despatched to markets across the country. “The season in districts like Shimla, Mandi, Kullu and Chamba districts is almost over,” said horticulture director Gurdev Singh Sunday. “A major chunk of the crop is currently coming from high-altitude areas of Kinnaur

Continue Reading »

US, SKorea draw up plan on NKorea’s possible collapse

Filed in Gold, Gold Bullion prices by on October 31, 2009 0 Comments

The United States and its ally South Korea have drawn up a contingency plan to cope with emergencies in North Korea, including a possible regime change there, a report said Sunday. “Operational Plan (OPLAN) 5029” was completed by Seoul and Washington recently, Yonhap news agency said, quoting an unnamed Seoul source. It dictates how to respond case-by-case to such emergencies in North Korea as a civil war, an outflow of weapons of mass destruction (WMDs), a mass influx of refugees or a natural disaster, Yonhap said. Under the plan, the United States assumes the role of eliminating North Korea's WMDs,… Original Article: Forum: News/Activism

Continue Reading »

Japan may backtrack on lending regulations -Nikkei

Filed in Gold Investing by on October 31, 2009 0 Comments

TOKYO, Nov 1 – Japan will consider reversing its tightening of regulations on moneylenders to help self-employed business owners following the financial crisis, the Nikkei business daily said on Sunday. The government will launch as early as this …

Continue Reading »

Egypt/Sudan – Nov 1

Filed in Gold Holdings, Gold Investing by on October 31, 2009 0 Comments

This diary is updated daily. New listings or amendments are marked *. All events/times provisional and in GMT . TODAY’S EVENTS CAIRO – Jordan’s King Abdullah arrives in Egypt for talks with President Hosni Mubarak. COMING EVENTS MONDAY, NOVEMB …

Continue Reading »

Exports fall as Bangladesh drinks most of its tea

Filed in economy, silver by on October 31, 2009 0 Comments

DHAKA – Bangladeshis drink most of the tea they produce and the new consumption trend has led to a steep fall in exports, say industry findings. The high rate of tea drinking may make Bangladesh an importer and the per-hectare production is among the lowest among world tea producers, The Daily Star newspaper said Sunday.

Continue Reading »

Job creation dips in small towns: Assocham

Filed in economy, Gold Investing by on October 31, 2009 0 Comments

NEW DELHI – Job creation dipped by 12.1 percent in India’s tier III cities in the first seven months this fiscal, indicating that the benefits of the government’s stimulus measures are yet to reach such areas, according to an industry lobby survey. Job opportunities in the tier I and II cities grew

Continue Reading »

What’s all the fuss? Gov’ insurance option seen as signing up just 2 percent of those under 65

Filed in Debt, Gold Demand by on October 31, 2009 0 Comments

After all the fuss, public health plan covers few WASHINGTON — What’s all the fuss about? After all the noise over Democrats’ push for a government insurance plan to compete with private carriers, coverage numbers are finally in: Two percent. That’s the estimated share of Americans younger than 65 who’d sign up for the public option plan

Continue Reading »

Power sector needs investments worth $250 bn: CII

Filed in Dollar Strength, economy, Gold Bullion prices by on October 31, 2009 0 Comments

NEW DELHI – India’s power sector will require about $250 billion investments over the next eight-nine years if it wants to grow at a moderate 7.5-8 percent compound annual rate, according to a CII report. “The power markets will have to achieve consistent high growth rates to bring our per capita consumption to comparable

Continue Reading »

Dubai telecom firm du posts surge in Q3 profit

Filed in Gold Holdings, Gold Investing by on October 31, 2009 0 Comments

DUBAI, Nov 1 – Dubai telecom firm du said on Sunday its third-quarter net profit before royalty rose to 157.1 million dirhams . In its statement, du said this was a 398 percent rise on the third quarter of the previous year, but did not say what i …

Continue Reading »

PRESS DIGEST – British business – Nov 1

Filed in Gold Holdings, Gold Investing by on October 31, 2009 0 Comments

The Mail on Sunday TRAVELODGE AXES 15 HQ STAFF In an effort to contain costs, Travelodge has shed 15 head office staff and four regional workers. A spokesman for the budget hotel chain confirmed the redundancies, noting that the group is currently …

Continue Reading »

S.Korea Oct exports underscore global recovery woe

Filed in economy, Gold Investing by on October 31, 2009 0 Comments

By Seo Eun-kyung SEOUL, Nov 1 – South Korean exports fell less than expected in the first month of the fourth quarter, but weak U.S. demand reinforced concerns a broad-based recovery in the global economy is not fully secured. Exports by Asia’s f …

Continue Reading »

Ford’s Union Workers Said to Reject Givebacks US Rivals Got

Filed in Gold Investing by on October 31, 2009 0 Comments

Ford Motor Co. hourly employees haverejected contract concessions the automaker said it needed toremain competitive with its U.S. rivals, said two peoplefamiliar with the outcome of the voting. United Auto Workers and Ford leaders have conceded thec …

Continue Reading »