ASIAN ECONOMY RECOVERING

According to the Asian Development Bank (ADB) Asia's developing economies are expected to grow by just under 8% in 2011.It has been predicted by the experts that the economy of the region would expand solidly over the next two years but at the same time there is a chance that the growth rate would be slower than in 2010.

Analysts are also expecting that inflation would impose a challenge for many Asian countries and which will lead them to social tensions.As the economy of China and India has groomed well enough in few years which would be able to continue the drive to the global and regional economic recovery. But a report has been given in which there is a great chance that the Inflation rate of almost 45 Asian economies may rise to 5.3% in year 2011 which was 4.4% in 2010 this is really something very serious.

But still the economic conditions getting better and better .

2015 ICC CRICKET WORLD CUP WILL INCLUDE 10 TEAMS

The International Cricket Council has made decision that 10 teams will participate in the World Cup has now confirmed its decision to decrease the team numbers for the World Cup 2015 from 14 to 10 which shows that there will be no place for Ireland who beat England in recent tournament of the 2011 World Cup.

The ICC teams who will play the tournament includes India, Pakistan, Sri Lanka, England, South Africa, New Zealand, Australia, West Indies, Bangladesh and Zimbabwe.

But for the 2019 event the 10 teams will be decided by the qualification process. Firstly the ICC decided to make a 12-team tournament in the ICC's executive board meeting in Mumbai but which was rejected by the other members. The Irish captain is not happy with this decision.

INDIA 2011 CRICKET WORLD CHAMPION

In the final of ICC world cup 2011 India became able to beat Sri Lanka by six wickets deliver World Cup glory to their cricket-mad population for the first time after 1983.

Sri Lanka was not going good in the start but they smashed 91 from their last 10 overs to post 274-6 in Mumbai, with Mahela Jayawardene superb 103 not out. In the start India lost Virender Sehwag and Sachin Tendulkar early but Gautam Gambhir and skipper Dhoni made a marvelous innings .

Gambhir was out for 97, but captain Dhoni remained unbeaten at 91 which led India to a famous win with 10 balls.The skipper was struggling throughout the tournament but in the end he able to play the innings of his life and get the victory with a great straight six that will be the shot of his life.The wicketkeeper-batsman's stunning final blow provided a great end to a memorable final for his team.

QURAN PROTESTS IN AFGHANISTAN

Thousands of people have marched through the streets of the Afghan cities of Kandahar and Jalalabad in new protests in response to the burning of Holy Quran in the US last month. This incident took place in Florida on 20 March under the supervision of Pastor Terry Jones. Muslims through all over the world are already protesting against all this happening. Non Muslims are continuously doing these type of things firstly they organize burn Quran day which was not supported by the US President and now this thing happened , people in Pakistan said if anything again happen in the future then they will set churches and the holy places of Non Muslims on fire.  

                                          

These protests comes after 14 people which includes seven UN staff who were killed in violence after similar protests on Friday. On the other hand US President Barack Obama described the killings as "outrageous" and the burning of Holy Quran as "intolerance and bigotry". These protests are getting prolong and ten more people died in the same kind of protests in Kandahar on Saturday where dozens more were injured. Today in Kandahar people marched to the main UN office and some also reports were given for the smaller protests in two other districts of Kandahar province. The authorities of Afghanistan have blamed the Taliban for the violence whereas Taliban has rejected the accusation.

Now the protests have spread to the eastern city of Jalalabad where today many people have peacefully blocked a main road.According to an Associated Press photographer at the scene the crowd were shouting on US troops and saying them to leave Afghanistan and they also burnt an effigy of Mr Obama. On the other hand the US President showed his condolences to the families of those who were killed by the protesters in Afghanistan.

US UNEMPLOYMENT RATE FALLS TO 8.8%

The US unemployment rate fell to a new two-year low in March to 8.8% which was 8.9% in February and this happened fourth time in a row monthly.The unemployment rate has fallen by just a point in percentage figures during the last four months which is not good for the common people but on the other hand a report by the US Department of Labor said that the employers created 216,000 jobs in March which is much more higher than the market expectations.The Institute for Supply Management (ISM) said that the index of national factory activity dipped to 61.2 last month which was 61.4 in February and this rate is the highest one since May 2004.

The economic news said that the good thing for today is , US and European stock markets were boosted  London, Paris and Frankfurt all went well with gains of more than 1.5% before getting closed while the Dow was up 1% in evening.
The new jobs offset in the private sector increases the job losses in the public sector which mainly results from the cuts made by the local government. The main cause of this according to the analysts is the possible impact of rise in the oil, energy prices and other commodities like food etc. In the start of this week the US Department of Commerce unexpectedly cut its estimate of last 3 months growth to an annualized rate of 2.8% which was 3.2% in the previous 3 months.


US government is also taking some measures to control this rise in the employment rate but it looks like that they are going to be failed as the present economic crisis surrounds the whole world. This is an alarming signal to the other        

countries as well that the conditions are going to be worst in the near future so make some appropriate measures to control all these happenings. Analysts are also saying that if all this go in the same manner then it will be very difficult for the poor people to survive under these circumstances.  

MIDDLE EAST SITUATION IS EFFECTING ASIAN STOCK

The Middle East is a very important region in the world and the crises in the region not only severely effects the stock market as well as the economic situation of the region but also the Asian markets as well. In Asia the oil prices constantly rising and the bloody conflicts in Libya has badly effected the Asian market and recent situation has also created a fear about the oil supply to Europe but as on the other hand Saudi Arabia has made assurance that it would increase its oil output if any problem occur in the oil supply from Libya but it is going to be disastrous for the European countries if any excuse made by Saudi an Government.

Chinese inflation rate hit 4.9 % in February, which was not expected so as a result on Tuesday most of the Asian stock fell as Tokyo’s Nikkie was down 1.09 % and the Sydney, Hong Kong  and Shanghai fell 1.09 %, 0.33 % and 0.93 % respectively. On the other hand,New York’s light sweet crude increased 44 cents and sold to $104.82 per barrel on the other hand Brent North Sea crude rose 56 cents and sold to $116.50. Now a days clashes between the Libya forces and the revolutionist has increased severely which really effect the oil pipelines.

There is a prediction given by the analysts that Chinese inflation data will be out in few days which is one of the biggest reason for market nervousness. US stocks market is also in great trouble due to turmoil in Libya as a result the Nasdaq dropped 0.51% and the Dow Jones and SP 500 index decreased by 0.01 %, 0.14% respectively. This is not a good sign for the Asian Market which was struggling after the earthquake of Japan but the recent figures fell it into great trouble.

WARNING BY WORLD BANK AFTER HIGH FOOD PRICES

World Bank give a warning and says that prices of the important products like food and fuel are at unreachable level after which almost 44 million more people have been moved to the level of below poverty after June 2010 and it has also written in the report that the world economy could return to the darkness of the crisis of year 2008 if all this happenings. After the recession which hit the world in year 2009/10 , the food analysts are continuously saying that we have no doubt in calling the year 2011 to be a year of retardation.  

From last four months it is shameful to tell that the prices of food rose by 15% and never went good for those poor people who used to spend more than half of their income on food and caused a lot of deaths due to hunger as wheat's value get doubled in a time between June and January 2011 also maize prices were rose by 73%. The main factor of this rise in the food prices is the situation of Middle East which through its bad light on the whole world and also the bad business condition put the fuel on this fire during the bad time of Egypt which effect the common people.

The main question arises in the mind of every person that how this effect the world? and a simple answer to this question is that economists are saying that emerging countries will be able to expand only 6.0% this year and was 7.0% in 2010. There might be a chance as many people are saying that food prices in most developing countries have not increased as much but it is a fact and nobody can hide this that in poor countries it rose a lot. The second thing is that the growth of world economy is expected to rise by 3.6% rate for 2012, but now it seems to be very difficult to achieve that figure after this huge crisis.

Energy Resources Finished

The rule of this universe that everyone wants more than that he had, same is the case of energy resources. World deals with the oil fields since last 5 or 6 reflects the same type of behavior as the use of it is  increasing day by day. A report by International Energy Agency (IEA) which is the Representative of  the industrial countries and OPEC, in which there is an idea that few years before , in 2008 and 2009 the thirst of oil was not as big as in 2010 and the sale of the oil in 2008 and 2009 was about 87.7 million barrels per day which is much less than the figure of 2010. In 2010 the sale of oil rises as the economic rise came in the underdeveloped countries , in 2010 the consumption of oil was 89 million barrels.

AMERICAN DAVIS TAKES ANOTHER ONE

The Terrorist act done by Raymond Davis citizen of most peaceful country so called USA which has disturbed the peace of almost every country of the world. He killed Pakistani two civilians few days before at mazang road in Lahore. In response of which Shumaila, the widow of one of the two civilians shot dead in Lahore by Raymond Davis committed suicide after taking poisonous pills on Sunday. Shumaila was taken to Allied Hospital in Faisalabad where doctors tried their best to save her life but they were unable to recover her and she is now dead . Hospital sources have given a report regarding  Shumaila statement in which she said that I am committing suicide because I am not expecting justice in Raymond Davis case and i have a  fear that  Davis will be released without trial.Who is responsible for this shameful act now this is the question? Pakistani people are raising this  "We want blood for blood" .

TOP FIVE RICHEST PERSON IN THE WORLD

These are the richest people in the world.At the top Carlos Slim Helu his property gross up-to $53.5 billion, Bill Gates the software visionary is now the world’s second-richest man net worth still up $13 billion in a year,at third Warren Buffet the American investor net worth up $10 billion.Two Indian Mukesh Ambani and Lakshmi Mittal placed at fourth and fifth position in the richest people of the world.

AN ACT OF TERRORISM BY A CITIZEN OF PEACEFUL COUNTRY AMERICA

A US National Davis, shot three persons dead and injured  another at Mazang Road in Lahore. Three people were killed when a US national opened fire on motorcycle riders and hit another with his car in an attempt to escape from the scene at Mazang Chowk. America which has tagged itself a peaceful country  and on the name of war against terrorism it is actually disturbing the peaceful environment of many countries by using the name of terrorism.Isn't it a terrorist act? In Afghanistan a Pakistani nationalist Dr Aafia Siddiqui was arrested just for that she only showed the gun to an American army personal for her safety and she was declared as terrorist and she is now in American custody and this person which is arrested with all proofs,American government is declaring it an accidental act and saying Pakistani Government to release him immediately. Is this your peacefulness? Isn't it a scheme or an accident?

MIRACLES OF ALLAH

In this century, some people like to interpret reports, events, facts, perceptions, etc.according to what one would like to be the case rather than according to the actual evidence.These are the amazing miracles of Allah in which Allah's name appear on different things in Arabic.Human being observing the above picture with a rational mind would probably say no. However a believer's mind  does not think in such a way that they have strong believe on Allah.

REVOLUTION IN EGYPT

Having trouble digesting the Egypt revolution? Not sure about the latest events and why they matter?Protests started on Tuesday, January 25, when -- inspired by the successful revolution in Tunisia -- thousands began taking to the streets to protest poverty, rampant unemployment, government corruption and autocratic governance of President Hosni Mubarak, who has ruled the country for 30 years.Men and women are standing side-by-side in calling for their rights.This air of inclusiveness has surrounded Egypt’s upheaval from the start, with protesters highlighting the movement’s “purity” and lack of religious or political agenda beyond democratic reform.

2011 CELEBRATIONS

New Years Eve is celebrated on 31st December, every year. New Years Eve is the day before final day of the Gregorian year. New Years Eve is separate observance from the New Years Day. New Years Eve is an International event.Every country of the world has its own way to welcome the new year. On New Year’s Eve, people celebrate with parties, family gatherings, feasting and fireworks. New Year’s Eve in USA is major social holiday. People celebrate on New Year’s Eve by wearing new dresses and go to New Year Eve parties, with traditional food and recipes and New Year. This opening of this year 2011 was also celebrated in a unique way throughout the world.

HORRIBLE CAR ACCIDENTS

The dictionary defines accident as "an unexpected and undesirable event, a mishap unforeseen and without apparent cause.There were an estimated 6,420,000 cars involved in accidents in the US in 2005. The cost of these accidents exceeds 230 Billion dollars. There were about 2.9 million injury cases and 42,636 car accident deaths. An average of 115 persons die each day in motor vehicle crashes in the United States -- one every 13 minutes. According to the World Health Organization about 3000 people die in crashes each day worldwide.Most accidents are not accidents at all: they are collisions that could and should have been avoided. Four main factors cause accidents which are Equipment Failure, Roadway Design, Poor Roadway Maintenance and the most important of all is the Driver Behavior.So we must drive very carefully considering all these factors .

MAGICS OF BERMUDA TRIANGLE

The Bermuda Triangle, also known as the Devil's Triangle, is a region of the northwestern Atlantic Ocean in which a number of aircraft and surface vessels have disappeared. Some people have claimed that these disappearances fall beyond the boundaries of human error or acts of nature.Since that time there have been hundreds of disappearances in the area.It has been that the "Devil's Triangle" is one of the two places on earth that a magnetic compass does point towards true north. Normally it points toward magnetic north. The difference between the two is known as compass variation. The amount of variation changes by as much as 20 degrees as one circumnavigates the earth. If this is the case and a compass variation or error is not compensated for, a navigator could find himself far off course and in deep trouble.Methane gas can also crash planes. The less dense air causes planes to lose lift. Also, the altimeter of planes (the instrument that measures the altitude) functions on the density of air. Because methane is less dense, the altimeter assumes the plane is climbing.

RANBIR-KATRINA SECRETLY PARTYING AT MIDNIGHT

Katrina Kaif born July 16, 1984 in Hongkong & grew up in Hawaii and then moved to London. At the Age of 14 she got modeling offers and started out by
modeling for a jewelry campaign.She is a model and Bollywood actress.Bollywood actors Ranbir Kapoor and Katrina Kaif have been denying having any relationship but they seem to be finding difficult to stay away from each other. They have been linked to each other ever since they acted together in Ajab Prem Ki Ghazab Kahani.The latest news is that they partied together at midnight few days before.It may be recalled that they recently went on a joyride in Ranbir’s two-seater Audi car. They have been linked to each other from the movie in which they acted together in Ajab Prem Ki Ghazab Kahani.

WORST PLANE CRASH IN PAKISTAN

A total of 181 people were killed in plane crashes in the Pakistan last year.On July 28, North of Islamabad, a 10-year-old Airbus A321 operated by Air-blue crashed into a spur of the Margalla hills during an attempt to land in a storm, killing 145 passengers and six crew.49 accidents recorded last year and the most dangerous places in which to fly were Pakistan and India.