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	<title>Indian business portal</title>
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	<link>http://www.ebsindia.net</link>
	<description>news, discussions and ratings</description>
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		<title>Why we are joining online dating websites</title>
		<link>http://www.ebsindia.net/2012/05/16/why-we-are-joining-online-dating-websites/</link>
		<comments>http://www.ebsindia.net/2012/05/16/why-we-are-joining-online-dating-websites/#comments</comments>
		<pubDate>Wed, 16 May 2012 08:14:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Interesting]]></category>

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		<description><![CDATA[Every large city have their dating agencies. And on all blogs there are many men and women that are searching for their second half. And there are others that wish to obtain a wife from other country. Many boys join just for this cause, just to meet hot Belarus, Russian, Ukraine, Moldavian young women. Even [...]]]></description>
			<content:encoded><![CDATA[<p>Every large city have their <a title="dating services reviews" href="http://www.onlinedatingcollection.com">dating agencies</a>. And on all blogs there are many men and women that are searching for their second half. And there are others that wish to obtain a wife from other country. Many boys join just for this cause, just to meet hot Belarus, Russian, Ukraine, Moldavian young women.</p>
<p>Even in case of you are looking for <a href="http://www.asianloveslave.com/">Asian singles personals</a> with wedding site you can easily find specific young woman that you dream about and get in touch with her. First you need to introduce yourself with letter. You send email with your personal info. So check that you sent letter with all that is necessary to draw attention of that woman.</p>
<p>The good part with all that online dating is that you don’t have to go somewhere, you don’t have to be concerned what costume or dress you should wear. All that real stuff is not necessary in online dating. Video chat, phone calls, this you can get at dating blogs. But what is the reason that young girls and boys are willing to pay cash only for meeting?</p>
<p>It is very hard to live by yourself, to not have someone who you can trust. Love is one thing that you wont buy with money. Dating agencies only offer you their services for money and help you take first step.</p>
<p>This is some information on dating blogs. Why they were opened? Who is registered there? In what countries they are?</p>
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		<title>Tabbest.com &#8211; free guitar tabs</title>
		<link>http://www.ebsindia.net/2011/07/13/tabbest-com-free-guitar-tabs/</link>
		<comments>http://www.ebsindia.net/2011/07/13/tabbest-com-free-guitar-tabs/#comments</comments>
		<pubDate>Wed, 13 Jul 2011 11:56:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Interesting]]></category>

		<guid isPermaLink="false">http://www.ebsindia.net/?p=35</guid>
		<description><![CDATA[Rest, tourism, pleasure…During the working period we dream about, wait, plan and finally get holiday. No doubt people are all different and thus we tend to possess different tastes. Some of us cannot imagine a holiday not having blue sea shore, sandy beach, beautiful views, warm climate combined with getting tanned. Other can&#8217;t live without [...]]]></description>
			<content:encoded><![CDATA[<p>Rest, tourism, pleasure…During the working period we dream about, wait, plan and finally get holiday. No doubt people are all different and thus we tend to possess different tastes.</p>
<p>Some of us cannot imagine a holiday not having blue sea shore, sandy beach, beautiful views, warm climate combined with getting tanned. Other can&#8217;t live without tents and exciting mountain journeys, including reaching the mountain tops, fires and sleeping on the nature.</p>
<p>Some enjoy walking through beautiful towns and cities, passing through the local souvenir shops, observing customs of local people, visiting famous ruins that belong to different epochs. Some do not want to travel These people would like to engage with all the stuff that they could not do during the working period &#8211; waking up at midday, staying up till midnight, making friends, watching favourite comedies, going shopping or just being lazy. However, vacation as well provides us with the chance to experience something new, to take up a new interest, to learn something which you have continually dreamt to know, to surprise your friends as well as just people you know.</p>
<p>Why not taking up learning how to play a guitar, for instance? You may think that attaining this skill is a hard as well as long procedure and that learning music i sure to be boring. Some time ago it was, nevertheless it is now the history. Mastering any musical instrument is becoming easy and exciting. The <a title="lyrics guitar chords" href="http://www.tabbest.com/">lyrics guitar chords</a> will give the chance to study it soon enough as well as make the process of learning real fun.</p>
<p>You do not have to do difficult tasks or reading notes, long lessons. Now you can learn how to play a guitar playing the music you enjoy which will definitely make the learning process more creative. Nowadays you can search for and have <a href="http://www.tabbest.com/types/bass_tab.html">bass sheet music</a> you want.</p>
<p>So you are able to practise and learn music not having to make any additional efforts. You have to search for the hit and practise! Internet will offer biggest stores of chords as well as <a href="http://www.tabbest.com/types/guitar_tab.html">free guitar tabs</a>. Take advantage of great advantages you have today!</p>
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		<title>Country&#8217;s economic situation is contradictory</title>
		<link>http://www.ebsindia.net/2011/01/10/countrys-economic-situation-is-contradictory/</link>
		<comments>http://www.ebsindia.net/2011/01/10/countrys-economic-situation-is-contradictory/#comments</comments>
		<pubDate>Mon, 10 Jan 2011 15:52:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Interesting]]></category>

		<guid isPermaLink="false">http://www.ebsindia.net/?p=33</guid>
		<description><![CDATA[On the one hand, India is one of the richest countries in mineral resources. There are reserves of coal (fourth part of the world&#8217;s reserves), iron, manganese, bauxite, mica, chromite, gold, oil and gas. Agricultural land accounts for 55% of the territory of India. India is one of the world&#8217;s oldest civilizations, the second most [...]]]></description>
			<content:encoded><![CDATA[<p>On the one hand, India is one of the richest countries in mineral resources.</p>
<p>There are reserves of coal (fourth part of the world&#8217;s reserves), iron, manganese, bauxite, mica, chromite, gold, oil and gas. Agricultural land accounts for 55% of the territory of India.</p>
<p>India is one of the world&#8217;s oldest civilizations, the second most populous country in the world.</p>
<p>Indian scientists are some of the most authoritative in the world, the country has its own nuclear weapon and space power.</p>
<p>The country itself produces rockets and software (the city of Bangalore is one of the world&#8217;s largest centers in the export of software).</p>
<p>Research centers of the world&#8217;s largest TNCs (for example, the center of Daimler-Chrysler) are located throughout the country.</p>
<p>India is also an agro-industrial country, 2/3 of the world&#8217;s poor live in India. The value of GDP per capita is $ 300.</p>
<p>Regional development in India is uneven. North of the country was beyond the influence of Western civilization, there are local customs, culture has developed, retarding industrial development.</p>
<p>At the same time in the south, modern culture has developed under the influence of the British. There are certain problems in the development of the west and east of the country.</p>
<p>In the west, light industry has a development priority, which is the basis for private business. In the west, heavy and extractive industries (metallurgy and coal mining, <a href="http://www.tmp-press.com/production/equipment/metal-machining/">metal machining</a>) have began to develop since 1950.</p>
<p>Production of mineral fertilizers is realized in chemical industry. The value of petrochemicals is constantly growing. Resins, plastics, chemical fiber, synthetic rubber are produced.</p>
<p>Pharmacy is developed. The chemical industry is represented in many cities across the country.</p>
<p>Light industry is a traditional branch of industry in India. Cotton and jute industry are of particular importance. India is one of the leading countries in the world in the production of cotton fabrics.</p>
<p>Food industry produces goods for domestic consumption and for export. Indian tea is the most widely known in the world.</p>
<p>Its production is concentrated in Calcutta and in the south of the country. India ranks first in the world in export of tea.</p>
<p>60% of the active population are employed in the agricultural sector of India. However, mechanization and fertilizers are used insufficiently.</p>
<p>Natural and semi-subsistence lifestyle still exist in many villages. More than half of the total land fund is in the hands of landowners.</p>
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		<title>Banks to allow single ATM transaction for one PIN entry</title>
		<link>http://www.ebsindia.net/2011/01/05/banks-to-allow-single-atm-transaction-for-one-pin-entry/</link>
		<comments>http://www.ebsindia.net/2011/01/05/banks-to-allow-single-atm-transaction-for-one-pin-entry/#comments</comments>
		<pubDate>Wed, 05 Jan 2011 15:05:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.ebsindia.net/?p=23</guid>
		<description><![CDATA[NEW DELHI: Next time you go to a bank ATM, be ready to re-enter your PIN afresh for every transaction you wish to conduct, such as money withdrawal, balance enquiry and checking account details. In order to check misuse of ATM cards by unauthorised people, RBI has asked banks to allow only one transaction at [...]]]></description>
			<content:encoded><![CDATA[<div id="storydiv">
<div>NEW DELHI: Next time you go to a bank ATM, be ready to  re-enter your          PIN          afresh for every transaction you  wish to conduct, such as money withdrawal, balance enquiry and checking  account details.</p>
<p>In order to check  misuse of          ATM          cards by unauthorised people, RBI has  asked banks to allow only one transaction at ATM machines for one entry  of PIN (Personal Identification Number which acts like a password for  ATM transactions).</p>
<p>The transactions  that a bank customer can conduct through the ATMs (Automated Teller  Machines), by inserting or swiping the card and entering the PIN,  include withdrawal of money, deposits, fund transfer, bill payments,  checking account details etc.</p>
<p>Previously, customers were allowed to conduct multiple transactions  through the ATM by punching in their PIN only once in a single session.</p>
<p>However, the practice was  vulnerable to misuse by unauthorised people, especially in case  authorised customers forgot to collect their ATM card after conducting  the transaction.</p>
<p>There have also  been cases when some people tamper with the ATM machines in a way that a  customer cannot collect the ATM card after conducting the transaction.  Once the customer moves out of the ATM machine thinking that the  withheld card needed to be collected from the bank, the fraudster goes  into the ATM and withdraws money as previous session remains active with  the PIN already punched in.</p>
<p>Having  received several complaints about the vulnerabilities of the existing  practice, RBI has asked the banks to make changes in their systems to  allow only one transaction for every entry of the PIN.</p>
<p>Although, RBI had asked all banks to follow these guidelines  with effect from January 1, 2011, some of the banks are still in the  process of updating their systems with the required changes. In the  meantime, the banks have started communicating to their customers about  the changes in the way ATM transactions are conducted.</p>
<p>In one such circular to its customers, private sector bank          HDFC Bank said: &#8220;As per RBI guidelines, you will need to re-enter your  ATM PIN for every additional ATM transaction in a single session, with  effect from 1st January, 2011&#8243;.</p>
<p>&#8220;Please ensure you enter the correct ATM PIN for every transaction to  avoid any inconvenience,&#8221; the bank said.</p>
<p>ATMs have become a preferred mode of banking transactions for both  customers and banks, due to the convenience and cost-saving factors.  The volume of ATM transactions increased from 17,797 lakh aggregating to  Rs 4,38,151 crore during 2007-08 to 23,530 lakh aggregating to Rs  6,16,456 crore during 2008-09, as per RBI.</p></div>
</div>
<div></div>
<div>From: www.samachar.com</div>
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		<title>Forbes named the principal business guru</title>
		<link>http://www.ebsindia.net/2009/10/16/forbes-named-the-principal-business-guru/</link>
		<comments>http://www.ebsindia.net/2009/10/16/forbes-named-the-principal-business-guru/#comments</comments>
		<pubDate>Fri, 16 Oct 2009 14:51:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.ebsindia.net/?p=17</guid>
		<description><![CDATA[Forbes magazine published the rating of the most influential people in the business world. First place again took the Indian Academy of Cu Kay Prahalad, the second line got only one in the top-50 Journalist Malcolm Gleduil from the New Yorker, the most influential businessman is Steve Jobs. Forbes making the List of financial guru [...]]]></description>
			<content:encoded><![CDATA[<p>Forbes magazine published the rating of the most influential people in the business world. First place again took the Indian Academy of Cu Kay Prahalad, the second line got only one in the top-50 Journalist Malcolm Gleduil from the New Yorker, the most influential businessman is Steve Jobs.<br />
Forbes making the List of financial guru for the fifth time. This year, the rating has undergone many changes, and it appeared 30 new names. Thus the top 50 most influential experts left several prominent economists, including former head of the U.S. Federal Reserve Alan Greenspan, who a year ago was in the top three rankings.</p>
<p>Not only changed its leader &#8211; the second time in a row was named the most influential writers in the business world by Academician of the University of Michigan Sea Kay Prahalad. His influence on the business world is enormous, says Forbes. In the 90-ies, scientists have coined the term &#8220;core competencies&#8221;, which defined the strategy of a whole generation of managers. In addition, experts praised his work on the role of business in the fight against hunger and poverty in the world.</p>
<p>Rating is based on the survey of 3,5 thousand people, which are then processed by analysts. The majority of the top 50 are U.S. citizens, no Russians in it. In the first ten &#8211; six economists, three-billionaire and one journalist.<br />
Canadian Malcolm Gleduil, who leading column in the magazine New Yorker, unexpectedly took second place in the ranking. The study authors called his articles and books &#8220;founts of wisdom.&#8221; Ranked third with leaders of the Nobel Prize for economics, Princeton University professor Paul Krugman, whose economic forecasts prove accurate, even during the financial crisis.</p>
<p>One of the founders, president and CEO of Apple, Steve Jobs &#8211; at the fourth position. Despite health problems, he remains one of the most influential in the business environment. When Jobs returned to work after a long illness, quotes Securities Apple grew on average by 20%.<br />
Fifth place in the list of shared academics, Cheng Y, Kim and Renee Moborn of the European Institute of Business Administration, the authors of the book &#8220;Blue Ocean Strategy&#8221;. In the sixth line &#8211; beginner rating Muhammad Yunus, Nobel Peace Prize in 2006 and founder of the Bank for the Poor &#8220;Grameen.<br />
The richest man in the world, the founder of Microsoft Bill Gates &#8211; in seventh place. The drafters noted his charitable work. Behind Gates in the list are yet another billionaire &#8211; Virgin founder Richard Branson, actively invests in the development of environmentally sound technologies.<br />
The penultimate place in the top 10 &#8211; Academy of the University Norsvest Philip Kotler, author of &#8220;Bible&#8221; of marketing. Closes ten most influential people in business, Gary Hamel, a consultant and one of the founders of Internet project Mlab.</p>
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		<title>Forecast of development of the Indian medicines market in 2009-2018.</title>
		<link>http://www.ebsindia.net/2009/10/15/forecast-of-development-of-the-indian-medicines-market-in-2009-2018/</link>
		<comments>http://www.ebsindia.net/2009/10/15/forecast-of-development-of-the-indian-medicines-market-in-2009-2018/#comments</comments>
		<pubDate>Thu, 15 Oct 2009 14:51:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.ebsindia.net/?p=15</guid>
		<description><![CDATA[The volume of the Indian market of medicines can reach almost 45 billion. India has all chances to reach the second position in terms of medicines market in Asia-Pacific region (after China). Among the main drivers of the Indian market mark high growth of the economy, increased availability of drugs for the population, investment in [...]]]></description>
			<content:encoded><![CDATA[<p>The volume of the Indian market of medicines can reach almost 45 billion. India has all chances to reach the second position in terms of medicines market in Asia-Pacific region (after China).</p>
<p>Among the main drivers of the Indian market mark high growth of the economy, increased availability of drugs for the population, investment in infrastructure improvements in the health sector, as well as the prevalence of chronic diseases.</p>
<p>The volume of pharmaceutical sales in India in 2009 in national currency increased by 13.1% compared with the previous year to 618 billion rupees (14.2 billion dollars.) To 699 billion rupees (14.5 billion dollars.) Estimated «BMI». Note that the average growth rate of global Pharma in 2009 are expected at the level of 7,6%.</p>
<p>According to forecasts «BMI», in India the average drug expenditure per capita will increase from 11.96 dollars. in 2008 to 20,03 dollars. in 2013 and to 33,3 dollars. in 2018.</p>
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		<title>Embassy of Russia in New Delhi yesterday reported a sudden&#8230;.</title>
		<link>http://www.ebsindia.net/2009/10/09/embassy-of-russia-in-new-delhi-yesterday-reported-a-sudden/</link>
		<comments>http://www.ebsindia.net/2009/10/09/embassy-of-russia-in-new-delhi-yesterday-reported-a-sudden/#comments</comments>
		<pubDate>Fri, 09 Oct 2009 14:49:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[embassy]]></category>
		<category><![CDATA[New Delhi]]></category>

		<guid isPermaLink="false">http://www.ebsindia.net/?p=13</guid>
		<description><![CDATA[Embassy of Russia in New Delhi yesterday reported a sudden demand of the Indian authorities by 31 October this year to redraw Russia&#8217;s visa specialists working at the sites of bilateral cooperation and previously entered the country on business visas. To meet this requirement, about 700 employees Russian companies urgently need to return to Russia, [...]]]></description>
			<content:encoded><![CDATA[<p>Embassy of Russia in New Delhi yesterday reported a sudden demand of the Indian authorities by 31 October this year to redraw Russia&#8217;s visa specialists working at the sites of bilateral cooperation and previously entered the country on business visas. To meet this requirement, about 700 employees Russian companies urgently need to return to Russia, to get to the Embassy of India in Moscow than get new visa sample and then again comeback to India.</p>
<p>A curious situation arose after the Ministry of Internal Affairs of India, in September announced its decision to immediately clean up the visa granted by working in the country to foreign specialists. Currently, the usual practice, the issuance of employees of foreign companies, including workers, engineers and technical personnel.  However, Interior Minister Palaniappan Chidambaram considered this practice unacceptable, with new rules for obtaining work visas, it was decided to distribute to those who have already entered the country on business. The first notice of the urgent need to reissue visas for his workers and professionals were at the Embassy of China, then Interior Ministry circular was sent to the offices of other countries.</p>
<p>Meanwhile, as stated yesterday, Charge d&#8217;Affaires of Russia in India, Andrei Sorokin, the sudden decision of Ministry of Internal Affairs of India is urgently redraw visas to hundreds of Russian experts jeopardizes the timely implementation of joint projects, including those implemented by the Defense Ministry, &#8220;Tyazhpromekporta and Atomstroiexport .</p>
<p>Russian diplomats in New Delhi trying to calm the situation with representatives of the Ministry of Internal Affairs, but the question of whether Russia will return specialist, remains open.</p>
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		<title>The winners and the losers of the crisis</title>
		<link>http://www.ebsindia.net/2009/10/09/the-winners-and-the-losers-of-the-crisis/</link>
		<comments>http://www.ebsindia.net/2009/10/09/the-winners-and-the-losers-of-the-crisis/#comments</comments>
		<pubDate>Fri, 09 Oct 2009 14:35:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Interesting]]></category>

		<guid isPermaLink="false">http://www.ebsindia.net/?p=10</guid>
		<description><![CDATA[The most severe crisis since the Great Depression  has revealed the winners and losers in different areas &#8211; from the States to economic theories. A distinctive feature of the current economic crisis is impact on the synchronous world. Wave of negative consequences from the collapse of Lehman Brothers has swept across the globe. The subsequent [...]]]></description>
			<content:encoded><![CDATA[<p>The most severe crisis since the Great Depression  has revealed the winners and losers in different areas &#8211; from the States to economic theories.</p>
<p>A distinctive feature of the current economic crisis is impact on the synchronous world. Wave of negative consequences from the collapse of Lehman Brothers has swept across the globe. The subsequent recovery of economies of different countries is also more or less coincided.</p>
<p>Recession and financial crisis exposed the strengths and weaknesses of economic models, institutions, individuals, and theories.</p>
<p>Economists, who believed in the theory of &#8220;disengagement&#8221;, in accordance with which the economy of several developing countries are less dependent on the economies of developed and they will not affect the crisis in the U.S., were wrong. Nevertheless, China continues to show impressive growth rates. According to the latest consensus forecast, this year the Chinese GDP will grow by 8,3% compared with 9% in 2008</p>
<p>Without a doubt, one of the reasons for this is Beijing possibility to act quickly and decisively, without wasting time on political debate. &#8220;The unprecedented global economic crisis has brought huge losses to the Chinese economy. However, we accepted the challenge and confidently cope with difficulties,&#8221; &#8211; said in September, Prime Minister Wen Jiabao.</p>
<p>Democratic India is also having good times in coping with the crisis. It is expected that its GDP will grow this year at 6.2%. The growing economic strength of China and India helps to explain why the clear winner in this crisis can be called the summit of &#8220;twenty&#8221; in which representatives of the fast growing developing countries sat the same table with leaders of major developed economies.</p>
<p>But while most developing economies feels relatively well, there are exceptions. Mexico struck not only by the crisis in the U.S., but by epidemic of influenza A/H1N1, and falling oil production. Many rapidly developing economies of Eastern Europe were unable to support growth, when the crisis erupted. Russia had fallen victim depending on commodity prices and the inability to develop the domestic industry.</p>
<p>Low-income countries were even more distressed after the crisis has reduced the volume of trade, investment and aid to the poorest countries. The World Bank estimates that the number of people living in extreme poverty will be increased by 90 million</p>
<p>Europe suffered less than all</p>
<p>Nevertheless, Germany, Japan and France get a consolation prize for being out of the recession they have managed to escape in the II quarter of this year &#8211; before the United States and Britain, who suffer from the fall in consumer demand of its citizens. France can get a special medal for sustainability. It is expected that French GDP will fall this year by 2%. At these times it is quite a decent result.</p>
<p>On the stock market there are winners and losers, and sometimes quite unexpected. Shares of technology companies after the collapse of Lehman Brothers were among the market leaders: they are pushing up the hope that after the stabilization of the economy in 2010, they will receive substantial profit. Oil companies were among the losers, they shattered a sharp drop in oil prices.</p>
<p>Banks earn during crisis</p>
<p>Worst of all had shares of financial companies. But the fact that banks have lost the location of investors, does not mean that the bankers &#8211; the main victims of the crisis. On the contrary: never before has a single sector in the world did not receive such an amount of state funds, which quickly allowed him to return to profitability.</p>
<p>The generosity of the state in the form of subsidies to consumers wishing to recycle an old car and buy a new, more efficient, experienced automakers. That is why their shares have not been in such distress, as could be.</p>
<p>Left-wing Parties criticizes capitalism, suddenly found themselves among the losers from the crisis. Their slogans shamelessly stole the governments of all political spectra. &#8220;We find ourselves in a situation where even right-wing parties can speak for active state intervention in the economy&#8221;, &#8211; said the chief economist at Unicredit Marco Annunziata. In September, Germany&#8217;s Left Party in the elections has shown good results, but the center-left, represented by the Social Democrats have lost a significant portion of the vote. Their leader, Frank-Walter Steinmeier called the outcome of the vote &#8220;a bitter day.&#8221; For the first time in 11 years, the Social Democrats had to go into opposition.</p>
<p>Annunziata is quite sure that international trade has won a lot of the crisis. &#8220;There was a lot of fear that free trade will fall victim to the crisis &#8211; he said. &#8211; But the opposite happened: international trade has been under protection, and now it is &#8211; the engine of economic recovery.&#8221;</p>
<p>The market can not regulate themselves</p>
<p>But state officials, whose work behind the scenes did not enjoy much love, unexpectedly found that in their hands &#8211; the fate of large banks.</p>
<p>looks like the IMF is clear winner here, which has assumed a new role of world policeman and fireman. Thus, it is proved that the long-term care is bearing fruit.</p>
<p>Scandinavians have the best model of the economy</p>
<p>The world&#8217;s attention attracted the Scandinavian economic model &#8211; due to the fact that Sweden and Finland have largely failed to protect its citizens from the crisis. These countries are known for their generous social welfare system. In addition, they had learned from the experienced in the early 1990&#8242;s. banking crisis.</p>
<p>Radical Anglo-Saxon model of capitalism out of fashion, but the Scandinavian model clearly can not be recorded in the number of losers, &#8220;says Sixten Konkman of the Etla Research Institute in Helsinki. However, in the long run, its success depends on whether the economic activity of the State to bring sufficient funds for their redistribution. &#8220;Well-developed social security system softens blow, but raises the risk that you will not be able to again achieve economic growth and will prove to be burdened for a long time (budget) deficit,&#8221; &#8211; says Konkman.</p>
<p>Finally, the growing national debt in many countries has created a large new group of potential victims of the crisis &#8211; the younger generation. There is a risk that it was he would have to pay the bills, paying higher taxes.</p>
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		<title>Oil vs dollar</title>
		<link>http://www.ebsindia.net/2009/10/08/oil-vs-dollar/</link>
		<comments>http://www.ebsindia.net/2009/10/08/oil-vs-dollar/#comments</comments>
		<pubDate>Thu, 08 Oct 2009 14:33:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>

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		<description><![CDATA[Leading manufacturers of raw materials are going abandon calculations in the American currency. Black and natural Gold. According to British newspaper &#8220;The Independent&#8221;, for this purpose have already been held secret meetings at the level of finance ministers and heads of central banks, which discussed the possibility of introducing a currency basket, which will include [...]]]></description>
			<content:encoded><![CDATA[<p>Leading manufacturers of raw materials are going abandon calculations in the American currency.</p>
<p>Black and natural Gold.</p>
<p>According to British newspaper &#8220;The Independent&#8221;, for this purpose have already been held secret meetings at the level of finance ministers and heads of central banks, which discussed the possibility of introducing a currency basket, which will include the yen, yuan, euro, gold and even the new unified currency of the States &#8211; Members of the Cooperation Council countries of the Persian Gulf. Interest in the rejection of the dollar also expressed Brazil and India. The publication suggests that the existence of such plans, confirmed by his sources in the Gulf and Hong Kong, due to the sharp rise in gold prices, which the Arab states have long been calculated with one another. It is expected that the final rejection of the dollar could happen by 2018.</p>
<p>Also, British journalists reported that the United States is aware of the negotiations and we intend to resist the agreement of countries, which include even Washington&#8217;s closest allies (Japan). Former China&#8217;s special envoy in the Middle East Sun Bigan even warned the newspaper that &#8220;there is a serious risk of deepening the contradictions between China and the United States for influence in the Middle East energy resource base.&#8221;</p>
<p>However, Chinese financial experts believe that the U.S. president Barack Obama is too busy with the economy of the United States to focus on the consequences of failure of these countries with the dollar in payment for oil.<br />
Meanwhile, the U.S. economy has already suffered yet not concluded the deal &#8211; on Tuesday amid reports in the Independent quotes the U.S. dollar went down.</p>
<p>The issue is ripe</p>
<p>Also reported that the U.S. government was aware only of a meeting, but the details were left for the Americans closed.</p>
<p>This year, Iran was the first Persian Gulf countries have already announced the transition to the euro in oil sales, which account for more than 80% of its revenues from foreign trade of the Islamic republic.</p>
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		<title>India transferred Russia $102 million for the modernization of &#8220;Admiral Gorshkov&#8221;</title>
		<link>http://www.ebsindia.net/2009/10/07/india-transferred-russia-102-million-for-the-modernization-of-admiral-gorshkov/</link>
		<comments>http://www.ebsindia.net/2009/10/07/india-transferred-russia-102-million-for-the-modernization-of-admiral-gorshkov/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 14:31:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.ebsindia.net/?p=6</guid>
		<description><![CDATA[India transferred Russia $102 million of additional funding for the modernization of the aircraft carrier &#8220;Vikramaditya&#8217; (formerly Admiral Gorshkov). This was confirmed by &#8220;Vedomosti&#8221; director general of the enterprise &#8220;Sevmash&#8221;  Nikolay Kalistratov. Allocation of these funds was approved by the Government of India last summer. The contract for the modernization of the &#8220;Admiral Gorshkov&#8221;, which [...]]]></description>
			<content:encoded><![CDATA[<p>India transferred Russia $102 million of additional funding for the modernization of the aircraft carrier &#8220;Vikramaditya&#8217; (formerly Admiral Gorshkov). This was confirmed by &#8220;Vedomosti&#8221; director general of the enterprise &#8220;Sevmash&#8221;  Nikolay Kalistratov. Allocation of these funds was approved by the Government of India last summer.</p>
<p>The contract for the modernization of the &#8220;Admiral Gorshkov&#8221;, which is called one of the most problematic deals in Russia, was signed in 2004, the period of performance &#8211; in 2012. Initially, it was estimated at $ 1.5 billion, including the delivery of 16 deck fighters MiG-29K for $ 750 million, but then Russia&#8217;s side demanded to increase the price of the contract. The overall cost of the work on the &#8220;Sevmash&#8221; valued at $ 2 billion, but the Indians found it too high and stopped funding.</p>
<p>President Dmitry Medvedev in June, during a visit to the Sevmash, spoke about the need to perform the contract, noting that it was&#8221; the only problem in Russo-Indian relations. &#8221; Now, according to a source in Rosoboronexport, talks about the new contract was entered into the final stage and can be completed before the end of the year.</p>
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