Business Pivot Point

Few years back, Pakistan also officially declared the status as a nuclear state by exploding nuclear device under ground. At that time, it said that it will have only minimum stock pile of nuclear weapons as a nuclear deterrent.

Now , a US report says that Pakistan has piled up over 100 nuclear war heads, with all of them in ready state aimed at various Indian cities. The report also fears that the nuclear weapons might get into the hands of Taleban militants who have good influence over the Pakistan intelligence agency.

The Indian response to the report was on expected lines, with no clarify on the action it proposes to do to handle the issue.

People, especially youngsters have a very negative feeling about insurance. They look at the very low interest yield and avoid taking adequate insurance cover for them and their dependents. What they need to look at is the financial support your family will get when something untoward happens to you.

At the end of the day, human life is full of mystery, and you can collapse anytime without any notice.

And for the small premium you have paid for few years, your family ends up getting a big financial support which would not have been available without insurance.

Also there is another big advantage for the economy when you subscribe to insurance. For all the basic amenities like water supplies, electricity supplies and road construction, major funding is done by the insurance companies. These companies subscribe to various government bonds issued to fund these activities.

So go ahead and ensure adequate insurance cover for you and your family.

China used to have huge trade surplus month after month, for the last few years, which was invested in US treasuries in a big way. But in the last few months, the surplus has vanished due to crashing exports. With no surplus available, now China is looking at redeeming part of the 1.3 trillion dollars it has invested in US treasuries.

That could spell doom for the already drowning US economy, because any withdrawal by the largest investor could weaken the dollar further which is not good for the country.

China is also likely to avoid investing any future trade surplus money into US , and might pump the money in shoring up its inventory of various industrial metals and materials like gold / silver / copper / zinc / crude oil / Coal etc.,