Demo reaches Syrian capital

At least 25 people were shot dead when the security forces of Syria shot when they were doing demonstrations. Tens and thousands of people who were doing demonstrations were shot dead and many injured when they were protesting. The incident occurred in the central city of Hama during Friday as the whole protests started spreading against Damascus. Some of the activist in the city stated that dozens of people were wounded and reported through telephone from Nicosia.

The security forces fired intense gunfire against the demonstrators who were about 50,000 and from Hama according to reports. The details of the demos and the number of people dead was reported by Rami Abdel Rahman who is London based Syrian Observatory for human rights. The first time this is the largest demonstration in Hama and from March the number of outbreak has increased. There has been a raise in the outbreak against the President Bashar al-Assad and his government by the people of Syria.

According to the SANA news agency reports states the Friday prayers had hundreds of people in Hama chanting slogans. The diverse slogans when the demonstrators shouted the security forces and other police forces stayed away from them. Before the father of Assad late Hafez al-Assad in 1982 the Muslim brothers rose and had a brutal crackdown. On Friday one could see thousands of demonstrators rallied in and around the areas of Damascus to show their protests.

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Tunisia reports dangerous border

According to the recent reports the air strikes by NATO has hit the Libyan government weapons which are near Zintan. In the western sector of Tripoli there was two loud exploions heard during sunday say reports from AFP news agency. Attacks was carried out by an international coaliation on forces of Gaddafi and on 31st March UN has started protecting the civilians. Weapons depot was struck by Nato in the southeast of Zintan said some of the withness through phone to Reuters.
Some of the people are in cementary burying 11 people involved in fights and are now dead about 35 people are injured. After the death of Gaddfi’s son Saif al-arab Gaddhaffi and grandchildron where dead the airstrike has been started off due to this reason. The last remaining city Misurata which is near Libya’s west is at present under rebel control and has been under fierce fighting. In Misrata there was bombs dropped by Gaddafi forces and four large oil storage tank has been desstroyed and more fire has been sparked by them.
Pesticide spraying planes where used by the government forces for the attack said a spokesman and city is under major problem. The four tanks destroyed whgere only the source of fuel for the city and was enough for three months but now has been destroyed. Border tensions still seen to be continuing while both the border towns have taken up measures for protection on sunday. However the details of the shells reported no more injuries about 80 shellshas fallen into Tunisian terroitory and from Libya.

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Major floods in Australia

In Queensland three persons died as the floods hit Australia is in an biblical proportions and has inundate 22 towns. In the next few more days the Rockhampton will be 40% more inundated by the floodwater affecting many people. In the Rochampton Military and rescue workers have taken up and rushing with supplies for the victims. On Monday reports confirmed a person death who died when his car washed off the road at Aramac near emerald.

One of the swimmer from the Rochampton is even missing while a body of a woman is found in Mount Isa on Sunday. In the evacuation center about 1000 people were sheltered across the centers situated in Queensland. About 22 towns in state’s center is drowned under water and about 900 towns are abandoned and many people are missing. On Sunday in Emerald about ten state Emergency Service Vice volunteers are working and have rescued many people.

Estimation shows about 200,000 are deemed in the flood affected Rockhampton and excepts more floods in coming days. But still the Fitzroy river has not reached its peak and most of Rockhampton are still under water where mandatory evacuations are ordered. Overnight the Fitzroy river has swelled about 9 meter and could swamp more and has a record more than 90 years. On Sunday the airport and road south to Brisbane was closed which blocked the rail line and road west from city. Flood barriers have been installed at the airport around the terminal and control tower many emergency teams are called.

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Labor government inspects food for security reasons

The foreign ownership was examined by the labor government as the rural land food products created interest. The response came to spate the take overs which had created an anxiety about the job losses and the food security. The foreign ownership worries usually was limited to mining and energy sectors but since the Chinese firms came.

The Chinese security firms have showed a loss of the sovereignty and the commodities price control. Australia wheat exporter icon AWB highlighted the pressure increase on agricultural companies last week. On Friday AWB delisted after the court approval of the Canada based Agrium taking over the company. Despite all these a confusion of foreign investment still remains and a gap between anxiety and reality exists. Today Assistant Treasurer Bill Shorten in a foreign investment review board spoke along with Wayne Swan.

The government is in dilemma about the global interest of Australia vast natural resources and protect the interests. Anglo Australian mining giant Rio Tinto took up a proposal worth about $19.5 billion deal with the Aluminum Corp. The research project has been commissioned by the government so as to get a better investment of the investment landscape. Australian farmers feel the importance of foreign investment as it gives local jobs,growth and prosperity. About 99% of the broad acre and dairy farms in Australia is family operated shows an official data reports.

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The Irish Plan

The Irish government has unveiled a range of tough austerity measures designed to help solve the country’s debt crisis.

Among the spending cuts and tax rises are a reduction in the minimum wage, a new property tax and thousands of public sector job cuts.

The four-year plan is designed to save the state 15bn euros ($20bn; £13bn).

The government is also negotiating a bail-out package with the EU and IMF, expected to be worth about 85bn euros.

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Run on Ireland banks

Ireland banks are facing tough time in the last three months , with over 30 billion dollars of deposits getting withdrawn out of the system. And in the last one month alone, over 12 billion dollars have been withdrawn , say unconfirmed reports.
Now the ECB has stopped further lending to the Irish banks, and it is now asking for return of the over 100 billion dollars lent to these banks.
That could put these banks in more trouble, and with these reports out in the open, most of the economists fear that in the coming days the Irish banks could even stop allowing foreclosure of deposits, as they may be out of cash. That could spell serious trouble for the entire European region, as depositors in other weaker countries would also start withdrawing their deposits from the banks right away.

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Ireland is close to bankruptcy

The Ireland government kept on telling the world that they are fully funded and they are nowhere near any bailout need till two weeks back. But one statement from Germany State Head Merkel that international lenders also should take part of the bailout costs involved through loan write offs, has only exposed the dire status of Ireland.
In the last two weeks, banks have stopped buying Ireland bonds and now the country is badly in need of funds to take care of routine activities, for which it is now ready to accept the bailout funding from EU and IMF. That could come with a heavy cost which may eventually lead to the collapse of the present government in Ireland.
There are already rumors of some of the Ireland banks going bankrupt in the coming days, as they are seeing heavy deposit withdrawals beyond their cash balances. Some banks are running have seen over 20% drop in the deposits in the last few quarters.

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UK to boost it’s economy in an innovative way

Britain has plans to introduce Entrepreneur visa category which would help to create more jobs in UK. The entrepreneur category will encourage more national to catalyze the economy of the UK says the prime minister David Cameron. The visas which will be provided for the businessmen and other entrepreneurs who will give more jobs to the Britain citizens.

The businessmen and other entrepreneurs are the wealth creators for the next generation and job makers. The office research shows that many people whop came from foreign countries to Britain were unskilled. These foreign nationals who came to Britain named themselves and came in as skilled professionals but were not skilled. Due to this the tier one category was a failure stated the prime minister Cameron after a home office research. If those persons who have a great business idea then the nationals will be provided with the Entrepreneur visas.

Our country Britain is open for those who are ready to invest to a business then you are welcome stated Cameron. At present the net migration to Britain has been bought down to tens of thousands so i want the message is louder.
The message of migration is louder to the whole world over especially about the net migration he said. Every classroom a new idea is created it a n idea will make us create jobs may it a laboratory where the idea is created. If you are ready to build a world beating company then Britain wants you and create jobs here announced the David Cameron.

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Reunification celebrated in Germany

On Sunday Germany celebrated its 20th anniversary of reunification after decades of cold war. The reunification of with the capitalist West and the East Merged in Germany after 20 years. The cold wart division between Capitalist West and Communist East came to end Berlin Wall.The year’s celebration is expected to be participated by several hundred thousand people. The celebration is held at the Northern city of Bremen where street parties and events will be present.

The events and parties will be led by the Chancellor Angela Merkel,who was East Germany bought up. The people of West Germany in same time have a huge solidarity period said the reports from Germany. The rebuilding from all the people of Germany is happening quickly is because of the joint efforts. The reunification celebration is expected to be participated by European Commission President Jose Manuel Barroso and Nat secretary Anders.

The country was being congratulated by US president Barrack Obama and praised Germany for the courage and conviction. The courage which ended the decades of artificial separation and the suffering which bought down the Berlin Wall. Obama said that the reunification which is peacefully done between the East and West is an historic achievement. The treaty of reunification was signed during October 3,1990 after Berlin wall was pulled down in a revolution.

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US and China cannot confront with each other

Today US is the largest economy in the world and China is the second largest. The trade between these two countries are the largest between any two countries of the world, and the inter-dependence has grown dramatically for these two countries.
China supplies billions of dollars worth low cost items including apparels and toys and leather products and electronic products to US, while it imports the high end technology and related products from US.
China is running on a huge trade surplus for several years , thanks to increasing demand for low cost Chinese products in US, and that is expected to come down only slowly over the years. Given the increasing dominance of China on international issues, the US would be reluctant to bridge the gap with China through a substantial increase in the high technology space as it would harm the long term dominance of the US.
The US depends on Chinese investments in US treasuries to tide over the current deficit problem and China does not have any other place to invest the billions of dollars of surplus it generates every month.

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