Business Pivot Point

Tens of thousands of people have attended a controversial rally in Washington DC organised by conservative talk show host Glenn Beck.

Civil rights leaders criticised Mr Beck for holding the rally at the Lincoln Memorial, the place where Martin Luther King Jr made his “I Have a Dream” speech 47 years ago to the day.

Former US vice-presidential hopeful Sarah Palin also spoke at the rally.

Addressing the conservative rally, Mr Beck - a presenter for Fox News - said the US had “wandered in darkness” for too long.

“America today begins to turn back to God,” he said.

After a tough immigration rules on many industries which was introduced by the Britain government. Restaurateurs are really stressed about the future of the industries of many curry houses. The spicy nan, masala puri and other dishes are favorite among many people in U.S.

The present year 2010 was been celebrated as the 200th birthday of restuarents. As the tight rules of immigration is threatening many chefs from outside countries. Many Britons have embraced the spices and various dishes from south Asia and adapted to different tastes. Some dishes have even received names and been invented as a true British national dish.

One of the dishes which is a tomato based stew has even bagged the title of national dish of British. At present many curry houses relay on foreign cooks who are mostly from Bangladesh and non European immigrants. Bangladesh Caters Association gives employment to 100,000people in Britain especially. The new cap for the immigration law may affect many people who are working in restaurants. A temporary immigration law was introduced at July 19,a permanent immigration law which will be introduced during next April.

The Obama administration promised to show a friendly hand with Iran at the time of taking over one and a half years back, but today it is also doing exactly what the earlier US administrations were doing.
Despite special efforts by the Obama administration, the Iranian regime is continuing to pursue dangerous nuclear operations in a clandestine manner, and it is already costing the US and NATO forces heavily in Iraq / Afghanistan / Pakistan.
So the US government has today signed up another round of special sanctions against Iran and forbids access to US markets for any company doing business with Iran.
Whether this would be helping in bringing Iran to the negotiation table is a billion dollars question.

Obama’s popularity rating hit a new low of 48% last month in the wake of his poor handling of the gulf of Mexico oil spill aftermath. Now with no money in the coffers, and the unemployment ruling at over 9.5% , he is left with no choice but only hope for God’s help.
Also complicating his problem is the reluctance of China in appreciating it’s currency. It is not expecting to raise it beyond a few basis points fearing exports crash. Also stronger countries like Germany and France are now talking of cutting down on their lavish spending style, which can pull down the weak US exports further.
And on the politics front, the Iran and Afghanistan problems are intact and are only growing bigger in size. So as of now, nothing is going right for the US President, and he is only likely to see further dip in popularity rating in the coming months.

North Korea’s ruling communist party is to hold a rare meeting of its political bureau, state media have said.

The session will be held in September to select new leaders to the Workers’ Party of Korea (WPK), the North Korean Central News Agency said.

Analysts say the move may signal a transition of power in the secretive country.

Leader Kim Jong-il is believed to be in ill health and grooming one of his sons, Kim Jong-un, to succeed him.

The meeting is “for electing [the party's] highest leading body reflecting the new requirements of the WPK,” the announcement said.

“We are now faced with the sacred revolutionary tasks to develop the WPK… into an eternal glorious party of Kim Il-sung and further increase its militant function and role to glorify the country as a great prosperous and powerful socialist nation.”

The leader of a Sunni militant group has been executed in Iran for his involvement in “terrorist” attacks in the Islamic state, state media report.

Abdolmalek Rigi, head of Jundullah, was hanged at dawn at Tehran’s Evin prison in the presence of the families of its victims, the Irna news agency said.

Mr Rigi was accused of being behind a series of deadly bombings and raids in the province of Sistan-Baluchistan.

Pakistani intelligence gives funding, training and sanctuary to the Afghan Taliban on a scale much larger than previously thought, a report says.

Taliban field commanders interviewed for the report suggested that ISI intelligence agents even attend Taliban supreme council meetings.

Support for the Afghan Taliban was “official ISI policy”, the London School of Economics (LSE) authors suggest.

Pakistan’s military denied the claims.

A spokesman said the allegations were “rubbish” and part of a malicious campaign against the country’s military and security agencies.

The LSE report comes at the end of one of the deadliest weeks for Nato troops in Afghanistan, with more than 30 soldiers killed.

US President Barack Obama has telephoned Japan’s new leader Naoto Kan to congratulate him and to pledge co-operation, amid tensions over a US military base on the island of Okinawa.

Tokyo officials said Mr Kan had promised to make “strenuous efforts” to resolve the issue.

Japan’s previous government resigned after failing to deliver an election pledge to move the US base off Okinawa.

Many residents on the island resent the military presence.

Incidents including the rape of a 12-year-old Japanese girl in 1995 by three US servicemen have inflamed public opinion.

Israel says it will not take part in a conference aimed at achieving a nuclear-arms free Middle East, proposed at a UN meeting in New York.

Nearly 200 nations, signatories of the Nuclear Non-Proliferation Treaty (NPT), backed plans for the meeting in 2012.

In a document agreed at the talks, Israel was singled out for criticism.

Israel, which has not signed the NPT, dismissed the document as “deeply flawed” and “hypocritical”.

The South Korean government is getting ready for a military confrontation with North Korea, and the latter is also getting ready for the military show down. But a closer evaluation of the status of each of these countries would reveal that North Korea may not be able to really fight against the really superior South Korea on any format, be it naval or air or ground war.
And US also is waiting to put it’s weight behind South Korea to use this opportunity to regain the global super power dominance, that is no more with it since the beginning of 2000.
So expect North Korea to act smartly under the special advise of China, and expect an amicable solution to the South Korean ship sinking tussle.