THE ONLOOKER

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Golfshop

Are planning your next holidays? Well, if you have not decided yet, then I have a suggestion for you, why do not you go to somewhere, where you can play golf and spend a healthy and playful holidays in beautiful place of southern Europe. But why golf and why not something else? Well, do not you think that you need a break from your daily routine, and yet you need some rest to get back energy which you lose everyday back at office? So, a holiday break with some sport will be really good, it will make you full of energy again. Along with some soft sport the beautiful landscapes of Germany will freshen up your eyes too. To be more specific, visit Bavaria, the place with its snow capped mountains, beautiful lakes and surrounding greenery, will defiantly make your holidays great and memorable. Amidst of the pollution free, natural scenic beauties, there are several hotels and resorts that offer you exquisite holidays with Golfshop. You may not know how to play golf. The Golfshop is the re...

Online Perfume

Perfume or aroma is something natural that we lost due to climate change, industrialization as the civilization progressed. What they were for? Just to turn Adam and Eve attractive to each other. It is true and still holds good. Do you know you attract the attention much more from other gender that which you belong to, when you use the right perfume! There are many available in the market but you are not sure which one is suitable for you! Just log in here online perfume and find what suits you the best. This site is one of the best online perfume seller, they sell the best in terms of quality and price. Buy from them.

Obama, Out Sourcing and Uncle Tom's Cabin

The recent measures adopted by US president to impose more tax on those companies who outsource labors mainly from India, China or Philippines; may not encourage the company to source their workforce locally. Such measures have been adopted by President to salvage US economy from recession, unemployment et el. He expects this measure will motivate the US companies to offer more employments to Americans; so in turn this will help salvage US economy to some extent. May be it is beyond President Obama’s wild imagination that in India a high skilled engineer can be hired for $2 or less per hour! In US at least $8-10 are paid to unskilled labors per hour. Obviously it will be still attractive to outsource from India than engaging local workforce despite of higher tax burden for US companies. Though slapping more tax will shrink the margin and reduce the bottom line (profit)of the Indian companies. This has been opined by the industry experts. Well this may be matter of relief for Indian IT ...

Mayday

Mayday, the 1st May every year is earmarked as international Labor Day or worker’s day. In fact we associate the Mayday with Haymarket affairs in Chicago, in the year 1886. But it has its root in Australia, where since 1856 “worker’s holiday” concept crystallized. This idea spread across the world. However, later May 1st has been declared “worker’s day” to commemorate the 1886 Haymarket affairs, where to disperse the peaceful rally of workers, police opened fire and killed four of them. It is fallout of achievement in international labour movements and reorganization of 8 hours work-a-day for labour. How the workers are all over the world? Are they truly free from the bonded laborhood or slavery? The answer is clearly “NO”. The only status of labour is changed not the terms. Of course there are fortunates few, who work in organized sectors, still enjoy the freedom that conferred on them in the spirit of May Day, but vast majorities are deprived of free labour status, either by indir...

Ballot Box Vs EVMs

The ballot box has been replaced with electronic voting machine in India. This is for saving time, quick counting and of course to check the misuse of ballot box system of voting. The modus operendi of false voting is well known to every voting Indian. But could this stop false voting? Perhaps not; in fact it has become easier and more rampant with EVMs; sources say. This takes place with the consent of everybody present in any particular booth. It is heard that some time the agents of contesting parties happily distribute between themselves the number of false votes.

HOLIDAYING WITH GHOSTS!

Till recently for me holidaying meant few days of outing for travel, rest and recuperation. Well, there are several modes of holidaying like visiting hill stations or sea-shores (beaches) and for more energetic and adventurers; wild life travel or adventure tourism. It came as a surprise when someone told me about ghost hunting tourism. In fact I did not attach much importance to it thinking it might be someone imaginative one’s brainchild to befool people like me. But recently a news paper report vouched for it and I came to know that there are many operators in tourism industry all over the world are gleefully arranging such tours. There are many haunting castles spread across all over Europe, especially in Britain and East European countries. Each of those haunting castles has their own history to correlate the happenings and there are some records of them. But in the other side of Atlantic Ocean i.e. America is not lagging behind for their tour operators to sell ‘haunting travels”...

Gold is Gold for ever!

The global recession is not going to recede soon and the current equity rally is likely to fizzle out; the several experts opine this. The trillion dollars package announced by US in G20 summit to counter current global recession may induce inflationary trend in the market all over the world. In this never seen before situation, the obvious question is where to invest? In any situation when the economy of any nation went tumble tosser, gold used to be considered as safe haven for investors. Till recent months this has been true for Indian investors but with dollar price rising high; the gold price is too high to attract investment. Do you know year 2008 was a year of gold! The Indian gold exchange traded funds (ETFs) have given returns around 26.5% ; the highest amongst any asset class that gives return, during financial year 2008-2009. That to when the global economy has been reeling under the pressure of recession. Now, the gold price touching the new high $1002.2 per ounce during ...

Coutering recession

In India, with the great democratic exercise like election being held in several installments, the fresh measure to counter global recession has been announced by Reserve Bank of India. A fresh cut in the lending rate has been announced hoping to limit inflation rate within 4% and meeting the moderate growth rate at least 6%. Now, industries can seek loans at a cheaper rate. The housing loans will also be cheaper, it is expected. How far current measure offer impetus to demands in housing and other core sectors is still doubtful; as several industrial sources comment. The reason being they say, that though there is a cut in the lending rate but Banks are reluctant to offer fresh advance apprehending further rise of bad assets.

Indian Scenario

Indian economy is following the global trend of recession despite of assurances from several quarters that Indian economy would not be hurt. All around slump in demand is perceptible. The first heat of global recession was received in stock market and that followed by demand slump in industrial sectors. The infrastructure, realty, transport and all basic industries linked to them are facing recessionary trend. Thank god! in India " election " and " politics " are also considered most dividend paying industries. Though former being actually the industrial fair and the later remains a matter of industry in true sense. So, in short run Indian Inc. is bullish about speculative market betting on election results. If you invest wisely (FIIs welcome), you can reap rich dividends in short run.

Indian Trend

The deep recessionary trend world wide is taking its toll in developed as well as developing countries. If recession has put thousands of people out of employment in the recent history of United States; so with many other countries in the developed word. The developing countries like Russia, Brazil, China and India are yet to feel the full blown pinch. But the sinister sign is everywhere visible. In India, already the there is slump in demands in infrastructure, automobile, steel sectors are visible. Not mention about information technology sector, India's most emerging and earning in terms export sector. This year number of companies have stopped fresh recruitment, many have shown the pink chits to their employees, albeit in a limited scale. But the uncertainty in future is a certainty now! Every pundit or Guru is forecasting India's growth slump in tandem with global recession.

Satyam : the cheat!

Satyam is a national shame! The recent submission by their promoter and Chairman Mr Raju of the frauds he committed to the tune to Rs 7800 crore has tarnished the image of India Inc. But it is not limited to that alone, it has taken a huge toll in the confidence of investors and public in general. What is it? How come a corporate house, regularly being audited can cheat the public, their clients, the global market as a whole? Does it mean that a single man can take still the gullible public in general for a ride, if he is influential or moneyed! The name of PWC or Price Water Coopers, their auditors who has been auditing them for years, has been indicted. Well that is also a corporate house, how about the Government agencies; say the income tax, the service tax, the sells tax authorities? Have they been sleeping. Styam has shown inflated profit, inflated sells; they must have accrued inflated tax liabilities, why not that has been checked? Will our Government answer?

Who the Pirates are?

A recent news attracted my attention regarding piracy off the Somalian Coast. In fact, off late there were lot of furor over sea piracy by Somalian pirates and world community taking cognizance of the alarming situation have stared patrolling the Somalian coast to safeguard their cargo ships, what are usually the pirate's targets. But the latest news from "The Independent" suggests that Somalian marine life is devastated by European nuclear dumps carried out stealthy. Since 1991, there is no government in Somalia, this offered a free hands for the European countries to get rid of their nuclear waste by getting them dumped off the Somalian coast. This is cheap, merits no compensation and done by Italian mafias secretly. Initially thousand of lives have been lost in the coastal areas of Somalia due to nuclear contamination . The radiation from nuclear waste caused havoc damage to the human and marine life . Looting of sea fishes by European trawlers from the Somalian coas...

Economics and Politics

The current economical environment worldwide is not stable, whatever encouraging news may pour in. In India, our leaders and their Babus are all set to misguide the public in general as if everything is under control, the inflation, the industry and the growth story. But keep in your mind ,it is the poll ahead. So the rosy pictures are drawn to make you believe so you bring them back to power. The demand slump cut downs the price of goodies or consumer durables. The car price is low, the flat price is getting flatter, since there is no taker. Who are those investing in real estates? They are not looking for the roof over their heads but just perking their funds for faster and safer appreciation. So for you and me it may be the better time to look for a roof over head. But mind you , the flat which you and me can buy are not cheaper yet; neither the price of rice, wheat or vegetables or anything for our every day consumption. So keep your funds safe, may be there are far more grim days...

The Saving and Loan crises in 1989

The “Black Monday” in 1987 was followed in quick succession by two more crises in US economy till the advent of new millennium. The Saving and Loan crises in 1989 and thereafter the Long Term Capital Bailout in 1998; were the two turmoil that rocked the US economy. In US, like banks, savings and loan institutions accept deposits from public and offered mortgage loans to them. They are in the business since 1800s and remained under strict regulation till 1970s. In late 70s, new competitors, Money Market Funds started offering higher interest rate than S&Ls. The S&Ls sought deregulations to offer higher interest rate and more loans from government; what they got. It was something like handing in babies with shot-guns. The 1980s real estate boom saw many S&Ls grew so fast as never before! Their speculative assets grew faster than ever. Loans granted against superficially priced properties brought many S&Ls prospects down, even to dooms! It was due to huge payment defaults...

Global meltdwon in 1987 and there after

After the Wall Street crash in October 1973 due to unprecedented surge in crude oil price; there was lull for little more than a decade. The Wall Street rocked again on October 19th, 1987,the Monday. The US stock market indices, the DOW Jones Industrial Average lost 508 points. That means on a single day the stocks lost 22.6% of their values! This day was also termed as another “ Black Monday ”. Two of the potential culprits behind this crash were identified. One was, as the gift technology; the program trading and other a new financial hedging method called portfolio insurance. Both of them together caused the sharp fall of stock prices for massive sell offs. Of course there other factors like US trade deficit, weakening of dollar and overvaluation of stock values played its roll with investor’s sentiments. But in a single day, a fall that sharp could never take place unless the traders used computers for stock trading. Program trading is that when a trader can book order to sell or b...

1973 Oil Crises

Readers, sorry for inconvenience! It is due to some technical draw back I needed to shift the article ' 1973 Oil Crisis' . please click HERE for " The Ramadan War and Oil crises" .

Flat Belly Diet

Many young women with bulging waist line get frustrated trying with diet and exercise. At last they give up and leave it in the hands of fate! Obviously, their tummies keep ballooning. So were their worries too. If you are one of them or just worried about the bulging belly, there is good a news for you. The editor of Prevention Magazine, after through research, developed a diet that helps you to control your bulging tummy and turn it to flat belly. There is no exercise, just a diet; called Many young women with bulging waist line get frustrated trying with diet and exercise. At last they give up and leave it in the hands of fate! Obviously, their tummies keep ballooning. So were their worries too. If you are one of them or just worried about the bulging belly, there is good a news for you. The editor of Prevention Magazine, after through research, developed a diet that helps you to control your bulging tummy and turn it to flat belly. There is no exercise, just a diet; called Flat Bel...

The Great Depression!!

>A shanty town ship " Hooverville" A mother of seven, aged 32 years only, photo taken in 1930s Wall Street crash! Wall Street gone tumble tosser, consumers cut down their expenses pulling down the demands. Industries started layoffs, to cut down expenses. The demand further plunged due to escalating unemployment rate. So the Great Depression crept in. The debtors could not repay their loans, banks began to fail. The depositors lost money; there was no deposit insurance in 1930s, as of now. 744 banks failed in the first ten months of 1930 losing $140 billion. Can you imagine, before the decade was over around 9000 banks failed in America! Do you know what Hooverville, Hoover blanket, Hoover Flag, Hoover soup meant? In US during that turbulent time Herbert Hoover was the president. The battered people; who sold their houses and started living in shanties; created townships which were known as Hooverville. To brave the wintry cold they covered themselves with news papers, ...

Gobal meltdown and aftermath !! 1929 Crash

The devastation of First World War and technological progression both together offered a great opportunity of investments and employments in 1920s. That ushered great optimism in the Wall Street as well. Most of the American participated in stock market speculations and investments. You could buy the stock at a fraction of their prices, called “buying on margin”, the rest borrowing from brokers. Obviously share prices sky rocketed. Again the old rule “what goes up must come down” worked. Unfortunately; what went up struggling for number of days; came down in three days! That was the crash. It was on October the 24th, 1929 famous as “Black Thursday”; a massive sell off took place. The volume of trading was more than triple. The price came tumbling down. This time again Richard Whtney of J.P. Morgan and company tried to rescue the market, he started buying the shares aggressively. The downfall halted for time being. The market looked up on 25th, the Friday. On 26th, the Saturday (then tr...

GLOBAL MELTDOWN & THEREAFTER !

What goes up that comes down; this old adage is still valid. We all know that. But when it makes a free fall, then it crashes. This exactly happened in the all major stock markets all over the world, the Wall Street took lead. Thank god! History of Wall Street suggests what comes down crashing, stands up sooner or later. Sooner the better and worse the later; this is true with the recovery, as witnessed, no less than ten crashes, in the last century. Let us recapitulate what we have seen in the last century. Since it is going to be a long narrative, I shall write it in few installments. Hope you will hold your patients. The first financial crash Wall Street witnessed in last century was in 1907. The New Year saw Wall Street in very depressed condition. The stocks were traded at 25% lower prices. It was due to tight money supply condition. At that time Otto Heinze came with a get-rich-quick scheme. He was joined by his brother Augustus Heinze, who was a copper magnet. Finally the tri...